1 of 16

Want to see this property?

308 Jefferson Street NE

Albuquerque, NM 87108

2 beds
1 bath
2,680 sqft
9,583 sqft lot
$193 per sqft
1996 build
– on site

Built in 1996 by the owners' family and designed by their father, a well known local architect, Allan G Elsik, this is the first time this treasured community has been available for sale. Each unit has two bedrooms and one bathroom and averages 893 sf.The property is owned by an estate and they heir's do need to cash out.At the current average rents of $1,300, and an ask price of $519,335 the measures of investment performance include a price per unit of $173,112, price per square foot of $193.78, a GRM of 11.10, an after reserves cap rate of 6.56%.

Listing courtesy of SWMLS / NM Apartment Advisors, Inc.

Last checked: Checking… • Last updated Apr 14, 2025 •

MLS# 1081644 —

The Building

Year Built:

1996
Builder Name:

Unknown
New Construction:

false
Construction Materials:

Frame,Stucco
Stories:

1
Levels:

One
Basement:

false
Exterior Features:

Landscaping
Building Area Total:

2680.0

Interior

Flooring:

SeeRemarks

Room Dimensions

Living Area:

2680.0

Location

Directions:

From Lomas and Washington east to Jefferson south to property.
Latitude:

35.082163
Longitude:

-106.592708

The Property

Parcel Number:

101705734733611117
Property Type:

ResidentialIncome
Property Subtype:

Triplex
Property Subtype Additional:

Triplex
Property Condition:

Resale
Zoning Description:

R-MH*
Lot Size Acres:

0.22
Lot Dimensions Source:

PublicRecords
Lot Size SqFt:

9583.2
Lot Size Source:

PublicRecords
Additional Parcels:

true

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

3072.08
Tax Legal Description:

Lot 25, Block 14, HeightsReservoir

Beds

Bedrooms Total:

2

Baths

Total Baths:

1

Heating & Cooling

Heating:

Central,ForcedAir
Heating:

true
Cooling:

EvaporativeCooling
Cooling:

true

Utilities

Utilities:

ElectricityConnected,NaturalGasConnected,PhoneConnected,SewerConnected
Green Energy Generation:

None

Appliances

Appliances:

Refrigerator

The Community

Subdivision Name:

Heights Reservoir Addition

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
4/14/25 Apr 14, 2025	Pending	SWMLS	$519,335
4/9/25 Apr 9, 2025	Listed / Active	SWMLS	$519,335

Want a closer look?

Go see 308 Jefferson Street NE

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Albuquerque, NM

Similar sold homes

This multifamily located in Northeast Albuquerque, Albuquerque, NM 87108 is currently pending sale for $519,335. 308 Jefferson Street NE is a 2,680 square foot multifamily with 2 beds and 1 bath that has been on Estately for 6 days. 308 Jefferson Street NE is in the Northeast Albuquerque neighborhood of Albuquerque and has a WalkScore® of 78, making it very walkable. This multifamily is in the attendance area of Highland High School, Jefferson Middle School, and Zia Elementary School.

Listing Courtesy of: SWMLS and NM Apartment Advisors, Inc..

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.