$430,000
Listed on Aug 27, 2026
2 bds · 1 ba · 2,700 sqft
510 Mesilla Street SE 1-4, Albuquerque, 87108
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(505) 521 8550
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1036 MADEIRA Drive SE
Albuquerque, NM 87108
This property is not for sale.
Sold on 06.23.2025 for $399,900
1
Bed
1
Bath
2,865
SqFt Home
1
Story
1960
Year Built
8,276
SqFt Lot
About this property
Discover this updated, low-maintenance income producing property! An ideal opportunity for both first-time & seasoned investors. This well-maintained asset offers a desirable unit mix… Show more
Discover this updated, low-maintenance income producing property! An ideal opportunity for both first-time & seasoned investors. This well-maintained asset offers a desirable unit mix, featuring (3) 1-bedroom/1-bath units (Units A, B & C), & a spacious 3-bedroom/2-bath unit (Unit D) complete with a detached 1-car garage. In 2020, the owner completed upgrades to ensure long-term value & energy efficiency, including: Mini-split heating & refrigerated air systems in all units, Upgraded electrical service, pro-panel metal roof, Fresh stucco, dual-pane windows, perimeter fencing & landscaping. Units A & D have been fully remodeled with tasteful, modern interiors. Units B & C are occupied by long-term tenants & currently rented below market value, offering potential for future rental growth!
Property details for 1036 MADEIRA Drive SE
Interior
Bathrooms Total:
1
Appliances:
Free-Standing Electric Range, Refrigerator
Laundry Features:
Washer Hookup, Dryer Hookup, In Unit
Flooring:
Laminate, Tile, Wood
Exterior and lot
Lot Size Acres:
0.19
Lot Size:
8,276 sqft
Exterior Features:
Landscaping
Parking Total:
8
Building and construction
Property Type:
Residential Income
Property Sub Type Additional:
Quadruplex
Building Area Total:
2,865 sqft
Year Built:
1960
Construction Materials:
Frame, Stucco
Levels:
One
Number Of Units Total:
4
Stories:
1
Property Condition:
Resale
Provisional
MLS #:
1085343
Gross Income:
39600
Listing Terms:
Cash, Conventional, FHA, VA Loan
Number Of Buildings:
1
Tenant Pays:
Electricity, Gas
Area and schools
City:
Albuquerque
Postal Code:
87108
MLS Area Major:
Southeast Heights
County:
Bernalillo
Parcel Number:
101805607520632201
Utilities
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling:
Multi Units, Refrigerated
Heating:
Ductless
Heating (Y/N):
Yes
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1036 MADEIRA Drive SE Albuquerque, NM 87108 listed as MLS #1085343.
This 1 bedroom 2,865 sqft Residential Income built in 1960 located in Albuquerque NM 87108.
1036 MADEIRA Drive SE was sold for $399,900 as MLS #1085343.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from
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which consumers may be interested in purchasing.
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