$5,344 Closing Credit¹
#1073789, John C Foster, Listing Office: Realty One of New Mexico
$425,000 List price
3421 Eastern Ave SE Albuquerque, NM 87108
$5,047
Closing credit¹
2 beds
1 bath
2,700 sqft
0.2 acres
$157 / sqft
Multi-Family
Property details
About 3421 Eastern Ave SE
Fully occupied, updated four plex featuring all two bedroom, one bath units. Units 1,2, & 4 have been renovated with new bedroom flooring, new kitchen cabinets and counter tops and stackable washer dryer units. Current numbers with a 5% vacancy allowance, and a 5% maintenance allowance results in a CAP rate of 8.8 and GRM or 8.29. If rents were raised to market rate of $1222.00 a CAP of 11.04 and GRM of 6.99 would be achieved
Highlights
Home typeQuadruplex
HeatingWall Furnace
StatusActive
CoolingEvaporative Cooling
Size2,700 sqft
Lot size0.16 Acres
Year built1960
MLS #1072248
Summary
- MLS Number: 1072248
- MLS Name: SWMLS
- Office Name: ABQ Properties LLC
- Office Phone: (505) 717-3002
- Office Email: billsellsabq@gmail.com
- Listing Agent: Frederick Reed
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: 3/4/2025, 9:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$425,000
3421 Eastern Ave SE
$5,047
closing credit¹
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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 | $76,226 | $3,257 |
| 2022 | $76,226 | $3,242 |
| 2021 | $57,726 | $2,444 |
| 2020 | $56,045 | $2,404 |
| 2019 | $54,413 | $2,250 |
| 2018 | $52,828 | $2,207 |
| 2017 | $51,908 | $2,207 |
History based on county public records data.
Nearby schools
3
Kirtland Elementary School
Public District PK-5
0.3 mi
•3530 Gibson Blvd SE
6
Bandelier Elementary School
Public District KG-5
0.7 mi
•3309 Pershing Ave SE
4
Whittier Elementary School
Public District PK-5
1.1 mi
•1110 Quincy St SE
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 $28,394. Most Albuquerque, NM residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
65%
<35k
30%
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?
57%
Single, No Kids
20%
Single, with Kids
8%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
8%
12-17 yrs old
34%
18-34 yrs old
32%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Popeyes
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
News
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 3421 Eastern Ave SE in Albuquerque, NM and zip code 87106 in the Southeast Albuquerque neighborhood. This 2,700 square foot home, which was built in 1960, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $425,000.
In February 2025, from all listings sold in Albuquerque, NM there were more than 76 sold above asking price, over 207 sold below and more than 135 were sold right at the asked price. The number of listings in Albuquerque, NM decreased by 9.4% between January and February 2025. In February 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $349,921.
From Rocket Homes Real Estate and based on county public records data.