Turn-key fourplex at 405 Dorado Court SE, offering a fantastic investment opportunity. Each of the four units is 2bd/1ba and has been fully rehabbed, featuring modern updates throughout. With a newer roof and HVAC, this property is low-maintenance and has great tenants with up to market rents. Located adjacent to the luxury Four Hills community and its country club, this property is also just minutes from Sprouts grocery store, a movie theater, and numerous new developments. Situated in a high-appreciating area, this fourplex is a great find for any investor seeking passive income with no stress.
Sold
Price Unknown
405 Dorado Ct SE, Albuquerque, NM 87123
4beds
2baths
--sqft
Quadruplex, Multi Family
Built in 1978
-- sqft lot
$-- Zestimate®
$--/sqft
$2,407 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,407/mo
Zestimate® history
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Newer roof
Zillow last checked:
Listing updated:
Listed by:
Trey W. Whaley 505-269-1824,
R1 Commercial
Bought with:
A. Peter Veres, 38918
RE/MAX SELECT
Source: SWMLS,MLS#: 1078666
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Microwave, Refrigerator
Features
- Flooring: Carpet, Laminate, Tile, Vinyl
- Has basement: No
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,276 Square Feet
Details
- Parcel number: 102205627327320430
- Zoning description: R-ML*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Stucco
Condition
- Resale
- New construction: No
- Year built: 1978
Utilities & green energy
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Features: Deck/Porch, Laundry Facilities
Location
- Region: Albuquerque
Financial & listing details
- Tax assessed value: $256,242
- Annual tax amount: $3,498
- Date on market: 2/21/2025
- Cumulative days on market: 3 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2025 | Sold | -- |
Source:  SWMLS #1078666 Report a problem | ||
| 2/24/2025 | Pending sale | $427,727 |
Source: SWMLS #1078666 Report a problem | ||
| 2/21/2025 | Listed for sale | $427,727-8.9% |
Source: SWMLS #1078666 Report a problem | ||
| 8/23/2024 | Listing removed | $469,509 |
Source: SWMLS #1057044 Report a problem | ||
| 3/23/2024 | Listed for sale | $469,509 |
Source: SWMLS #1057044 Report a problem | ||
| 3/9/2024 | Pending sale | $469,509 |
Source: SWMLS #1057044 Report a problem | ||
| 2/12/2024 | Listed for sale | $469,509+70.7% |
Source: SWMLS #1057044 Report a problem | ||
| 3/24/2021 | Sold | -- |
Source: SWMLS #983959 Report a problem | ||
| 1/16/2021 | Pending sale | $275,000 |
Source: SWMLS #983959 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,609 +3.2% | $85,406 +3% |
| 2024 | $3,498 +1.7% | $82,919 +3% |
| 2023 | $3,440 +3.5% | $80,504 +3% |
| 2022 | $3,324 +52.1% | $78,159 +51.4% |
| 2021 | $2,185 +1.7% | $51,613 +3% |
| 2020 | $2,149 | $50,110 +3% |
| 2019 | -- | $48,651 |
| 2018 | $1,844 -8.4% | $48,651 +3% |
| 2017 | $2,012 +6.2% | $47,234 +6.1% |
| 2016 | $1,894 -95.6% | $44,523 +3% |
| 2015 | $43,226 +2325.6% | $43,226 +3% |
| 2014 | $1,782 | $41,968 +3% |
| 2013 | $1,782 | $40,746 -35% |
| 2012 | -- | $62,720 |
| 2011 | -- | $62,720 |
| 2010 | -- | $62,720 +3% |
| 2009 | -- | $60,894 +0.1% |
| 2008 | -- | $60,827 |
| 2007 | -- | $60,827 0% |
| 2006 | -- | $60,828 +63.2% |
| 2005 | -- | $37,282 +3% |
| 2004 | -- | $36,196 -15.7% |
| 2003 | -- | $42,929 |
| 2002 | -- | $42,929 |
| 2001 | -- | $42,929 +26.8% |
| 2000 | -- | $33,863 |
Find assessor info on the county website
Neighborhood: Singing Arrow
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Nearby schools
GreatSchools rating
- 4/10Apache Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 2/10Van Buren Middle SchoolGrades: 6-8Distance: 3.4 mi
- 2/10Highland High SchoolGrades: 9-12Distance: 4.9 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87123
- Singing Arrow
- 405 Dorado Ct SE
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