308 Charleston NE is a fourplex with a new price of $339,736 - the partners in this deal have asked us to get it moved asap so they can close out this partnership and move on to their next deals.Three units of the four units one bedroom, one bathroom units have had minor upgrades. The community is a short walk to La Mesa Elementary school and park. This fourplex is located in an area of that has had major announcements of new employment and new investment from the City of Albuquerque.At the new ask price of $339,736 the measure of investment performance include a price per unit of $84,934, and a price per square foot of $131.63, a GRM of 8.68, a after reserves cap rate of 6.51%, and a after tax IRR of 14.80%.
Sold
Price Unknown
308 Charleston St NE, Albuquerque, NM 87108
1beds
1baths
2,581sqft
Quadruplex, Multi Family
Built in 1961
-- sqft lot
$-- Zestimate®
$--/sqft
$930 Estimated rent
Home value
Not available
Estimated sales range
Not available
$930/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Todd D Clarke 505-440-8633,
NM Apartment Advisors, Inc.
Bought with:
Anton F Determan, 53934
Real Broker, LLC
Source: SWMLS,MLS#: 1017649
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Wall Furnace
Cooling
- Evaporative Cooling
Appliances
- Included: Refrigerator
Features
- Flooring: Tile
- Has basement: No
Interior area
- Total structure area: 2,581
- Total interior livable area: 2,581 sqft
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 8,276 Square Feet
Details
- Parcel number: 101905724221732717
- Zoning description: R-MH*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Block, Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1961
Utilities & green energy
- Electric: None
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: Loma Verde
Location
- Region: Albuquerque
Financial & listing details
- Tax assessed value: $211,300
- Annual tax amount: $2,566
- Date on market: 6/24/2022
- Cumulative days on market: 258 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Tenant pays: Other, See Remarks
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2026 | Listing removed | $375,000$145/sqft |
Source: eXp Realty #1096611 Report a problem | ||
| 2/19/2026 | Listed for sale | $375,000$145/sqft |
Source:  SWMLS #1096611 Report a problem | ||
| 1/23/2026 | Pending sale | $375,000$145/sqft |
Source: SWMLS #1096611 Report a problem | ||
| 1/11/2026 | Listed for sale | $375,000+2.7%$145/sqft |
Source: SWMLS #1096611 Report a problem | ||
| 10/16/2025 | Listing removed | $365,000$141/sqft |
Source: SWMLS #1091424 Report a problem | ||
| 9/15/2025 | Listed for sale | $365,000-1.4%$141/sqft |
Source: SWMLS #1091424 Report a problem | ||
| 8/13/2025 | Listing removed | $370,000$143/sqft |
Source: SWMLS #1089134 Report a problem | ||
| 8/6/2025 | Listed for sale | $370,000+8.9%$143/sqft |
Source: SWMLS #1089134 Report a problem | ||
| 7/25/2023 | Sold | -- |
Source: SWMLS #1017649 Report a problem | ||
| 5/12/2023 | Pending sale | $339,736$132/sqft |
Source: SWMLS #1017649 Report a problem | ||
| 2/20/2023 | Price change | $339,736-6.5%$132/sqft |
Source: SWMLS #1017649 Report a problem | ||
| 11/21/2022 | Listed for sale | $363,253$141/sqft |
Source: SWMLS #1017649 Report a problem | ||
| 9/20/2022 | Pending sale | $363,253$141/sqft |
Source: SWMLS #1017649 Report a problem | ||
| 6/24/2022 | Listed for sale | $363,253$141/sqft |
Source: SWMLS #1017649 Report a problem | ||
| 7/13/2021 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,976 -8.4% | $70,427 -8.5% |
| 2024 | $3,248 +26.8% | $76,993 +28.5% |
| 2023 | $2,561 +0.5% | $59,927 |
| 2022 | $2,549 -0.7% | $59,927 -1.2% |
| 2021 | $2,567 +68.6% | $60,627 +70.8% |
| 2020 | $1,523 | $35,501 +3% |
| 2019 | -- | $34,467 |
| 2018 | $1,456 +2.1% | $34,467 +3% |
| 2017 | $1,425 +100.8% | $33,463 -1% |
| 2016 | $710 -97.9% | $33,796 -1% |
| 2015 | $34,130 +2255% | $34,130 |
| 2014 | $1,449 | $34,130 -33.5% |
| 2013 | $1,449 | $51,318 |
| 2012 | -- | $51,318 |
| 2011 | -- | $51,318 |
| 2010 | -- | $51,318 +3% |
| 2009 | -- | $49,823 +3% |
| 2008 | -- | $48,372 +3% |
| 2007 | -- | $46,963 +3% |
| 2006 | -- | $45,595 +52.5% |
| 2005 | -- | $29,898 +3% |
| 2004 | -- | $29,028 +3% |
| 2003 | -- | $28,182 +3% |
| 2002 | -- | $27,361 +3% |
| 2001 | -- | $26,564 -0.4% |
| 2000 | -- | $26,664 |
Find assessor info on the county website
Neighborhood: La Mesa
Nearby homes
- $--1 bd1 ba645 sqft308 Charleston St NE #2, Albuquerque, NM 87108Off Market
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Nearby schools
GreatSchools rating
- 4/10La Mesa Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 5/10Hayes Middle SchoolGrades: 6-8Distance: 0.9 mi
- 2/10Highland High SchoolGrades: 9-12Distance: 1.7 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87108
- La Mesa
- 308 Charleston St NE
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