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Sold
  • Price Unknown

    508 Tennessee St NE, Albuquerque, NM 87108

    8beds
    4baths
    3,200sqft
    Quadruplex, Multi Family
    Built in 1978
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    **SELLER FINANCING OPPORTUNITY AVAILABLE!** Property is being sold as-is, with no repairs to be made by seller **Excellent investment opportunity with this 4-unit multifamily property in Albuquerque! Each unit offers approximately **800 square feet with 2 bedrooms and 1 bathroom**, providing a total of **8 bedrooms and 4 bathrooms** across the property.Previously fully rented for the past several years, this property offers flexibility for the next owner. **Update and improve the units to maximize future rental potential, or prepare them for tenants with minimal turnaround.** The established multifamily configuration makes this a great opportunity for investors looking to add doors to their portfolio.This property is prime for renovation and ready for some TLC as it is being sold as-is condition. Whether you're looking to customize a home to fit your lifestyle, build equity through improvements, or take on your next investment project, there is plenty of potential here. An FHA/Conventional/VA 203(k) renovation loan may also be an option for qualified buyers, subject to lender, property, and program requirements. (Partner lender has program designed for this house as well as incentive to buyer!)With **seller financing available**, buyers may have additional flexibility when structuring their purchase. Whether you're looking for your next value-add project or a multifamily rental opportunity, 508 Tennessee St SE is ready for its next chapter!**Buyer to do own due diligence on sqft and condition as seller never lived at the property and rented it out through another company for length of ownership.

    Zillow last checked:

    Listing updated:

    Listed by:

    K2 Omni Group 505-750-2837,

    EXP Realty, LLC,

    Kristina Salcido 505-227-8742,

    EXP Realty, LLC

    Bought with:

    K2 Omni Group, 50525, 20817

    EXP Realty, LLC

    Kristina Salcido, 20817

    EXP Realty, LLC

    Source: SWMLS,MLS#: 1111950MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Central, Forced Air
    Cooling
    • Evaporative Cooling
    Appliances
    • Included: Refrigerator
    Features
    • Flooring: Tile
    Interior area
    • Total structure area: 3,200
    • Total interior livable area: 3,200 sqft

    Property

    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.3 Acres
    Details
    • Parcel number: 101905736035010335
    • Zoning description: R-ML*

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Frame, Stucco
    Condition
    • Resale
    • New construction: No
    • Year built: 1978

    Utilities & green energy

    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
    Green energy
    • Energy generation: None

    Community & HOA

    Community
    • Features: Storage Facilities
    • Security: Security Gate
    Location
    • Region: Albuquerque

    Financial & listing details

    • Tax assessed value: $149,567
    • Annual tax amount: $2,106
    • Date on market: 10/3/2026
    • Cumulative days on market: 1 day
    • Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
    • Total actual rent: 3400
    • Tenant pays: Other, See Remarks

    Price history

    DateEventPrice
    10/15/2026Sold--
    Source: SWMLS #1111950 Report a problem
    10/4/2026Pending sale$315,000$98/sqft
    Source: SWMLS #1111950 Report a problem
    10/3/2026Listed for sale$315,000+110.7%$98/sqft
    Source: SWMLS #1111950 Report a problem
    11/1/2012Listing removed$149,500$47/sqft
    Source: Coldwell Banker Legacy #737968 Report a problem
    10/18/2012Price change$149,500-6%$47/sqft
    Source: Coldwell Banker Legacy #737968 Report a problem
    7/12/2012Listed for sale$159,000$50/sqft
    Source: Coldwell Banker Legacy #737968 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,106 +3.2%$49,851 +3%
    2024$2,042 +1.7%$48,399 +3%
    2023$2,008 +107%$46,989 +3%
    2022$970 -48.3%$45,622 +3%
    2021$1,875 +1.7%$44,293 +3%
    2020$1,845 $43,003 +3%
    2019-- $41,750
    2018$1,582 -8.4%$41,750 +3%
    2017$1,727 +6.2%$40,535 +6.1%
    2016$1,626 -95.6%$38,209 +3%
    2015$37,096 +2225.7%$37,096 -1.2%
    2014$1,595 $37,562 -14.7%
    2013$1,595 $44,012 -18.7%
    2012-- $54,161
    2011-- $54,161
    2010-- $54,161 +8.1%
    2009-- $50,114 +3%
    2008-- $48,655 +3%
    2007-- $47,238 +3%
    2006-- $45,862 +21.8%
    2005-- $37,658 +3%
    2004-- $36,562 +3%
    2003-- $35,497
    2002-- $35,497 -16.1%
    2001-- $42,330 +46.3%
    2000-- $28,931
    Find assessor info on the county website

    Neighborhood: La Mesa

    Nearby schools

    GreatSchools rating