404 Rainbow Court SE Albuquerque, NM ^$ 410,000

404 Rainbow Court SE

^$ 410,000

Back to search

404 Rainbow Court SE

Albuquerque, NM, 87123

^$ 410,000

Bedrooms2 Baths1.0

Monthly Estimate*

^$ 2,864

404 Rainbow Court SE, Albuquerque, NM 87123 - Image 1

404 Rainbow Court SE, Albuquerque, NM 87123 - Image 2

404 Rainbow Court SE, Albuquerque, NM 87123 - Image 3

404 Rainbow Court SE, Albuquerque, NM 87123 - Image 4

404 Rainbow Court SE, Albuquerque, NM 87123 - Image 5

Multi-Family Home for sale in Albuquerque, NM

for $410,000 with 2 bedrooms and 1 full bath. This home was built in 1979 on a lot size of 0.33.

Fourplex located off tramway and Juan Tabo Near the mountains and Four Hills community. High appreciating area with many new developments completed and under construction. Raise rents to market and charge flat rate water bills or RUBS to create a great cash flowing property.

Multi-Family Pending

Price

^$ 410,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,293

Style

Quadruplex

Lot Size

0.33

Year Built

1979

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1054948

Features

General

Heating Central ForcedAir

Cooling EvaporativeCooling

Utilities CableConnected ElectricityConnected NaturalGasConnected SewerConnected

Appliances Refrigerator

Exterior Features Patio

Patio/Porch Features Patio

Construction Materials Frame

Year Built 1979

Tenant Pays Electricity Gas

Stories 2

Levels Two

Property SubType Quadruplex

Community Features DeckPorch Patio

Accessibility None

County Bernalillo

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Green Energy Generation None

Status Pending

Directions google maps

City Albuquerque

Buyer Agent Compensation 2.5%

Disclosures RANM2100Disclosure

View Y/N N

Senior Community Y/N N

Zoning Description R-ML*

Total Units 4

MLS Area 71 - Southeast Heights

Lot Size Square Feet 14374.8

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Rainbow

Listing Terms Cash Conventional FHA

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 3293.92

Home Warranty Y/N N

Property Condition Resale

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 59

Builder Name unkown

Standard Status Pending

Property Sub Type Additional Quadruplex

Interior

Flooring Carpet Tile

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Court

Laundry Features WasherHookup DryerHookup InUnit

Total Bedrooms 2

Electric On Property Y/N N

Total Baths 1

Exterior

Number of Buildings 1

Spa N

Lot Size Acres 0.33

Lot Size Source PublicRecords

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

* Excluded Features

List By

Trey Whaley

Listing Agent

Rhino Realty Property Mgmt Llc

Broker

Trey@rhinorentalsnm.com

Affordability Calculator

$3,138

Per Month

Monthly Principal & Interest: $2,864
Monthly Property Taxes: $274
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Multi-family listings in Albuquerque, NM

Average List Price ^$702,876

Percent of Sale Price 71%

About Albuquerque, NM

565,162 Population

25% Since 2002

^$49,805 Median Income

36.92 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

537023 Elementary School

537125 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/4/2024	$410,000		Listed Price

Map

More homes like this one

homes for you

See all

404 Rainbow Court SE, Albuquerque, NM, 87123 is a Multi-Family Home for sale at $410,000 with a lot size of 0.33. 404 Rainbow Court SE has 2 bedrooms, 1.0 baths, and was built in 1979. The property's zip code is 87123 which is in Albuquerque, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

404 Rainbow Court SE

Multi-Family Home for sale in Albuquerque, NM

Affordability Calculator

Map

More homes like this one

Get more info about this home