40 unit apartment complex in a prime North Valley location on 2.18 acres! Current appraisal at $5,105,000. Rare opportunity to own investment property in the charming and trending Los Griegos neighborhood. Property being sold as a complete package consisting of four tri-plex units and seven four plex units with a total of 26302 square feet. 21 2bd/1bth; 19 1bd/1bth. Long time property manager/maintenance can stay in place if desired. Immaculately maintained, inside and out. Community coin laundry room, refrigerated air, individually metered electric, 38 fenced patios, firewalls between all units, zoned R-ML. One unit is currently a management office and accounts for part of 5% vacancy. $374,640.00 annual rental income, $174,303.46 NOI, 4.3% cap rate with room to grow towards market!
Sold
Price Unknown
4320 Grande Ct NW, Albuquerque, NM 87107
9beds
6baths
26,302sqft
Multi Family
Built in 1965
-- sqft lot
$-- Zestimate®
$--/sqft
$1,916 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,916/mo
Zestimate® history
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List your homeWhat's special
Prime north valley locationCommunity coin laundry roomFenced patiosFirewalls between all unitsRefrigerated air
Zillow last checked:
Listing updated:
Listed by:
Lindsey Thomas 505-514-5009,
Coldwell Banker Legacy,
Nichole M. Bronstorp 505-209-1246,
Coldwell Banker Legacy
Bought with:
Jonathan M Ortiz, 44118
Southwest Elite Real Estate
Source: SWMLS,MLS#: 1081938
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
Heating
- Central, Forced Air
Cooling
- Refrigerated, Ceiling Fan(s)
Appliances
- Included: Free-Standing Electric Range, Disposal, Refrigerator
Features
- Ceiling Fan(s)
- Flooring: Carpet, Tile
- Has basement: No
Interior area
- Total structure area: 26,302
- Total interior livable area: 26,302 sqft
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Lighting, Patio
Lot
- Size: 2.18 Acres
Details
- Parcel number: 101406007946521849
- Zoning description: R-ML*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1965
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Features: Laundry Facilities, Patio
- Subdivision: El Dorado Apartments
Location
- Region: Albuquerque
Financial & listing details
- Tax assessed value: $181,320
- Annual tax amount: $2,831
- Date on market: 4/12/2025
- Cumulative days on market: 12 days
- Listing terms: Cash,Conventional
- Tenant pays: Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2025 | Sold | -- |
Source:  SWMLS #1081938 Report a problem | ||
| 4/25/2025 | Pending sale | $4,000,000$152/sqft |
Source: SWMLS #1081938 Report a problem | ||
| 4/12/2025 | Listed for sale | $4,000,000$152/sqft |
Source: SWMLS #1081938 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,920 +3.1% | $60,434 +3% |
| 2024 | $2,832 +1.9% | $58,673 +3% |
| 2023 | $2,780 +5.6% | $56,965 +3% |
| 2022 | $2,633 | $55,307 +3% |
| 2021 | -- | $53,696 +3% |
| 2020 | $2,500 | $52,132 +3% |
| 2019 | -- | $50,615 |
| 2018 | $2,115 -9.7% | $50,615 +3% |
| 2017 | $2,342 +7.3% | $49,140 +6.1% |
| 2016 | $2,184 -95.1% | $46,320 +3% |
| 2015 | $44,971 +2108.7% | $44,971 +3% |
| 2014 | $2,036 | $43,662 +3% |
| 2013 | $2,036 | $42,390 |
| 2012 | -- | $42,390 -4% |
| 2011 | -- | $44,160 |
| 2010 | -- | $44,160 +19.6% |
| 2009 | -- | $36,937 +3% |
| 2008 | -- | $35,861 +3% |
| 2007 | -- | $34,817 +3% |
| 2006 | -- | $33,804 +3% |
| 2005 | -- | $32,819 +3% |
| 2004 | -- | $31,864 |
| 2003 | -- | $31,864 +0% |
| 2002 | -- | $31,859 +3% |
| 2001 | -- | $30,931 -1.2% |
| 2000 | -- | $31,297 |
Find assessor info on the county website
Neighborhood: 87107
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Nearby schools
GreatSchools rating
- 6/10Douglas Macarthur Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 5/10Garfield Middle SchoolGrades: 6-8Distance: 0.8 mi
- 4/10Valley High SchoolGrades: 9-12Distance: 0.5 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87107
- 4320 Grande Ct NW
