This is a rare opportunity to own a well-maintained triplex in one of Albuquerque's most sought-after rental areas. Perfect for both new and seasoned investors looking to capitalize on the high-demand rental market near UNM. It has an impressive rental history and less than 3% vacancy rate over the last six years which is an excellent indicator of stability and continued profitability. At the ask price of $560,000, the GRM is 11.18 and the cap rate is 6.53%. Each home is a freestanding building with no shared walls. Each is equipped with a private yard, a washer and dryer, newer double paned windows, and assigned parking. Mainline sewer replaced in 2023. New roof on back unit (12/24) and new gas stove at front house (11/2024). 1 of the 3 units was built in 2023!
Sold
Price Unknown
2110 Lead Ave SE, Albuquerque, NM 87106
5beds
3baths
2,432sqft
Triplex, Multi Family
Built in 1936
-- sqft lot
$-- Zestimate®
$--/sqft
$3,695 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,695/mo
Zestimate® history
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List your homeWhat's special
Freestanding buildingAssigned parkingPrivate yardNewer double paned windowsWasher and dryer
Zillow last checked:
Listing updated:
Listed by:
Kirsten R Marino 505-585-1143,
Simply Real Estate
Bought with:
NM Homegirls Team
NMHG
Source: SWMLS,MLS#: 1072240
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Central, Ductless, Forced Air, Floor Furnace
Cooling
- Ductless, Evaporative Cooling, ENERGY STAR Qualified Equipment, Varies by Unit
Appliances
- Included: Dryer, Refrigerator, Range Hood, Washer
Features
- Flooring: Concrete, Tile, Wood
- Basement: Interior Entry,Unfinished
- Fireplace features: Option
Interior area
- Total structure area: 2,432
- Total interior livable area: 2,432 sqft
Property
Parking
- Total spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: Landscaping
Lot
- Size: 6,969 sqft
Details
- Parcel number: 101505748117341719
- Zoning description: R-T*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1936
Utilities & green energy
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & neighborhood
Security
- Security features: Security Gate
Location
- Region: Albuquerque
Other
Other facts
- Listing terms: Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2025 | Sold | -- |
Source:  SWMLS #1072240 Report a problem | ||
| 4/1/2025 | Pending sale | $560,000$230/sqft |
Source: SWMLS #1072240 Report a problem | ||
| 2/23/2025 | Listed for sale | $560,000$230/sqft |
Source: SWMLS #1072240 Report a problem | ||
| 2/3/2025 | Pending sale | $560,000$230/sqft |
Source: SWMLS #1072240 Report a problem | ||
| 10/10/2024 | Listed for sale | $560,000$230/sqft |
Source: SWMLS #1072240 Report a problem | ||
| 8/29/2024 | Listing removed | $1,775$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/21/2024 | Price change | $1,775-1.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/31/2024 | Listed for rent | $1,800+2.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/29/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/11/2023 | Listed for rent | $1,750+12.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/7/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 7/3/2022 | Listed for rent | $1,550+34.8%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/21/2019 | Listing removed | $1,150 |
Source: Owner Report a problem | ||
| 5/8/2019 | Listed for rent | $1,150+2.2% |
Source: Owner Report a problem | ||
| 7/6/2018 | Listing removed | $1,125 |
Source: Owner Report a problem | ||
| 6/28/2018 | Listed for rent | $1,125 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,892 +3.2% | $92,112 +3% |
| 2024 | $3,773 +1.7% | $89,429 +3% |
| 2023 | $3,710 +13.5% | $86,825 +12.9% |
| 2022 | $3,270 +3.5% | $76,872 +3% |
| 2021 | $3,160 +1.7% | $74,633 +3% |
| 2020 | $3,108 | $72,459 |
| 2019 | -- | $72,459 |
| 2018 | $2,656 -8.4% | $72,459 +6.5% |
| 2017 | $2,898 +6.2% | $68,041 +6.1% |
| 2016 | $2,729 -95.6% | $64,136 +3% |
| 2015 | $62,268 +2325.6% | $62,268 +3% |
| 2014 | $2,567 | $60,455 +3% |
| 2013 | $2,567 | $58,694 |
| 2012 | -- | $58,694 |
| 2011 | -- | $58,694 |
| 2010 | -- | $58,694 -15.2% |
| 2009 | -- | $69,214 +81.4% |
| 2008 | -- | $38,164 +3% |
| 2007 | -- | $37,054 +3% |
| 2006 | -- | $35,975 +3% |
| 2005 | -- | $34,926 +3% |
| 2004 | -- | $33,910 +3% |
| 2003 | -- | $32,923 +3% |
| 2002 | -- | $31,964 |
| 2001 | -- | $31,964 -0.1% |
| 2000 | -- | $31,997 |
Find assessor info on the county website
Neighborhood: Silver Hill
Nearby schools
GreatSchools rating
- 7/10Monte Vista Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 6/10Jefferson Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Albuquerque High SchoolGrades: 9-12Distance: 1.5 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87106
- Silver Hill
- 2110 Lead Ave SE
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Albuquerque Topics
