Renovated, solid four-plex with rents improved to market rates. Three new one-year leases and one month-to-month that could be improved as well. New roof, flooring, paint, appliances, and ductless mini-splits. Primary measure of investment is a 5.4% CAP rate at asking price. Record low inventory plus convenient central city location equals low vacancy.
Sold
Price Unknown
3208 Wellesley Ct NE, Albuquerque, NM 87107
3beds
2baths
2,430sqft
Quadruplex, Multi Family
Built in 1973
-- sqft lot
$-- Zestimate®
$--/sqft
$2,073 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,073/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Rory Jensen 505-250-3333,
Duke City Real Estate Services
Bought with:
Erika Banuelos, REC20220943
The M Real Estate Group
Source: SWMLS,MLS#: 1056741
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Ductless
Cooling
- Ductless
Appliances
- Included: Dishwasher, Free-Standing Gas Range, Refrigerator
Features
- Flooring: Vinyl
- Has basement: No
Interior area
- Total structure area: 2,430
- Total interior livable area: 2,430 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting
Lot
- Size: 9,583 sqft
Details
- Parcel number: 101606044908740307
- Zoning description: R-MH*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1973
Utilities & green energy
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & neighborhood
Community
- Community features: Storage Facilities
Location
- Region: Albuquerque
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/7/2024 | Sold | -- |
Source:  SWMLS #1056741 Report a problem | ||
| 5/9/2024 | Pending sale | $485,000$200/sqft |
Source: SWMLS #1056741 Report a problem | ||
| 2/7/2024 | Listed for sale | $485,000+2.1%$200/sqft |
Source: SWMLS #1056741 Report a problem | ||
| 1/19/2024 | Listing removed | -- |
Source: SWMLS #1053815 Report a problem | ||
| 12/21/2023 | Price change | $475,000-4%$195/sqft |
Source: SWMLS #1053815 Report a problem | ||
| 12/4/2023 | Listed for sale | $495,000+125%$204/sqft |
Source: SWMLS #1053815 Report a problem | ||
| 10/2/2020 | Sold | -- |
Source: Public Record Report a problem | ||
| 9/1/2020 | Pending sale | $220,000$91/sqft |
Source: JC Realty Plus #976031 Report a problem | ||
| 9/1/2020 | Listed for sale | $220,000-4.1%$91/sqft |
Source: JC Realty Plus #976031 Report a problem | ||
| 10/15/2018 | Listing removed | $229,500$94/sqft |
Source: JC Realty Plus #921678 Report a problem | ||
| 6/20/2018 | Listed for sale | $229,500+31.1%$94/sqft |
Source: JC Realty Plus #921678 Report a problem | ||
| 11/18/2015 | Listing removed | $575 |
Source: Sky Management & Insurance, Inc. Report a problem | ||
| 10/15/2015 | Listed for rent | $575 |
Source: Sky Management & Insurance, Inc. Report a problem | ||
| 8/6/2015 | Listing removed | $575 |
Source: Sky Management & Insurance, Inc. Report a problem | ||
| 7/8/2015 | Listed for rent | $575+15% |
Source: Sky Management & Insurance, Inc. Report a problem | ||
| 5/13/2014 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 3/18/2014 | Listed for sale | $175,000-10.3%$72/sqft |
Source: Keller Williams Realty #809856 Report a problem | ||
| 11/11/2013 | Listing removed | $500 |
Source: Go Section8 Report a problem | ||
| 11/8/2013 | Listed for rent | $500 |
Source: Go Section8 Report a problem | ||
| 1/8/2013 | Listing removed | $500 |
Source: SKY MANAGEMENT INC. Report a problem | ||
| 11/3/2012 | Listed for rent | $500 |
Source: SKY MANAGEMENT INC. Report a problem | ||
| 6/4/2011 | Listing removed | $195,000$80/sqft |
Source: AJ Yarbrough Realty.com #702519 Report a problem | ||
| 2/26/2011 | Listed for sale | $195,000$80/sqft |
Source: AJ Yarbrough Realty.com #702519 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,956 +56.8% | $117,288 +56.5% |
| 2024 | $3,161 +1.7% | $74,928 +3% |
| 2023 | $3,109 +3.5% | $72,745 +3% |
| 2022 | $3,004 -0.5% | $70,626 -1% |
| 2021 | $3,020 +28.8% | $71,326 +30.5% |
| 2020 | $2,345 | $54,667 +3% |
| 2019 | -- | $53,075 |
| 2018 | $2,152 -2% | $53,075 +3% |
| 2017 | $2,195 +0% | $51,529 +3% |
| 2016 | $2,194 -95.7% | $50,028 -0.9% |
| 2015 | $50,462 +2412.5% | $50,462 +6.7% |
| 2014 | $2,008 | $47,298 +3% |
| 2013 | $2,008 | $45,920 -14.9% |
| 2012 | -- | $53,953 |
| 2011 | -- | $53,953 -11.6% |
| 2010 | -- | $61,027 +16.3% |
| 2009 | -- | $52,481 +3% |
| 2008 | -- | $50,954 +3% |
| 2007 | -- | $49,470 +3% |
| 2006 | -- | $48,029 +6.3% |
| 2005 | -- | $45,189 +3% |
| 2004 | -- | $43,873 +3% |
| 2003 | -- | $42,595 |
| 2002 | -- | $42,595 |
| 2001 | -- | $42,595 +19.1% |
| 2000 | -- | $35,763 |
Find assessor info on the county website
Neighborhood: Alta Monte
Nearby schools
GreatSchools rating
- 4/10Montezuma Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 4/10Mc Kinley Middle SchoolGrades: 6-8Distance: 0.7 mi
- 2/10Del Norte High SchoolGrades: 9-12Distance: 1.6 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87107
- Alta Monte
- 3208 Wellesley Ct NE
Nearby cities
Nearby neighborhoods
Nearby zip codes
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