Check Availability
$488,000
↓ $10K (2%)
Multifamily - For Sale

3901 Thaxton Avenue SE

Albuquerque, NM 87108
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1795 Sqft
$2,624
Estimated Monthly
1.86%
Cap Rate

About This Property

Introducing, ''The Thaxtons''  an outstanding investment opportunity in a desirable SE ABQ neighborhood, this charming and updated duplex awaits. Each unit has two spacious bedrooms, a full bath, and a one-car garage. No more trips to the laundromat, as both units come equipped with washers and dryers included. Enjoy traditional hardwood floors and tiled kitchens and bathrooms--no carpets! Ample additional parking is available in the driveway. Unit 3901 features a generous backyard, while unit 3903 offers a cozy side courtyard. Both units are currently tenant-occupied with excellent long-term leases. Don't miss out on the chance to explore the expansion potential from 2 to 3/4 units through garage conversions which will create an incredible Cash on Cash Return.

The manager has listed the unit size as 1795 square feet.
Unit Size
1,795Ft²
Days on Market
89 days
Land Size
0.20 acres
Price per sqft
$272
Property Type
Multifamily
Property Taxes
$227
HOA Dues
-
Year Built
-

Listed By

Last updated: 17 days ago (GAARNM #1059398)

Price History

Date / Event Date Event Price
May 30, 2024 Price Decreased $488,000
↓ $10K (2%)
Price Decreased
Apr 6, 2024 Relisted $498,000
Relisted
Mar 31, 2024 In contract -
In contract
Mar 20, 2024 Listed by Real Broker, LLC $498,000
Listed by Real Broker, LLC

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Block
Stucco

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
3 Baths
2,034 ft²
$211/ft²
$429,000 Dec 1, 2023
-
$242/mo
Quadruplex
2 Beds
-
2,300 ft²
$248/ft²
$570,370 Feb 19, 2024
-
$175/mo
Triplex
2 Beds
-
2,400 ft²
$224/ft²
$538,624 Aug 30, 2023
-
$184/mo
Quadruplex
1 Bed
-
2,437 ft²
$205/ft²
$499,000 Dec 6, 2023
-
$1,292/mo
House
3 Beds
2 Baths
2,395 ft²
$177/ft²
$425,000 Mar 8, 2024
-
$325/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200113
01/13/2020
4 Bed
2 Bath
1795 ft²
$240,000
bedrooms
4 Bed
bathrooms
2 Bath
square feet
1795 ft²
-
-
-
-

Building Info

3901 Thaxton Avenue Southeast 3901 Thaxton Avenue Southeast, Albuquerque, NM 87108
  • 1 Unit for Sale
More about this Building
3901 Thaxton Avenue Southeast
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About Southeast Heights


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