Pending

Price cut: $20K (4/6)

$225,000

412 Tennessee St NE, Albuquerque, NM 87108

3beds

3baths

1,582sqft

Est.:

Triplex, Multi Family

Built in 1958

-- sqft lot

$-- Zestimate^®

$142/sqft

$-- HOA

What's special

Electric baseboard heatElectric hot water heaters

Great investment opportunity! Units A & B have been remodeled and feature electric baseboard heat (Unit A also includes a gas wall furnace). Both units offer gas and electric stove hookups, electric hot water heaters, and washer hookups with a 220-volt outlet for an electric dryer. Units are individually metered.There are Security guards on doors and windows which add peace of mind. Peace of mind for investors: gas, electric, and water systems have been newly updated to meet current code requirements, and the property has no back taxes. Both Unit A and Unit B are rent-ready, making this a great opportunity for immediate cash flow.Unit C is ready for a total remodel--for another unit or storage, ideal value-add potential to increase rents and overall returns.

84 days

561

26

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3

Heating

Electric, Wall Furnace

Cooling

Evaporative Cooling

Appliances

Laundry: Electric Dryer Hookup

Features

Flooring: Concrete, Tile

Interior area

Total structure area: 1,582
Total interior livable area: 1,582 sqft

Property

Parking

Total spaces: 6

Features

Levels: One
Stories: 1

Lot

Size: 6,534 Square Feet

Details

Parcel number: 101905735928910344
Zoning description: R-ML*

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex, Multi Family

Materials

Frame

Condition

Resale
New construction: No
Year built: 1958

Utilities & green energy

Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Green energy

Energy generation: None

Community & HOA

Community

Features: Gated, Storage Facilities

Location

Region: Albuquerque

Financial & listing details

Price per square foot: $142/sqft
Tax assessed value: $31,100
Annual tax amount: $2,189
Date on market: 2/11/2026
Cumulative days on market: 75 days
Listing terms: Cash
Total actual rent: 0
Tenant pays: Other, See Remarks

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
4/20/2026	Pending sale	$225,000$142/sqft
Source: SWMLS #1098178 Report a problem
4/6/2026	Price change	$225,000-8.2%$142/sqft
Source: SWMLS #1098178 Report a problem
3/11/2026	Price change	$245,000-11.9%$155/sqft
Source: SWMLS #1098178 Report a problem
2/12/2026	Listed for sale	$278,000-7.3%$176/sqft
Source: SWMLS #1098178 Report a problem
4/4/2025	Listing removed	$300,000$190/sqft
Source: SFARMLS #202403727 Report a problem
9/3/2024	Price change	$300,000-6.3%$190/sqft
Source: SFARMLS #202403727 Report a problem
8/14/2024	Price change	$320,000-1.5%$202/sqft
Source: SWMLS #1067288 Report a problem
7/21/2024	Listed for sale	$325,000+41.9%$205/sqft
Source: SWMLS #1067288 Report a problem
1/15/2024	Listing removed	--
Source: SWMLS #1039402 Report a problem
12/30/2023	Listed for sale	$229,000$145/sqft
Source: SWMLS #1039402 Report a problem
12/9/2023	Pending sale	$229,000$145/sqft
Source: SWMLS #1039402 Report a problem
11/14/2023	Price change	$229,000-4.2%$145/sqft
Source: SWMLS #1039402 Report a problem
10/27/2023	Price change	$239,000-3.2%$151/sqft
Source: SWMLS #1039402 Report a problem
10/4/2023	Price change	$247,000-3.1%$156/sqft
Source: SWMLS #1039402 Report a problem
9/27/2023	Listed for sale	$255,000$161/sqft
Source: SWMLS #1039402 Report a problem
8/28/2023	Pending sale	$255,000$161/sqft
Source: SWMLS #1039402 Report a problem
8/20/2023	Price change	$255,000-3.8%$161/sqft
Source: SWMLS #1039402 Report a problem
8/10/2023	Listed for sale	$265,000$168/sqft
Source: SWMLS #1039402 Report a problem
1/10/2019	Listing removed	$600
Source: Go Section8 Report a problem
1/4/2019	Price change	$600-17.2%
Source: Go Section8 Report a problem
12/31/2018	Listed for rent	$725
Source: Go Section8 Report a problem
6/17/2003	Sold	--
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$478 -78.2%	$10,366 -80%
2024	$2,189 +1.7%	$51,872 +3%
2023	$2,152 +74.3%	$50,361 +62.3%
2022	$1,235 +3.7%	$31,029 +3%
2021	$1,191 +1.9%	$30,125 +3%
2020	$1,169	$29,247 +3%
2019	--	$28,396
2018	$991 -9%	$28,396 +3%
2017	$1,089 +6.7%	$27,570 +6.1%
2016	$1,021 -96%	$25,987 +3%
2015	$25,230 +2457.7%	$25,230
2014	$986	$25,230 -26.8%
2013	$986	$34,463
2012	--	$34,463
2011	--	$34,463
2010	--	$34,463 +10.3%
2009	--	$31,257 +3%
2008	--	$30,347 +3%
2007	--	$29,464 +3%
2006	--	$28,606
2005	--	$28,606 +3%
2004	--	$27,773 +3%
2003	--	$26,964
2002	--	$26,964
2001	--	$26,964 +17.6%
2000	--	$22,931