Built in 1996 by the owners' family and designed by their father, a well known local architect, Allan G Elsik, this is the first time this treasured community has been available for sale. Each unit has two bedrooms and one bathroom and averages 893 sf.The property is owned by an estate and they heir's do need to cash out.At the current average rents of $1,300, and an ask price of $519,335 the measures of investment performance include a price per unit of $173,112, price per square foot of $193.78, a GRM of 11.10, an after reserves cap rate of 6.56%.
Sold
Price Unknown
308 Jefferson St NE, Albuquerque, NM 87108
6beds
3baths
2,680sqft
Triplex, Multi Family
Built in 1996
-- sqft lot
$-- Zestimate®
$--/sqft
$2,941 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,941/mo
Zestimate® history
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Two bedroomsOne bathroom
Zillow last checked:
Listing updated:
Listed by:
Todd D Clarke 505-440-8633,
NM Apartment Advisors, Inc.
Bought with:
Roberta G Gore, 49163
Keller Williams Realty
Source: SWMLS,MLS#: 1081644
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Refrigerator
Features
- Flooring: See Remarks
- Has basement: No
Interior area
- Total structure area: 2,680
- Total interior livable area: 2,680 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Landscaping
Lot
- Size: 9,583 sqft
Details
- Has additional parcels: Yes
- Parcel number: 101705734733611117
- Zoning description: R-MH*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1996
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
Green energy
- Energy generation: None
Community & neighborhood
Location
- Region: Albuquerque
- Subdivision: Heights Reservoir Addition
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2025 | Sold | -- |
Source:  SWMLS #1081644 Report a problem | ||
| 4/14/2025 | Pending sale | $519,335$194/sqft |
Source: SWMLS #1081644 Report a problem | ||
| 4/9/2025 | Listed for sale | $519,335$194/sqft |
Source: SWMLS #1081644 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,169 +3.2% | $74,998 +3% |
| 2024 | $3,072 +1.7% | $72,814 +3% |
| 2023 | $3,021 +3.5% | $70,694 +3% |
| 2022 | $2,919 +3.5% | $68,635 +3% |
| 2021 | $2,821 +2.7% | $66,636 +3% |
| 2020 | $2,748 | $64,696 +3% |
| 2019 | -- | $62,811 |
| 2018 | $2,380 -8.4% | $62,811 +3% |
| 2017 | $2,598 +6.2% | $60,983 +6.1% |
| 2016 | $2,446 -95.6% | $57,482 +3% |
| 2015 | $55,808 +2325.6% | $55,808 +3% |
| 2014 | $2,301 | $54,183 +3% |
| 2013 | $2,301 | $52,605 |
| 2012 | -- | $52,605 |
| 2011 | -- | $52,605 |
| 2010 | -- | $52,605 -31.1% |
| 2009 | -- | $76,309 +3% |
| 2008 | -- | $74,087 +3% |
| 2007 | -- | $71,930 +3% |
| 2006 | -- | $69,835 +3% |
| 2005 | -- | $67,802 +3% |
| 2004 | -- | $65,827 +2.6% |
| 2003 | -- | $64,161 |
| 2002 | -- | $64,161 +2.8% |
| 2001 | -- | $62,428 +3.5% |
| 2000 | -- | $60,327 |
Find assessor info on the county website
Neighborhood: Highland
Nearby schools
GreatSchools rating
- 6/10Zia Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 6/10Jefferson Middle SchoolGrades: 6-8Distance: 1.2 mi
- 2/10Highland High SchoolGrades: 9-12Distance: 0.5 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87108
- Highland
- 308 Jefferson St NE
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Albuquerque Topics
