Triplex for sale possible owner finance with good down oac. Measurements are estimates. Separately metered for gas and electric.
**Exceptional income property opportunity. Superb location. Close to I-25, UNM Stadiums, Isotopes/NM United Stadium, UNM, Downtown, Airport, Hospitals, Restaurants, and more. Well taken care of tri-plex boasting recent new ROOFS
Charming Southwest Albuquerque neighborhood At the RIO Grande river!!. Brand NEW pitched roof on the front duplex! contact. The front is a duplex with a "granny" 1br apartment in the back. Always rented. Great cap rate on below figures. Pro Forma
Gross market scheduled Income $1250/unit X 3 units Tax $1,400/yr insurance $750/yr utilities $1,200/ yr. (water and trash)
Well-Maintained. Fresh Paint in Owner's Unit. (2) 2-Bedrooms (1) 1 Bedroom / 1 Bath House / Casita with New Stove, New Refrigerator and Large Backyard (plenty of space for dog to run around)! Great Investment Opportunity! . On the west side of the Rio Grande River.
For sale by owner
Price cut: $5K (11/13)
$409,000
163 Riverside Dr SW, Albuquerque, NM 87105
5beds
2,400sqft
Est.:
MultiFamily
Built in 1941
-- sqft lot
$-- Zestimate®
$170/sqft
$-- HOA
What's special
Large backyardNew stoveNew refrigerator
What the owner loves about this home
RARE offering. Triplex: Home & duplex OPPORTUNITY ZONE Great area on the Rio Grande River.. Mature trees, easy walk to fishing or just hanging out at the river. NEW ROOFS parklike setting, Long term residents. possible owner finance with down oac
- 3040 days |
- 1,233 |
- 41 |
Listed by:
Property Owner (505) 610-2556
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Other, Wall, Electric, Gas, Solar
Cooling
- Refrigerator, Evaporative, Solar, Wall
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: None
Features
- Flooring: Tile, Carpet, Concrete, Hardwood, Linoleum / Vinyl
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 2,400 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage - Detached, Off-street, On-street
Features
- Exterior features: Stucco, Wood, Wood products, Composition
- Has view: Yes
- View description: Territorial, Water, City, Mountain
- Has water view: Yes
- Water view: Water
Lot
- Size: 8,276 Square Feet
Details
- Parcel number: 101305635031810214
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1941
Community & HOA
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $170/sqft
- Tax assessed value: $113,621
- Annual tax amount: $1,406
- Date on market: 9/25/2017
Estimated market value
Not available
Estimated sales range
Not available
$2,861/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2025 | Price change | $409,000-1.2%$170/sqft |
Source: Owner Report a problem | ||
| 10/19/2024 | Price change | $414,000-1.2%$173/sqft |
Source: Owner Report a problem | ||
| 8/31/2024 | Price change | $419,000+2.4%$175/sqft |
Source: Owner Report a problem | ||
| 7/5/2024 | Price change | $409,000-1.2%$170/sqft |
Source: Owner Report a problem | ||
| 5/19/2024 | Price change | $414,000-1.2%$173/sqft |
Source: Owner Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,406 +1.8% | $37,870 +3% |
| 2023 | $1,380 +6.2% | $36,767 +3% |
| 2022 | $1,299 +3.4% | $35,697 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,380/mo
Principal & interest
$1944
Property taxes
$293
Home insurance
$143
Climate risks
Neighborhood: South Valley
Nearby schools
GreatSchools rating
- 6/10Armijo Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 3/10Ernie Pyle Middle SchoolGrades: 6-8Distance: 1.7 mi
- 2/10Rio Grande High SchoolGrades: 9-12Distance: 2.2 mi
