401 Vermont Street NE Albuquerque, NM $ 389,000
401 Vermont Street NE
$ 389,000
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401 Vermont Street NE

Albuquerque, NM, 87108
$ 389,000
Bedrooms1 Baths1.0 Sq 2,719

Monthly Estimate*

$ 2,395

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Multi-Family Home for sale in Albuquerque, NM

for $389,000 with 1 bedroom and 1 full bath. This 2,719 square foot home was built in 1958 on a lot size of 0.16.

Exceptional 4plex offers an immediate, low-management cash flow stream with significant upside potential. 100% Occupancy with stable, reliable tenants who have expressed a strong desire to remain. Current rents are below market, providing an achievable rent increase strategy to boost the Cap Rate and overall ROI. Structured as tenant-paid utilities, minimizing landlord operating expenses and maximizing NOI. New sewer lines and a durable TPO membrane roof. Each unit offers highly desirable features including a small backyard and dedicated off-street parking, enhancing tenant retention. Strategically positioned near major economic and entertainment hubs with easy access to I-40. Showings will only be scheduled after an executed purchase agreement, and are subject to tenant availability.

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Multi-Family Active

Price

$ 389,000

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 3,457

Style

Lot Size

0.16

Year Built

1958

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1094694

Features
General
Heating Wall Furnace
Cooling Evaporative Cooling
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Free-Standing Gas Range Disposal Refrigerator Range Hood
Patio/Porch Features Patio
Year Built 1958
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Property Subtype Quadruplex
Community Features Patio
Accessibility None
County Bernalillo
New Construction false
Property Type Residential Income
Subdivision Name Mesa Verde Addition
Green Energy Generation None
Status Active
Directions Individual unit addresses are 8311 8313 8315 8317 Copper Ave NE
City Albuquerque
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description R-ML*
Number Of Units Total 4
MLS Area 70 - Fairgrounds
Lot Size Square Feet 6970
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 3457.36
Property Condition Resale
Builder Name Unknown
Standard Status Active
Property Sub Type Additional Quadruplex
Legal Description * 047 028MESA VERDE L47 & 48
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Interior
Flooring Laminate Vinyl
Fireplace Features Option
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 1
Total Baths 1
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Exterior
Exterior Amenities Lighting Patio
Number of Buildings 1
Building Area Total 2719
Lot Size Acres 0.16
Lot Size Source Appraiser
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* Excluded Features
List By
David W Wedding

Listing Agent

Real Broker, Llc

Broker

dweddingnm@gmail.com

Email

Affordability Calculator

$2,683
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,395
Monthly Property Taxes
$288
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
11/19/2025$389,000 Listed Price

Map


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401 Vermont Street NE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $389,000 with 2,719 sqft and a lot size of 0.16. 401 Vermont Street NE has 1 bedrooms, 1.0 baths, and was built in 1958. The property's zip code is 87108 which is in Albuquerque, NM