1 of 35

Want to see this property?

530 Tennessee Street NE

Albuquerque, NM 87108

2 beds
1 bath
3,592 sqft
6,969 sqft lot
$126 per sqft
1985 build
– on site

Each unit contains a large two bedroom, one bathroom unit with fireplace and each building has a laundry facility. A recently vacated unit is available for an owner-occupant and with an ask price of the current average rents of $1,050, and an ask price of $453,550 the measures of investment performance include a price per unit of $113,387, price per square foot of $126.27, a GRM of 9.00, an after reserves cap rate of 6.50%.If rents are raised to the market average of $1,300, the measures of investment performance improve to a before reserves cap rare of 8.47%.The property is well located at 530 Tennessee NE and is close to grocery stores, Uptown, University area and so much more. The property is also across the street from the Mesa Verde park and the Community Center

Listing courtesy of SWMLS / NM Apartment Advisors, Inc.

Last checked: Checking… • Last updated Apr 2, 2025 •

MLS# 1081214 —

The Building

Year Built:

1985
Builder Name:

Unknown
New Construction:

false
Construction Materials:

Brick,BrickVeneer,Frame,Stucco
Stories:

2
Stories Total:

2
Levels:

Two
Basement:

false
Accessibility Features:

None
Building Area Total:

3592.0

Interior

Flooring:

Carpet,Vinyl
Fireplace:

true

Room Dimensions

Living Area:

3592.0

Location

Directions:

From Louisiana and Lomas, east to Tennessee, south to property.
Latitude:

35.08283
Longitude:

-106.556548

The Property

Parcel Number:

101905736137010331
Property Type:

ResidentialIncome
Property Subtype:

Quadruplex
Property Subtype Additional:

Quadruplex
Property Condition:

Resale
Zoning Description:

R-ML*
Lot Size Acres:

0.16
Lot Dimensions Source:

PublicRecords
Lot Size SqFt:

6969.6
Lot Size Source:

PublicRecords

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

3542.82
Tax Legal Description:

Lot A1, Bock 35 Mesa Verde Addition

Beds

Bedrooms Total:

2

Baths

Total Baths:

1

Heating & Cooling

Heating:

Central,ForcedAir
Heating:

true

Utilities

Utilities:

CableConnected,ElectricityConnected,NaturalGasConnected,PhoneConnected,SewerConnected,WaterConnected
Green Energy Generation:

None

Appliances

Appliances:

Refrigerator

The Community

Subdivision Name:

Mesa Verde 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

Sale history

Date	Event	Source	Price	% Change
4/2/25 Apr 2, 2025	Listed / Active	SWMLS	$453,550

Multifamily For Sale

$453,550

Listing provided by broker:

Todd Clarke

NM Apartment Advisors, Inc.

Want a closer look?

Go see 530 Tennessee 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 for sale for $453,550. 530 Tennessee Street NE is a 3,592 square foot multifamily with 2 beds and 1 bath that has been on Estately for 1 days. 530 Tennessee Street NE is in the Northeast Albuquerque neighborhood of Albuquerque and has a WalkScore® of 46, making it car-dependent. This multifamily is in the attendance area of Hayes Dual Language Magnet Middle School, La Mesa Elementary School, and Highland 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.