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3403 Anderson Avenue SE

Albuquerque, NM 87106

2 beds
1 bath
2,789 sqft
5,227 sqft lot
$181 per sqft
1979 build
– on site

The property is 100' from the Puerta Del Sol golf course and offers single story courtyard style units in spacious two bedroom / one bathroom configuration. Each unit is a large two bedroom, one bathroom unit.This is the first time this property has been offered for sale from the family of the architect, Allan G Elsik, Architect who was a well known local architect who poured his talent, energy and passion in this this community.The property is owned by an estate and they heir's do need to cash out.At the current average rents of $1,200, and an ask price of $504,852 the measures of investment performance include a price per unit of $168,284, price per square foot of $181.02, a GRM of 11.69, an after reserves cap rate of 6.32%.

Listing courtesy of SWMLS / NM Apartment Advisors, Inc.

Last checked: Checking… • Last updated Apr 8, 2025 •

MLS# 1081559 —

The Building

Year Built:

1979
Builder Name:

Unknown
New Construction:

false
Construction Materials:

Frame,Stucco
Stories:

1
Stories Total:

1
Levels:

One
Basement:

false
Building Area Total:

2789.0

Interior

Flooring:

SeeRemarks

Room Dimensions

Living Area:

2789.0

Location

Directions:

From I-25 and Central, east to Carlisle, south to Anderson, west to property and 1220 Wellesley SE/3403 Anderson SE
Latitude:

35.064081
Longitude:

-106.608449

The Property

Parcel Number:

101605640121341401
Property Type:

ResidentialIncome
Property Subtype:

Triplex
Property Subtype Additional:

Triplex
Property Condition:

Resale
Zoning Description:

R-MH*
Lot Size Acres:

0.12
Lot Dimensions Source:

PublicRecords
Lot Size SqFt:

5227.2
Lot Size Source:

PublicRecords
Additional Parcels:

true

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

2572.34
Tax Legal Description:

Lot 9, Blck 1, Rangeles Subdivision w/50ft of Lot 10

Beds

Bedrooms Total:

2

Baths

Total Baths:

1

Heating & Cooling

Heating:

Central,ForcedAir
Heating:

true
Cooling:

EvaporativeCooling
Cooling:

true

Utilities

Utilities:

ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Green Energy Generation:

None

Appliances

Appliances:

Refrigerator

The Community

Subdivision Name:

Rangeles Subdivision

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

Sale history

Date	Event	Source	Price	% Change
4/8/25 Apr 8, 2025	Listed / Active	SWMLS	$504,852

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This multifamily located in Southeast Albuquerque, Albuquerque, NM 87106 is currently for sale for $504,852. 3403 Anderson Avenue SE is a 2,789 square foot multifamily with 2 beds and 1 bath that has been on Estately for 7 days. 3403 Anderson Avenue SE is in the Southeast Albuquerque neighborhood of Albuquerque and has a WalkScore® of 46, making it car-dependent. This multifamily is in the attendance area of Wilson Middle School, Bandelier Elementary School, and Albuquerque High 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.