Income producing triplex! This fully rented triplex features three spacious 2-bedroom, 1-bath units, each offering a comfortable living area and an eat-in kitchen equipped with a gas stove, refrigerator, and washer/dryer. Tenants enjoy a well-designed layout with ample natural light and functional space. The property includes a beautifully maintained grassy courtyard. Conveniently located near amenities, shopping, and transportation, this income-generating property is an excellent addition to any portfolio!
Sold
Price Unknown
320 Rhode Island St NE, Albuquerque, NM 87108
6beds
3baths
--sqft
Triplex, Multi Family
Built in 1959
-- sqft lot
$-- Zestimate®
$--/sqft
$1,861 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,861/mo
Zestimate® history
Owner options
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$1,861/mo
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List your homeWhat's special
Beautifully maintained grassy courtyardWell-designed layoutEat-in kitchenFunctional spaceGas stoveAmple natural light
Zillow last checked:
Listing updated:
Listed by:
Faithe Real Estate Group 505-401-0721,
Keller Williams Realty
Bought with:
Topazio Barron, REC20220425
Realty One of New Mexico
Source: SWMLS,MLS#: 1079384
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Wall Furnace
Cooling
- Evaporative Cooling
Appliances
- Included: Free-Standing Gas Range
Features
- Flooring: Carpet, Tile
- Has basement: No
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 101905732523441829
- Zoning description: R-ML*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Other
Condition
- Resale
- New construction: No
- Year built: 1959
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Security: Complex Fenced
Location
- Region: Albuquerque
Financial & listing details
- Tax assessed value: $189,900
- Annual tax amount: $2,592
- Date on market: 3/4/2025
- Cumulative days on market: 166 days
- Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2025 | Sold | -- |
Source:  SWMLS #1079384 Report a problem | ||
| 7/3/2025 | Pending sale | $235,000 |
Source: SWMLS #1079384 Report a problem | ||
| 6/30/2025 | Price change | $235,000-6% |
Source: SWMLS #1079384 Report a problem | ||
| 6/2/2025 | Listed for sale | $250,000 |
Source: SWMLS #1079384 Report a problem | ||
| 5/10/2025 | Pending sale | $250,000 |
Source: SWMLS #1079384 Report a problem | ||
| 5/7/2025 | Listed for sale | $250,000 |
Source: SWMLS #1079384 Report a problem | ||
| 5/1/2025 | Pending sale | $250,000 |
Source: SWMLS #1079384 Report a problem | ||
| 4/26/2025 | Price change | $250,000-3.8% |
Source: SWMLS #1079384 Report a problem | ||
| 3/29/2025 | Pending sale | $259,900 |
Source: SWMLS #1079384 Report a problem | ||
| 3/27/2025 | Price change | $259,900-5.5% |
Source: SWMLS #1079384 Report a problem | ||
| 3/4/2025 | Listed for sale | $274,900-3.5% |
Source: SWMLS #1079384 Report a problem | ||
| 2/24/2025 | Listing removed | $285,000 |
Source: SWMLS #1074008 Report a problem | ||
| 11/15/2024 | Listed for sale | $285,000-4.7% |
Source: SWMLS #1074008 Report a problem | ||
| 10/9/2024 | Listing removed | $299,000 |
Source:  HomeSmart #1065336 Report a problem | ||
| 6/18/2024 | Listed for sale | $299,000-0.3% |
Source: SWMLS #1065336 Report a problem | ||
| 2/15/2024 | Listing removed | -- |
Source: SWMLS #1056317 Report a problem | ||
| 1/31/2024 | Listed for sale | $300,000-1.6% |
Source: SWMLS #1056317 Report a problem | ||
| 1/1/2024 | Listing removed | -- |
Source: SWMLS #1038492 Report a problem | ||
| 11/22/2023 | Listed for sale | $305,000-5.6% |
Source: SWMLS #1038492 Report a problem | ||
| 9/21/2023 | Listing removed | -- |
Source: HomeSmart Report a problem | ||
| 9/6/2023 | Price change | $323,000-1.8% |
Source: SWMLS #1038492 Report a problem | ||
| 8/28/2023 | Price change | $329,000-1.8% |
Source: SWMLS #1038492 Report a problem | ||
| 7/23/2023 | Listed for sale | $335,000 |
Source: SWMLS #1038492 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/2/2019 | Listing removed | $650 |
Source: Owner Report a problem | ||
| 8/20/2019 | Listed for rent | $650 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,674 +3.2% | $63,294 +3% |
| 2024 | $2,593 +1.7% | $61,450 +3% |
| 2023 | $2,549 +0.5% | $59,660 |
| 2022 | $2,538 +17.6% | $59,660 +17% |
| 2021 | $2,158 -1.3% | $50,979 |
| 2020 | $2,187 | $50,979 |
| 2019 | -- | $50,979 |
| 2018 | $1,183 -43.9% | $50,979 +3% |
| 2017 | $2,108 +73.5% | $49,495 +73.3% |
| 2016 | $1,215 -95.6% | $28,562 +3% |
| 2015 | $27,730 +2221.5% | $27,730 -1.4% |
| 2014 | $1,195 | $28,130 -28.8% |
| 2013 | $1,195 | $39,496 |
| 2012 | -- | $39,496 |
| 2011 | -- | $39,496 |
| 2010 | -- | $39,496 +10.8% |
| 2009 | -- | $35,662 +3% |
| 2008 | -- | $34,623 +3% |
| 2007 | -- | $33,616 +3% |
| 2006 | -- | $32,637 |
| 2005 | -- | $32,637 +3% |
| 2004 | -- | $31,687 +3% |
| 2003 | -- | $30,764 |
| 2002 | -- | $30,764 |
| 2001 | -- | $30,764 +17.1% |
| 2000 | -- | $26,264 |
Find assessor info on the county website
Neighborhood: La Mesa
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Nearby schools
GreatSchools rating
- 4/10La Mesa Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Hayes Middle SchoolGrades: 6-8Distance: 0.8 mi
- 2/10Highland High SchoolGrades: 9-12Distance: 1.9 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87108
- La Mesa
- 320 Rhode Island St NE
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