3611 Tyson Place Ne Albuquerque, NM 87107

4 Units
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$570,000 Est. $2,099 / mo.*
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Property Type: Quadruplex
Status: Active
Year Built: 1985
Neighborhood: Amended Plat Of Torr Addn
Days on Website: 1

Courtesy of NM Apartment Advisors, Inc..

Description

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.

Open House

Property Details and Features

  • Refrigerator
  • 1 total bathroom
  • 2 total bedrooms
  • Built in 1985
  • Living area: 3416.0
  • 1 building
  • 2 stories
  • Levels: Two
  • Construction Materials: Frame, Stucco
  • EvaporativeCooling
  • Ranm2100Disclosure
  • Energy Generation: None
  • Operating: $25,485
  • Carpet
  • Tile
  • Central
  • ForcedAir
  • Gross Income: $64,469
  • Listing ID: 1096690
  • Standard Status: Active
  • MLS Status: Active
  • Property Subtype: Quadruplex
  • On market as of 2026-01-13
  • 1 day on market
  • Subdivision: Amended Plat Of Torr Addn
  • MLS Area (Major): 41 - Uptown
  • County/Parish: Bernalillo
  • 0.14 acres
  • SeeRemarks
  • 6 total parking spaces
  • Resale
  • Parcel Number: 101606048819141008
  • Annual Amount: $3,109.56
  • Legal Description: Lot 1, Block 1, Amended Plat Of Torr Addn
  • Zoning description: R-ML*
  • SeeRemarks
  • ElectricityConnected
  • NaturalGasConnected
  • SewerConnected
  • WaterConnected

Location

$570,000 - 3611 Tyson Place Ne, Albuquerque, NM 87107
3611 Tyson Place Ne Albuquerque, NM 87107
Subdivision: Amended Plat Of Torr Addn

Street View

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