622 Jefferson Street NE Albuquerque, NM $ 760,000
622 Jefferson Street NE
$ 760,000
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622 Jefferson Street NE

Albuquerque, NM, 87110
$ 760,000
Bedrooms8 Baths5.0 Sq 3,116

Monthly Estimate*

$ 4,799

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Multi-Family Home for sale in Albuquerque, NM

for $760,000 with 8 bedrooms and 5 full baths. This 3,116 square foot home was built in 1951 on a lot size of 0.16.

4Plex!! A super rare opportunity in the heart of Albuquerque's Near Heights, desirable neighborhood, a fully renovated fourplex that's nothing short of spectacular!At its core is the main home in every sense: 3 bedrooms, 2 baths and more than 1,200 square feet of beautifully finished space, opening to a courtyard shaded by a mature tree, wrapped in warm cedar fencing for those Duke City evenings. Three additional units join it on the same property, each unit fully renovated top to bottom. Nothing here was left half-finished, no deferred maintenance, no projects waiting, nothing to do, truly a turn the key setup.Two of the units are fully furnished and have been operated successfully as short-term rentals (AirBnB), giving this property a flexibility others do not have. Either continue that concept of STR or change to MTR (mid-term) concept. The travel nurse market is abundant, especially with University of NM Hospital just down the street. Or simply convert the entire property into traditional long-term leases. Here's an idea, live in one of the units and let the other three units help carry the mortgage, or lastly lease all four and let it work entirely on its own! Either way you are minutes from Nob Hill's restaurants and shops, Uptown's retail and offices, and immediate access to I-40, an established tree-lined pocket of the city that puts the whole metro within a short drive and keeps the hospitals, the university and the national labs close at hand. A great opportunity for a 1031 Exchange, a turn-key Income-producing property from the start and genuinely 'move-in' ready. A true home, income handshake and a location like this rarely arrive in one package! See attached PDF Offer Memorandum for many more specific details.

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Multi-Family Active

Price

$ 760,000

Bedrooms

8

Full Bath

5

Property Type

Multi-Family

Taxes

$ 7,713

Style

Lot Size

0.16

Year Built

1951

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1110082

Features
General
Heating Ductless
Cooling Ductless Evaporative Cooling
Utilities Electricity Connected Natural Gas Connected Phone Available Sewer Connected Water Connected
Appliances Free-Standing Gas Range Refrigerator
Construction Materials Stucco
Year Built 1951
Tenant Pays None
Stories Count 1
Levels One
Property Subtype Quadruplex
Gross Income 62247
County Bernalillo
Operating Expense 11929
New Construction false
Property Type Residential Income
Subdivision Name Year Addn Brooms Subd
Green Energy Generation None
Status Active
Directions Heading East on I-40 take exit 161 on the right onto San Mateo Blvd NE. Turn right onto San Mateo Blvd NE. Turn right onto Marble Ave NE.
City Albuquerque
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description R-ML*
Number Of Units Total 4
MLS Area 40 - UNM
Lot Size Square Feet 6752
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 7713.56
Property Condition Resale
Additional Parcels Y/N true
Builder Name Unknown
Standard Status Active
Year Built Source Public Records
Total Actual Rent 8550
Property Sub Type Additional Quadruplex
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Interior
Flooring Carpet Laminate Vinyl
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Washer Hookup Dryer Hookup In Unit
Total Bedrooms 8
Total Baths 5
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Exterior
Total Parking 6
Number of Buildings 1
Building Area Total 3116
Lot Size Acres 0.16
Lot Size Source Survey
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* Excluded Features
List By
Steven A Grant

Listing Agent

Keller Williams Realty

Broker

steve@grantprop.com

Email

Affordability Calculator

$5,441
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,799
Monthly Property Taxes
$643
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
Pricing History
DatePricePrice ChangeDescription
8/29/2026$760,000 Listed Price

Map


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622 Jefferson Street NE, Albuquerque, NM, 87110 is a Multi-Family Home for sale at $760,000 with 3,116 sqft and a lot size of 0.16. 622 Jefferson Street NE has 8 bedrooms, 5.0 baths, and was built in 1951. The property's zip code is 87110 which is in Albuquerque, NM