12 unique 1 bedroom apartments spread over three separate buildings with secured common entry and well-preserved mid-century modern style. Well-apportioned, accommodating floor plans with hardwood floors, built-ins, and fantastic natural light are complimented by beautiful common area gardens, creating a lush and private community atmosphere. Units are separately metered for gas and electric. Owner pays for hot water & water / sewer / garbage.The owner has asked that we get this property moved at the ask price of $1,212,000 which is well below the comparable sales at $1,302,832.At the ask price of $1,212,000 and an average rent of $806 measure of investment performance include a GRM of 10.44, a Cap rate of 5.93% and an after tax IRR 15.8%.
Sold
Price Unknown
1404 Silver Ave SW, Albuquerque, NM 87104
1beds
1baths
6,000sqft
Multi Family
Built in 1949
-- sqft lot
$-- Zestimate®
$--/sqft
$1,171 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,171/mo
Zestimate® history
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List your homeWhat's special
Beautiful common area gardensSecured common entryWell-preserved mid-century modern styleHardwood floorsFantastic natural light
Zillow last checked:
Listing updated:
Listed by:
Todd D Clarke 505-440-8633,
NM Apartment Advisors, Inc.,
Kyle E Deacon 505-878-0100,
Deacon Property Services
Bought with:
Nonmls Nonmls
Non Member of SWMLS
Source: SWMLS,MLS#: 1042174
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Wall Furnace
Cooling
- Evaporative Cooling
Appliances
- Included: Refrigerator
Features
- Flooring: Vinyl, Wood
- Has basement: No
Interior area
- Total structure area: 6,000
- Total interior livable area: 6,000 sqft
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Exterior features: Landscaping
Lot
- Size: 0.33 Acres
Details
- Has additional parcels: Yes
- Parcel number: 101305732540612003
- Zoning description: R-ML*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1949
Utilities & green energy
- Electric: None
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & neighborhood
Location
- Region: Albuquerque
- Subdivision: Huning Castle Addition
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2024 | Sold | -- |
Source:  SWMLS #1042174 Report a problem | ||
| 12/14/2023 | Pending sale | $1,212,000$202/sqft |
Source: SWMLS #1042174 Report a problem | ||
| 12/5/2023 | Listed for sale | $1,212,000$202/sqft |
Source: SWMLS #1042174 Report a problem | ||
| 10/18/2023 | Pending sale | $1,212,000$202/sqft |
Source: SWMLS #1042174 Report a problem | ||
| 9/27/2023 | Listed for sale | $1,212,000$202/sqft |
Source: SWMLS #1042174 Report a problem | ||
| 10/12/2017 | Listing removed | $575 |
Source: Deacon Property Services Report a problem | ||
| 9/16/2017 | Listed for rent | $575 |
Source: Deacon Property Services Report a problem | ||
| 8/4/2017 | Listing removed | $575 |
Source: Deacon Property Services Report a problem | ||
| 7/25/2017 | Price change | $575-1.7% |
Source: Deacon Property Services Report a problem | ||
| 6/27/2017 | Listed for rent | $585-5.6% |
Source: Deacon Property Services Report a problem | ||
| 1/4/2017 | Listing removed | $620+6% |
Source: Deacon Property Services Report a problem | ||
| 8/9/2016 | Listing removed | $585 |
Source: Deacon Property Services Report a problem | ||
| 3/17/2016 | Listed for rent | $585+6.4% |
Source: Deacon Property Services Report a problem | ||
| 8/26/2015 | Listing removed | $550 |
Source: Deacon Property Services Report a problem | ||
| 8/14/2015 | Listed for rent | $550 |
Source: Deacon Property Services Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $20,419 +286.1% | $422,558 +285.6% |
| 2024 | $5,288 +1.9% | $109,575 +3% |
| 2023 | $5,192 +5.6% | $106,383 +3% |
| 2022 | $4,917 +3.4% | $103,285 +3% |
| 2021 | $4,754 +1.8% | $100,277 +3% |
| 2020 | $4,670 | $97,357 +3% |
| 2019 | -- | $94,522 |
| 2018 | $2,048 -53.2% | $94,522 +3% |
| 2017 | $4,374 +7.3% | $91,769 +6.1% |
| 2016 | $4,078 -95.1% | $86,502 +3% |
| 2015 | $83,983 +4029.8% | $83,983 +3% |
| 2014 | $2,034 | $81,537 +3% |
| 2013 | $2,034 | $79,163 +3% |
| 2012 | -- | $76,858 |
| 2011 | -- | $76,858 -38.7% |
| 2010 | -- | $125,407 +73.1% |
| 2009 | -- | $72,446 +3% |
| 2008 | -- | $70,337 +3% |
| 2007 | -- | $68,287 +3% |
| 2006 | -- | $66,300 +3% |
| 2005 | -- | $64,369 +3% |
| 2004 | -- | $62,494 |
| 2003 | -- | $62,494 |
| 2002 | -- | $62,494 |
| 2001 | -- | $62,494 +1.7% |
| 2000 | -- | $61,428 |
Find assessor info on the county website
Neighborhood: Huning Castle
Nearby schools
GreatSchools rating
- 6/10Lew Wallace Elementary SchoolGrades: K-5Distance: 0.7 mi
- 4/10Washington Middle SchoolGrades: 6-8Distance: 0.2 mi
- 3/10Albuquerque High SchoolGrades: 9-12Distance: 1.9 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87104
- Huning Castle
- 1404 Silver Ave SW
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Albuquerque Topics
