Cash-flowing investment with serious upside potential! This income-producing 4-plex could be exactly what you've been waiting for. Situated in a desirable and rapidly appreciating neighborhood, this 4-unit multifamily is close to transit, shopping, schools, and employment hubs making it highly attractive to renters.Steady Income + Value Add Opportunity Each unit is currently rented with consistent income, but here's where it gets exciting: rents below market value so there's immediate potential to raise rents and dramatically increase ROI. 4 fully occupied units (2 bed/1bath each) Long-term tenants with solid rental history Separate utilities for easy management and washer an dryer hook ups in each unit. On-site parking
Sold
Price Unknown
417 Georgia St SE, Albuquerque, NM 87108
4beds
2baths
--sqft
Quadruplex, Multi Family
Built in 1979
-- sqft lot
$-- Zestimate®
$--/sqft
$1,909 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,909/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
J. Vance Kabella 505-315-5797,
Coldwell Banker Legacy,
Stacy A. Ross 505-573-1448,
Coldwell Banker Legacy
Bought with:
Elizabeth Alejandra Vega-Vargas, REC20230001
Re/Max Exclusive
Source: SWMLS,MLS#: 1089156
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Free-Standing Electric Range, Refrigerator
- Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Unit
Features
- Flooring: Carpet, Vinyl
- Has basement: No
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,969 sqft
Details
- Has additional parcels: Yes
- Parcel number: 101805641750712808
- Zoning description: R-ML*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Frame
Condition
- Resale
- New construction: No
- Year built: 1979
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected
Green energy
- Energy generation: None
Community & neighborhood
Location
- Region: Albuquerque
- Subdivision: NA
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2025 | Sold | -- |
Source:  SWMLS #1089156 Report a problem | ||
| 8/14/2025 | Pending sale | $360,000 |
Source: SWMLS #1089156 Report a problem | ||
| 8/6/2025 | Listed for sale | $360,000+89.6% |
Source: SWMLS #1089156 Report a problem | ||
| 6/27/2017 | Sold | -- |
Source: SWMLS #888323 Report a problem | ||
| 5/17/2017 | Pending sale | $189,900 |
Source: ABQ Properties LLC #888323 Report a problem | ||
| 4/4/2017 | Listing removed | $575 |
Source: Owner Report a problem | ||
| 4/1/2017 | Listed for rent | $575 |
Source: Owner Report a problem | ||
| 2/7/2017 | Price change | $189,900-2.6% |
Source: ABQ Properties LLC #879394 Report a problem | ||
| 11/14/2016 | Listed for sale | $195,000+44.4% |
Source: ABQ Properties LLC #879394 Report a problem | ||
| 8/7/2016 | Listing removed | $575+4.5% |
Source: Owner Report a problem | ||
| 12/9/2015 | Listing removed | $550 |
Source: Owner Report a problem | ||
| 11/16/2015 | Listed for rent | $550 |
Source: Owner Report a problem | ||
| 7/14/2015 | Listing removed | $550 |
Source: Owner Report a problem | ||
| 6/1/2015 | Listed for rent | $550-4.3% |
Source: Owner Report a problem | ||
| 3/5/2015 | Listing removed | $575 |
Source: Owner Report a problem | ||
| 2/23/2015 | Listed for rent | $575+4.5% |
Source: Owner Report a problem | ||
| 10/20/2014 | Listing removed | $550 |
Source: Owner Report a problem | ||
| 9/3/2014 | Listed for rent | $550 |
Source: Owner Report a problem | ||
| 7/12/2014 | Listing removed | $550 |
Source: Owner Report a problem | ||
| 6/20/2014 | Listed for rent | $550 |
Source: Owner Report a problem | ||
| 8/1/2012 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 7/19/2011 | Price change | $135,000-12.9% |
Source: Equity New Mexico #715045 Report a problem | ||
| 1/23/2011 | Listed for sale | $155,000-22.5% |
Source: Equity New Mexico #693949 Report a problem | ||
| 11/6/2010 | Listing removed | $200,000 |
Source: Realty One of New Mexico #693949 Report a problem | ||
| 9/30/2010 | Listed for sale | $200,000 |
Source: Realty One of New Mexico #693949 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,823 +3.2% | $66,804 +3% |
| 2024 | $2,736 +1.7% | $64,859 +3% |
| 2023 | $2,691 +3.5% | $62,971 +3% |
| 2022 | $2,600 +3.5% | $61,137 +3% |
| 2021 | $2,513 +1.7% | $59,357 +3% |
| 2020 | $2,472 | $57,628 -1% |
| 2019 | -- | $58,194 |
| 2018 | $1,433 -41% | $58,194 +2.2% |
| 2017 | $2,427 +64.8% | $56,965 +64.6% |
| 2016 | $1,472 -95.6% | $34,599 +3% |
| 2015 | $33,591 +2325.5% | $33,591 +3% |
| 2014 | $1,385 | $32,614 +3% |
| 2013 | $1,385 | $31,664 -51.7% |
| 2012 | -- | $65,527 |
| 2011 | -- | $65,527 |
| 2010 | -- | $65,527 +26.7% |
| 2009 | -- | $51,736 +3% |
| 2008 | -- | $50,230 +3% |
| 2007 | -- | $48,767 +3% |
| 2006 | -- | $47,347 +3% |
| 2005 | -- | $45,968 |
| 2004 | -- | $45,968 |
| 2003 | -- | $45,968 +3% |
| 2002 | -- | $44,629 +3% |
| 2001 | -- | $43,329 +19.5% |
| 2000 | -- | $36,263 |
Find assessor info on the county website
Neighborhood: South San Pedro
Nearby schools
GreatSchools rating
- 5/10Emerson Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 2/10Van Buren Middle SchoolGrades: 6-8Distance: 0.5 mi
- 2/10Highland High SchoolGrades: 9-12Distance: 1.1 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87108
- South San Pedro
- 417 Georgia St SE
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Albuquerque Topics
