3611 Tyson Place Ne, Albuquerque, NM 87107

Local realty services provided by:ERA Summit
3611 Tyson Place Ne,Albuquerque, NM 87107
$570,000
  • 2 Beds
  • 1 Baths
  • 3,416 sq. ft.
  • Multi-family
  • Active
Listed by: todd d clarke
Office: nm apartment advisors, inc.
MLS#:1096690
Source:NM_SWMLS

Price summary

  • Price:$570,000
  • Price per sq. ft.:$166.86

About this home

Located at 3611 Tyson NE, this fourplex has spacious two bedroom, one bathroom units with fireplaces and a common area laundryThis fourplex and the larger portfolio is offered at the value of recent appraisals and is an amazing opportunity to invest in a growing economy.At the ask price $570,000 and of based on the current average rents of $1,393 per month, the property's measures of investment performance include a 8.53 GRM, 6.84% cap rate before reserves, before tax IRR of 15.1% and an after-tax IRR of 12.9%. If rents were raised to market average of $1,500, and even with a potential twofold increase in property taxes in 2027-2028.

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Home facts

  • Year built:1985
  • Listing ID #:1096690
  • Added:9 day(s) ago
  • Updated:January 23, 2026 at 03:24 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Living area:3,416 sq. ft.

Heating and cooling

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

Structure and exterior

  • Year built:1985
  • Building area:3,416 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$570,000
  • Price per sq. ft.:$166.86
  • Tax amount:$3,110

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