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.
For sale
$675,000
635 Adams St NE, Albuquerque, NM 87110
5beds
3baths
1,980sqft
Triplex, Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$341/sqft
$-- HOA
What's special
- 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#: 1100981
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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
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Listed for sale | $675,000+13.4%$341/sqft |
Source: | ||
| 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: | ||
| 5/6/2022 | Pending sale | $595,000$301/sqft |
Source: | ||
| 4/22/2022 | Listed for sale | $595,000+205.1%$301/sqft |
Source: | ||
| 3/29/2021 | Sold | -- |
Source: | ||
| 3/12/2021 | Pending sale | $195,000$98/sqft |
Source: | ||
| 3/11/2021 | Listed for sale | $195,000$98/sqft |
Source: | ||
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 | -- | $33,297 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 6/10Zia Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 6/10Jefferson Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Albuquerque High SchoolGrades: 9-12Distance: 2.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New Mexico
- Bernalillo County
- Albuquerque
- 87110
- Pueblo Alto
- 635 Adams St NE







