2616 Muriel Street NE Albuquerque, NM $ 500,000
2616 Muriel Street NE
$ 500,000
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2616 Muriel Street NE

Albuquerque, NM, 87112
$ 500,000
Bedrooms3 Baths2.0 Sq 3,003

Monthly Estimate*

$ 3,079

2616 Muriel Street NE, Albuquerque, NM 87112 - Image 1
2616 Muriel Street NE, Albuquerque, NM 87112 - Image 2
2616 Muriel Street NE, Albuquerque, NM 87112 - Image 3
2616 Muriel Street NE, Albuquerque, NM 87112 - Image 4
2616 Muriel Street NE, Albuquerque, NM 87112 - Image 5
2616 Muriel Street NE, Albuquerque, NM 87112 - Image 6
2616 Muriel Street NE, Albuquerque, NM 87112 - Image 7

Multi-Family Home for sale in Albuquerque, NM

for $500,000 with 3 bedrooms and 2 full baths. This 3,003 square foot home was built in 1978 on a lot size of 0.18.

Acquisition Cap Rate of 5.82% with Pro forma cap rate of 6.08%. Pro forma GRM: 8.67 with In-place rents roughly 8.5% below market. Roof was replaced in 2022. All units have Washer/Dryer hookups. This property is located in a proven Northeast Heights rental market! Seller financing is available

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Multi-Family Active

Price

$ 500,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,906

Style

Lot Size

0.18

Year Built

1978

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1103865

Features
General
Heating Central Forced Air
Cooling Evaporative Cooling
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Dishwasher Free-Standing Gas Range Microwave Refrigerator
Patio/Porch Features Patio
Year Built 1978
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Property Subtype Quadruplex
Gross Income 51088
Community Features Patio
County Bernalillo
Operating Expense 21980
New Construction false
Property Type Residential Income
Green Energy Generation None
Status Active
Directions From Menaul Blvd NE head South on Juan Tabo Blvd NE. Turn West onto Brentwood Hills Blvd then South onto Muriel St NE. The property is on the East side of the street
City Albuquerque
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description MX-L*
Number Of Units Total 4
MLS Area 50 - Northeast Heights
Lot Size Square Feet 7623
Listing Terms Owner May Carry
Tax Annual Amount 3906.36
Property Condition Resale
Additional Parcels Y/N true
Builder Name N/A
Standard Status Active
Year Built Source Public Records
Total Actual Rent 4050
Property Sub Type Additional Quadruplex
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Interior
Flooring Carpet Vinyl
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Washer Hookup Dryer Hookup In Unit
Total Bedrooms 3
Total Baths 2
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Exterior
Exterior Amenities Patio
Number of Buildings 1
Building Area Total 3003
Lot Size Acres 0.18
Lot Size Source Public Records
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* Excluded Features
List By
Luke Scarpa

Listing Agent

Nai Sunvista Commercial Re

Broker

luke@sunvista.com

Email

Affordability Calculator

$3,404
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,079
Monthly Property Taxes
$326
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
5/19/2026$500,000 Listed Price

Map


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2616 Muriel Street NE, Albuquerque, NM, 87112 is a Multi-Family Home for sale at $500,000 with 3,003 sqft and a lot size of 0.18. 2616 Muriel Street NE has 3 bedrooms, 2.0 baths, and was built in 1978. The property's zip code is 87112 which is in Albuquerque, NM