new - 3 days on rocket

424 Georgia St SE, Albuquerque, NM, 87108

$375,000

Home List Price

$4,453*

Closing Credit

2 Bedrooms
1 Bath
3,200 SqFt
$117/SqFt
Multi

Location

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424 Georgia St SE, Albuquerque$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1961
HeatingWall Furnace
CoolingEvaporative Cooling
MLS #1075885
Lot Size0.19 Acres
StatusActive

About 424 Georgia St SE

Take advantage of this fantastic investment opportunity with this well-maintained, single-level brick 4-unit multi-family property located in the heart of Southeast Albuquerque. Each of the 2-bedroom, 1-bath units is separately metered for gas and electricity, ensuring tenants have control over their utility costs while offering added value to this income-producing property.The property shares a charming courtyard with the adjacent 428 Georgia St SE, offering tenants a peaceful and inviting outdoor space to enjoy. This convenient location is within close proximity to schools, parks, shopping centers, and public transportation, making it an attractive choice for renters.

Property Details

Property Features

Property Information:

  • Year Built: 1961
  • Stories: 1
  • Living Area: 3,200 SqFt

Listing Office:

  • Office Name: Caruso Realty, LLC
  • Office Phone: (505) 275-1301
  • Listing Agent: Angelo Mora

Interior Features

Interior Information:

  • Appliances: Gas Range, Refrigerator
  • Basement: No
  • Flooring Type: Laminate, Vinyl

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Evaporative Cooling

Other

Directions Information:

  • Directions: Head South on I-40: If you're traveling on I-40 East, continue to the University Blvd/Exit 159A. If you're on I-40 West, continue to Exit 159B for University Blvd.Exit onto University Blvd SE: Take the exit for University Blvd SE and continue south.Turn Left onto Georgia St SE: Once you're on University Blvd SE, make a left turn onto Georgia St SE.Continue on Georgia St SE: Continue south for a short distance, and you'll find 424 Georgia St SE on your left-hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $117/SqFt

Tax Information:

  • Annual Amount: $2,685
  • 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

424 Georgia St SE vs Albuquerque

3 DAYS ON ROCKET

-34 Days

$375,000

+$28.8K More

$117/SqFt

-$89 Less

KEY TAKEAWAY

This property is $28.8K more than the Median Sold Price and $89/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: #1075885

Listing Office:

  • Office Name: Caruso Realty, LLC
  • Office Phone: (505) 275-1301
  • Listing Agent: Angelo Mora

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: 1/7/2025, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 04, 1999Home Sold
$17,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,685$62,594
2019$1,857$63,260
2018$1,800$43,599
2017$1,800$42,330

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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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-721629
2
/10

  • Emerson Elementary School

  • 620 Georgia St SE

  • 0.24 miles

  • Public District Grades PK-5

school-card-donut-721630
3
/10

  • La Mesa Elementary School

  • 7500 Copper Ave NE

  • 0.75 miles

  • Public District Grades PK-5

school-card-donut-721631
4
/10

  • Whittier Elementary School

  • 1110 Quincy St SE

  • 1.08 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 $28,208. The most common annual income of people living in Albuquerque, NM is less than $35k. Most families are single, no kids. 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›424 Georgia St SE

This home is located at 424 Georgia St SE in Albuquerque, NM and zip code 87108 in the South San Pedro neighborhood. This 3,200 square foot home, which was built in 1961, sits on a 0.19 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 03, 2025 and is currently priced at $375,000.

In December 2024, from all listings sold in Albuquerque, NM there were more than 82 sold above asking price, over 276 sold below and more than 139 were sold right at the asked price. The inventory of homes for sale in Albuquerque, NM between November 2024 and December 2024 decreased by 14.1%. Listings spent 37 days on the market in December 2024, and had a median list price of $346,164 during the same period.

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

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