134 S Rhode Island Street Se, Albuquerque, NM 87108

Albuquerque
Local realty services provided by:ERA Sellers & Buyers Real Estate
134 S Rhode Island Street Se,Albuquerque, NM 87108
$450,000
  • 2 Beds
  • 1 Baths
  • 3,060 sq. ft.
  • Multi-family
  • Active
Listed by: harrison alley
Office: berger briggs re & prop mgmt
MLS#:1094441
Source:NM_SWMLS

Price summary

  • Price:$450,000
  • Price per sq. ft.:$147.06

About this home

Priced at $450,000, 134 Rhode Island St SE is a two-story fourplex located in Southeast Albuquerque. This 3,060 sq. ft. property offers four (4) 2-bedroom, 1-bathroom units on a 0.155-acre lot and is located near Central Ave, Zuni Rd, and major arterial routes, making it attractive to long-term renters.The property has a projected gross income of $57,600 annually. With estimated annual operating expenses of $36,122, the pro forma net operating income (NOI) is approximately $38.522, yielding a projected cap rate of 6.2%, with a 29.80% before tax IRR. This listing is part of a larger portfolio that includes two single-family income-producing homes. The seller is offering a Real Estate Contract REC at 5.5% to qualified investors.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1980
  • Listing ID #:1094441
  • Added:132 day(s) ago
  • Updated:March 22, 2026 at 02:23 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Flooring:Tile, Vinyl, Wood
  • Kitchen Description:Refrigerator
  • Living area:3,060 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Central, Forced Air

Structure and exterior

  • Year built:1980
  • Building area:3,060 sq. ft.
  • Lot area:0.16 Acres
  • Levels:2 Story

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$147.06
  • Tax amount:$2,814

Features and amenities

  • Appliances:Refrigerator

Parking

  • Total parking spaces:4

New listings near 134 S Rhode Island Street Se