508 Tennessee Street NE Albuquerque, NM $ 315,000
508 Tennessee Street NE
$ 315,000
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508 Tennessee Street NE

Albuquerque, NM, 87108
$ 315,000
Bedrooms8 Baths4.0 Sq 3,200

Monthly Estimate*

$ 2,176

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Multi-Family Home for sale in Albuquerque, NM

for $315,000 with 8 bedrooms and 4 full baths. This 3,200 square foot home was built in 1978 on a lot size of 0.3.

**SELLER FINANCING OPPORTUNITY AVAILABLE!** Property is being sold as-is, with no repairs to be made by seller **Excellent investment opportunity with this 4-unit multifamily property in Albuquerque! Each unit offers approximately **800 square feet with 2 bedrooms and 1 bathroom**, providing a total of **8 bedrooms and 4 bathrooms** across the property.Previously fully rented for the past several years, this property offers flexibility for the next owner. **Update and improve the units to maximize future rental potential, or prepare them for tenants with minimal turnaround.** The established multifamily configuration makes this a great opportunity for investors looking to add doors to their portfolio.This property is prime for renovation and ready for some TLC as it is being sold as-is condition. Whether you're looking to customize a home to fit your lifestyle, build equity through improvements, or take on your next investment project, there is plenty of potential here. An FHA/Conventional/VA 203(k) renovation loan may also be an option for qualified buyers, subject to lender, property, and program requirements. (Partner lender has program designed for this house as well as incentive to buyer!)With **seller financing available**, buyers may have additional flexibility when structuring their purchase. Whether you're looking for your next value-add project or a multifamily rental opportunity, 508 Tennessee St SE is ready for its next chapter!**Buyer to do own due diligence on sqft and condition as seller never lived at the property and rented it out through another company for length of ownership.

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Multi-Family Pending

Price

$ 315,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3

Year Built

1978

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1111950

Features
General
Heating Central Forced Air
Cooling Evaporative Cooling
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Refrigerator
Security Features Security Gate
Construction Materials Frame Stucco
Year Built 1978
Tenant Pays Other See Remarks
Stories Count 2
Levels Two
Property Subtype Quadruplex
Community Features Storage Facilities
Accessibility None
County Bernalillo
New Construction false
Property Type Residential Income
Green Energy Generation None
Status Pending
Directions USE GPS
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 13068
Listing Terms Cash Conventional FHA Owner May Carry VA Loan
Tax Annual Amount 0
Property Condition Resale
Builder Name unknown
Standard Status Pending
Total Actual Rent 3400
Property Sub Type Additional Quadruplex
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 8
Total Baths 4
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Exterior
Number of Buildings 1
Building Area Total 3200
Lot Size Acres 0.3
Lot Size Source Public Records
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* Excluded Features
List By
K2 Omni Group

Listing Agent

Exp Realty, Llc

Broker

K2OmniKristina@gmail.com

Email

Affordability Calculator

$2,176
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,176
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
Pricing History
DatePricePrice ChangeDescription
10/3/2026$315,000 Listed Price

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508 Tennessee Street NE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $315,000 with 3,200 sqft and a lot size of 0.3. 508 Tennessee Street NE has 8 bedrooms, 4.0 baths, and was built in 1978. The property's zip code is 87108 which is in Albuquerque, NM