509 Vermont Street NE Albuquerque, NM ^$ 299,900

509 Vermont Street NE

^$ 299,900

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509 Vermont Street NE

Albuquerque, NM, 87108

^$ 299,900

Bedrooms2 Baths1.0 Sq 2,142

Monthly Estimate*

^$ 1,847

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Multi-Family Home for sale in Albuquerque, NM

for $299,900 with 2 bedrooms and 1 full bath. This 2,142 square foot home was built in 1945 on a lot size of 0.16.

Excellent investment opportunity in a highly central location! This well-maintained triplex offers strong rental income and a versatile unit mix, making it a great addition to any investor's portfolio. The property features three separate units, including two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, with the lower-level unit located in the basement and offering its own private entrance for added privacy and convenience. The property is currently generating $3,966 in total monthly rental income, providing immediate cash flow.Unit Details:* Unit A: 2 Bed / 1 Bath - $1,460/month - 1-year lease beginning 3/1/2026* Unit B: 2 Bed / 1 Bath - $1,300/month - Month-to-month tenant (18 months occupancy)* Unit C: 1 Bed / 1 Bath - $1,206/month - Lease through 10/31/2026

Multi-Family Pending

Price

^$ 299,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,070

Style

Lot Size

0.16

Year Built

1945

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1099625

Features

General

Heating Wall Furnace

Cooling Evaporative Cooling

Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected

Appliances Free-Standing Gas Range Refrigerator

Construction Materials Frame Stucco

Year Built 1945

Tenant Pays None

Stories Count 1

Levels One

Property Subtype Triplex

Community Features Laundry Facilities

Accessibility None

County Bernalillo

New Construction false

Property Type Residential Income

Subdivision Name Mesa Verde Addition

Green Energy Generation None

Status Pending

Directions Head east on Lomas Blvd. Turn right on Utah St turn left on Marquette Ave then right on Vermont. Property will be on your right.

City Albuquerque

Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure

Zoning Description R-ML*

Number Of Units Total 3

MLS Area 70 - Fairgrounds

Lot Size Square Feet 6752

Listing Terms Cash Conventional FHA VA Loan

Tax Annual Amount 3070.18

Property Condition Resale

Builder Name unknown

Standard Status Pending

Property Sub Type Additional Triplex

Interior

Basement Finished

Flooring Carpet Tile

Basement (Y/N) true

Air Conditioning Y/N true

Heating Y/N true

Total Bedrooms 2

Below Grade Finished Area 600

Total Baths 1

Exterior

Number of Buildings 1

Building Area Total 2142

Lot Size Acres 0.16

Lot Size Source Public Records

* Excluded Features

List By

Tahir Gauba

Listing Agent

More Realty, Inc

Broker

gaubatahir@yahoo.com

Affordability Calculator

$2,102

Per Month

Monthly Principal & Interest: $1,847
Monthly Property Taxes: $256
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Multi-family listings in Albuquerque, NM

Average List Price ^$595,908

Percent of Sale Price 99%

About Albuquerque, NM

565,162 Population

25% Since 2002

^$49,805 Median Income

36.92 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/10/2026	$299,900		Listed Price

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509 Vermont Street NE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $299,900 with 2,142 sqft and a lot size of 0.16. 509 Vermont Street NE has 2 bedrooms, 1.0 baths, and was built in 1945. The property's zip code is 87108 which is in Albuquerque, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 3/23/2026.

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509 Vermont Street NE

Multi-Family Home for sale in Albuquerque, NM

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