622 Jefferson Street NE

622 Jefferson Street NE

Albuquerque, NM 87110

$760,000
8 bd • 5 ba • 3,116 sqft • 0.16 acres
1 Story
Stories
$244
Per SQFT
1951
Year Built
08/29/2026
Listing Date
1110082
Listing #
87110
Zip Code

About This Property

4Plex!! A super rare opportunity in the heart of Albuquerque's Near Heights, desirable neighborhood, a fully renovated fourplex that's nothing short of spectacular!At its core is the main home in every sense: 3 bedrooms, 2 baths and more than 1,200 square feet of beautifully finished space, opening to a courtyard shaded by a mature tree, wrapped in warm cedar fencing for those Duke City evenings. Three additional units join it on the same property, each unit fully renovated top to bottom. Nothing here was left half-finished, no deferred maintenance, no projects waiting, nothing to do, truly a turn the key setup.Two of the units are fully furnished and have been operated successfully as short-term rentals (AirBnB), giving this property a flexibility others do not have. Either continue that concept of STR or change to MTR (mid-term) concept. The travel nurse market is abundant, especially with University of NM Hospital just down the street. Or simply convert the entire property into traditional long-term leases. Here's an idea, live in one of the units and let the other three units help carry the mortgage, or lastly lease all four and let it work entirely on its own! Either way you are minutes from Nob Hill's restaurants and shops, Uptown's retail and offices, and immediate access to I-40, an established tree-lined pocket of the city that puts the whole metro within a short drive and keeps the hospitals, the university and the national labs close at hand. A great opportunity for a 1031 Exchange, a turn-key Income-producing property from the start and genuinely 'move-in' ready. A true home, income handshake and a location like this rarely arrive in one package! See attached PDF Offer Memorandum for many more specific details.

Interior

Bedrooms Total: 8
Bathrooms Total: 5
Appliances: Free-Standing Gas Range, Refrigerator
Laundry Features: Washer Hookup, Dryer Hookup, In Unit
Flooring: Carpet, Laminate, Vinyl

Exterior And Lot

Lot Size Acres: 0.16
Lot Size: 6,752 sqft
Parking Total: 6

Building And Construction

Property Type: Residential Income
Property Sub Type: Quadruplex
Property Sub Type Additional: Quadruplex
Building Area Total: 3,116 sqft
Year Built: 1951
Construction Materials: Stucco
New Construction: No
Levels: One
Number Of Units Total: 4
Stories: 1
Property Condition: Resale

Provisional

MLS #: 1110082
Gross Income: 62247
Listing Terms: Cash, Conventional, FHA, VA Loan
Number Of Buildings: 1
Operating Expense: 11929
Owner Pays: Common Area Maintenance, Electricity, Gas, Sewer, Trash Collection, Water
Total Actual Rent: 8550

Area And Schools

City: Albuquerque
Postal Code: 87110
MLS Area Major: UNM
Subdivision: Year Addn Brooms Subd
County: Bernalillo
Parcel Number: 101705834106340311

Utilities

Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Cooling: Ductless, Evaporative Cooling
Heating: Ductless
Heating (Y/N): Yes

Listing and Financial Details

Listing Date: August 29, 2026

Location

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Directions: Heading East on I-40, take exit 161 on the right onto San Mateo Blvd NE. Turn right onto San Mateo Blvd NE. Turn right onto Marble Ave NE.

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Listing courtesy of Keller Williams Realty
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