Fully occupied, updated four plex featuring all two bedroom, one bath units. Units 1,2, & 4 have been renovated with new bedroom flooring, new kitchen cabinets and counter tops and stackable washer dryer units. Current numbers with a 5% vacancy allowance, and a 5% maintenance allowance results in a CAP rate of 8.8 and GRM or 8.29. If rents were raised to market rate of $1222.00 a CAP of 11.04 and GRM of 6.99 would be achieved
Sold
Price Unknown
3421 Eastern Ave SE, Albuquerque, NM 87106
8beds
4baths
2,700sqft
Quadruplex, Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$--/sqft
$2,584 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,584/mo
Zestimate® history
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List your homeWhat's special
New kitchen cabinetsNew bedroom flooringStackable washer dryer units
Zillow last checked:
Listing updated:
Listed by:
Frederick Reed 505-730-8934,
ABQ Properties LLC,
Patricia B Paiz 505-363-5473,
ABQ Properties LLC
Bought with:
Maria Cristina Tena, 55054
EXP Realty LLC
Source: SWMLS,MLS#: 1072248
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 sqft
Details
- Parcel number: 101605642607840604
- 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 & neighborhood
Community
- Community features: Patio
Location
- Region: Albuquerque
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2025 | Sold | -- |
Source:  SWMLS #1072248 Report a problem | ||
| 3/18/2025 | Pending sale | $425,000$157/sqft |
Source: SWMLS #1072248 Report a problem | ||
| 10/10/2024 | Listed for sale | $425,000+6.5%$157/sqft |
Source: SWMLS #1072248 Report a problem | ||
| 9/30/2024 | Listing removed | $399,000$148/sqft |
Source: SWMLS #1064904 Report a problem | ||
| 6/11/2024 | Listed for sale | $399,000$148/sqft |
Source: SWMLS #1064904 Report a problem | ||
| 5/14/2021 | Sold | -- |
Source: SWMLS #219010_989366 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 | $46,120 |
| 2012 | -- | $46,120 |
| 2011 | -- | $46,120 |
| 2010 | -- | $46,120 -2.9% |
| 2009 | -- | $47,495 |
| 2008 | -- | $47,495 -26.9% |
| 2007 | -- | $64,994 +76% |
| 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 |
Find assessor info on the county website
Neighborhood: 87106
Nearby schools
GreatSchools rating
- 7/10Kirtland Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 3/10Wilson Middle SchoolGrades: 6-8Distance: 1.6 mi
- 3/10Albuquerque High SchoolGrades: 9-12Distance: 3 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87106
- 3421 Eastern Ave SE
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Nearby neighborhoods
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