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412 Tennessee Street NE

Albuquerque, NM 87108
  • $225,000
  • STATUS: Active
  • ON SITE: 61 Days
  • MLS #: 1098178
Price Reduced
UPDATED: 50 min ago
$225,000
  • 3
    BEDS
  • 0.15
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,582
    SQFT
  • $142
    $/SQFT
Neighborhood:
70 - Fairgrounds
Type:
Multi-Family
Built:
1958
County:
Bernalillo
Area:
70 - Fairgrounds

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Description

Great investment opportunity! Units A & B have been remodeled and feature electric baseboard heat (Unit A also includes a gas wall furnace). Both units offer gas and electric stove hookups, electric hot water heaters, and washer hookups with a 220-volt outlet for an electric dryer. Units are individually metered.There are Security guards on doors and windows which add peace of mind. Peace of mind for investors: gas, electric, and water systems have been newly updated to meet current code requirements, and the property has no back taxes. Both Unit A and Unit B are rent-ready, making this a great opportunity for immediate cash flow.Unit C is ready for a total remodel--for another unit or storage, ideal value-add potential to increase rents and overall returns.

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IDX information © 2026 The Southwest Multiple Listing Service, Inc. 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. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2026-04-14T11:05:06.203.
www.albuquerquerealestateservices.com/homes/172972610
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412 Tennessee Street NE Albuquerque, NM 87108

  • Price: $225,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 50 min ago
  • MLS #: 1098178
3
Beds
3
Baths
0
½ Baths
0.15
Acres
1,582
SQFT
$142
$/SQFT
1958
Built
Neighborhood:
70 - Fairgrounds
County:
Bernalillo
Area:
70 - Fairgrounds
Property Description
Great investment opportunity! Units A & B have been remodeled and feature electric baseboard heat (Unit A also includes a gas wall furnace). Both units offer gas and electric stove hookups, electric hot water heaters, and washer hookups with a 220-volt outlet for an electric dryer. Units are individually metered.There are Security guards on doors and windows which add peace of mind. Peace of mind for investors: gas, electric, and water systems have been newly updated to meet current code requirements, and the property has no back taxes. Both Unit A and Unit B are rent-ready, making this a great opportunity for immediate cash flow.Unit C is ready for a total remodel--for another unit or storage, ideal value-add potential to increase rents and overall returns.
Exterior Features

Construction Materials Frame Levels One Parking Total 6 Stories Total 1

Interior Features

Cooling Evaporative Cooling Cooling YN Yes Flooring Concrete Tile Heating Electric Wall Furnace Heating YN Yes Laundry Features Electric Dryer Hookup

Property Features

Builder Name unknown Building Area Total 1582 Community Features Gated Storage Facilities Green Energy Generation None Listing Agreement Exclusive Right To Sell Listing Terms Cash New Construction YN No Owner Pays Other See Remarks Property Condition Resale Property Sub Type Triplex Property Sub Type Additional Triplex Tax Annual Amount 2189 Tenant Pays Other See Remarks Total Actual Rent 0 Utilities Cable Available Electricity Connected Natural Gas Connected Phone Available Sewer Connected Water Connected Zoning Description R- ML*

Southwest MLS] logo Listing courtesy of Chaves & Clark Real Estate LLC: (505) 764-8700. © 2026 Southwest Multiple Listing Service, Inc.


IDX information © 2026 The Southwest Multiple Listing Service, Inc. 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. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2026-04-14T11:05:06.203.
 
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Rush Real Estate Group | Realty One of New Mexico
8500 Menaul Blvd. NE, Suite A-240
Albuquerque NM, 87112