3611 Tyson Place NE
Albuquerque, NM 87107
$570,000
2 bd • 1 ba • 3,416 sqft • 0.14 acres
2 Story
Stories
$167
Per SQFT
1985
Year Built
01/13/2026
Listing Date
1096690
Listing #
87107
Zip Code
About This Property
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.
Interior
Bathrooms Total:
1
Appliances:
Refrigerator
Flooring:
Carpet, Tile
Building And Construction
Property Type:
Residential Income
Property Sub Type:
Quadruplex
Property Sub Type Additional:
Quadruplex
Building Area Total:
3,416 sqft
Year Built:
1985
Construction Materials:
Frame, Stucco
Levels:
Two
Number Of Units Total:
4
Stories:
2
Property Condition:
Resale
Exterior And Lot
Lot Size Acres:
0.14
Lot Size Square Feet:
6,098 sqft
Parking Total:
6
Provisional
MLS #:
1096690
Gross Income:
64469
Listing Terms:
Cash, Conventional, FHA, VA Loan
Number Of Buildings:
1
Operating Expense:
25485
Owner Pays:
Other, See Remarks
Tenant Pays:
Other, See Remarks
Area And Schools
City:
Albuquerque
Postal Code:
87107
MLS Area Major:
Uptown
Subdivision:
Amended Plat Of Torr Addn
County:
Bernalillo
Parcel Number:
101606048819141008
Utilities
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling:
Evaporative Cooling
Heating:
Central, Forced Air
Heating (Y/N):
Yes
Location
Directions: From I-25 and Comanche, east to Wellesley, south to Cherokee, east to Tyson and the property.
Mortgage Calculator
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Monthly Payment**:
** All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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Listing courtesy of NM Apartment Advisors, Inc.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Daria Derebera
Real Estate Broker in Albuquerque, NM