408 PENNSYLVANIA Street SE Albuquerque, NM ^$ 245,000

408 PENNSYLVANIA Street SE

^$ 245,000

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408 PENNSYLVANIA Street SE

Albuquerque, NM, 87108

^$ 245,000

Bedrooms1 Baths1.0 Sq 1,688

Monthly Estimate*

^$ 1,528

408 PENNSYLVANIA Street SE, Albuquerque, NM 87108 - Image 1

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Multi-Family Home for sale in Albuquerque, NM

for $245,000 with 1 bedroom and 1 full bath. This 1,688 square foot home was built in 1948 on a lot size of 0.16.

Adorable brick triplex with gated courtyard entry and off street parking! Updated units! Two 1bd/1ba and one studio unit. 1 single car garage, and tenant storage closets! All units rented, stable tenants, strong cash flow! New foam roof in 2012 and sewer/plumbing redone 2011. Convenient to KAFB, hospitals, public transportation, Sunport, UNM, and CNM! Submit LOI or offer. Do not disturb tenants, property inspections upon accepted offer and proof of funds. Bundle with 408 Texas and 304 Texas for a ready-made portfolio!

Multi-Family Active

Price

^$ 245,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,132

Style

Lot Size

0.16

Year Built

1948

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1088629

Features

General

Heating Baseboard Electric Wall Furnace

Cooling Evaporative Cooling Ceiling Fan(s)

Utilities Electricity Connected Sewer Connected Water Connected

Appliances Free-Standing Electric Range Refrigerator Range Hood

Security Features Complex Fenced Security Gate

Construction Materials Brick Brick Veneer Block Frame Stucco

Year Built 1948

Tenant Pays Electricity

Stories Count 1

Levels One

Property Subtype Triplex

Community Features Storage Facilities

County Bernalillo

New Construction false

Property Type Residential Income

Green Energy Generation None

Status Active

Directions Central and Louisiana south to Zuni east to Pennsylvania south to 408 building is on the east side of the street.

City Albuquerque

Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure

Zoning Description R-ML*

Number Of Units Total 3

MLS Area 71 - Southeast Heights

Lot Size Square Feet 6969.6

Listing Terms Cash Conventional FHA VA Loan

Tax Annual Amount 2132.06

Property Condition Resale

Builder Name Unknown

Standard Status Active

Property Sub Type Additional Triplex

Interior

Interior Amenities Ceiling Fan(s)

Flooring Carpet Tile

Basement (Y/N) false

Air Conditioning Y/N true

Heating Y/N true

Total Bedrooms 1

Total Baths 1

Exterior

Number of Buildings 1

Building Area Total 1688

Lot Size Acres 0.16

Lot Size Source Public Records

* Excluded Features

List By

Sarah M Rich

Listing Agent

Gdr Property Solutions, Llc

Broker

srich@gdrpm.com

Affordability Calculator

$1,706

Per Month

Monthly Principal & Interest: $1,528
Monthly Property Taxes: $178
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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.

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Nearby

Trends
Schools

Multi-family listings in Albuquerque, NM

Average List Price ^$609,474

Percent of Sale Price 149%

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.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/16/2025	$245,000		Listed Price

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408 PENNSYLVANIA Street SE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $245,000 with 1,688 sqft and a lot size of 0.16. 408 PENNSYLVANIA Street SE has 1 bedrooms, 1.0 baths, and was built in 1948. The property's zip code is 87108 which is in Albuquerque, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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 12/11/2025.

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408 PENNSYLVANIA Street SE

Multi-Family Home for sale in Albuquerque, NM

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