This well-maintained triplex offers great potential with a projected 6.4% cap rate based on market rents. Two of the three units are currently vacant, providing flexibility for immediate leasing or light improvements. One unit is ideal for owner-occupancy, featuring its own private laundry and two bedrooms, while the other two one bedroom units share a separate laundry room. The property features durable brick construction and vinyl flooring , reducing long-term maintenance costs. Located just minutes from the airport and UNM, it's perfectly situated in a high-demand rental area known for strong occupancy rates and consistent tenant interest.
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Price Unknown
3428 Vail Ave SE, Albuquerque, NM 87106
3beds
2baths
2,200sqft
Triplex, Multi Family
Built in 1962
-- sqft lot
$-- Zestimate®
$--/sqft
$2,082 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,082/mo
Zestimate® history
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List your homeWhat's special
Vinyl flooringDurable brick constructionPrivate laundryTwo bedroomsSeparate laundry room
Zillow last checked:
Listing updated:
Listed by:
David M Stafford 505-750-3360,
360 Ventures Real Estate,
Melissa N Salazar 505-414-8005,
360 Ventures Real Estate
Bought with:
Elijah James Saiz, REC20231123
Oso Elite Realty
Source: SWMLS,MLS#: 1088590
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Wall Furnace
Cooling
- Evaporative Cooling
Appliances
- Included: Dryer, Dishwasher, Free-Standing Gas Range, Refrigerator, Range Hood, Washer
- Laundry: Washer Hookup, Dryer Hookup, In Unit
Features
- Flooring: Tile, Vinyl
- Has basement: No
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 101605643509240615
- Zoning description: R-MH*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Brick
Condition
- Resale
- New construction: No
- Year built: 1962
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Features: Laundry Facilities
Location
- Region: Albuquerque
Financial & listing details
- Tax assessed value: $242,977
- Annual tax amount: $3,317
- Date on market: 7/27/2025
- Cumulative days on market: 52 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2025 | Sold | -- |
Source:  SWMLS #1088590 Report a problem | ||
| 9/25/2025 | Pending sale | $315,000$143/sqft |
Source: SWMLS #1088590 Report a problem | ||
| 9/12/2025 | Price change | $315,000-3.1%$143/sqft |
Source: SWMLS #1088590 Report a problem | ||
| 8/29/2025 | Price change | $325,000-0.9%$148/sqft |
Source: SWMLS #1088590 Report a problem | ||
| 8/25/2025 | Price change | $328,000-3.5%$149/sqft |
Source: SWMLS #1088590 Report a problem | ||
| 8/14/2025 | Listed for sale | $340,000$155/sqft |
Source: SWMLS #1088590 Report a problem | ||
| 8/6/2025 | Pending sale | $340,000$155/sqft |
Source: SWMLS #1088590 Report a problem | ||
| 7/27/2025 | Listed for sale | $340,000+23.6%$155/sqft |
Source: SWMLS #1088590 Report a problem | ||
| 7/8/2022 | Sold | -- |
Source: SWMLS #1015779 Report a problem | ||
| 6/8/2022 | Pending sale | $275,000$125/sqft |
Source: SWMLS #1015779 Report a problem | ||
| 5/28/2022 | Listed for sale | $275,000$125/sqft |
Source: SWMLS #1015779 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,422 +3.2% | $80,984 +3% |
| 2024 | $3,317 -1.3% | $78,626 |
| 2023 | $3,360 +61.1% | $78,626 +60.4% |
| 2022 | $2,085 +3.5% | $49,029 +3% |
| 2021 | $2,015 +1.7% | $47,601 +3% |
| 2020 | $1,982 | $46,215 +3% |
| 2019 | -- | $44,869 |
| 2018 | $1,876 +1.1% | $44,869 +3% |
| 2017 | $1,856 -0.9% | $43,562 -1% |
| 2016 | $1,872 -95.7% | $43,996 |
| 2015 | $43,996 +2233.8% | $43,996 -0.9% |
| 2014 | $1,885 | $44,396 -1.3% |
| 2013 | $1,885 | $44,996 -4.9% |
| 2012 | -- | $47,329 |
| 2011 | -- | $47,329 +33.2% |
| 2010 | -- | $35,525 -14.5% |
| 2009 | -- | $41,556 +3% |
| 2008 | -- | $40,345 +3% |
| 2007 | -- | $39,171 +3% |
| 2006 | -- | $38,030 +2.3% |
| 2005 | -- | $37,163 +2.1% |
| 2004 | -- | $36,384 +3% |
| 2003 | -- | $35,324 +3% |
| 2002 | -- | $34,296 +3% |
| 2001 | -- | $33,297 +33.6% |
| 2000 | -- | $24,931 |
Find assessor info on the county website
Neighborhood: 87106
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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: 2.9 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87106
- 3428 Vail Ave SE
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