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3509 Tulane Drive NE Albuquerque, NM $ 529,000
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3509 Tulane Drive NE
$ 529,000
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3509 Tulane Drive NE

Albuquerque, NM, 87107
$ 529,000
Bedrooms8 Baths4.0 Sq 3,240

Monthly Estimate*

$ 3,654

3509 Tulane Drive NE, Albuquerque, NM 87107 - Image 1

Multi-Family Home for sale in Albuquerque, NM

for $529,000 with 8 bedrooms and 4 full baths. This 3,240 square foot home was built in 1979 on a lot size of 0.19.

Live in one unit and let the other three help pay your mortgage! This Albuquerque fourplex offers practical features that stand out to renters. Combination refrigerated-air and furnace systems installed approximately five years ago make seasonal changeovers simple, while in-unit washers and dryers add everyday convenience and rental appeal.Qualified owner-occupant buyers can explore FHA financing with as little as 3.5% down and use eligible rental income from the other three units to help qualify for the loan. HUD's FY2027 Albuquerque two-bedroom Fair Market Rent of $1,384 per month provides a benchmark for evaluating rental potential. This figure includes utilities; actual rents and voucher approvals vary.An opportunity to grow your rental portfolio or combine homeownership with rental income. Financing is subject to lender approval, property eligibility, and FHA's fourplex self-sufficiency requirements.

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Multi-Family Active

Price

$ 529,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,967

Style

Lot Size

0.19

Year Built

1979

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1113103
Features
General
Heating Central Forced Air
Cooling Refrigerated
Utilities Cable Available Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Year Built 1979
Tenant Pays Other See Remarks
Stories Count 2
Levels Two
Property Subtype Quadruplex
Accessibility None
County Bernalillo
New Construction false
Property Type Residential Income
Green Energy Generation None
Status Active
Directions From Commanche go south on Wellesley make first left going north then south again on Tulane 3509 will be on your right
City Albuquerque
Disclosures Principal is Real Estate Licensed RANM 2100 Disclosure
Zoning Description R-ML*
Number Of Units Total 4
MLS Area 41 - Uptown
Lot Size Square Feet 8276
Listing Terms Cash Conventional FHA Owner May Carry
Tax Annual Amount 2967.9
Property Condition Resale
Builder Name Unkown
Standard Status Active
Total Actual Rent 2850
Property Sub Type Additional Quadruplex
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Interior
Flooring See Remarks
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Washer Hookup Dryer Hookup In Unit
Total Bedrooms 8
Total Baths 4
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Exterior
Number of Buildings 1
Building Area Total 3240
Lot Size Acres 0.19
Lot Size Source Public Records
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* Excluded Features
List By
Juan Diego Chavez

Listing Agent

New Mexico Realty Advisors

Broker

juandiegochavez11@gmail.com

Email

Affordability Calculator

$3,901
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,654
Monthly Property Taxes
$247
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
10/26/2026$529,000 Listed Price

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3509 Tulane Drive NE, Albuquerque, NM, 87107 is a Multi-Family Home for sale at $529,000 with 3,240 sqft and a lot size of 0.19. 3509 Tulane Drive NE has 8 bedrooms, 4.0 baths, and was built in 1979. The property's zip code is 87107 which is in Albuquerque, NM

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