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401 Vermont Street NE
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401 Vermont Street NE
401 Vermont Street NE
401 Vermont Street NE
401 Vermont Street NE
401 Vermont Street NE
401 Vermont Street NE
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401 Vermont Street NE

Albuquerque, NM 87108

$389,000
1 bd • 1 ba • 2,719 sqft • 0.16 acres
1 Story
Stories
$143
Per SQFT
1958
Year Built
11/18/2025
Listing Date
1094694
Listing #
87108
Zip Code

About This Property

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.

Interior

Bathrooms Total: 1
Fireplace Features: Option
Appliances: Free-Standing Gas Range, Disposal, Refrigerator, Range Hood
Flooring: Laminate, Vinyl

Building And Construction

Property Type: Residential Income
Property Sub Type: Quadruplex
Property Sub Type Additional: Quadruplex
Building Area Total: 2,719 sqft
Year Built: 1958
Levels: One
Number Of Units Total: 4
Stories: 1
Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.16
Lot Size Square Feet: 6,752 sqft
Exterior Features: Lighting, Patio
Patio And Porch Features: Patio

Provisional

MLS #: 1094694
Listing Terms: Cash, Conventional, FHA, VA Loan
Number Of Buildings: 1
Owner Pays: Sewer, Trash Collection, Water
Tenant Pays: Electricity, Gas

Area And Schools

Community Features: Patio
City: Albuquerque
Postal Code: 87108
MLS Area Major: Fairgrounds
Subdivision: Mesa Verde Addition
County: Bernalillo
Parcel Number: 1-019-057-438-271-1-05-02

Utilities

Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling: Evaporative Cooling
Heating: Wall Furnace
Heating (Y/N): Yes

Location

Directions: Individual unit addresses are 8311, 8313, 8315, 8317 Copper Ave NE

Mortgage Calculator

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Listing courtesy of Real Broker, LLC
Southwest MLS Logo 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 Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

(505) 521 8550