Located at 3611 Tyson NE, this fourplex has spacious two bedroom, one bathroom units with fireplaces and a common area laundryThis fourplex and the larger portfolio is offered at the value of recent appraisals and is an amazing opportunity to invest in a growing economy.At the ask price $570,000 and of based on the current average rents of $1,393 per month, the property's measures of investment performance include a 8.53 GRM, 6.84% cap rate before reserves, before tax IRR of 15.1% and an after-tax IRR of 12.9%. If rents were raised to market average of $1,500, and even with a potential twofold increase in property taxes in 2027-2028.
Sold
Price Unknown
3611 Tyson Pl NE, Albuquerque, NM 87107
2beds
1baths
3,416sqft
Quadruplex, Multi Family
Built in 1985
-- sqft lot
$-- Zestimate®
$--/sqft
$1,360 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,360/mo
Zestimate® history
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Common area laundry
Zillow last checked:
Listing updated:
Listed by:
Todd D Clarke 505-440-8633,
NM Apartment Advisors, Inc.
Bought with:
Cindy A Chavez, 20068
Realty One of New Mexico
Source: SWMLS,MLS#: 1096690
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Refrigerator
Features
- Flooring: Carpet, Tile
- Has basement: No
Interior area
- Total structure area: 3,416
- Total interior livable area: 3,416 sqft
Property
Parking
- Total spaces: 6
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,098 sqft
Details
- Parcel number: 101606048819141008
- Zoning description: R-ML*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1985
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & neighborhood
Location
- Region: Albuquerque
- Subdivision: Amended Plat Of Torr Addn
HOA & financial
Other financial information
- Total actual rent: 5572
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Sold | -- |
Source:  SWMLS #1096690 Report a problem | ||
| 2/4/2026 | Pending sale | $570,000$167/sqft |
Source: SWMLS #1096690 Report a problem | ||
| 1/13/2026 | Listed for sale | $570,000$167/sqft |
Source: SWMLS #1096690 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,208 +3.2% | $75,912 +3% |
| 2024 | $3,110 +1.7% | $73,702 +3% |
| 2023 | $3,058 +107% | $71,555 +3% |
| 2022 | $1,477 +3.5% | $69,471 +3% |
| 2021 | $1,428 -49.2% | $67,447 +3% |
| 2020 | $2,809 | $65,483 +3% |
| 2019 | -- | $63,577 |
| 2018 | $2,579 -1.9% | $63,577 +3% |
| 2017 | $2,629 +2.2% | $61,725 +2.1% |
| 2016 | $2,572 -95.7% | $60,460 |
| 2015 | $60,460 +2233.1% | $60,460 -0.9% |
| 2014 | $2,591 | $61,027 -31.4% |
| 2013 | $2,591 | $88,914 |
| 2012 | -- | $88,914 |
| 2011 | -- | $88,914 |
| 2010 | -- | $88,914 +3% |
| 2009 | -- | $86,324 |
| 2008 | -- | $86,324 |
| 2007 | -- | $86,324 +50.8% |
| 2006 | -- | $57,253 +3% |
| 2005 | -- | $55,586 +3% |
| 2004 | -- | $53,966 +3% |
| 2003 | -- | $52,395 |
| 2002 | -- | $52,395 |
| 2001 | -- | $52,395 +14.1% |
| 2000 | -- | $45,928 |
Find assessor info on the county website
Neighborhood: Alta Monte
Nearby schools
GreatSchools rating
- 4/10Montezuma Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 4/10Mc Kinley Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10Del Norte High SchoolGrades: 9-12Distance: 1.4 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87107
- Alta Monte
- 3611 Tyson Pl NE
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Albuquerque Topics
