INVESTOR OPPORTUNITY IN THE SOUTH VALLEY! This duplex offers excellent income-producing potential and is a great addition to any investment portfolio. Each unit provides separate living space, creating flexibility for rental income, multigenerational living, or owner-occupancy with supplemental income from the second unit. Conveniently located near schools, shopping, dining, parks, and major commuter routes, the property benefits from strong rental demand and easy access throughout Albuquerque. Whether you're a seasoned investor looking to expand your holdings or a buyer seeking a property with built-in income potential, this duplex offers exceptional value. With opportunities to make improvements and increase future cash flow.
For sale
$175,000
1623 Patton Rd SW, Albuquerque, NM 87105
4beds
2baths
1,534sqft
Duplex, Multi Family
Built in 1961
-- sqft lot
$-- Zestimate®
$114/sqft
$-- HOA
What's special
Separate living space
- 9 days |
- 916 |
- 40 |
Zillow last checked:
Listing updated:
Listed by:
Brad Leigh Patton 505-917-5133,
Talia Freedman and Co. 505-263-7892
Source: SWMLS,MLS#: 1104752
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Free-Standing Gas Range, Refrigerator
Features
- Flooring: Tile
Interior area
- Total structure area: 1,534
- Total interior livable area: 1,534 sqft
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 101205436044610809
- Zoning description: C-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block, Stucco
Condition
- Resale
- New construction: No
- Year built: 1961
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Features: Storage Facilities
- Security: Security Gate
- Subdivision: Redivision Of Tract B Of The Division
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $114/sqft
- Tax assessed value: $105,886
- Annual tax amount: $1,313
- Date on market: 6/3/2026
- Listing terms: Cash
- Total actual rent: 1450
- Tenant pays: Electricity
Estimated market value
Not available
Estimated sales range
Not available
$1,347/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Listed for sale | $175,000+59.1%$114/sqft |
Source:  SWMLS #1104752 Report a problem | ||
| 3/2/2017 | Listing removed | $110,000$72/sqft |
Source: Berkshire Hathaway Home Services New Mexico Properties #860108 Report a problem | ||
| 2/23/2017 | Price change | $110,000-4.3%$72/sqft |
Source: Berkshire Hathaway Home Services New Mexico Properties #860108 Report a problem | ||
| 7/14/2016 | Price change | $115,000-2.5%$75/sqft |
Source: Berkshire Hathaway Home Services New Mexico Properties #860108 Report a problem | ||
| 6/2/2016 | Price change | $117,900-1.8%$77/sqft |
Source: Berkshire Hathaway Home Services New Mexico Properties #860108 Report a problem | ||
| 5/4/2016 | Price change | $120,000-4%$78/sqft |
Source: Berkshire Hathaway Home Services New Mexico Properties #860108 Report a problem | ||
| 3/2/2016 | Listed for sale | $125,000$81/sqft |
Source: Berkshire Hathaway Home Services New Mexico Properties #860108 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,313 +3.3% | $35,292 +3% |
| 2024 | $1,272 +1.8% | $34,264 +3% |
| 2023 | $1,249 +6.2% | $33,266 +3% |
| 2022 | $1,175 +3.4% | $32,298 +3% |
| 2021 | $1,137 +1.8% | $31,358 +3% |
| 2020 | $1,116 | $30,445 +3% |
| 2019 | -- | $29,558 |
| 2018 | $1,041 -0.5% | $29,558 +3% |
| 2017 | $1,046 +0.7% | $28,697 -1% |
| 2016 | $1,039 -96.4% | $28,997 -0.9% |
| 2015 | $29,264 +2743.9% | $29,264 |
| 2014 | $1,029 | $29,264 -2% |
| 2013 | $1,029 | $29,875 -18% |
| 2012 | -- | $36,430 |
| 2011 | -- | $36,430 |
| 2010 | -- | $36,430 +37.2% |
| 2009 | -- | $26,544 +3% |
| 2008 | -- | $25,771 +3% |
| 2007 | -- | $25,021 +3% |
| 2006 | -- | $24,291 +3% |
| 2005 | -- | $23,585 +3% |
| 2004 | -- | $22,898 +1.5% |
| 2003 | -- | $22,559 +3% |
| 2002 | -- | $21,903 +3% |
| 2001 | -- | $21,265 -2.7% |
| 2000 | -- | $21,865 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: South Valley
Nearby schools
GreatSchools rating
- 7/10Kit Carson Elementary SchoolGrades: PK-6Distance: 0.5 mi
- 3/10Ernie Pyle Middle SchoolGrades: 6-8Distance: 0.5 mi
- 2/10Rio Grande High SchoolGrades: 9-12Distance: 1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New Mexico
- Bernalillo County
- Albuquerque
- 87105
- South Valley
- 1623 Patton Rd SW
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Nearby neighborhoods
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