Any savvy investor knows they are three magic numbers for Albuquerque: 100, 320 and 24,343. Albuquerque has been home to the historic mother road, Route 66, for 100 years of its 320 year history, and its currently undergoing a housing shortage of 24,343 units.The property is nestled at the back of the lot providing both significant buffering from Girard and optimum balcony views of the golf course for the second story apartments. With 4 modernized, well-apportioned 2 Bedroom / 1 bathroom apartments and 4 detached storage units.Metrics of investment performance at the ask price of $547,931 include a price per sf of $177, a price per unit of $136,983, GRM of 11.07, a cap rate after reserves of 6.35% and an after tax IRR of 12.50%.
For sale
$547,931
1809 Girard Blvd SE, Albuquerque, NM 87106
8beds
15baths
3,100sqft
Quadruplex, Multi Family
Built in 1984
-- sqft lot
$-- Zestimate®
$177/sqft
$-- HOA
What's special
- 71 days |
- 334 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
Todd D Clarke 505-440-8633,
NM Apartment Advisors, Inc. 505-440-8633,
Kyle E Deacon 505-878-0100,
Deacon Property Services
Source: SWMLS,MLS#: 1103323
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 15
Heating
- Central
Cooling
- Evaporative Cooling
Appliances
- Included: Refrigerator
- Laundry: Washer Hookup, Dryer Hookup, In Unit
Features
- Flooring: Tile
Interior area
- Total structure area: 3,100
- Total interior livable area: 3,100 sqft
Property
Parking
- Total spaces: 6
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,840 Square Feet
Details
- Has additional parcels: Yes
- Parcel number: 101605624909630203
- 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: 1984
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: The Replat Of Lands Of Contrends Ltd
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $177/sqft
- Tax assessed value: $324,987
- Annual tax amount: $4,576
- Date on market: 5/11/2026
- Cumulative days on market: 71 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 4125
- Tenant pays: Other, See Remarks
Estimated market value
Not available
Estimated sales range
Not available
$1,895/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/11/2026 | Listed for sale | $547,931+99.2%$177/sqft |
Source:  SWMLS #1103323 Report a problem | ||
| 10/7/2020 | Sold | -- |
Source: SWMLS #965613 Report a problem | ||
| 8/10/2020 | Pending sale | $275,000$89/sqft |
Source: Berkshire Hathaway NM Prop #965613 Report a problem | ||
| 5/16/2020 | Listed for sale | $275,000$89/sqft |
Source: Berkshire Hathaway Home Services New Mexico Properties #965613 Report a problem | ||
| 4/19/2020 | Pending sale | $275,000$89/sqft |
Source: Berkshire Hathaway Home Services New Mexico Properties #965613 Report a problem | ||
| 4/1/2020 | Listed for sale | $275,000$89/sqft |
Source: Berkshire Hathaway NM Prop #965613 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,577 +3.2% | $108,319 +3% |
| 2024 | $4,437 +1.7% | $105,164 +3% |
| 2023 | $4,363 +3.5% | $102,101 +3% |
| 2022 | $4,216 +106.9% | $99,127 +3% |
| 2021 | $2,037 -30.2% | $96,240 +41.3% |
| 2020 | $2,921 | $68,092 +3% |
| 2019 | -- | $66,110 |
| 2018 | $2,505 -8.4% | $66,110 +3% |
| 2017 | $2,734 +6.2% | $64,185 +6.1% |
| 2016 | $2,574 -95.6% | $60,500 +3% |
| 2015 | $58,738 +5196.1% | $58,738 +3% |
| 2014 | $1,109 | $57,027 -7.5% |
| 2013 | $1,109 | $61,661 -16.5% |
| 2012 | -- | $73,802 |
| 2011 | -- | $73,802 -35.2% |
| 2010 | -- | $113,921 +67.3% |
| 2009 | -- | $68,076 +30.8% |
| 2008 | -- | $52,055 +3% |
| 2007 | -- | $50,539 +3% |
| 2006 | -- | $49,067 +3% |
| 2005 | -- | $47,638 +3% |
| 2004 | -- | $46,250 +3% |
| 2003 | -- | $44,903 +3% |
| 2002 | -- | $43,596 -27.4% |
| 2001 | -- | $60,060 +28.6% |
| 2000 | -- | $46,695 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Victory Hills
Nearby schools
GreatSchools rating
- 9/10Bandelier Elementary SchoolGrades: K-5Distance: 0.8 mi
- 3/10Wilson Middle SchoolGrades: 6-8Distance: 1.9 mi
- 3/10Albuquerque High SchoolGrades: 9-12Distance: 2.8 mi
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