Can be sold with 1117 Girard SE for a total of 16 units.Located near Roosevelt Park, this eight-plex contains all 1 bedroom units are updated with solid surface flooring (no carpet) and unique, custom finishes in each apartment. Other recent upgrades include thermal windows, a new roof, and new exterior paint. Enjoy a smooth operating, quality core asset located in a 5 star, high demand neighborhood.With an average rent of $783, and at starting ask price of $687,483 the measures of investment performance include $85,935 per unit, $196 per square foot, a before reserves cap rates of 7.00%, and an after tax IRR of 18.80%.If rents are moved to market of $950, measure of investment performance improve to a cap 8.78%
Sold
Price Unknown
512 Ash St SE, Albuquerque, NM 87106
1beds
1baths
3,504sqft
Multi Family
Built in 1972
-- sqft lot
$-- Zestimate®
$--/sqft
$1,133 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,133/mo
Zestimate® history
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Solid surface flooringThermal windowsNew exterior paintNew roofCustom finishes
Zillow last checked:
Listing updated:
Listed by:
Todd D Clarke 505-440-8633,
NM Apartment Advisors, Inc.,
Kyle E Deacon 505-878-0100,
Deacon Property Services
Bought with:
Kyle E Deacon, 15579
Deacon Property Services
Source: SWMLS,MLS#: 1025613
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Refrigerator
Features
- Flooring: Vinyl
- Has basement: No
Interior area
- Total structure area: 3,504
- Total interior livable area: 3,504 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,969 sqft
Details
- Has additional parcels: Yes
- Parcel number: 101505750115040810
- Zoning description: R-ML*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1972
Utilities & green energy
- Electric: None
- Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & neighborhood
Location
- Region: Albuquerque
- Subdivision: Terrace Addition
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2023 | Sold | -- |
Source:  SWMLS #1025613 Report a problem | ||
| 9/19/2023 | Pending sale | $687,483$196/sqft |
Source: SWMLS #1025613 Report a problem | ||
| 8/26/2023 | Price change | $687,483-18.1%$196/sqft |
Source: SWMLS #1025613 Report a problem | ||
| 2/7/2023 | Listed for sale | $839,573$240/sqft |
Source: SWMLS #1025613 Report a problem | ||
| 1/12/2023 | Pending sale | $839,573$240/sqft |
Source: SWMLS #1025613 Report a problem | ||
| 11/10/2022 | Listed for sale | $839,573$240/sqft |
Source: SWMLS #1025613 Report a problem | ||
| 1/17/2018 | Listing removed | $500 |
Source: Deacon Property Services Report a problem | ||
| 1/6/2018 | Listed for rent | $500-9.1% |
Source: Deacon Property Services Report a problem | ||
| 10/25/2017 | Listing removed | $550 |
Source: Deacon Property Services Report a problem | ||
| 10/17/2017 | Listed for rent | $550 |
Source: Deacon Property Services Report a problem | ||
| 8/4/2017 | Listing removed | $550 |
Source: Deacon Property Services Report a problem | ||
| 7/21/2017 | Listed for rent | $550 |
Source: Deacon Property Services Report a problem | ||
| 4/20/2017 | Listing removed | $550 |
Source: Deacon Property Services Report a problem | ||
| 2/11/2017 | Listed for rent | $550 |
Source: Deacon Property Services Report a problem | ||
| 4/14/2016 | Listing removed | $550 |
Source: Deacon Property Services Report a problem | ||
| 3/2/2016 | Listed for rent | $550 |
Source: Deacon Property Services Report a problem | ||
| 1/16/2016 | Listing removed | $550 |
Source: Deacon Property Services Report a problem | ||
| 12/29/2015 | Listed for rent | $550 |
Source: Deacon Property Services Report a problem | ||
| 8/28/2015 | Listing removed | $550 |
Source: Deacon Property Services Report a problem | ||
| 8/8/2015 | Listed for rent | $550 |
Source: Deacon Property Services Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,659 +3.2% | $39,261 +3% |
| 2024 | $1,608 +1.7% | $38,117 +3% |
| 2023 | $1,581 +3.5% | $37,007 +3% |
| 2022 | $1,528 +0.5% | $35,929 |
| 2021 | $1,521 -1.3% | $35,929 |
| 2020 | $1,541 | $35,929 |
| 2019 | -- | $35,929 |
| 2018 | $1,522 +0% | $35,929 +0.6% |
| 2017 | $1,522 -0.6% | $35,729 -0.7% |
| 2016 | $1,531 -95.7% | $35,996 +0.8% |
| 2015 | $35,696 +2255% | $35,696 |
| 2014 | $1,516 | $35,696 -9.5% |
| 2013 | $1,516 | $39,445 |
| 2012 | -- | $39,445 |
| 2011 | -- | $39,445 |
| 2010 | -- | $39,445 -34.4% |
| 2009 | -- | $60,147 |
| 2008 | -- | $60,147 |
| 2007 | -- | $60,147 +3% |
| 2006 | -- | $58,396 +3% |
| 2005 | -- | $56,695 -3.1% |
| 2004 | -- | $58,527 +0.1% |
| 2003 | -- | $58,494 |
| 2002 | -- | $58,494 |
| 2001 | -- | $58,494 -1% |
| 2000 | -- | $59,094 |
Find assessor info on the county website
Neighborhood: Silver Hill
Nearby schools
GreatSchools rating
- 7/10Monte Vista Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 6/10Jefferson Middle SchoolGrades: 6-8Distance: 1.2 mi
- 3/10Albuquerque High SchoolGrades: 9-12Distance: 1.4 mi
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