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For sale
  • $760,000

    622 Jefferson St NE, Albuquerque, NM 87110

    8beds
    5baths
    3,116sqft
    : 
    $5,060/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 1951
    -- sqft lot
    $749,700 Zestimate®
    $244/sqft
    $-- HOA

    What's special

    4Plex!! A super rare opportunity in the heart of Albuquerque's Near Heights, desirable neighborhood, a fully renovated fourplex that's nothing short of spectacular!At its core is the main home in every sense: 3 bedrooms, 2 baths and more than 1,200 square feet of beautifully finished space, opening to a courtyard shaded by a mature tree, wrapped in warm cedar fencing for those Duke City evenings. Three additional units join it on the same property, each unit fully renovated top to bottom. Nothing here was left half-finished, no deferred maintenance, no projects waiting, nothing to do, truly a turn the key setup.Two of the units are fully furnished and have been operated successfully as short-term rentals (AirBnB), giving this property a flexibility others do not have. Either continue that concept of STR or change to MTR (mid-term) concept. The travel nurse market is abundant, especially with University of NM Hospital just down the street. Or simply convert the entire property into traditional long-term leases. Here's an idea, live in one of the units and let the other three units help carry the mortgage, or lastly lease all four and let it work entirely on its own! Either way you are minutes from Nob Hill's restaurants and shops, Uptown's retail and offices, and immediate access to I-40, an established tree-lined pocket of the city that puts the whole metro within a short drive and keeps the hospitals, the university and the national labs close at hand. A great opportunity for a 1031 Exchange, a turn-key Income-producing property from the start and genuinely 'move-in' ready. A true home, income handshake and a location like this rarely arrive in one package! See attached PDF Offer Memorandum for many more specific details.
    6 days
    341
    27

    Zillow last checked:

    Listing updated:

    Listed by:

    Steven A Grant 505-238-0308,

    Keller Williams Realty 505-271-8200

    Source: SWMLS,MLS#: 1110082MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 5
      Heating
      • Ductless
      Cooling
      • Ductless, Evaporative Cooling
      Appliances
      • Included: Free-Standing Gas Range, Refrigerator
      • Laundry: Washer Hookup, Dryer Hookup, In Unit
      Features
      • Flooring: Carpet, Laminate, Vinyl
      Interior area
      • Total structure area: 3,116
      • Total interior livable area: 3,116 sqft

      Property

      Parking
      • Total spaces: 6
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 6,969 Square Feet
      Details
      • Has additional parcels: Yes
      • Parcel number: 101705834106340311
      • Zoning description: R-ML*

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Stucco
      Condition
      • Resale
      • New construction: No
      • Year built: 1951

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Year Addn Brooms Subd
      Location
      • Region: Albuquerque

      Financial & listing details

      • Price per square foot: $244/sqft
      • Tax assessed value: $501,700
      • Annual tax amount: $7,713
      • Date on market: 8/29/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Total actual rent: 8550
      • Tenant pays: None

        Estimated market value

        $749,700

        $712,000 - $787,000

        $2,079/mo

        Price history

        DateEventPrice
        8/29/2026Listed for sale$760,000+204%$244/sqft
        Source: SWMLS #1110082 Report a problem
        11/10/2021Sold--
        Source: Agent Provided Report a problem
        8/19/2021Pending sale$250,000$80/sqft
        Source: SWMLS #995913 Report a problem
        8/10/2021Listed for sale$250,000$80/sqft
        Source: SWMLS #995916 Report a problem
        7/24/2021Pending sale$250,000$80/sqft
        Source: SWMLS #995913 Report a problem
        7/6/2021Listed for sale$250,000$80/sqft
        Source: SWMLS #995913 Report a problem
        7/11/2020Listing removed$1,200
        Source: AMMRE Real Estate, Inc. Report a problem
        6/12/2020Listed for rent$1,200
        Source: AMMRE Real Estate, Inc. Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,714 +53.9%$167,217 +40.8%
        2024$5,012 +1.7%$118,781 +3%
        2023$4,928 +0.5%$115,321
        2022$4,905 +130.4%$115,321 +129.3%
        2021$2,129 +1.7%$50,291 +3%
        2020$2,094 $48,827 +3%
        2019-- $47,405
        2018$1,796 -8.4%$47,405 +3%
        2017$1,961 +6.2%$46,025 +6.1%
        2016$1,846 -95.6%$43,383 +3%
        2015$42,120 +2325.7%$42,120 +3%
        2014$1,736 $40,893 +3%
        2013$1,736 $39,702 -25.9%
        2012-- $53,554
        2011-- $53,554
        2010-- $53,554 -11.1%
        2009-- $60,252 +3%
        2008-- $58,498 +3%
        2007-- $56,794 +3%
        2006-- $55,141 +3%
        2005-- $53,534 +3%
        2004-- $51,975 +3%
        2003-- $50,462
        2002-- $50,462 +2.9%
        2001-- $49,061 +62.3%
        2000-- $30,231
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Pueblo Alto

        Getting around

        80 / 100
        Very Walkable
        36 / 100
        Some Transit
        85 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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