Exceptional multifamily investment opportunity featuring a 10-unit apartment building with a desirable unit mix of (8) two-bedroom, one-bath units and (2) one-bedroom, one-bath units. This income-producing property offers multiple rental streams, strong tenant appeal, and an excellent opportunity for investors seeking to expand their portfolio with a well-positioned multifamily asset. Ideally located in Albuquerque's Southeast Heights, the property provides convenient access to major roadways, Kirtland Air Force Base, the University of New Mexico, Expo New Mexico, shopping, dining, and everyday amenities. The combination of location, unit diversity, and long-term value potential makes this an attractive investment opportunity. To minimize disruption to tenants, showings will be scheduled only after an accepted offer is in place. Contact the listing broker for additional information, including the rent roll, financial details, and property specifics.
Pending
$625,000
225 Virginia St SE, Albuquerque, NM 87108
14beds
8baths
8,096sqft
Multi Family
Built in 1978
-- sqft lot
$-- Zestimate®
$77/sqft
$-- HOA
What's special
- 16 days
- 145
- 8
Zillow last checked:
Listing updated:
Listed by:
Jeremy Navarro Realty Group 505-377-4070,
Keller Williams Realty 505-271-8200
Source: SWMLS,MLS#: 1109165
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 8
Heating
- Baseboard, Hot Water
Cooling
- Evaporative Cooling
Appliances
- Included: Free-Standing Electric Range, Refrigerator
Features
- Flooring: Carpet, Tile
Interior area
- Total structure area: 8,096
- Total interior livable area: 8,096 sqft
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,405 Square Feet
Details
- Parcel number: 101905646350011921
- Zoning description: R-T*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1978
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Features: Deck/Porch
- Subdivision: Lots A And B J Earl Burns Add
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $77/sqft
- Tax assessed value: $335,137
- Annual tax amount: $14,518
- Date on market: 8/14/2026
- Cumulative days on market: 17 days
- Listing terms: Cash,Conventional
- Total actual rent: 6700
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
$1,167/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Pending sale | $625,000$77/sqft |
Source: | ||
| 8/14/2026 | Listed for sale | $625,000+702.3%$77/sqft |
Source: | ||
| 1/24/2011 | Listing removed | $77,900$10/sqft |
Source: Coldwell Banker Legacy #684346 Report a problem | ||
| 11/7/2010 | Price change | $77,900-2.5%$10/sqft |
Source: Coldwell Banker Legacy #684346 Report a problem | ||
| 7/16/2010 | Price change | $79,900-9.2%$10/sqft |
Source: Coldwell Banker Legacy #684346 Report a problem | ||
| 6/12/2010 | Listed for sale | $88,000$11/sqft |
Source: Coldwell Banker Legacy #684346 Report a problem | ||
| 10/17/2003 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,720 +3.2% | $111,701 +3% |
| 2024 | $4,576 +1.7% | $108,449 +3% |
| 2023 | $4,499 +3.5% | $105,290 +3% |
| 2022 | $4,348 +0.5% | $102,223 |
| 2021 | $4,328 -1.3% | $102,223 |
| 2020 | $4,385 | $102,223 |
| 2019 | -- | $102,223 |
| 2018 | $38,983 +821.5% | $102,223 +2.9% |
| 2017 | $4,231 -90.3% | $99,313 +6.1% |
| 2016 | $43,729 -51.9% | $93,613 +3% |
| 2015 | $90,886 +113% | $90,886 +3% |
| 2014 | $42,664 | $88,239 +3% |
| 2013 | $42,664 | $85,669 -22.7% |
| 2012 | -- | $110,851 |
| 2011 | -- | $110,851 |
| 2010 | -- | $110,851 +45.6% |
| 2009 | -- | $76,116 +3% |
| 2008 | -- | $73,900 +3% |
| 2007 | -- | $71,748 +3% |
| 2006 | -- | $69,658 +3% |
| 2005 | -- | $67,630 +3% |
| 2004 | -- | $65,660 |
| 2003 | -- | $65,660 |
| 2002 | -- | $65,660 |
| 2001 | -- | $65,660 -0.7% |
| 2000 | -- | $66,126 |
Find assessor info on the county website
Monthly payment
Est. payment

