$430,000
Listed on Aug 27, 2026
2 bds · 1 ba · 2,700 sqft
510 Mesilla Street SE 1-4, Albuquerque, 87108
Call/text
(505) 521 8550
us for more information
134 S Rhode Island Street SE
Albuquerque, NM 87108
This property is not for sale.
Sold on 03.23.2026 for $450,000
2
Beds
1
Bath
3,060
SqFt Home
2
Stories
1980
Year Built
6,752
SqFt Lot
About this property
Priced at $450,000, 134 Rhode Island St SE is a two-story fourplex located in Southeast Albuquerque. This 3,060 sq. ft. property offers four (4) 2-bedroom, 1-bathroom units on a 0.155-acre… Show more
Priced at $450,000, 134 Rhode Island St SE is a two-story fourplex located in Southeast Albuquerque. This 3,060 sq. ft. property offers four (4) 2-bedroom, 1-bathroom units on a 0.155-acre lot and is located near Central Ave, Zuni Rd, and major arterial routes, making it attractive to long-term renters.The property has a projected gross income of $57,600 annually. With estimated annual operating expenses of $36,122, the pro forma net operating income (NOI) is approximately $38.522, yielding a projected cap rate of 6.2%, with a 29.80% before tax IRR. This listing is part of a larger portfolio that includes two single-family income-producing homes. The seller is offering a Real Estate Contract REC at 5.5% to qualified investors.
Property details for 134 S Rhode Island Street SE
Interior
Bathrooms Total:
1
Appliances:
Refrigerator
Flooring:
Tile, Vinyl, Wood
Exterior and lot
Lot Size Acres:
0.16
Lot Size:
6,752 sqft
Parking Total:
4
Building and construction
Property Type:
Residential Income
Property Sub Type:
Quadruplex
Property Sub Type Additional:
Quadruplex
Building Area Total:
3,060 sqft
Year Built:
1980
Builder Name:
NA
Levels:
Two
Number Of Units Total:
4
Stories:
2
Property Condition:
Resale
Provisional
MLS #:
1094441
Gross Income:
58800
Listing Terms:
Cash, Owner May Carry
Number Of Buildings:
1
Owner Pays:
Sewer, Trash Collection, Water
Tenant Pays:
Electricity, Gas
Total Actual Rent:
4800
Area and schools
City:
Albuquerque
Postal Code:
87108
MLS Area Major:
Southeast Heights
Subdivision:
Of Unity Add
County:
Bernalillo
Parcel Number:
101905731802440207
Community:
Southeast Albuquerque
Utilities
Utilities:
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Cooling:
Evaporative Cooling
Heating:
Central, Forced Air
Heating (Y/N):
Yes
Electric:
Net Meter
Homes for sale similar to 134 S Rhode Island Street SE
$535,000
Listed on Jul 27, 2026
1 bds · 1 ba · 3,300 sqft
525 Mesilla Street SE 1-6, Albuquerque, 87108
$510,000
Listed on Sep 6, 2026
2 bds · 1 ba · 3,200 sqft
1815 Girard Boulevard SE, Albuquerque, 87106
$420,000
Listed on Sep 5, 2026
4 bds · 2 ba · 3,136 sqft
536 Palomas Drive SE, Albuquerque, 87108
Homes recently sold near 134 S Rhode Island Street SE
$425,000
Sold on Aug 4, 2026
7 bds · 4 ba · 3,484 sqft
1037 Palomas Drive SE, Albuquerque, 87108
$425,000
Sold on Jul 28, 2026
2 bds · 1 ba · 2,871 sqft
205 Alvarado Drive NE, Albuquerque, 87108
$500,000
Sold on Jun 30, 2026
4 bds · 3 ba · 2,087 sqft
4523 Burton Avenue SE, Albuquerque, 87108
$449,900
Sold on Jun 23, 2026
3 bds · 2 ba · 1,651 sqft
324 Chula Vista Place NE, Albuquerque, 87108
134 S Rhode Island Street SE Albuquerque, NM 87108 listed as MLS #1094441.
This 2 bedroom 3,060 sqft Residential Income built in 1980 located in Albuquerque NM 87108.
134 S Rhode Island Street SE was sold for $450,000 as MLS #1094441.
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-commercial use and may not be used for any purpose other than identifying properties
which consumers may be interested in purchasing.
Searches related to 134 S Rhode Island Street SE, Albuquerque, NM 87108
Southeast Albuquerque homes for sale
Southeast Albuquerque recent home sales
Albuquerque Homes for sale in zip code 87108
Albuquerque Homes recently sold in zip code 87108
Connect with a real estate agent today — Call/text (505) 521 8550
About Southeast Albuquerque
Southeast Albuquerque is one of the city's four address quadrants, covering everything south of Central Avenue and east of the BNSF railway tracks. It runs from the university district and Nob Hill out past the Sunport and Kirtland Air Force Base to the foothills at Four Hills.
Read about Southeast Albuquerque Community.Connect with a local Southeast Albuquerque real estate agent
Call/text
(505) 521 8550
