Albuquerque, NM 87108,134 S Rhode Island ST SE
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Albuquerque, NM 87108,134 S Rhode Island ST SE
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Listed by Berger Briggs RE & Prop Mgmt
$ 450,000
Est. payment /mo
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Active

134 S Rhode Island ST SE Albuquerque, NM 87108

2 Beds

1 Bath

3,060 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,060 sqft

Price per Sqft $147

Subdivision Of Unity Add

MLS Listing ID 1094441

Bedrooms 2

Construction Status Resale

HOA Y/N No

Year Built 1980

Annual Tax Amount $2,813

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions Appraiser

Property Sub-Type Quadruplex

Property Description

Priced at $450,000, 134 Rhode Island St SE is a two-story fourplex located in Southeast Albuquerque. This 3,060 sq. ft. property offers four (4) 2-bedroom, 1-bathroom units on a 0.155-acre lot and is located near Central Ave, Zuni Rd, and major arterial routes, making it attractive to long-term renters.The property has a projected gross income of $57,000 annually, with a 5% vacancy allowance ($54,000). With estimated annual operating expenses of $20,700, the pro forma net operating income (NOI) is approximately $33,400, yielding a projected cap rate of 7.42%, with a 27.52% IRR with a five-year hold.

Location

State NM

County Bernalillo

Area 71 - Southeast Heights

Interior

Heating Central, Forced Air

Cooling Evaporative Cooling

Flooring Tile, Vinyl, Wood

Fireplace No

Appliance Refrigerator

Exterior

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Total Parking Spaces 4

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Resale

Others

Tax ID 101905731802440207

Acceptable Financing Cash, Owner May Carry

Green/Energy Cert None

Listing Terms Cash, Owner May Carry


SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Southwest Primary Learning Center

    Public | 4 - 6

  • 8

    Inez Elementary School

    Public | PK - 5

  • 8

    Sandia Base Elementary School

    Public | KG - 6

  • 7

    Matheson Park Elementary School

    Public | KG - 5

  • 6

    Zia Elementary School

    Public | PK - 5

  • 6

    Mark Twain Elementary School

    Public | PK - 5

  • 6

    Mc Collum Elementary School

    Public | PK - 5

  • 6

    Manzano Mesa Elementary School

    Public | KG - 5

  • 5

    Zuni Elementary School

    Public | KG - 5

  • 5

    Bellehaven Elementary School

    Public | PK - 5

  • 5

    Collet Park Elementary School

    Public | PK - 5

  • 4

    Bel-Air Elementary School

    Public | PK - 5

  • 4

    La Mesa Elementary School

    Public | PK - 5

  • 4

    Tomasita Elementary School

    Public | KG - 5

  • 4

    Acoma Elementary School

    Public | KG - 5

  • 3

    Sombra del Monte Elementary School

    Public | PK - 5

  • 3

    Eubank Elementary School

    Public | PK - 5

  • 1

    Whittier Elementary School

    Public | KG - 5

  • 1

    Emerson Elementary School

    Public | KG - 5

  • 1

    Wherry Elementary School

    Public | PK - 5

Middle Schools 15
  • 9

    Southwest Intermediate Learning Center

    Public | 7 - 8

  • 9

    Southwest Secondary Learning Center

    Public | 7 - 12

  • 8

    Public Academy for Performing Arts

    Public | 6 - 12

  • 7

    Media Arts Collaborative Charter

    Public | 6 - 12

  • 7

    Jackson Middle School

    Public | 6 - 8

  • 7

    Sw Aeronautics Mathematics and Science Academy

    Public | 7 - 12

  • 5

    Native American Community Academy

    Public | 6 - 12

  • 5

    Grant Middle School

    Public | 6 - 8

  • 3

    Wilson Middle School

    Public | 6 - 8

  • 3

    Bataan Charter School

    Public | 8 - 12

  • 2

    Van Buren Middle School

    Public | 6 - 8

  • 1

    Hayes Middle School

    Public | 6 - 8

  • 1

    Kennedy Middle School

    Public | 6 - 8

  • 0

    New Futures School

    Public | 7 - 12

  • 0

    Vision Quest Alternative Middle School

    Public | 6 - 8

High Schools 9
  • 8

    Sandia High School

    Public | 9 - 12

  • 4

    Highland High School

    Public | 9 - 12

  • 4

    Ecademy Virtual High School

    Public | 9 - 10

  • 3

    Gilbert L Sena Charter High School

    Public | 9 - 12

  • 2

    The Alb Talent Development Charter

    Public | 9 - 12

  • 1

    Cesar Chavez Community School

    Public | 9 - 12

  • 0

    Freedom High School

    Public | 10 - 12

  • 0

    Early College Academy

    Public | 9 - 12

  • 0

    Sierra Alternative

    Public | 9 - 12

School and business data provided by Attom Data.
Stephanie Romisher Webb

Stephanie Romisher Webb

OWNER| QUALIFYING BROKER | License ID: REC-2025-0973

+1(505) 628-0311

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Keldrovia provides administrative contract-to-close transaction coordination services and does NOT provide legal or tax advise.

Stephanie Romisher-Webb is a New Mexico-licensed Real Estate Broker. From time to time, and only when a past or existing client specifically requests her by name, she may represent that client in the purchase or sale of real property. 

All other buyers and sellers who inquire through this website may be referred to another licensed real estate brokerage through a broker-to-broker referral arrangement, in accordance with state law.  

By submitting this form, you agree that you may be contacted by phone, email, or text regarding transaction coordination services, real estate brokerage services provided by a licensed broker, or broker-to-broker referrals. 

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134 S Rhode Island ST SE