Pending

Price cut: $5.1K (5/15)

$299,900

325 Tennessee St NE, Albuquerque, NM 87108

6beds

3baths

2,304sqft

Get pre-qualified

Triplex, Multi Family

Built in 1959

-- sqft lot

$311,600 Zestimate^®

$130/sqft

$-- HOA

What's special

INVESTMENT OPPORTUNITY WITH BUILT-IN INCOME AND ROOM TO GROW. This well-positioned tri-plex on Tennessee Street features three single-story units, each approx 750 sq ft with 2 bedrooms, 1 bath, and private yard space tenants love. Functional layouts include range and refrigerator, plus dedicated parking for added convenience. Tenant occupied for immediate cash flow, with strong rental appeal and upside potential. Whether expanding your portfolio or starting fresh, this property checks the boxes--don't miss your chance to secure a steady income producer!

65 days

227

10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Heating

Wall Furnace

Cooling

Evaporative Cooling, Ceiling Fan(s)

Appliances

Included: Free-Standing Electric Range, Refrigerator

Features

Ceiling Fan(s)
Flooring: Carpet, Tile, Vinyl

Interior area

Total structure area: 2,304
Total interior livable area: 2,304 sqft

Property

Features

Levels: One
Stories: 1

Lot

Size: 6,969 Square Feet

Details

Parcel number: 101905733923941819
Zoning description: R-ML*

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex, Multi Family

Materials

Stucco

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

Subdivision: The Mesa Verde Addition

Location

Region: Albuquerque

Financial & listing details

Price per square foot: $130/sqft
Tax assessed value: $171,334
Annual tax amount: $2,412
Date on market: 5/4/2026
Cumulative days on market: 66 days
Listing terms: Cash,Conventional,FHA,VA Loan
Total actual rent: 2625
Tenant pays: Electricity, Gas

Estimated market value

$311,600

$296,000 - $327,000

$2,549/mo

Price history

Date	Event	Price
6/19/2026	Pending sale	$299,900$130/sqft
Source: SWMLS #1102852 Report a problem
5/15/2026	Price change	$299,900-1.7%$130/sqft
Source: SWMLS #1102852 Report a problem
5/4/2026	Listed for sale	$305,000$132/sqft
Source: SWMLS #1102852 Report a problem
2/17/2026	Listing removed	$305,000$132/sqft
Source: SWMLS #1090328 Report a problem
11/21/2025	Price change	$305,000-3.2%$132/sqft
Source: SWMLS #1090328 Report a problem
10/25/2025	Price change	$315,000-1.6%$137/sqft
Source: SWMLS #1090328 Report a problem
8/25/2025	Listed for sale	$320,000+70.3%$139/sqft
Source: SWMLS #1090328 Report a problem
4/28/2021	Sold	--
Source: SWMLS #976963 Report a problem
1/20/2021	Listing removed	--
Source: SWMLS Report a problem
9/12/2020	Listed for sale	$187,900+0.5%$82/sqft
Source: Realty One of New Mexico #976963 Report a problem
8/4/2020	Listing removed	$187,000$81/sqft
Source: Realty One of New Mexico #963218 Report a problem
8/2/2020	Listed for sale	$187,000$81/sqft
Source: Realty One of New Mexico #963218 Report a problem
7/21/2020	Pending sale	$187,000$81/sqft
Source: Realty One of New Mexico #963218 Report a problem
6/2/2020	Price change	$187,000-1.1%$81/sqft
Source: Realty One of New Mexico #963218 Report a problem
2/26/2020	Listed for sale	$189,000+51.3%$82/sqft
Source: Realty One of New Mexico #963218 Report a problem
1/1/2016	Listing removed	$124,900$54/sqft
Source: Caruso Realty, LLC #831674 Report a problem
4/9/2015	Listed for sale	$124,900$54/sqft
Source: Caruso Realty, LLC #831674 Report a problem
4/22/2014	Listing removed	$550
Source: Go Section8 Report a problem
3/27/2014	Listed for rent	$550
Source: Go Section8 Report a problem
12/11/2001	Sold	--
Source: Public Record Report a problem
7/28/1999	Sold	--
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,413 +3.2%	$57,106 +3%
2024	$2,339 +1.7%	$55,442 +3%
2023	$2,300 +0.5%	$53,828
2022	$2,289 +70.1%	$53,828 +69.3%
2021	$1,346 -51.6%	$31,797 +3%
2020	$2,783	$30,871 +3%
2019	--	$29,972
2018	$1,136 -8.4%	$29,972 +3%
2017	$1,240 +6.2%	$29,099 +6.1%
2016	$1,167 -95.6%	$27,429 +3%
2015	$26,630 +2225.8%	$26,630 -1.2%
2014	$1,145	$26,964 -28.5%
2013	$1,145	$37,696
2012	--	$37,696
2011	--	$37,696
2010	--	$37,696 +5.7%
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%
2000	--	$26,298

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified