#1078578, Angelo Mora, Listing office: Caruso Realty, LLC
Property details
About 127 Garcia St NE
Stable cash-flowing property! This well-maintained 4-unit apartment complex features four spacious 2-bed, 1-bath units, consistently attracting tenants. Currently generating a gross annual income of $51,000 with an estimated NOI of $29,782, offering an attractive standalone cap rate of 7.94%. Must be sold together with the separately listed property at 126 Altez St. SE. MLS # 1078578. Both properties provide a combined cap rate of 8.14%. A strategic investment bundle in a strong rental market.Please see attached APOD's
Highlights
Home typeQuadruplex
HeatingCentral, Forced Air
StatusActive
CoolingEvaporative Cooling
Lot size0.19 Acres
Year built1977
MLS #1078579
Summary
- Appliances: Electric Range, Refrigerator
- Basement: No
- Flooring Type: See Remarks
- Total Bedroom Count: 2
- Heating: Central, Forced Air
- Cooling: Evaporative Cooling
- List Price: $360,000
- Annual Tax Amount: $1,451
- Tax Year: 2023
- Directions: East on Central, North on Garcia
- Year Built: 1977
- Stories: 2
- Lot Size: 0.19 Acres
- MLS Number: 1078579
- MLS Name: SWMLS
- Office Name: Caruso Realty, LLC
- Office Phone: (505) 275-1301
- Office Email: steve@carusorealty.net
- Listing Agent: Angelo Mora
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, 4:45:27 PM 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 | $55,355 | $1,451 |
| 2022 | $53,743 | $1,402 |
| 2021 | $52,178 | $1,122 |
| 2020 | $50,658 | $1,329 |
| 2019 | $49,183 | $2,034 |
| 2018 | $47,751 | $1,971 |
| 2017 | $46,360 | $1,971 |
History based on county public records data.
Nearby schools
4
Hawthorne Elementary School
Public District PK-5
0.4 mi
•420 General Somervell St NE
4
Tomasita Elementary School
Public District KG-5
0.9 mi
•701 Tomasita St NE
4
Sandia Base Elementary School
Public District KG-5
1.0 mi
•21001 Wyoming SE Kafb East
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 $21,716. The most common annual income of people living in Albuquerque, NM is less than $<35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
75%
<35k
20%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
43%
Single, No Kids
22%
Single, with Kids
19%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
36%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 127 Garcia St NE
The listing price of 127 Garcia St NE property is $360,000.
The property 127 Garcia St NE is a multi located in Albuquerque, New Mexico, 87123.
Active Listing: 127 Garcia St NE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 127 Garcia St NE are: Hawthorne Elementary School (GreatSchools Rating 4/10), Tomasita Elementary School (GreatSchools Rating 4/10), Sandia Base Elementary School (GreatSchools Rating 4/10), Kennedy Middle School (GreatSchools Rating 3/10), Grant Middle School (GreatSchools Rating 4/10), Hayes Dual Language Magnet Middle School (GreatSchools Rating 3/10), Gilbert L Sena Charter High School (GreatSchools Rating 1/10), Technology Leadership High School (GreatSchools Rating 2/10), Manzano High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $1,451 (source: MLS/based on county public records data).
The year of construction for 127 Garcia St NE is 1977.
This home is located at 127 Garcia St NE in Albuquerque, NM and zip code 87123 in the South Los Altos neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $360,000.
In June 2025 more than 122 listings in Albuquerque, NM were sold above the asking price. During the same period more than 164 listings were sold at asking price, while more than 297 were sold below. In June 2025 in Albuquerque, NM there were 8.4% less homes for sale than in May. In June 2025 median list price was $349,331 and the average listing age was 28 days.
From Rocket Homes Real Estate and based on county public records data.