On behalf of the Owner, Deacon Property Services and NM Apartment Advisors are excited to bring to market a unique, classic Ridgecrest 7-unit apartment complex with significant value add potential.All units are separately metered for gas and electric and have been partially updated over the years - some with more complete modern features and others more vintage. All units offer delightful spacious patio / front porch entries with a variety of quality features - like built-ins, hardwood floors, updated and open kitchens, spacious living areas, and great off-street parking options.The next owner can choose from an assortment of low-hanging value-add options for each unique apartment and the overall community to push rents to top market levels. Investors are encouraged to consider such a product with a collaboration with the Ventana Fund(see term sheet on page 5 of the flyer) for New Mexico's most competitive financing options for multi-family acquisitions and rehabilitation projects.This unique compound features two triplexes + a casita. Each triplex offers two spacious 1 bedroom apartments and one larger 2-bedroom apartment. The two bedrooms apartments each include a sizeable backyard and washer / Dryer in unit. The property also boasts an additional standalone / spacious 1 bedroom casita with a separate private yard. Located in an Excellent Ridgecrest location on a quiet block close to Nob Hill, Highland Pool, and great parks.
Pending
$764,977
4600 Zuni Rd SE, Albuquerque, NM 87108
3beds
2baths
4,200sqft
Multi Family
Built in 1958
-- sqft lot
$-- Zestimate®
$182/sqft
$-- HOA
What's special
Separate private yardUpdated and open kitchensGreat off-street parking optionsSizeable backyardHardwood floors
- 31 days
- 73
- 1
Zillow last checked:
Listing updated:
Listed by:
Kyle E Deacon 505-878-0100,
Deacon Property Services 505-878-0100,
Todd D Clarke 505-440-8633,
NM Apartment Advisors, Inc.
Source: SWMLS,MLS#: 1111038
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Wall Furnace
Cooling
- Evaporative Cooling, Ceiling Fan(s)
Appliances
- Included: Free-Standing Electric Range, Refrigerator
Features
- Ceiling Fan(s)
- Flooring: Carpet, Tile, Vinyl
Interior area
- Total structure area: 4,200
- Total interior livable area: 4,200 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Landscaping
Lot
- Size: 0.32 Acres
Details
- Parcel number: 101705630552212414
- Zoning description: R-MH*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1958
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: Parkland Hills Add
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $182/sqft
- Tax assessed value: $438,780
- Annual tax amount: $12,987
- Date on market: 9/15/2026
- Cumulative days on market: 32 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 7026
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
$1,921/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Pending sale | $764,977$182/sqft |
Source: | ||
| 9/16/2026 | Listed for sale | $764,977$182/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,179 +3.2% | $146,246 +3% |
| 2024 | $5,991 -1.3% | $141,986 |
| 2023 | $6,068 +56.3% | $141,986 +55.5% |
| 2022 | $3,883 +0.5% | $91,291 |
| 2021 | $3,865 -1.3% | $91,291 |
| 2020 | $3,916 | $91,291 +1% |
| 2019 | -- | $90,357 |
| 2018 | $3,751 +0.4% | $90,357 +3% |
| 2017 | $3,737 -0.1% | $87,725 -0.3% |
| 2016 | $3,742 -95.7% | $87,958 |
| 2015 | $87,958 +2255% | $87,958 |
| 2014 | $3,735 | $87,958 -12.3% |
| 2013 | $3,735 | $100,324 |
| 2012 | -- | $100,324 |
| 2011 | -- | $100,324 -0.7% |
| 2010 | -- | $101,024 +10.5% |
| 2009 | -- | $91,408 +3% |
| 2008 | -- | $88,745 +3% |
| 2007 | -- | $86,161 +3% |
| 2006 | -- | $83,652 +3% |
| 2005 | -- | $81,216 +3% |
| 2004 | -- | $78,851 +3% |
| 2003 | -- | $76,554 +3% |
| 2002 | -- | $74,324 -5.8% |
| 2001 | -- | $78,892 +97.1% |
| 2000 | -- | $40,029 |
Find assessor info on the county website
Monthly payment
Est. payment






