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415 Grove St SE, Albuquerque, NM, 87108

$375,000

Home List Price

$4,453*

Closing Credit

1 Bedroom
1 Bath
2,900 SqFt
$129/SqFt
Multi

Location

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415 Grove St SE, Albuquerque$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1976
HeatingCentral, Forced Air
CoolingEvaporative Cooling
MLS #1076183
Lot Size0.16 Acres
StatusActive

About 415 Grove St SE

Single-story 4-plex with great income potential! This property features two 1-bedroom units and two 2-bedroom units, with the larger units commanding higher rents to boost your returns. Recent updates make this investment low-maintenance and move-in ready for tenants. A fully fenced yard provides added privacy and outdoor space, enhancing tenant satisfaction. This property is located in a desirable area and offers a versatile unit mix and strong rental income potential. Perfect for investors seeking a turnkey opportunity. Don't miss out!

Property Details

Property Features

Property Information:

  • Year Built: 1976
  • Stories: 1
  • Living Area: 2,900 SqFt

Listing Office:

  • Office Name: Realty One of New Mexico
  • Office Phone: (505) 883-9400
  • Listing Agent: Cecilia L Chavez

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Central and Wyoming we west on Zuni to Grove and turn south the property is on the west side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $129/SqFt

Tax Information:

  • Annual Amount: $1,464
  • 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

$346.1K

Med. Price/SqFt

$206

Avg. Days On Market

37

# of Sold Homes

497

415 Grove St SE vs Albuquerque

1 DAY ON ROCKET

-36 Days

$375,000

+$28.8K More

$129/SqFt

-$77 Less

KEY TAKEAWAY

This property is $28.8K more than the Median Sold Price and $77/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: #1076183

Listing Office:

  • Office Name: Realty One of New Mexico
  • Office Phone: (505) 883-9400
  • Listing Agent: Cecilia L Chavez

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 © 2025 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: 1/10/2025, 10:20:49 PM 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$1,464$34,130
2019$1,303$31,515
2018$1,301$30,597
2017$1,301$30,597

History based on county public records data.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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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-1800679
2
/10

  • Emerson Elementary School

  • 620 Georgia St SE

  • 0.54 miles

  • Public District Grades PK-5

school-card-donut-1800680
3
/10

  • La Mesa Elementary School

  • 7500 Copper Ave NE

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-1800681
1
/10

  • Wherry Elementary School

  • Bldg 25000th Kafb East

  • 0.89 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 $14,588. Most Albuquerque, NM residents have annual incomes less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87108›415 Grove St SE

This home is located at 415 Grove St SE in Albuquerque, NM and zip code 87108 in the Trumbull Village neighborhood. This 2,900 square foot home, which was built in 1976, sits on a 0.16 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 09, 2025 and is currently priced at $375,000.

Over 82 listings were sold over their listed price in December 2024 in Albuquerque, NM. In the same period over 276 listings were sold below the listed price and 139 listings were sold for the listed price. The inventory of homes for sale in Albuquerque, NM between November 2024 and December 2024 decreased by 14.1%. In December 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $346,164.

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

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