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$570,000
2 Beds
1 Bath
3,416sqft
3611 Tyson Pl Ne, Albuquerque, NM 87107
$570,000
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Quadruplex
Built in 1985
$-- HOA
6,098 sqft lot
$167/sq.ft
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.
- Houzeo last checked: 36 Minutes ago
- Listing updated: January 14, 2026 at 9:32 am
- Listing Provided by: Todd D Clarke (505) 440-8633 DRE #13711 | NM Apartment Advisors, Inc. (505) 440-8633
- Source: Greater Albuquerque AOR (SWMLS) MLS-NV | MLS#: 1096690
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1985
HOA Fees
-
Finished Area
3,416 sqft
Lot Size
6,098 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1096690
MLS Status
Active
Days on Market
20
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