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502 Vassar Drive SE Albuquerque, NM $ 495,000
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$ 495,000 Get more info
502 Vassar Drive SE
$ 495,000
Back to search
Share Save

502 Vassar Drive SE

Albuquerque, NM, 87106
$ 495,000
Bedrooms6 Baths3.0 Sq 2,457

Monthly Estimate*

$ 3,125

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Multi-Family Home for sale in Albuquerque, NM

for $495,000 with 6 bedrooms and 3 full baths. This 2,457 square foot home was built in 1946 on a lot size of 0.16.

BACK ON MARKET. Don't miss seeing this one this time! Exceptional investment opportunity in the desirable UNM South area! This single-story triplex features three 2-bedroom, 1-bath units, each offering durable solid-surface flooring and convenient stackable washer/dryer units. Two units include garage/storage space, adding value and appeal for tenants. Two of the three units are currently rented, providing immediate income potential, while the remaining unit offers flexibility for owner occupancy or additional rental income. Conveniently located near UNM, downtown, shopping, dining, and major commuter routes, this property is an excellent addition to an investment portfolio or a smart owner-investment opportunity.

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Multi-Family Pending

Price

$ 495,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,329

Style

Lot Size

0.16

Year Built

1946

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1105057
Features
General
Heating Floor Furnace
Cooling Evaporative Cooling Ceiling Fan(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Dryer Free-Standing Gas Range Microwave Refrigerator Washer
Construction Materials Frame Stucco
Year Built 1946
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Property Subtype Multi Family
Gross Income 41400
Community Features Storage Facilities
County Bernalillo
Operating Expense 10000
New Construction false
Property Type Residential Income
Subdivision Name University Hts Add
Green Energy Generation None
Status Pending
Directions Central & Girard south to Garfield west to property on corner of Garfield and Vassar.
City Albuquerque
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description R-MH*
Number Of Units Total 3
MLS Area 42 - UNM South
Lot Size Square Feet 7100
Listing Terms Cash Conventional
Tax Annual Amount 5329.08
Property Condition Resale
Virtual Tour https://tours.DragonFly360Imaging.com/idx/325105 https://tours.DragonFly360Imaging.com/idx/325105
Builder Name unknown
Standard Status Pending
Total Actual Rent 2300
Property Sub Type Additional Multi Family
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Laminate Wood
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Washer Hookup Dryer Hookup In Unit
Total Bedrooms 6
Total Baths 3
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Exterior
Number of Buildings 1
Building Area Total 2457
Lot Size Acres 0.16
Lot Size Source Public Records
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* Excluded Features
List By
Charlene Rockwell

Listing Agent

Coldwell Banker Legacy

Broker

rockwellrealestate505@gmail.com

Email

Affordability Calculator

$3,570
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,125
Monthly Property Taxes
$444
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/8/2026$495,000 Listed Price

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502 Vassar Drive SE, Albuquerque, NM, 87106 is a Multi-Family Home for sale at $495,000 with 2,457 sqft and a lot size of 0.16. 502 Vassar Drive SE has 6 bedrooms, 3.0 baths, and was built in 1946. The property's zip code is 87106 which is in Albuquerque, NM

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