Live in one and rent the other three or have multigenerational living! An opportunity for owner-occupied multi-unit living in Albuquerque's desirable UNM North neighborhood near Nob Hill. This charming, updated 1950s 4-plex offers a vacant 2-bedroom residence ready for its new owner, plus three additional units with long-term tenants providing rental income potential. Originally two duplexes on separate lots, now replated as one property, the four residences include two 1-bedroom and two 2-bedroom units. Each offers original oak hardwood floors, granite countertops, refrigerated air, tankless water heater, individually metered gas & electric, and its own washer & dryer. Every residence enjoys a private backyard and garage, plus additional off-street parking with two double carports and gated alley access. At the center of the property, an enchanting, tree-shaded courtyard with lush grass and inviting seating areas creates a peaceful gathering place and wonderful sense of community while preserving each residence's privacy. Enjoy living near UNM, Nob Hill, Uptown, shopping, restaurants, and public transportation. With four units, this property may qualify for FHA or conventional owner-occupied financing, subject to lender and property requirements. A unique opportunity to enjoy the character of an established Albuquerque neighborhood while building equity through real estate! Address is both 204 & 206 Monroe St NE
For sale
$675,000
204 Monroe St NE, Albuquerque, NM 87108
6beds
3,108sqft
Single Family Residence
Built in 1950
0.32 Acres Lot
$-- Zestimate®
$217/sqft
$-- HOA
What's special
Additional off-street parkingOriginal oak hardwood floorsGated alley accessOwn washer and dryerTwo double carportsTankless water heaterPrivate backyard
- 2 days
- 304
- 20
Zillow last checked:
Listing updated:
Listed by:
Jennifer L Wilson 505-440-1256,
RE/MAX SELECT 505-265-5111
Source: SWMLS,MLS#: 1112646
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central
Cooling
- Refrigerated
Appliances
- Included: Dryer, Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator, Washer
- Laundry: Electric Dryer Hookup
Features
- Ceiling Fan(s), Main Level Primary
- Flooring: Tile, Wood
- Windows: Double Pane Windows, Insulated Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,108
- Total interior livable area: 3,108 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Attached, Detached, Garage
- Attached garage spaces: 4
- Carport spaces: 2
- Covered spaces: 6
Features
- Levels: One
- Stories: 1
- Patio & porch: Open, Patio
- Exterior features: Courtyard, Private Yard
- Fencing: Full,Wall
Lot
- Size: 0.32 Acres
- Features: Lawn, Wooded
Details
- Parcel number: 101705741328110517
- Zoning description: R-MH*
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Flat
Condition
- Resale
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: Reservoir Sub
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $217/sqft
- Tax assessed value: $187,072
- Annual tax amount: $5,397
- Date on market: 10/16/2026
- Cumulative days on market: 3 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 1308
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2026 | Listed for sale | $675,000$217/sqft |
Source: | ||
| 8/7/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/3/2023 | Listed for rent | $1,200-11.1% |
Source: Zillow Rentals Report a problem | ||
| 6/4/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/31/2023 | Listed for rent | $1,350 |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,635 +3.2% | $62,352 +3% |
| 2024 | $2,554 +1.7% | $60,535 +3% |
| 2023 | $2,512 +3.5% | $58,773 +3% |
| 2022 | $2,427 +3.5% | $57,061 +3% |
| 2021 | $2,346 +1.7% | $55,400 +3% |
| 2020 | $2,307 | $53,786 +3% |
| 2019 | -- | $52,220 |
| 2018 | $1,979 -8.4% | $52,220 +3% |
| 2017 | $2,160 +6.2% | $50,699 +6.1% |
| 2016 | $2,033 -95.6% | $47,790 +3% |
| 2015 | $46,399 +2325.7% | $46,399 +3% |
| 2014 | $1,913 | $45,047 +3% |
| 2013 | $1,913 | $43,736 |
| 2012 | -- | $43,736 |
| 2011 | -- | $43,736 -33.8% |
| 2010 | -- | $66,094 +60.3% |
| 2009 | -- | $41,229 +3% |
| 2008 | -- | $40,028 +3% |
| 2007 | -- | $38,863 +3% |
| 2006 | -- | $37,731 +3% |
| 2005 | -- | $36,633 +3% |
| 2004 | -- | $35,565 +3% |
| 2003 | -- | $34,530 |
| 2002 | -- | $34,530 +2.8% |
| 2001 | -- | $33,597 +65.3% |
| 2000 | -- | $20,331 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Highland
Nearby schools
Schools provided by the listing agent
- Elementary: Zia
- Middle: Jefferson
- High: Highland
Source: SWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



