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For sale
  • $545,000

    121 Terrace St SE, Albuquerque, NM 87106

    6beds
    6baths
    3,450sqft
    : 
    Multi Family
    Built in 1955
    -- sqft lot
    $-- Zestimate®
    $158/sqft
    $-- HOA

    What's special

    Basement for storageScreened front porchesHardwood floors
    Prime UNM location! Silver Hills neighborhood. 2 buildings - 121 Terrace - Four - 1 bedroom 1 bath units. 500SF each. Wall heater and window units for cooling.Each rented for $800/month. Current lease agreements. 117 & 119 Terrace is separate duplex. Both units are 1 bedroom 1 bath unit with screened front porches. Hardwood floors. Living room, dining room, full bath of bedroom and each unit has a basement for storage. 117 Terrace - 650SF long term tenant at below market rent. $625/m. M/M lease. 119 Terrace - 800SF. $975/m. M/M lease. Add cosmetic updates for instant equity! Flooring and fixtures can go along way. Priced to sell AS-IS. Please do not disturb tenants. Offer subject to inspection. NO RECs. Portfolio financing options available.
    68 days
    on Zillow
    |
    377
    |
    17
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 23, 2025 at 03:07pm

    Listed by:

    Katherine Carpenter 505-228-0292,

    Maddox & Co/REALTORS 505-764-0400,

    Liska Maddox 505-270-5798,

    Maddox & Co/REALTORS

    Source: SWMLS,MLS#: 1085186MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 121 Terrace St SE.

    Next available tour time:Today at 6:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    Heating
    • Floor Furnace, Wall Furnace
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Free-Standing Gas Range, Refrigerator
    Features
    • Flooring: Laminate, Vinyl, Wood
    • Has basement: Yes
    Interior area
    • Total structure area: 3,450
    • Total interior livable area: 3,450 sqft

    Property

    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 3,484.8 Square Feet
    Details
    • Parcel number: 101505744527210607
    • Zoning description: R-ML*

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Block, Frame
    Condition
    • Resale
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
    Green energy
    • Energy generation: None

    Community & HOA

    Community
    • Features: Storage Facilities
    Location
    • Region: Albuquerque

    Financial & listing details

    • Price per square foot: $158/sqft
    • Tax assessed value: $67,154
    • Annual tax amount: $944
    • Date on market: 6/3/2025
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity, Gas
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