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$389,000
15 Days On Site

401 Vermont Street NE
Albuquerque, NM 87108

For Sale|Quadruplex|Active
1
Bed
1
Total Bath
2,719
SqFt
$143
/SqFt
1958
Built
Subdivision:
Mesa Verde Addition
County:
Bernalillo
Call Now: 505 401-7500
Is this the listing for you? We can help make it yours.
505 401-7500
401 Vermont Street NE401 Vermont Street NE401 Vermont Street NE401 Vermont Street NE
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Monthly Payment (Est.)

$1,775
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Exceptional 4plex offers an immediate, low-management cash flow stream with significant upside potential. 100% Occupancy with stable, reliable tenants who have expressed a strong desire to remain. Current rents are below market, providing an achievable rent increase strategy to boost the Cap Rate and overall ROI. Structured as tenant-paid utilities, minimizing landlord operating expenses and maximizing NOI. New sewer lines and a durable TPO membrane roof. Each unit offers highly desirable features including a small backyard and dedicated off-street parking, enhancing tenant retention. Strategically positioned near major economic and entertainment hubs with easy access to I-40. Showings will only be scheduled after an executed purchase agreement, and are subject to tenant availability.

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Listing Snapshot
Price 
$389,000
Days On Site 
15 Days
Bedrooms 
1
Inside Area (SqFt) 
2,719 sqft
Total Baths 
1
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.16 Acres
Year Built 
1958
MLS® Number 
1094694
Status 
Active
Property Tax 
$3,457.36
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.16
Disclosures 
Lead Based Paint Disclosure, Ranm2100 Disclosure
Levels 
One
Number Of Stories 
1
Property Sub Type 
Quadruplex
SqFt Total 
2719
Utilities 
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Zoning 
R-ML*
Interior Features
Appliances 
Free-Standing Gas RangeDisposalRefrigeratorRange Hood
Cooling 
Evaporative Cooling
Flooring 
LaminateVinyl
Heating 
Wall Furnace
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Exterior Features
Exterior 
Lighting
Patio And Porch 
Patio
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
70 - Fairgrounds
Listing courtesy of Real Broker, LLC



Listing information is provided by Participants of the Southwest MLS, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Southwest MLS, Inc..
Data last updated at: 2025-12-03 03:49 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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