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For sale
  • $675,000

    635 Adams St NE, Albuquerque, NM 87110

    5beds
    3baths
    1,980sqft
    : 
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    Triplex, Multi Family
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $341/sqft
    $-- HOA

    What's special

    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.
    95 days
    |
    374
    |
    17
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Katey T Oueis 505-974-9701,

    Berkshire Hathaway Home Svc NM 505-994-8585

    Source: SWMLS,MLS#: 1100981MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      Heating
      • Central, Forced Air
      Cooling
      • Refrigerated, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Free-Standing Gas Range
      • Laundry: Washer Hookup, Dryer Hookup, In Unit
      Features
      • Ceiling Fan(s)
      • Flooring: Laminate
      Interior area
      • Total structure area: 1,980
      • Total interior livable area: 1,980 sqft

      Property

      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 6,969 Square Feet
      Details
      • Parcel number: 101705828904240107
      • Zoning description: R-ML*

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex, Multi Family
      Materials
      • Frame, Stucco
      Condition
      • Resale
      • New construction: No
      • Year built: 1950

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Ft New Year Add
      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: 4/2/2026
      • Cumulative days on market: 95 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Total actual rent: 4420
      • Tenant pays: Electricity, Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,812/mo

        Price history

        DateEventPrice
        4/2/2026Listed for sale$675,000+13.4%$341/sqft
        Source: SWMLS #1100981 Report a problem
        8/15/2025Listing removed$2,100$1/sqft
        Source: Zillow Rentals Report a problem
        7/30/2025Listed for rent$2,100+5%$1/sqft
        Source: Zillow Rentals Report a problem
        4/24/2024Listing removed--
        Source: Zillow Rentals Report a problem
        4/19/2024Price change$2,000-4.5%$1/sqft
        Source: Zillow Rentals Report a problem
        4/9/2024Price change$2,095-2.6%$1/sqft
        Source: Zillow Rentals Report a problem
        3/14/2024Listed for rent$2,150-5.5%$1/sqft
        Source: Zillow Rentals Report a problem
        3/5/2024Listing removed--
        Source: Zillow Rentals Report a problem
        2/26/2024Listed for rent$2,275$1/sqft
        Source: Zillow Rentals Report a problem
        2/19/2024Listing removed--
        Source: Zillow Rentals Report a problem
        2/8/2024Price change$2,275-1.1%$1/sqft
        Source: Zillow Rentals Report a problem
        1/26/2024Price change$2,300-2.1%$1/sqft
        Source: Zillow Rentals Report a problem
        1/18/2024Price change$2,350-1.9%$1/sqft
        Source: Zillow Rentals Report a problem
        1/12/2024Price change$2,395-0.2%$1/sqft
        Source: Zillow Rentals Report a problem
        1/4/2024Listed for rent$2,400$1/sqft
        Source: Zillow Rentals Report a problem
        6/15/2022Sold--
        Source: SWMLS #1013135 Report a problem
        5/6/2022Pending sale$595,000$301/sqft
        Source: SWMLS #1013145 Report a problem
        4/22/2022Listed for sale$595,000+205.1%$301/sqft
        Source: SWMLS #1013135 Report a problem
        3/29/2021Sold--
        Source: SWMLS #987258 Report a problem
        3/12/2021Pending sale$195,000$98/sqft
        Source: SWMLS #987258 Report a problem
        3/11/2021Listed for sale$195,000$98/sqft
        Source: SWMLS #987258 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Pueblo Alto

        Getting around

        81 / 100
        Very Walkable
        39 / 100
        Some Transit
        85 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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