$4,749 Closing Credit¹
#1077330, Denise Long, Listing Office: Brokerage of New Mexico
$532,190 List price
421 Harvard Dr SE Albuquerque, NM 87106
$6,320
Closing credit¹
1 bed
1 bath
1,856 sqft
0.2 acres
$287 / sqft
Multi-Family
Property details
About 421 Harvard Dr SE
Units are separately metered - gas and electric. Units A and B share a private, recently updated laundry room. 421 1/2 has its own washer / dryer. Residents love the romantic atmosphere and artisan work around every corner - stained glass accents, custom wood work, built-ins, Talavera tile, meandering pathways, and extensive garden areas. Top UNM market rents come easily with plenty of room for simple value add.Measures of investment performance at ask price of $532,190 and current average rent of $1,255 are a GRM of 12.14, a 5.89% cap rate, $177,397 per unit, 286/sf and an after tax IRR of 13.8%. Properties like this, in a market where amazing job growth from all of the new Netflix, Facebook, Intel and Amazon jobs, go quickly. Do not wait as you will be honored to own this one
Highlights
Home typeTriplex
HeatingCentral, Forced Air
StatusActive
CoolingEvaporative Cooling
Size1,856 sqft
Lot size0.16 Acres
Year built1925
MLS #1040188
Summary
- MLS Number: 1040188
- MLS Name: SWMLS
- Office Name: NM Apartment Advisors, Inc.
- Office Phone: (505) 440-8633
- Office Email: tclarke@nmapartment.com
- Listing Agent: Todd D Clarke
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, 8:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$532,190
421 Harvard Dr SE
$6,320
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 | $101,891 | $4,354 |
| 2022 | $98,923 | $4,207 |
| 2021 | $57,811 | $2,193 |
| 2020 | $56,128 | $2,150 |
| 2019 | $54,493 | $1,998 |
| 2018 | $52,907 | $1,929 |
| 2017 | $51,366 | $1,929 |
History based on county public records data.
Nearby schools
6
Bandelier Elementary School
Public District KG-5
0.8 mi
•3309 Pershing Ave SE
3
Lowell Elementary School
Public District KG-5
0.9 mi
•1700 Sunshine Ter SE
6
Monte Vista Elementary School
Public District KG-5
0.9 mi
•3211 Monte Vista Blvd NE
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 $25,921. The majority of Albuquerque, NM residents have income less than $<35k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
73%
<35k
27%
35k-100k
0%
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?
85%
Single, No Kids
6%
Single, with Kids
7%
Married, No Kids
2%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
3%
12-17 yrs old
60%
18-34 yrs old
30%
35-64 yrs old
2%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Music Concerts
Where do the neighbors shop?
H&M
Burlington
IKEA
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 421 Harvard Dr SE in Albuquerque, NM and zip code 87106 in the Southeast Albuquerque neighborhood. This 1,856 square foot home, which was built in 1925, sits on a 0.16 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 23, 2023 and is currently priced at $532,190.
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. The inventory of homes for sale in Albuquerque, NM between January and February 2025 decreased by 9.4%. 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.