$399,900

408 Rainbow Court SE, Albuquerque, NM 87123

8 beds |
4 baths |
3,760 sqft

Multi-Family Home
Built in 1979
8,276sqft lot
—— car garage
$106/sqft
Listed 1 month ago

Property Description

Calling all Investors! Southeast Heights 4 Plex, Situated on a quiet cul-de-sac, now available to add to your portfolio! 3 Fully rented and refurbished, 2 bedroom and 1 bathroom units with either a balcony or yard. 1 vacant unit to be rented out! Assigned parking spaces! Great location close to restaurants, shopping and more!

Listing Status:: Pending
Date Added:: March 4, 2026
Data Last Updated:: April 4, 2026 at 2:17PM
Listing Office:: The Maez Group : (505) 718-4980
Listing Agent:: Joseph E Maez : (505) 515-1719
MLS ID:: 1099252

General: Ceiling Fan(s)
Appliances: Free-Standing Electric RangeRefrigerator
Laundry: Washer HookupDryer HookupIn Unit
Flooring: CarpetTile
A/C: Evaporative CoolingCeiling Fan(s)
Heating: Forced Air
Fireplace: Fireplace
Disability Feature: None
Eco/Green Feature: None

General: Lighting

General: Frame2

Originating MLS: SWMLS_SWMLS
County: Bernalillo

Zoning: 102205626426320412

Utilities: Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Source: SWMLS_SWMLS

This listing courtesy of Joseph E Maez , The Maez Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Apache Elementary School

12800 Copper Ave NE, Albuquerque, NM, 87123

Grades PK-5

0.97 miles away

Kennedy Middle School

721 Tomasita St NE, Albuquerque, NM, 87123

Grades 6-8

1.66 miles away

Manzano High School

12200 Lomas Blvd NE, Albuquerque, NM, 87112

Grades 9-12

1.43 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.