Seller will consider real estate contract owner financing with 20% down, 7% interest ammortized over 30 years and 5 year term (call).Market rents are $1200 per unit. Property has room to grow towards market rentsCash-Flowing 4-Plex Multifamily - Prime Investment Opportunity!Key Features:See attached APODFour two bedroom 1 bathroom units with patios. Professionally maintained units with upgraded interiors and kept up by property management company.Individual utility meters for streamlined management.108 sq ft exterior storage units, 1 per unitShared Laundry Room coin operated2 newly vacate that can be easily shown before tenants are placed!!!!!!!
Sold
Price Unknown
138 Rhode Island St SE, Albuquerque, NM 87108
8beds
4baths
3,126sqft
Quadruplex, Multi Family
Built in 1980
-- sqft lot
$-- Zestimate®
$--/sqft
$1,546 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,546/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Nichole M. Bronstorp 505-209-1246,
Coldwell Banker Legacy
Bought with:
Diana J Leal, 54204
Weichert, Realtors Image
Source: SWMLS,MLS#: 1055751
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Dryer, Free-Standing Electric Range, Microwave, Refrigerator, Washer
Features
- Flooring: Carpet, Laminate
- Has basement: No
Interior area
- Total structure area: 3,126
- Total interior livable area: 3,126 sqft
Property
Parking
- Total spaces: 4
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,969 sqft
Details
- Parcel number: 101905731801940208
- Zoning description: MX-L*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1980
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & neighborhood
Security
- Security features: Security Gate
Location
- Region: Albuquerque
Other
Other facts
- Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2024 | Sold | -- |
Source:  SWMLS #1055751 Report a problem | ||
| 2/15/2024 | Pending sale | $384,000$123/sqft |
Source: SWMLS #1055751 Report a problem | ||
| 1/29/2024 | Price change | $384,000-1.3%$123/sqft |
Source: SWMLS #1055751 Report a problem | ||
| 1/20/2024 | Listed for sale | $389,000+36.5%$124/sqft |
Source: SWMLS #1055751 Report a problem | ||
| 5/2/2022 | Sold | -- |
Source: SWMLS #1011014 Report a problem | ||
| 3/24/2022 | Pending sale | $285,000$91/sqft |
Source: SWMLS #1011014 Report a problem | ||
| 3/21/2022 | Listed for sale | $285,000+39.2%$91/sqft |
Source: SWMLS #1011014 Report a problem | ||
| 4/15/2021 | Sold | -- |
Source: SWMLS #966113 Report a problem | ||
| 8/29/2020 | Price change | $204,750-1.1%$65/sqft |
Source: Maestas & Ward Commercial RE #966113 Report a problem | ||
| 4/9/2020 | Listed for sale | $207,000$66/sqft |
Source: Maestas & Ward Commercial RE #966113 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,395 -1.6% | $80,358 -1.8% |
| 2024 | $3,452 -1.3% | $81,825 |
| 2023 | $3,497 +21.3% | $81,825 +20.8% |
| 2022 | $2,882 +31.7% | $67,760 +31.1% |
| 2021 | $2,189 +1.7% | $51,696 +3% |
| 2020 | $2,153 | $50,191 +3% |
| 2019 | -- | $48,730 |
| 2018 | $1,847 -8.4% | $48,730 +3% |
| 2017 | $2,015 +6.2% | $47,310 +6.1% |
| 2016 | $1,897 -95.6% | $44,596 +3% |
| 2015 | $43,297 +2325.6% | $43,297 +3% |
| 2014 | $1,785 | $42,037 +3% |
| 2013 | $1,785 | $40,812 -26.8% |
| 2012 | -- | $55,728 |
| 2011 | -- | $55,728 |
| 2010 | -- | $55,728 +53.7% |
| 2009 | -- | $36,261 +3% |
| 2008 | -- | $35,205 +3% |
| 2007 | -- | $34,180 +3% |
| 2006 | -- | $33,185 +3% |
| 2005 | -- | $32,219 +3% |
| 2004 | -- | $31,281 +3% |
| 2003 | -- | $30,370 +3% |
| 2002 | -- | $29,485 -33.8% |
| 2001 | -- | $44,529 +13.4% |
| 2000 | -- | $39,263 |
Find assessor info on the county website
Neighborhood: Trumbull Village
Nearby schools
GreatSchools rating
- 5/10Wherry Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 2/10Van Buren Middle SchoolGrades: 6-8Distance: 0.7 mi
- 2/10Highland High SchoolGrades: 9-12Distance: 1.9 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87108
- Trumbull Village
- 138 Rhode Island St SE
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Nearby neighborhoods
Nearby zip codes
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