4 months on rocket

8508 Marquette Ave NE, Albuquerque, NM, 87108

$440,000

Home List Price

$5,225*

Closing Credit

2 Bedrooms
1 Bath
2,800 SqFt
$157/SqFt
Multi

Location

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8508 Marquette Ave NE, Albuquerque$440,000

Buyer Closing Credits

$5,225*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1979
HeatingCentral, Forced Air
CoolingEvaporative Cooling, Ceiling Fan(s)
MLS #1065735
Lot Size0.13 Acres
StatusActive

About 8508 Marquette Ave NE

Professionally managed income producing 4 plex. All units feature 2 bedrooms/1 bathroom. 3 units were updated before current owner purchased the property. Updates to Unit A & D include vinyl wood flooring, bedroom carpet, and matching appliances. Unit B is carpet throughout, vinyl wood flooring in bathroom and kitchen. Unit C has not been updated. All units are occupied established tenants. Each unit has its own RING doorbell and 1 camera on the building. The current tenants have access to their RING. 6 total parking spaces (current tenants have an assigned parking spot). Tenants have access to a large shared fenced in backyard.

Property Details

Property Features

Property Information:

  • Year Built: 1979
  • Stories: 2
  • Living Area: 2,800 SqFt

Listing Office:

  • Office Name: Full House Real Estate,LLC
  • Office Phone: (505) 244-1918
  • Listing Agent: Janet McDavid-Fitak

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Vinyl
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Evaporative Cooling, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Lomas, South on Wyoming, West on Marquette to address.

Price Information

Listing Price Info

Price Summary:

  • List Price: $440,000
  • Price Per SqFt: $157/SqFt

Tax Information:

  • Annual Amount: $1,889
  • 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

$344K

Med. Price/SqFt

$204

Avg. Days On Market

33

# of Sold Homes

530

8508 Marquette Ave NE vs Albuquerque

146 DAYS ON ROCKET

+113 Days

$440,000

+$95.9K More

$157/SqFt

-$48 Less

KEY TAKEAWAY

This property is $95.9K more than the Median Sold Price and $48/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: #1065735

Listing Office:

  • Office Name: Full House Real Estate,LLC
  • Office Phone: (505) 244-1918
  • Listing Agent: Janet McDavid-Fitak

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: 11/18/2024, 3:20:50 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$1,889$44,029
2019$1,492$44,662
2018$1,447$35,036
2017$1,447$34,015

History based on county public records data.

Payment Calculator

$2,264

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,386

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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-713843
4
/10

  • Hawthorne Elementary School

  • 420 General Somervell St NE

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-713844
3
/10

  • La Mesa Elementary School

  • 7500 Copper Ave NE

  • 0.66 miles

  • Public District Grades PK-5

school-card-donut-713845
5
/10

  • Bellehaven Elementary School

  • 8701 Princess Jeanne Ave NE

  • 1.05 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 $27,588. Most Albuquerque, NM residents have annual incomes less than $35k. Most families are single, no kids. Most 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›8508 Marquette Ave NE

This home is located at 8508 Marquette Ave NE in Albuquerque, NM and zip code 87108 in the La Mesa neighborhood. This 2,800 square foot home, which was built in 1979, sits on a 0.13 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 25, 2024 and is currently priced at $440,000.

Over 94 listings were sold over their listed price in October 2024 in Albuquerque, NM. In the same period over 288 listings were sold below the listed price and 148 listings were sold for the listed price. The number of listings in Albuquerque, NM decreased by 8.2% between September 2024 and October 2024. In October 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $344,019.

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

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