Value-Add Duplex | 2 Bed-1 Bath Units |Assiignable Private Interest-Only Financing |A result of below-market lease rates, the asking price of $190,000 has tremendous upside potential. On a rent ($)/SqFt./Month basis, comparable 2 Bedroom-1 Bathroom units, which were leased between January and November 2023, indicate that Trumbull's lease rates are 33.33% below market. By the second to third year of new ownership, one can expect 35% gross rental income growth. Amenities: Washer and a dryer, private walled courtyards, and single-car garages.Utilities & Lease Structure: Each 2 Bedroom-1 Bathroom has individual electricity and natural gas meters, which are tenants responsibilities. The owner only pays water, sewer, and refuse utility expenses.
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Price Unknown
5203 Trumbull Ave SE, Albuquerque, NM 87108
2beds
1baths
1,550sqft
Duplex, Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$--/sqft
$1,080 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,080/mo
Zestimate® history
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List your homeWhat's special
Single-car garagesPrivate walled courtyardsNatural gas meters
Zillow last checked:
Listing updated:
Listed by:
Sarah Raboff 505-690-3232,
NAI SunVista Commercial RE
Bought with:
Kiki Salcido, REC20220834
EXP Realty, LLC
Source: SWMLS,MLS#: 1055507
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Floor Furnace
Cooling
- Evaporative Cooling
Appliances
- Included: Dryer, Free-Standing Gas Range, Range Hood, Washer
- Laundry: Washer Hookup, Dryer Hookup, In Unit
Features
- Flooring: Tile, Vinyl
- Has basement: No
Interior area
- Total structure area: 1,550
- Total interior livable area: 1,550 sqft
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 8,276 sqft
Details
- Parcel number: 101805610840422001
- Zoning description: R-T*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1950
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & neighborhood
Community
- Community features: Storage Facilities
Location
- Region: Albuquerque
Other
Other facts
- Listing terms: Cash,Conventional,FHA,Owner May Carry,Other,See Remarks
Price history
| Date | Event | Price |
|---|---|---|
| 2/16/2024 | Sold | -- |
Source:  SWMLS #1055507 Report a problem | ||
| 1/22/2024 | Pending sale | $190,000$123/sqft |
Source: SWMLS #1055507 Report a problem | ||
| 1/15/2024 | Listed for sale | $190,000+11.8%$123/sqft |
Source: SWMLS #1055507 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/22/2016 | Sold | -- |
Source: Public Record Report a problem | ||
| 5/20/2016 | Listed for sale | $169,900$110/sqft |
Source: Owner Report a problem | ||
| 4/27/2016 | Pending sale | $169,900$110/sqft |
Source: Owner Report a problem | ||
| 4/3/2016 | Listed for sale | $169,900-10.5%$110/sqft |
Source: Owner Report a problem | ||
| 10/1/2015 | Listing removed | $189,900$123/sqft |
Source: Owner Report a problem | ||
| 9/27/2015 | Listed for sale | $189,900$123/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,676 +28.1% | $63,327 +27.9% |
| 2024 | $2,088 -1.3% | $49,495 |
| 2023 | $2,115 -63.6% | $49,495 |
| 2022 | $5,811 +76.3% | $49,495 |
| 2021 | $3,295 +55.2% | $49,495 |
| 2020 | $2,123 | $49,495 |
| 2019 | -- | $49,495 |
| 2018 | $1,326 -37.1% | $49,495 |
| 2017 | $2,108 +59.4% | $49,495 +59.2% |
| 2016 | $1,323 -95.7% | $31,097 |
| 2015 | $31,097 +2255% | $31,097 |
| 2014 | $1,320 | $31,097 -9.2% |
| 2013 | $1,320 | $34,230 |
| 2012 | -- | $34,230 |
| 2011 | -- | $34,230 -19.3% |
| 2010 | -- | $42,429 +28.8% |
| 2009 | -- | $32,951 +3% |
| 2008 | -- | $31,992 +3% |
| 2007 | -- | $31,061 +3% |
| 2006 | -- | $30,156 +3% |
| 2005 | -- | $29,277 |
| 2004 | -- | $29,277 0% |
| 2003 | -- | $29,278 +3% |
| 2002 | -- | $28,426 +3% |
| 2001 | -- | $27,598 -1.4% |
| 2000 | -- | $27,998 |
Find assessor info on the county website
Neighborhood: South San Pedro
Nearby schools
GreatSchools rating
- 4/10Whittier Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Wilson Middle SchoolGrades: 6-8Distance: 0.5 mi
- 2/10Highland High SchoolGrades: 9-12Distance: 0.6 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87108
- South San Pedro
- 5203 Trumbull Ave SE
Nearby cities
Nearby neighborhoods
Nearby zip codes
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