Turnkey triplex in prime UNM area near Nob Hill with strong in-place income of $4,420/month. Thoughtfully updated property includes one spacious 3 bed/1 bath unit, a second efficiently designed 2 bed/1 bath unit, and a studio with 3/4 bath--ideal for students and professionals. Perfect opportunity for an owner-occupant to live in one unit while generating steady rental income from the others. Well maintained with modern updates. Located in a high-demand rental area close to UNM, shopping, dining, and transit. Excellent option for both investors and house hackers seeking immediate cash flow.
Pending
$675,000
635 Adams St NE, Albuquerque, NM 87110
5beds
3baths
1,980sqft
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$341/sqft
$-- HOA
What's special
- 155 days
- 107
- 2
Zillow last checked:
Listed by:
New Mexico Properties 505-994-8585
Source: BHHS broker feed,MLS#: 1100981
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air
Appliances
- Included: Dishwasher
Features
- Cable Ready
- Has basement: No
Interior area
- Total structure area: 1,980
- Total interior livable area: 1,980 sqft
Property
Details
- Parcel number: 101705828904240107
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1950
Community & HOA
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $341/sqft
- Tax assessed value: $486,422
- Annual tax amount: $6,850
- Date on market: 4/3/2026
- Lease term: Contact For Details
Estimated market value
Not available
Estimated sales range
Not available
$3,048/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Sold | -- |
Source:  SWMLS #1100981 Report a problem | ||
| 8/11/2026 | Pending sale | $675,000$341/sqft |
Source: SWMLS #1100981 Report a problem | ||
| 4/2/2026 | Listed for sale | $675,000+13.4%$341/sqft |
Source: SWMLS #1100981 Report a problem | ||
| 8/15/2025 | Listing removed | $2,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/30/2025 | Listed for rent | $2,100+5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/24/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/19/2024 | Price change | $2,000-4.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/9/2024 | Price change | $2,095-2.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/14/2024 | Listed for rent | $2,150-5.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/5/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/26/2024 | Listed for rent | $2,275$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/19/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/8/2024 | Price change | $2,275-1.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/26/2024 | Price change | $2,300-2.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/18/2024 | Price change | $2,350-1.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/12/2024 | Price change | $2,395-0.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/4/2024 | Listed for rent | $2,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/15/2022 | Sold | -- |
Source: SWMLS #1013135 Report a problem | ||
| 5/6/2022 | Pending sale | $595,000$301/sqft |
Source: SWMLS #1013145 Report a problem | ||
| 4/22/2022 | Price change | $595,000+205.1%$301/sqft |
Source: SWMLS #1013135 Report a problem | ||
| 3/12/2021 | Pending sale | $195,000$98/sqft |
Source: SWMLS #987258 Report a problem | ||
| 3/11/2021 | Listed for sale | $195,000$98/sqft |
Source: SWMLS #987258 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,850 +3.2% | $162,125 +3% |
| 2024 | $6,641 +1.7% | $157,402 +3% |
| 2023 | $6,530 +245.6% | $152,818 +72% |
| 2022 | $1,890 +51.5% | $88,857 +50.8% |
| 2021 | $1,248 -49.2% | $58,933 +3% |
| 2020 | $2,454 | $57,216 +3% |
| 2019 | -- | $55,551 |
| 2018 | $2,105 -8.4% | $55,551 +3% |
| 2017 | $2,297 +6.2% | $53,933 +6.1% |
| 2016 | $2,163 -95.6% | $50,838 +3% |
| 2015 | $49,357 +2325.6% | $49,357 +3% |
| 2014 | $2,035 | $47,919 +3% |
| 2013 | $2,035 | $46,524 |
| 2012 | -- | $46,524 |
| 2011 | -- | $46,524 |
| 2010 | -- | $46,524 +3% |
| 2009 | -- | $45,170 +3% |
| 2008 | -- | $43,854 +3% |
| 2007 | -- | $42,577 +3% |
| 2006 | -- | $41,337 +3% |
| 2005 | -- | $40,133 +3% |
| 2004 | -- | $38,964 +3% |
| 2003 | -- | $37,830 +1.9% |
| 2002 | -- | $37,130 +3% |
| 2001 | -- | $36,063 +8.3% |
| 2000 | -- | $33,297 |
Find assessor info on the county website
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Neighborhood: Pueblo Alto
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