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134 S Rhode Island Street SE Albuquerque, NM $ 450,000
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$ 450,000 Get more info
134 S Rhode Island Street SE
$ 450,000
Back to search
Share Save

134 S Rhode Island Street SE

Albuquerque, NM, 87108
$ 450,000
Bedrooms2 Baths1.0 Sq 3,060

Monthly Estimate*

$ 2,807

134 S Rhode Island Street SE, Albuquerque, NM 87108 - Image 1
134 S Rhode Island Street SE, Albuquerque, NM 87108 - Image 2

Multi-Family Home for sale in Albuquerque, NM

for $450,000 with 2 bedrooms and 1 full bath. This 3,060 square foot home was built in 1980 on a lot size of 0.16.

Priced at $450,000, 134 Rhode Island St SE is a two-story fourplex located in Southeast Albuquerque. This 3,060 sq. ft. property offers four (4) 2-bedroom, 1-bathroom units on a 0.155-acre lot and is located near Central Ave, Zuni Rd, and major arterial routes, making it attractive to long-term renters.The property has a projected gross income of $57,000 annually, with a 5% vacancy allowance ($54,000). With estimated annual operating expenses of $20,700, the pro forma net operating income (NOI) is approximately $33,400, yielding a projected cap rate of 7.42%, with a 27.52% IRR with a five-year hold.

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Multi-Family Active

Price

$ 450,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 2,813

Style

Lot Size

0.16

Year Built

1980

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1094441
Features
General
Heating Central Forced Air
Cooling Evaporative Cooling
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected
Appliances Refrigerator
Year Built 1980
Electric Net Meter
Tenant Pays Electricity Gas
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 58800
County Bernalillo
New Construction false
Property Type Residential Income
Subdivision Name Of Unity Add
Green Energy Generation None
Status Active
Directions Zuni and Wyoming. go south on Wyoming to Rhode Island. Right on Rhode Island
City Albuquerque
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description MX-L*
Number Of Units Total 4
MLS Area 71 - Southeast Heights
Lot Size Square Feet 6752
Listing Terms Cash Owner May Carry
Tax Annual Amount 2813.84
Property Condition Resale
Builder Name NA
Standard Status Active
Year Built Source Assessor
Property Sub Type Additional Quadruplex
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Interior
Flooring Tile Vinyl Wood
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 2
Total Baths 1
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Exterior
Total Parking 4
Number of Buildings 1
Building Area Total 3060
Lot Size Acres 0.16
Lot Size Source Appraiser
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* Excluded Features
List By
Harrison Alley

Listing Agent

Berger Briggs Re & Prop Mgmt

Broker

talley@bergerbriggs.com

Email

Affordability Calculator

$3,042
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,807
Monthly Property Taxes
$234
Monthly 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/14/2025$450,000 Listed Price

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134 S Rhode Island Street SE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $450,000 with 3,060 sqft and a lot size of 0.16. 134 S Rhode Island Street SE has 2 bedrooms, 1.0 baths, and was built in 1980. The property's zip code is 87108 which is in Albuquerque, NM

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