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Listed price in listed location currency (USD).
$324,655

540

MLS® 1101906

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2760 sqft
Garage 
Taxes $1,855
Days Active 6
Lot Size 
Approx. Age 1958
Avg. Price Per Sqft $117
MLS® Number 1101906

Property Address: 240 San Pablo St Ne, Albuquerque, NM, 87108-5707

Average square foot calculated using Size range provided by listing agent.

Description

4-unit multifamily investment located in a rapidly improving corridor of Northeast Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a high cap rate, strong cash-on-cash returns, and durable demand from long-term workforce tenants. The surrounding neighborhood has seen substantial momentum, including a brand-new public library and park, along with ongoing residential and mixed-use construction nearby. These improvements support long-term appreciation while maintaining strong rental demand. The asset is a C-class, workforce housing property, which historically performs well through market cycles due to affordability, necessity-driven demand, and tenant longevity. Current tenants are stable, long-term residents.
MLS® Number1101906
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1958
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 17, 2026List Date
$324,655List Price
  • Commute

Commute

Starting Address
Destination Address
240 San Pablo St Ne, Albuquerque, NM

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