Pending

$600,000

415 Vassar Dr SE, Albuquerque, NM 87106

6beds

5baths

2,940sqft

$4,281/mo

Get pre-qualified

Multi Family

Built in 1976

-- sqft lot

$-- Zestimate^®

$204/sqft

$-- HOA

What's special

Gated multi-family propertyFour detached garagesShared on-site laundry facilityWood and tile floors

Excellent investment opportunity near UNM! This gated multi-family property features five rental units, including four 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. Wood and tile floors, no carpet. Amenities include four detached garages and a shared on-site laundry facility, adding convenience and additional value for tenants. Located just minutes from the University of New Mexico, hospitals, shopping, dining, and major commuter routes, this property offers strong rental appeal in a highly desirable area. Whether you're looking to expand your portfolio or invest in Albuquerque's thriving rental market, this income-producing property is one you certainly want to see!

79 days
26
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 5

Heating

Wall Furnace

Cooling

Window Unit(s), Ceiling Fan(s)

Appliances

Included: Dryer, Free-Standing Gas Range, Refrigerator, Washer

Features

Ceiling Fan(s)
Flooring: Carpet Free, Tile, Wood

Interior area

Total structure area: 2,940
Total interior livable area: 2,940 sqft

Property

Features

Levels: Two
Stories: 2
Exterior features: Landscaping

Lot

Size: 6,969 Square Feet

Details

Parcel number: 101605721005731005
Zoning description: R-T*

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame

Condition

Resale
New construction: No
Year built: 1976

Utilities & green energy

Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Green energy

Energy generation: None

Community & HOA

Community

Features: Deck/Porch, Laundry Facilities
Security: Security Gate
Subdivision: University Hts Add

Location

Region: Albuquerque

Financial & listing details

Price per square foot: $204/sqft
Tax assessed value: $201,571
Annual tax amount: $1,592
Date on market: 7/20/2026
Cumulative days on market: 78 days
Listing terms: Cash,Conventional,FHA,VA Loan
Total actual rent: 9
Tenant pays: Other, See Remarks

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/21/2026	Pending sale	$600,000$204/sqft
Source: SWMLS #1107566 Report a problem
7/20/2026	Listed for sale	$600,000$204/sqft
Source: SWMLS #1107566 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,839 +3.2%	$67,184 +3%
2024	$2,752 -1.3%	$65,227
2023	$2,787 +133.3%	$65,227 -30.1%
2022	$1,195 -0.3%	$93,335 0%
2021	$1,198 -49.6%	$93,336 +3%
2020	$2,378	$90,617 +3%
2019	--	$87,979
2018	$2,045 -8.2%	$87,979 +3%
2017	$2,228 +6.5%	$85,416 +6.1%
2016	$2,092 -97.3%	$80,514 +3%
2015	$78,169 +4702%	$78,169 +3%
2014	$1,628	$75,892 +1.3%
2013	$1,628	$74,923 -34.7%
2012	--	$114,755
2011	--	$114,755
2010	--	$114,755 +72.4%
2009	--	$66,569 +3%
2008	--	$64,630 +3%
2007	--	$62,748 +3%
2006	--	$60,920 +3%
2005	--	$59,147 +3%
2004	--	$57,424 +3%
2003	--	$55,752 +3%
2002	--	$54,128 +2.8%
2001	--	$52,661 +64.8%
2000	--	$31,963