$570,000

3611 Tyson Place NE, Albuquerque, NM 87107

  • 2 beds |
  • 1 bath |
  • 3,416 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1985
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $167/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Pending
Date Added:
January 13, 2026
Data Last Updated:
February 16, 2026 at 2:18AM
Listing Office:
NM Apartment Advisors, Inc. : (505) 440-8633
Listing Agent:
Todd D Clarke : (505) 440-8633
MLS ID:
1096690
  • Appliances: Refrigerator
  • Flooring: CarpetTile
  • A/C: Evaporative Cooling
  • Heating: CentralForced Air
  • Eco/Green Feature: None
  • Parking: Parking spaces: 6
  • General: FrameStucco2
  • Originating MLS: SWMLS_SWMLS
  • County: Bernalillo
  • Zoning: Lot 1Block 1Amended Plat Of Torr Addn101606048819141008
  • Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
  • Source: SWMLS_SWMLS

This listing courtesy of Todd D Clarke , NM Apartment Advisors, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hodgin Elementary School

3801 Morningside Dr NE, Albuquerque, NM, 87110

Grades PK-5

0.39 miles away

M

McKinley Middle School

4500 Comanche Rd NE, Albuquerque, NM, 87110

Grades 6-8

0.62 miles away

D

Del Norte High School

5323 Montgomery Blvd NE, Albuquerque, NM, 87109

Grades 9-12

1.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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