1 month on rocket

300 Rhode Island St SE, Albuquerque, NM, 87108

$949,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Bath
9,257 SqFt
$103/SqFt
Multi

Location

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300 Rhode Island St SE, Albuquerque$949,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1956
HeatingWall Furnace
CoolingWindow Unit(s)
MLS #1073830
Lot Size0.62 Acres
StatusActive

About 300 Rhode Island St SE

Incredible opportunity! Rare 15-plex on a quiet cul-de-sac street in the Trumbull Village neighborhood. Two 2BR (approx 900 sf) and thirteen 1BR units (approx 600 SF). Rent roll and expenses on attached documents or emailed by request to listing broker. Mostly rented, landlord searching for 3 tenants currently. Most units are below market rate. Low overhead! Individually metered for gas/elec. Needs some TLC but nothing major. All 3 buildings have newer roofs. Window A/C's, wall heaters. North and South buildings are one story, East/Middle building is two stories. Large Mature shade trees create a pleasant courtyard. Each unit has a small patio/yard area. Exterior is adobe construction. Drive by only, do not disturb tenants. Interior viewing with accepted offer.

Property Details

Property Features

Property Information:

  • Year Built: 1956
  • Living Area: 9,257 SqFt

Listing Office:

  • Office Name: HomeSmart Realty Pros
  • Office Phone: (505) 962-2121
  • Listing Agent: Camille R Victour

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Basement: No
  • Flooring Type: Vinyl

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Patio

Lot Features

Lot Information:

  • Lot Size: 0.62 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: From I-40 Exit 164, Wyoming Blvd, go S for 1.1 mi, then take a Rt on Zuni, go .2 mi, then Left on Utah. Go 1 blk, then Rt on Bell Ave. Go 3 Blks to Rhode Island St, Go Rt. Complex at the end of the cul-de-sac on Rt. Park on street, not tenant spaces.

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,000
  • Price Per SqFt: $103/SqFt

Tax Information:

  • Annual Amount: $2,254
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Albuquerque, NM.

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Albuquerque, NM

City

Med. Sold Price

$344.7K

Med. Price/SqFt

$205

Avg. Days On Market

34

# of Sold Homes

438

300 Rhode Island St SE vs Albuquerque

35 DAYS ON ROCKET

+1 Day

$949,000

+$604.2K More

$103/SqFt

-$102 Less

KEY TAKEAWAY

This property is $604.2K more than the Median Sold Price and $102/SqFt less than other homes in Albuquerque, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1073830

Listing Office:

  • Office Name: HomeSmart Realty Pros
  • Office Phone: (505) 962-2121
  • Listing Agent: Camille R Victour

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2024 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 6:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,254$105,056
2019$4,487$105,056
2018$4,479$105,356
2017$4,479$105,356

History based on county public records data.

Payment Calculator

$4,804

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,912

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4430010
3
/10

  • La Mesa Elementary School

  • 7500 Copper Ave NE

  • 0.60 miles

  • Public District Grades PK-5

school-card-donut-4430011
4
/10

  • Sandia Base Elementary School

  • 21001 Wyoming SE Kafb East

  • 0.80 miles

  • Public District Grades KG-5

school-card-donut-4430012
2
/10

  • Emerson Elementary School

  • 620 Georgia St SE

  • 0.82 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,123. Most Albuquerque, NM residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87108›300 Rhode Island St SE

This home is located at 300 Rhode Island St SE in Albuquerque, NM and zip code 87108 in the Trumbull Village neighborhood. This 9,257 square foot home, which was built in 1956, sits on a 0.62 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $949,000.

In November 2024, from all listings sold in Albuquerque, NM there were more than 86 sold above asking price, over 225 sold below and more than 127 were sold right at the asked price. Between October 2024 and November 2024, Albuquerque, NM real estate market has seen decrease in the number of listings by 14.7%. Listings spent 34 days on the market in November 2024, and had a median list price of $344,759 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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