1 month on rocket

314 Alvarado Dr NE, Albuquerque, NM, 87108

$479,000

Home List Price

$5,688*

Closing Credit

2 Bedrooms
1 Bath
2,558 SqFt
$187/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

314 Alvarado Dr NE, Albuquerque$479,000

Buyer Closing Credits

$5,688*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
Year Built1971
HeatingCentral, Ductless, Forced Air
CoolingDuctless, Evaporative Cooling
FireplaceOption
MLS #1071172
Lot Size0.17 Acres
StatusActive

About 314 Alvarado Dr NE

Own your own Triplex!! These properties are just south of the Uptown retail district and just east of the Nob Hill gourmet eatery row. New granite, new mini splits installed in Units A &B, Unit C is Swamp cooler and central heating. Unit C is a Owner Unit with 2 or can be 3 bedrooms with a fireplace and larger backyard. This is a perfect property to live in one unit while the other 2 units can pay your mortgage plus extra. This is a turn key cash flowing property. These units are in great condition and ready for new tenants/owners!

Property Details

Property Features

Property Information:

  • Year Built: 1971
  • Stories: 1
  • Living Area: 2,558 SqFt

Listing Office:

  • Office Name: Beyond Real-Estate
  • Office Phone: (505) 907-6479
  • Listing Agent: Vincent Ricci

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Range Hood, Washer
  • Basement: No
  • Flooring Type: Tile
  • Fireplace: Option

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central, Ductless, Forced Air
  • Cooling: Ductless, Evaporative Cooling

School Info

Assigned Schools Information:

  • Highland High School, Public District Grades 9-12
  • Nex Gen Academy, Public District Grades 9-12
  • Jefferson Middle School, Public District Grades 6-8
  • Zia Elementary School, Public District Grades PK-5
  • Coronado Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From I-40 and San Mateo, South on San Mateo to Copper, east to Alvarado, south to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $479,000
  • Price Per SqFt: $187/SqFt

Tax Information:

  • Annual Amount: $3,411
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Albuquerque, NM

City

Med. Sold Price

$339.8K

Med. Price/SqFt

$204

Avg. Days On Market

26

# of Sold Homes

469

314 Alvarado Dr NE vs Albuquerque

30 DAYS ON ROCKET

+4 Days

$479,000

+$139.1K More

$187/SqFt

-$17 Less

KEY TAKEAWAY

This property is $139.1K more than the Median Sold Price and $17/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: #1071172

Listing Office:

  • Office Name: Beyond Real-Estate
  • Office Phone: (505) 907-6479
  • Listing Agent: Vincent Ricci

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: 11/1/2024, 4:20:47 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$3,411$79,525
2019$1,849$80,259
2018$1,793$43,427
2017$1,793$42,163

History based on county public records data.

Payment Calculator

$2,458

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,503

Powered By

Rocket Mortgage

Advertisement

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.

Elementary School

school-card-donut-983240
6
/10

  • Zia Elementary School

  • 440 Jefferson St NE

  • 0.70 miles

  • Public District Grades PK-5

school-card-donut-983241
6
/10

  • Coronado Elementary School

  • 601 4th St SW

  • 4.05 miles

  • Public District Grades KG-5

Middle School

school-card-donut-983242
4
/10

  • Jefferson Middle School

  • 712 Girard Blvd NE

  • 1.77 miles

  • Public District Grades 6-8

High School

school-card-donut-983243
3
/10

  • Highland High School

  • 4700 Coal Ave SE

  • 0.68 miles

  • Public District Grades 9-12

school-card-donut-983244
6
/10

  • Nex Gen Academy

  • 5323 Montgomery Blvd NE

  • 3.61 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,120. The most common annual income of people living in Albuquerque, NM is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87108›314 Alvarado Dr NE

This home is located at 314 Alvarado Dr NE in Albuquerque, NM and zip code 87108 in the Fair West neighborhood. This 2,558 square foot home, which was built in 1971, sits on a 0.17 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $479,000.

In September 2024 more than 114 listings in Albuquerque, NM were sold above the asking price. During the same period more than 131 listings were sold at asking price, while more than 224 were sold below. The number of listings in Albuquerque, NM decreased by 10.9% between August 2024 and September 2024. While the average time on the market in September 2024 was 26 days, the median list price was $339,871.

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

More Resources