312 Western Skies Drive SE Albuquerque, NM $ 428,000
312 Western Skies Drive SE
$ 428,000
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312 Western Skies Drive SE

Albuquerque, NM, 87123
$ 428,000
Bedrooms2 Baths1.0 Sq 3,436

Monthly Estimate*

$ 2,956

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Multi-Family Home for sale in Albuquerque, NM

for $428,000 with 2 bedrooms and 1 full bath. This 3,436 square foot home was built in 1979 on a lot size of 0.18.

**INVESTMENT OPPORTUNITY** Discover the potential of this fully leased fourplex at 312 Western Skies Dr SE in Albuquerque! Conveniently located with access to I-40, shopping, dining, and everyday amenities, this income producing property offers investors an opportunity to expand their portfolio with established rental income from day one. Currently generating $3,345 in monthly base rent, or $40,140 annually. All four units are currently leased, with lease expirations extending into 2027. Updates include the roof replacement less than two years ago and the swamp coolers were replaced within the last five years! Whether you're expanding an existing portfolio or entering the multifamily market, this property offers immediate income and future growth potential. Don't miss this opportunity to invest in Albuquerque real estate! Buyer to verify all financial information, rental projections, and property details.

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Multi-Family Active

Price

$ 428,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 3,249

Style

Lot Size

0.18

Year Built

1979

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1112676

Features
General
Heating Central Forced Air
Cooling Evaporative Cooling
Utilities Electricity Connected Sewer Connected Water Connected
Appliances Refrigerator Self Cleaning Oven
Patio/Porch Features Patio
Construction Materials Stucco
Year Built 1979
Tenant Pays Electricity Water
Stories Count 2
Levels Two
Property Subtype Quadruplex
Community Features Patio
Accessibility None
County Bernalillo
New Construction false
Property Type Residential Income
Subdivision Name Dorado Skies Subdivision
Green Energy Generation None
Status Active
Directions From I40 and Tramway head west on Central. Turn South to Western Skies and property is on the left corner of Western Skies and Dunes Rd.
City Albuquerque
Disclosures RANM 2100 Disclosure
Zoning Description R-ML*
Number Of Units Total 4
MLS Area 71 - Southeast Heights
Lot Size Square Feet 8015
Listing Terms Cash Conventional FHA
Tax Annual Amount 3249.3
Property Condition Resale
Builder Name Unknown
Standard Status Active
Year Built Source Public Records
Total Actual Rent 3344
Property Sub Type Additional Quadruplex
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Interior
Flooring Carpet Tile Vinyl
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 2
Total Baths 1
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Exterior
Exterior Amenities Patio
Number of Buildings 1
Building Area Total 3436
Lot Size Acres 0.18
Lot Size Source Public Records
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* Excluded Features
List By
Sarah M Hill

Listing Agent

Coldwell Banker Legacy

Broker

SarahHill.NMRealty@gmail.com

Email

Affordability Calculator

$3,227
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,956
Monthly Property Taxes
$271
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
10/18/2026$428,000 Listed Price

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312 Western Skies Drive SE, Albuquerque, NM, 87123 is a Multi-Family Home for sale at $428,000 with 3,436 sqft and a lot size of 0.18. 312 Western Skies Drive SE has 2 bedrooms, 1.0 baths, and was built in 1979. The property's zip code is 87123 which is in Albuquerque, NM