$600,000

2925 Palo Verde Dr NE Albuquerque, NM 87122

$7,125
Closing credit¹
2 beds
2 baths
3,437 sqft
0.2 acres
$175 / sqft
Multi-Family

Property details

About 2925 Palo Verde Dr NE

Rare triplex opportunity in an ideal foothills location! The largest unit (1,665 sq ft) is owner-occupied, featuring 2 bedrooms, 2 bathrooms, and a 2-car garage. Enjoy an open floor plan, a cozy fireplace, and an updated kitchen w/ stainless steel appliances. The backyard boasts a covered patio w/ stunning sunset and city views!The additional units, both 2 bedrooms and 1 bathroom, offer unique features--one includes a patio, while the other has a spacious, private backyard. Each unit has dedicated parking spots. Unit B's lease expires on June 1, 2025, and Unit C will be vacant in May 2025, providing an excellent chance for a new owner to update, move in, or lease out all three units to new tenants!Brand new TPO roof installed in 2024, along with all new windows, both w/ warranties.

Highlights

Home typeTriplex
HeatingCentral, Forced Air, Wall Furnace
StatusActive
CoolingEvaporative Cooling, Ceiling Fan(s)
Size3,437 sqft
Lot size0.2 Acres
Year built1978
MLS #1079421
FireplaceOption

Virtual tour

Summary

  • MLS Number: 1079421
  • MLS Name: SWMLS
  • Office Name: Keller Williams Realty
  • Office Phone: (505) 271-8200
  • Office Email: info@welcomehomeabq.com
  • Listing Agent: Vertical Real Estate

IDXThe 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: 3/14/2025, 5:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring a garage, uncovered parking, fence, and stucco siding

$600,000

2925 Palo Verde Dr NE

$7,125

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$51,979$2,135
2022$50,466$2,061
2021$48,996$1,989
2020$47,569$1,954

History based on county public records data.

Nearby schools

6

John Baker Elementary School

Public District KG-5

0.7 mi

12015 Tivoli Ave NE Ste B

8

Onate Elementary School

Public District KG-5

0.8 mi

12415 Brentwood Hills Blvd NE

3

Matheson Park Elementary School

Public District PK-5

1.3 mi

10809 Lexington Ave NE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $67,411. Residents of Albuquerque, NM typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

18%
<35k
54%
35k-100k
26%
100k-200k
2%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

51%
Single, No Kids
9%
Single, with Kids
29%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
7%
12-17 yrs old
20%
18-34 yrs old
45%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Live TheatreLive Theatre
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • Boston MarketBoston Market
  • StarbucksStarbucks

What do the neighbors drive?

  • VolvoVolvo
  • MercedesMercedes
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • JazzJazz
All data provided by Home Junction and Claritas

This home is located at 2925 Palo Verde Dr NE in Albuquerque, NM and zip code 87112 in the Cibola neighborhood. This 3,437 square foot home, which was built in 1978, sits on a 0.20 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $600,000.

Albuquerque, NM housing market in February 2025 saw over 76 listings sold above listed price, more than 135 sold at listed price and over 207 sold below. Between January and February 2025, Albuquerque, NM real estate market has seen decrease in the number of listings by 9.4%. While the average time on the market in February 2025 was 45 days, the median list price was $349,921.

From Rocket Homes Real Estate and based on county public records data.

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