3611 Tyson Place NE, Albuquerque, NM 87107 (MLS # 1096690)
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Located at 3611 Tyson NE, this fourplex has spacious two bedroom, one bathroom units with fireplaces and a common area laundryThis fourplex and the larger portfolio is offered at the value of recent appraisals and is an amazing opportunity to invest in a growing economy.At the ask price $570,000 and of based on the current average rents of $1,393 per month, the property's measures of investment performance include a 8.53 GRM, 6.84% cap rate before reserves, before tax IRR of 15.1% and an after-tax IRR of 12.9%. If rents were raised to market average of $1,500, and even with a potential twofold increase in property taxes in 2027-2028.
| DAYS ON MARKET | 9 | LAST UPDATED | 1/13/2026 |
|---|---|---|---|
| TRACT | Amended Plat Of Torr Addn | YEAR BUILT | 1985 |
| COMMUNITY | 41 - Uptown | COUNTY | Bernalillo |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Evaporative Cooling |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Refrigerator |
| AREA | 41 - Uptown |
| CONSTRUCTION | Frame, Stucco |
| HEAT | Central, Forced Air |
| LOT | 6098 sq ft |
| STORIES | 2 |
| SUBDIVISION | Amended Plat Of Torr Addn |
| TAXES | 3109.56 |
| UTILITIES | Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| ZONING | R-ML* |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
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*Estimate only
Listed with NM Apartment Advisors, Inc.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
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