new - 3 days on rocket

428 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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428 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 #1075887
Lot Size0.19 Acres
StatusActive

About 428 Georgia St SE

Don't miss this excellent investment opportunity in Southeast Albuquerque! This single-level, brick 4-unit multi-family property offers a reliable source of rental income with all units featuring 2-bedroom, 1-bath layouts. The building is separately metered for gas and electric, providing tenants with individual utility responsibility and making it an even more attractive investment.Each unit is spacious and designed for maximum comfort, with easy access to local amenities, schools, parks, and public transportation. The property is well-maintained and provides tenants with off-street parking, private entrances, and a secure living environment.

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: Electric 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, take Exit 159A for University Blvd. If you're on I-40 West, take Exit 159B for University Blvd.Exit onto University Blvd SE: Take the exit for University Blvd SE and head south.Turn Left onto Georgia St SE: Once you're on University Blvd SE, turn left onto Georgia St SE.Continue on Georgia St SE: Drive south on Georgia St SE, and 428 Georgia St SE will be on your left 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

428 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: #1075887

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

Tax History

YEARPROP. TAXASSESSMENT
2020$2,685$62,594
2019$2,130$63,260
2018$2,065$50,019
2017$2,065$48,562

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-762883
2
/10

  • Emerson Elementary School

  • 620 Georgia St SE

  • 0.23 miles

  • Public District Grades PK-5

school-card-donut-762884
3
/10

  • La Mesa Elementary School

  • 7500 Copper Ave NE

  • 0.76 miles

  • Public District Grades PK-5

school-card-donut-762885
4
/10

  • Whittier Elementary School

  • 1110 Quincy St SE

  • 1.07 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. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87108›428 Georgia St SE

This home is located at 428 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. Between November 2024 and December 2024, Albuquerque, NM real estate market has seen decrease in the number of listings 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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