Property details
About 123 46th St SW
Calling All Investors: Value-Add Triplex with Immediate Income PotentialThis centrally located triplex is a prime opportunity to build equity and generate steady rental income. The main house offers a solid structure and a blank canvas, ideal for value-adding renovations to boost returns or resale value. The two additional units are in leasable condition and can start producing income quickly with minimal updates.Whether you're looking for a fix-and-hold, house-hack, or multi-unit flip, this property offers the flexibility and upside smart investors seek. With strong rental demand in the area and proximity to shops, restaurants, and public transit, this is a strategic addition to any investment portfolio.
Highlights
Summary
- Appliances: Electric Range, Refrigerator
- Basement: No
- Flooring Type: Carpet Free, Laminate, Tile
- Total Bedroom Count: 2
- Heating: Wall Furnace
- Cooling: Evaporative Cooling
- List Price: $235,000
- Annual Tax Amount: $2,400
- Tax Year: 2023
- Directions: Go on I-40 W to Rio Grande, to Central west across the river to 46th st. south
- Year Built: 1926
- Stories: 1
- Lot Size: 0.17 Acres
- MLS Number: 1086925
- MLS Name: SWMLS
- Office Name: Elevate New Mexico Realty
- Office Phone: (505) 239-2610
- Office Email: sonia@elevatenmrealty.com
- Listing Agent: Leila E. Giron
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 8:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $49,195 | $2,400 |
| 2022 | $49,195 | $2,341 |
| 2021 | $23,186 | $1,099 |
| 2020 | $22,511 | $1,079 |
| 2019 | $21,855 | $1,011 |
| 2018 | $21,219 | $975 |
| 2017 | $20,601 | $975 |
History based on county public records data.
Nearby schools
2
Valle Vista Elementary School
Public District PK-5
0.6 mi
•1700 Mae Ave SW
3
Lavaland Elementary School
Public District PK-5
1.0 mi
•501 57th St NW
2
Reginald Chavez Elementary School
Public District KG-5
1.2 mi
•2700 Mountain Rd NW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,170. The majority of Albuquerque, NM residents have income less than $<35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Mexican League Soccer
NHRA Drag Racing
Basketball
Where do the neighbors shop?
Burlington
Big Lots
Ross Dress For Less
Where do the neighbors go to eat?
Church's Chicken
Golden Corral
Jasons Deli
What do the neighbors drive?
Chevrolet
Kia
Acura
What do the neighbors listen to?
Urban Adult Contemporary
Adult Standards- Rhythmic Contemporary Hits
Frequently asked questions
About 123 46th St SW
The listing price of 123 46th St SW property is $235,000.
The property 123 46th St SW is a multi located in Albuquerque, New Mexico, 87105.
Active Listing: 123 46th St SW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 123 46th St SW are: Valle Vista Elementary School (GreatSchools Rating 2/10), Lavaland Elementary School (GreatSchools Rating 3/10), Reginald Chavez Elementary School (GreatSchools Rating 2/10), John Adams Middle School (GreatSchools Rating 5/10), Vision Quest Alternative Middle School (GreatSchools Rating 2/10), Washington Middle School (GreatSchools Rating 4/10), Mark Armijo Academy (GreatSchools Rating 1/10), School on Wheels High School (GreatSchools Rating 1/10), Tierra Adentro (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $2,400 (source: MLS/based on county public records data).
The year of construction for 123 46th St SW is 1926.
This home is located at 123 46th St SW in Albuquerque, NM and zip code 87105 in the Southwest Albuquerque neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $235,000.
While more than 122 listings in Albuquerque, NM in June 2025 were sold above asking price, there were more than 164 listings sold at asking price, and more than 297 were sold below. The number of listings in Albuquerque, NM decreased by 8.4% between May and June 2025. The median list price of listings available in June 2025 was $349,331, while the average time on the real estate market was 28 days.