Sold

Price Unknown

3417 Eastern Ave SE, Albuquerque, NM 87106

8beds

4baths

2,700sqft

Quadruplex, Multi Family

Built in 1960

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

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What's special

New cmu courtyard wallsTpo roofEvaporative coolers

Updated four plex featuring all two bedroom, one bath units. Seller has installed new CMU court yard walls on the front of each unit. TPO Roof, evaporative coolers in good condition. Current numbers with a 5% vacancy allowance, and a 5% maintenance allowance results in a CAP rate of 6.65 and GRM or 10.5 with one vacancy. If rents were raised to $1222.00 a CAP of 11.43 and GRM of 6.99 would be achieved. Seller will sell single buildings or any combination thereof including all four buildings. See 3413, 3409 & 3421 Eastern listings.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Wall Furnace

Cooling

Evaporative Cooling

Appliances

Included: Free-Standing Gas Range, Refrigerator, Range Hood

Features

Flooring: Laminate, Tile
Has basement: No

Interior area

Total structure area: 2,700
Total interior livable area: 2,700 sqft

Property

Features

Levels: One
Stories: 1
Patio & porch: Patio
Exterior features: Patio

Lot

Size: 6,969 Square Feet

Details

Parcel number: 101605642207840603
Zoning description: R-MH*

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Stucco

Condition

Resale
New construction: No
Year built: 1960

Utilities & green energy

Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected

Green energy

Energy generation: None

Community & HOA

Community

Features: Patio

Location

Region: Albuquerque

Financial & listing details

Tax assessed value: $235,561
Annual tax amount: $3,257
Date on market: 10/10/2024
Cumulative days on market: 208 days
Listing terms: Cash,Conventional,FHA,VA Loan
Tenant pays: Other, See Remarks

Price history

Date	Event	Price
2/10/2025	Sold	--
Source: SWMLS #1072247 Report a problem
1/6/2025	Pending sale	$425,000$157/sqft
Source: SWMLS #1072247 Report a problem
10/10/2024	Listed for sale	$425,000+6.5%$157/sqft
Source: SWMLS #1072247 Report a problem
9/30/2024	Listing removed	$399,000$148/sqft
Source: SWMLS #1064901 Report a problem
6/11/2024	Listed for sale	$399,000$148/sqft
Source: SWMLS #1064901 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,318 +3.2%	$78,513 +3%
2024	$3,216 -1.3%	$76,226
2023	$3,257 +0.5%	$76,226
2022	$3,242 +32.7%	$76,226 +32%
2021	$2,444 +1.7%	$57,726 +3%
2020	$2,404	$56,045 +3%
2019	--	$54,413
2018	$2,087 -7.3%	$54,413 +3%
2017	$2,250 +5%	$52,828 +4.8%
2016	$2,144 -95.6%	$50,396 +3%
2015	$48,929 +2325.6%	$48,929 +3%
2014	$2,017	$47,504 +3%
2013	$2,017	$46,121
2012	--	$46,121
2011	--	$46,121
2010	--	$46,121 -34.2%
2009	--	$70,093 +47.6%
2008	--	$47,495 +24.9%
2007	--	$38,038 +3%
2006	--	$36,930 +3%
2005	--	$35,855 +3%
2004	--	$34,810 +3%
2003	--	$33,796 +3%
2002	--	$32,820 +3%
2001	--	$31,864 +29.7%
2000	--	$24,564