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124 Princeton Drive SE Albuquerque, NM $ 611,262
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$ 611,262 Get more info
124 Princeton Drive SE
$ 611,262
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124 Princeton Drive SE

Albuquerque, NM, 87106
$ 611,262
Bedrooms5 Baths4.0 Sq 2,561

Monthly Estimate*

$ 4,222

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Multi-Family Home for sale in Albuquerque, NM

for $611,262 with 5 bedrooms and 4 full baths. This 2,561 square foot home was built in 1945 on a lot size of 0.16.

Imagine owning a property just one block--approximately 200 steps--from the University of New Mexico campus. At the northeast corner of Princeton and Silver, 124 Princeton SE is also near CNM, Nob Hill, restaurants, cafes, microbreweries and local retail. The location offers residents a walkable connection to the University-area lifestyle.Built in 1945 and renovated from top to bottom in 2019, this distinctive fourplex combines vintage character with modern conveniences. It features a generous two- to three-bedroom main house and three one-bedroom apartments, with thermal windows, mini-split HVAC, updated fixtures, custom tile and preserved original finishes. Residents enjoy private patios and landscaped walkways, plus off-street parking with a garage and two carports. The main house has its own washer/dryer; the other three units share a laundry room. All units are separately metered for gas and electricity.

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Multi-Family Active

Price

$ 611,262

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,597

Style

Lot Size

0.16

Year Built

1945

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1112694
Features
General
Heating Ductless
Cooling Ductless Ceiling Fan(s)
Utilities Cable Connected Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Dryer Free-Standing Gas Range Refrigerator Range Hood Washer
Patio/Porch Features Patio
Security Features Complex Fenced
Construction Materials Frame Stucco
Year Built 1945
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Property Subtype Quadruplex
Gross Income 54300
Community Features Laundry Facilities Patio
County Bernalillo
Operating Expense 15209
New Construction false
Property Type Residential Income
Subdivision Name University Heights Addition
Green Energy Generation None
Status Active
Directions From Central and Girard. West on Central to Princeton. South on Princeton 1 block. Property is on the NE corner of Princeton and Silver SE.
City Albuquerque
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description MX-L*
Number Of Units Total 4
MLS Area 40 - UNM
Lot Size Square Feet 7100
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 7597.44
Property Condition Resale
Virtual Tour https://my.matterport.com/show/?m=1nm643HGPKG https://my.matterport.com/show/?m=1nm643HGPKG
Builder Name Unknown
Standard Status Active
Occupancy Type Owner
Total Actual Rent 4465
Property Sub Type Additional Quadruplex
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Interior
Interior Amenities Ceiling Fan(s)
Basement Unfinished
Flooring Tile Vinyl Wood
Total Stories 1
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Washer Hookup Dryer Hookup In Unit
Total Bedrooms 5
Total Baths 4
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Exterior
Exterior Amenities Lighting Patio
Total Parking 6
Number of Buildings 2
Building Area Total 2561
Lot Size Acres 0.16
Lot Size Source Public Records
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* Excluded Features
List By
Kyle E Deacon

Listing Agent

Deacon Property Services

Broker

kdeacon24@swcp.com

Email

Affordability Calculator

$4,855
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,222
Monthly Property Taxes
$633
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/18/2026$611,262 Listed Price

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124 Princeton Drive SE, Albuquerque, NM, 87106 is a Multi-Family Home for sale at $611,262 with 2,561 sqft and a lot size of 0.16. 124 Princeton Drive SE has 5 bedrooms, 4.0 baths, and was built in 1945. The property's zip code is 87106 which is in Albuquerque, NM

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