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    • Price Unknown

    8101 Marble Ave NE, Albuquerque, NM 87110

    3beds
    2baths
    11,169sqft
    Multi Family
    Built in 1977
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $1,885 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,885/mo

    Zestimate® history
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    What's special

    Cap Rate: 6.08%;Year 2-3 Pro Forma Cap Rate: 8.60%;GRM: 9.97;Year 2-3 Pro Forma GRM: 8.39;Year 2-3 Projected Cash-on-Cash Return: 9.32% to 16.91% *65 LTV 7.15% Fixed Loan & 80 LTV Affordable 4.85% Loan, respectively.Building Age: 1977.Property Highlights: Marble's Renovated Units Lease 31.12% Higher than those Not Renovated. Projected Year 2-3 Gross Income Growth: 18.96%. Substantial Capital Improvements 2018-2023. Excellent Unit Mix: 50% 1 BR-1 BA, 50% 2 BR-1 BA. Situated in a Well-Maintained Office Corridor. Projected Year 5 Value Appreciation @ 6.5% Cap Rate: 37.63%. Decommissioned Shared-Laundry Facility. In-Place Utility Reimbursement (RUBS).

    Zillow last checked:

    Listing updated:

    Listed by:

    Sarah Raboff 505-690-3232,

    NAI SunVista Commercial RE

    Bought with:

    Timothy R Luten, 2469

    Sperry Van Ness/WACB, Inc.

    Source: SWMLS,MLS#: 1044190MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Floor Furnace
    Cooling
    • Evaporative Cooling
    Appliances
    • Included: Refrigerator, Range Hood
    Features
    • Flooring: Tile, Vinyl
    • Has basement: No
    Interior area
    • Total structure area: 11,169
    • Total interior livable area: 11,169 sqft

    Property

    Parking
    • Total spaces: 24
    Accessibility
    • Accessibility features: Wheelchair Access
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Landscaping
    Lot
    • Size: 0.65 Acres
    Details
    • Parcel number: Not Available
    • Zoning description: R-MH*

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame, Stucco
    Condition
    • Resale
    • New construction: No
    • Year built: 1977

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Albuquerque

    Financial & listing details

    • Tax assessed value: $1,541,900
    • Annual tax amount: $7,749
    • Date on market: 11/2/2023
    • Cumulative days on market: 12 days
    • Listing terms: Cash,Conventional,FHA,Investor Financing,VA Loan
    • Tenant pays: Electricity, Other, See Remarks

    Price history

    DateEventPrice
    6/5/2026Listing removed$795
    Source: Zillow Rentals Report a problem
    5/18/2026Listed for rent$795-11.7%
    Source: Zillow Rentals Report a problem
    9/13/2024Listing removed$900
    Source: Zillow Rentals Report a problem
    8/12/2024Listed for rent$900+9.1%
    Source: Zillow Rentals Report a problem
    8/3/2024Listing removed--
    Source: Zillow Rentals Report a problem
    7/8/2024Price change$825-2.9%
    Source: Zillow Rentals Report a problem
    6/18/2024Listed for rent$850
    Source: Zillow Rentals Report a problem
    6/10/2024Listing removed--
    Source: SWMLS #1063419 Report a problem
    5/15/2024Listed for rent$850
    Source: Zillow Rentals Report a problem
    4/2/2024Sold--
    Source: SWMLS #1044190 Report a problem
    4/2/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/25/2024Listed for rent$850
    Source: Zillow Rentals Report a problem
    11/16/2023Pending sale$1,600,000$143/sqft
    Source: SWMLS #1044190 Report a problem
    11/2/2023Listed for sale$1,600,000$143/sqft
    Source: SWMLS #1044190 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,715 +175.2%$513,916 +174.8%
    2024$7,890 +1.7%$187,018 +3%
    2023$7,759 +3.5%$181,571 +3%
    2022$7,498 +0.5%$176,283
    2021$7,463 -1.3%$176,283
    2020$7,561 $176,283 +59.6%
    2019-- $110,437
    2018$4,233 -7.3%$110,437 +3%
    2017$4,567 +6.2%$107,220 +6.1%
    2016$4,300 -95.6%$101,067 +3%
    2015$98,123 +2325.7%$98,123 +3%
    2014$4,045 $95,265 +3%
    2013$4,045 $92,490
    2012-- $92,490
    2011-- $92,490
    2010-- $92,490 -5.2%
    2009-- $97,561 +3%
    2008-- $94,720 +3%
    2007-- $91,961 +3%
    2006-- $89,283 -19%
    2005-- $110,199 +3%
    2004-- $106,989
    2003-- $106,989
    2002-- $106,989
    2001-- $106,989 -0.5%
    2000-- $107,523
    Find assessor info on the county website

    Neighborhood: 87110

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