3611 Tyson Place NE, Albuquerque, NM 87107
- 2 beds |
- 1 bath |
- 3,416 sqft
Multi-Family Home
Built in 1985
6,098sqft lot
—— car garage
$167/sqft
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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Hodgin Elementary School
3801 Morningside Dr NE, Albuquerque, NM, 87110
Grades PK-5
0.39 miles away
McKinley Middle School
4500 Comanche Rd NE, Albuquerque, NM, 87110
Grades 6-8
0.62 miles away
Del Norte High School
5323 Montgomery Blvd NE, Albuquerque, NM, 87109
Grades 9-12
1.41 miles away






