Charming tri-plex located in the heart of Nob-Hill. Unit A & B are attached in the front building, with original wood floors, while Unit 1/2 is fully detached. All units have separate, beautifully landscaped yards, for private enjoyment.It is important to note that the current rental rates are below market value, as the owner extends a unique benefit to tenants by including gas, electricity, and water in the lease agreements. This inclusion of utilities not only enhances the appeal of the rental units but also positions the property for a significant value-add opportunity.
Sold
Price Unknown
422 Vassar Dr SE, Albuquerque, NM 87106
5beds
3baths
--sqft
Triplex, Multi Family
Built in 1932
-- sqft lot
$-- Zestimate®
$--/sqft
$2,399 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,399/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jessica G Schroeder 702-375-1739,
Albuquerque Property Mgmt,
Clayton J Azar 505-480-9777,
Albuquerque Property Mgmt
Bought with:
Carmel I. Lepore, REC20220656
Realty One Group Concierge
Source: SWMLS,MLS#: 1071778
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Floor Furnace, Wall Furnace
Cooling
- Evaporative Cooling
Appliances
- Included: Free-Standing Gas Range
Features
- Flooring: Wood
- Basement: Unfinished
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 101605723204231123
- Zoning description: R-1A*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Stucco
Condition
- Resale
- New construction: No
- Year built: 1932
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Location
- Region: Albuquerque
Financial & listing details
- Tax assessed value: $347,986
- Annual tax amount: $4,671
- Date on market: 10/2/2024
- Cumulative days on market: 106 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Tenant pays: None
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2025 | Sold | -- |
Source:  SWMLS #1071778 Report a problem | ||
| 2/24/2025 | Pending sale | $455,000 |
Source: SWMLS #1071778 Report a problem | ||
| 1/16/2025 | Price change | $455,000+3.4% |
Source: SWMLS #1071778 Report a problem | ||
| 1/13/2025 | Listed for sale | $440,000 |
Source: SWMLS #1071778 Report a problem | ||
| 12/11/2024 | Pending sale | $440,000 |
Source: SWMLS #1071778 Report a problem | ||
| 10/3/2024 | Listed for sale | $440,000 |
Source: SWMLS #1071778 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,901 +3.2% | $115,984 +3% |
| 2024 | $4,751 +1.7% | $112,606 +3% |
| 2023 | $4,672 +107% | $109,326 +3% |
| 2022 | $2,257 -48.3% | $106,142 +3% |
| 2021 | $4,363 +1.7% | $103,051 +3% |
| 2020 | $4,292 | $100,050 +3% |
| 2019 | -- | $97,137 |
| 2018 | $3,681 -8.4% | $97,137 +3% |
| 2017 | $4,017 +6.2% | $94,307 +6.1% |
| 2016 | $3,782 -95.6% | $88,895 +3% |
| 2015 | $86,305 +2325.6% | $86,305 +3% |
| 2014 | $3,558 | $83,792 |
| 2013 | $3,558 | $83,792 -6.2% |
| 2012 | -- | $89,358 -5.4% |
| 2011 | -- | $94,424 +1.3% |
| 2010 | -- | $93,191 +0.2% |
| 2009 | -- | $93,032 +3% |
| 2008 | -- | $90,322 +3% |
| 2007 | -- | $87,691 +97.9% |
| 2006 | -- | $44,306 +3% |
| 2005 | -- | $43,016 +3% |
| 2004 | -- | $41,763 +3% |
| 2003 | -- | $40,547 +3% |
| 2002 | -- | $39,365 -30.4% |
| 2001 | -- | $56,594 +48.2% |
| 2000 | -- | $38,196 |
Find assessor info on the county website
Neighborhood: University Hts
Nearby homes
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- $257,5002 bd2 ba850 sqft424 Vassar Dr SE APT 1, Albuquerque, NM 87106Off Market
- $257,5002 bd2 ba850 sqft424 Vassar Dr SE APT 2, Albuquerque, NM 87106Off Market
Nearby schools
GreatSchools rating
- 9/10Bandelier Elementary SchoolGrades: K-5Distance: 0.5 mi
- 3/10Wilson Middle SchoolGrades: 6-8Distance: 2.1 mi
- 3/10Albuquerque High SchoolGrades: 9-12Distance: 2 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87106
- University Hts
- 422 Vassar Dr SE
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