$10,000 Closing Credit¹
#1082210, Sean N. Kesani, Listing Office: Coldwell Banker Legacy
$265,000 List price
123 46th St SW Albuquerque, NM 87105
$3,147
Closing credit¹
2 beds
1 bath
0.2 acres
Multi-Family
Property details
About 123 46th St SW
Investment Opportunity - Centrally Located TriplexUnlock the potential of this centrally located triplex, perfectly positioned near shops, restaurants, and public transit--an ideal setup for strong rental demand.This property features three distinct units and offers significant value-add potential through renovation. Whether you're looking to generate immediate rental income, pursue a fix-and-flip strategy, or occupy one unit while leasing the others, this asset offers flexibility and upside.With location, layout, and income potential on your side, this is an opportunity savvy investors won't want to miss.
Highlights
Home typeTriplex
HeatingCentral, Forced Air, Wall Furnace
StatusActive
CoolingEvaporative Cooling
Lot size0.17 Acres
Year built1926
MLS #1078868
Summary
- Appliances: Gas Range, Refrigerator
- Basement: No
- Flooring Type: Laminate, Tile
- Total Bedroom Count: 2
- Heating: Central, Forced Air, Wall Furnace
- Cooling: Evaporative Cooling
- List Price: $265,000
- 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: 1078868
- MLS Name: SWMLS
- Office Name: The M Real Estate Group
- Office Phone: (505) 247-1002
- Office Email: thomas@mregrp.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: 5/11/2025, 4:20:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$265,000
123 46th St SW
$3,147
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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. Typical income of Albuquerque, NM residents is less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
50%
<35k
46%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
39%
Single, No Kids
24%
Single, with Kids
16%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
34%
35-64 yrs old
8%
65+ yrs old
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
All data provided by Home Junction and Claritas
Similar homes for sale
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 March 3, 2025 and is currently priced at $265,000.
Albuquerque, NM housing market in April 2025 saw over 116 listings sold above listed price, more than 170 sold at listed price and over 276 sold below. The number of listings in Albuquerque, NM decreased by 10.5% between March and April 2025. The median list price of listings available in April 2025 was $349,957, while the average time on the real estate market was 30 days.
From Rocket Homes Real Estate and based on county public records data.