213 63rd St NW Albuquerque, NM 87105
Property details
About 213 63rd St NW
Introducing the Four-plex at 213 63rd St. These are 4 one bath one-bedroom units located close to shopping, restaurants, and freeway access, I40. The units have an open floor plan, renovated kitchens and bathrooms, in the recent past. Great starter property, the CAP rate based on current rents of $750 per unit is 5.46, market rents, or FMR are $1050 per unit. At $875 per unit yields a return of over a 7 CAP, without pushing rents to their maximum. And this leaves room to grow to a 9 CAP. This property is priced at $137.50 per sq ft, $82,475 per unit. Well below market, with construction costs running at $200 to $250 per ft, and units selling at $100,000 to $150,000 per door. This is a bargain, seller is leaving the state, and wants this sold.
Highlights
Summary
- MLS Number: 1056742
- MLS Name: SWMLS
- Office Name: T & C Management, LLC
- Office Phone: (505) 268-1181
- Office Email: csheldon@tandcmanagement.com
- Listing Agent: Charles V Sheldon
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: 4/25/2025, 10:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$339,900
213 63rd St NW
$4,036
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 10, 2004 | Home Sold | $114,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $64,814 | $2,769 |
| 2022 | $62,927 | $2,676 |
| 2021 | $61,094 | $2,586 |
| 2020 | $45,685 | $1,959 |
| 2019 | $44,354 | $1,834 |
| 2018 | $43,062 | $1,849 |
| 2017 | $43,495 | $1,849 |
History based on county public records data.
Nearby schools
3
Lavaland Elementary School
Public District PK-5
0.6 mi
•501 57th St NW
3
Alamosa Elementary School
Public District PK-5
0.8 mi
•6500 Sunset Gardens Rd SW
2
Valle Vista Elementary School
Public District PK-5
1.5 mi
•1700 Mae Ave SW
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 $32,283. Most Albuquerque, NM residents have annual incomes less than $<35k. The majority of 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?
UFC
NHRA Drag Racing
Mexican League Soccer
Where do the neighbors shop?
Family Dollar
Big Lots
Burlington
Where do the neighbors go to eat?
Burger King
Golden Corral
Church's Chicken
What do the neighbors drive?
Buick
Kia
Chevrolet
What do the neighbors listen to?
Urban Contemporary
Adult Standards- Urban Adult Contemporary
This home is located at 213 63rd St NW in Albuquerque, NM and zip code 87105 in the West Mesa neighborhood. This 2,160 square foot home, which was built in 1984, sits on a 0.16 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 7, 2024 and is currently priced at $339,900.
Albuquerque, NM housing market in March 2025 saw over 120 listings sold above listed price, more than 155 sold at listed price and over 265 sold below. The number of listings in Albuquerque, NM decreased by 3.6% between February and March 2025. In March 2025 median list price was $349,990 and the average listing age was 37 days.