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For sale
  • $553,865

    1502 Gold Ave SE, Albuquerque, NM 87106

    5beds
    3baths
    3,105sqft
    : 
    $3,763/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $178/sqft
    $-- HOA

    What's special

    Electrical upgradesUpdated living spacesHeating systemsCooling unitsWater heaters
    Fourplex ideally located near the University of New Mexico (UNM), UNM Hospital, and Presbyterian Hospital, this beautifully updated property offers an exceptional opportunity for investors seeking a well-maintained multifamily property. The property features a desirable unit mix of three spacious 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit, with an average unit size of approximately 776 square feet. All four units have been updated, offering updated living spaces designed to appeal to today's rental market. Significant recent capital improvements include water heaters, heating systems, cooling units, and electrical upgrades, providing added value and helping reduce potential near-term maintenance expenses. Conveniently located near major employment centers, educational institutions, healthcare facilities, shopping, dining, and transportation corridors, this property is well-positioned to attract a broad pool of prospective tenants. The seller is open to considering owner financing.
    6 days
    298
    21

    Zillow last checked:

    Listing updated:

    Listed by:

    Vertical Real Estate 877-366-2213,

    LPT Realty 877-366-2213,

    Mario S Zaragoza 505-695-9337,

    LPT Realty

    Source: SWMLS,MLS#: 1113515MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      Heating
      • Ductless
      Cooling
      • Ductless
      Appliances
      • Included: Free-Standing Electric Range, Free-Standing Gas Range, Refrigerator
      Features
      • Flooring: Carpet, Vinyl
      Interior area
      • Total structure area: 3,105
      • Total interior livable area: 3,105 sqft

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Landscaping
      Lot
      • Size: 3,920 Square Feet
      Details
      • Parcel number: 101505727727310115
      • Zoning description: R-ML*

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Frame, Stucco
      Condition
      • Resale
      • New construction: No
      • Year built: 1940

      Utilities & green energy

      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
      Green energy
      • Energy generation: None

      Community & HOA

      Location
      • Region: Albuquerque

      Financial & listing details

      • Price per square foot: $178/sqft
      • Tax assessed value: $409,500
      • Annual tax amount: $5,767
      • Date on market: 11/2/2026
      • Cumulative days on market: 8 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Total actual rent: 5017
      • Tenant pays: Electricity, Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,267/mo

        Price history

        DateEventPrice
        11/4/2026Listed for sale$553,865+16.6%$178/sqft
        Source: SWMLS #1113515 Report a problem
        8/7/2026Listing removed$1,189
        Source: Zillow Rentals Report a problem
        7/22/2026Price change$1,189-11.2%
        Source: Zillow Rentals Report a problem
        7/22/2026Price change$1,339-0.7%
        Source: Zillow Rentals Report a problem
        7/3/2026Price change$1,349-7%
        Source: Zillow Rentals Report a problem
        6/9/2026Listed for rent$1,450
        Source: Zillow Rentals Report a problem
        5/20/2023Sold--
        Source: SWMLS #1031355 Report a problem
        3/29/2023Pending sale$475,000$153/sqft
        Source: SWMLS #1031355 Report a problem
        3/22/2023Listed for sale$475,000$153/sqft
        Source: SWMLS #1031355 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,767 -6%$136,486 -6.2%
        2024$6,138 +158%$145,486 +161.3%
        2023$2,379 +107%$55,677 +3%
        2022$1,150 -66.7%$54,056 +3%
        2021$3,457 +58.2%$52,482 +3%
        2020$2,186 $50,953 +3%
        2019-- $49,469
        2018$1,875 -8.4%$49,469 +3%
        2017$2,046 +6.2%$48,029 +6.1%
        2016$1,926 -95.6%$45,272 +3%
        2015$43,954 +2325.6%$43,954 +3%
        2014$1,812 $42,674 +3%
        2013$1,812 $41,431 -13.8%
        2012-- $48,061
        2011-- $48,061
        2010-- $48,061 +30.6%
        2009-- $36,811 +3%
        2008-- $35,740 +3%
        2007-- $34,699 +3%
        2006-- $33,688 +3%
        2005-- $32,707 +3%
        2004-- $31,755 +3%
        2003-- $30,830 +2%
        2002-- $30,230
        2001-- $30,230 +39.8%
        2000-- $21,631
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Silver Hill

        Getting around

        75 / 100
        Very Walkable
        46 / 100
        Some Transit
        85 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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