$535,000
Listed on Jul 27, 2026
1 bds · 1 ba · 3,300 sqft
525 Mesilla Street SE 1-6, Albuquerque, 87108
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(505) 521 8550
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3611 Tyson Place NE
Albuquerque, NM 87107
This property is not for sale.
Sold on 04.02.2026 for $570,000
2
Beds
1
Bath
3,416
SqFt Home
2
Stories
1985
Year Built
6,098
SqFt Lot
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… Show more
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.
Property details for 3611 Tyson Place NE
Interior
Bathrooms Total:
1
Appliances:
Refrigerator
Flooring:
Carpet, Tile
Exterior and lot
Lot Size Acres:
0.14
Lot Size:
6,098 sqft
Parking Total:
6
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
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
Total Actual Rent:
5572
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
Homes for sale similar to 3611 Tyson Place NE
Homes recently sold near 3611 Tyson Place NE
3611 Tyson Place NE Albuquerque, NM 87107 listed as MLS #1096690.
This 2 bedroom 3,416 sqft Residential Income built in 1985 located in Albuquerque NM 87107.
3611 Tyson Place NE was sold for $570,000 as MLS #1096690.
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