Value-add investment with immediate upside! Two 4-plexes (1812 Mary Ellen and 1816 Mary Ellen, 8 units total) sold together--each on its own deeded lot. 7 of 8 units currently rented, offering solid income with significant upside. Below-market rents present a strong opportunity to increase cash flow and long-term ROI. All units are 2 bed, 1 bath with functional layouts that are easy to rent. Located in a high-demand, appreciating area near transit, major employers, schools, and shopping. A units have private backyards; B units have side yards. All units include storage. Well-lit off-street parking.
Sold
Price Unknown
1812 Mary Ellen St NE, Albuquerque, NM 87112
2beds
1baths
6,720sqft
Multi Family
Built in 1971
-- sqft lot
$-- Zestimate®
$--/sqft
$1,198 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,198/mo
Zestimate® history
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Functional layoutsPrivate backyardsSide yards
Zillow last checked:
Listing updated:
Listed by:
J. Vance Kabella 505-315-5797,
Coldwell Banker Legacy,
Stacy A. Ross 505-573-1448,
Coldwell Banker Legacy
Bought with:
Svemir Savic, 39203
Realty One of New Mexico
Source: SWMLS,MLS#: 1089406
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Free-Standing Electric Range, Refrigerator
Features
- Flooring: Carpet, Vinyl
- Has basement: No
Interior area
- Total structure area: 6,720
- Total interior livable area: 6,720 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Landscaping
Lot
- Size: 0.25 Acres
Details
- Parcel number: 102105904505630213
- Zoning description: R-MH*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Resale
- New construction: No
- Year built: 1971
Utilities & green energy
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: Snow Height Addition
Location
- Region: Albuquerque
Financial & listing details
- Tax assessed value: $301,082
- Annual tax amount: $8,208
- Date on market: 8/8/2025
- Cumulative days on market: 46 days
- Listing terms: Cash,Conventional,FHA
- Tenant pays: Other, See Remarks
Price history
| Date | Event | Price |
|---|---|---|
| 2/25/2026 | Sold | -- |
Source:  SWMLS #1089406 Report a problem | ||
| 9/23/2025 | Pending sale | $990,000$147/sqft |
Source: SWMLS #1089406 Report a problem | ||
| 8/9/2025 | Listed for sale | $990,000+41.4%$147/sqft |
Source: SWMLS #1089406 Report a problem | ||
| 3/17/2021 | Sold | -- |
Source: SWMLS #983156 Report a problem | ||
| 1/4/2021 | Pending sale | $700,000$104/sqft |
Source: NM Apartment Advisors, Inc. #983156 Report a problem | ||
| 10/11/2020 | Price change | $700,000-3.4%$104/sqft |
Source: NM Apartment Advisors, Inc. #967116 Report a problem | ||
| 4/29/2020 | Listed for sale | $725,000$108/sqft |
Source: NM Apartment Advisors, Inc. #967116 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,240 +3.2% | $100,351 +3% |
| 2024 | $4,111 +1.7% | $97,428 +3% |
| 2023 | $4,042 +241.4% | $94,590 |
| 2022 | $1,184 | $94,590 +41.1% |
| 2021 | -- | $67,058 +3% |
| 2020 | $2,793 | $65,104 +3% |
| 2019 | -- | $63,208 |
| 2018 | $2,395 -8.4% | $63,208 +3% |
| 2017 | $2,614 +6.2% | $61,368 +6.1% |
| 2016 | $2,461 -95.6% | $57,846 +3% |
| 2015 | $56,161 +2247% | $56,161 -0.3% |
| 2014 | $2,393 | $56,353 +3% |
| 2013 | $2,393 | $54,712 |
| 2012 | -- | $54,712 |
| 2011 | -- | $54,712 -9.2% |
| 2010 | -- | $60,270 +16.9% |
| 2009 | -- | $51,576 +3% |
| 2008 | -- | $50,075 +3% |
| 2007 | -- | $48,616 +3% |
| 2006 | -- | $47,201 +3% |
| 2005 | -- | $45,826 +3% |
| 2004 | -- | $44,492 +3% |
| 2003 | -- | $43,196 +3% |
| 2002 | -- | $41,951 +3% |
| 2001 | -- | $40,729 -4.3% |
| 2000 | -- | $42,562 |
Find assessor info on the county website
Neighborhood: 87112
Nearby homes
- $--2 bd1 ba840 sqft1812 Mary Ellen St NE APT B, Albuquerque, NM 87112Off Market
- $--2 bd1 ba840 sqft1812 Mary Ellen St NE APT D, Albuquerque, NM 87112Off Market
- $--1 bd1 ba600 sqft1808 Mary Ellen St NE APT B, Albuquerque, NM 87112Off Market
- $347,9001 bd1 ba560 sqft1808 Mary Ellen St NE, Albuquerque, NM 87112Off Market
- $--1 bd1 ba700 sqft1808 Mary Ellen St NE APT A, Albuquerque, NM 87112Off Market
- $9501 bd1 ba674 sqft1808 Mary Ellen St NE APT D, Albuquerque, NM 87112For Rent
- $436,8004 bd4 ba3.3k sqft1816 Mary Ellen St NE, Albuquerque, NM 87112Off Market
- $--2 bd1 ba840 sqft1816 Mary Ellen St NE UNIT D, Albuquerque, NM 87112Off Market
Nearby schools
GreatSchools rating
- 6/10Collet Park Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Jackson Middle SchoolGrades: 6-8Distance: 0.3 mi
- 5/10Manzano High SchoolGrades: PK-12Distance: 1.9 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87112
- 1812 Mary Ellen St NE
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