236 San Pablo Street Ne, Albuquerque, NM 87108
Local realty services provided by:ERA Sellers & Buyers Real Estate
236 San Pablo Street Ne,Albuquerque, NM 87108
$649,311
- 3 Beds
- 8 Baths
- 2,760 sq. ft.
- Multi-family
- Active
Listed by: trey w. whaley
Office: trinity apartment company llc.
MLS#:1099827
Source:NM_SWMLS
Price summary
- Price:$649,311
- Price per sq. ft.:$235.26
About this home
8-unit multifamily investment located in a rapidly improving corridor of Northeast Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a high cap rate, strong cash-on-cash returns, and durable demand from long-term workforce tenants.The surrounding neighborhood has seen substantial momentum, including a brand-new public library and park, along with ongoing residential and mixed-use construction nearby. These improvements support long-term appreciation while maintaining strong rental demand.The asset is a C-class, workforce housing property, which historically performs well through market cycles due to affordability, necessity-driven demand, and tenant longevity. Current tenants are stable, long-term residents. Can be sold separately.
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Home facts
- Year built:1958
- Subdivision & Development:Loma Verde Subdivision
- Listing ID #:1099827
- Added:139 day(s) ago
- Updated:July 29, 2026 at 02:41 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:8
- Flooring:Laminate, Tile, Wood
- Kitchen Description:Built-In Gas Range, Convection Oven, Range Hood, Refrigerator
- Living area:2,760 sq. ft.
Heating and cooling
- Cooling:Evaporative Cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1958
- Building area:2,760 sq. ft.
- Lot area:0.16 Acres
- Construction Materials:Stucco
- Exterior Features:Lighting
- Levels:1 Story
Utilities
- Water:Water Connected
- Sewer:Sewer Connected
Finances and disclosures
- Price:$649,311
- Price per sq. ft.:$235.26
- Tax amount:$1,855
Features and amenities
- Appliances:Range Hood, Refrigerator
- Amenities:Skylights
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