For sale by owner

$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

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.

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

3130 days

1,015

33

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: $117,029
Annual tax amount: $1,452
Date on market: 9/25/2017

Estimated market value

Not available

Estimated sales range

Not available

$2,394/mo

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
2/23/2024	Price change	$419,000+5.8%$175/sqft
Source: Owner Report a problem
1/22/2024	Price change	$395,995-1%$165/sqft
Source: Owner Report a problem
9/28/2023	Price change	$399,995+2.6%$167/sqft
Source: Owner Report a problem
8/13/2023	Price change	$389,995+0.1%$162/sqft
Source: Owner Report a problem
8/9/2023	Listing removed	--
Source: Zillow Rentals Report a problem
8/1/2023	Listed for rent	$895
Source: Zillow Rentals Report a problem
7/20/2023	Price change	$389,595+2.6%$162/sqft
Source: Owner Report a problem
5/3/2023	Price change	$379,595+2.7%$158/sqft
Source: Owner Report a problem
1/11/2023	Price change	$369,595-0.5%$154/sqft
Source: Owner Report a problem
1/6/2023	Price change	$371,595-1.1%$155/sqft
Source: Owner Report a problem
12/16/2022	Price change	$375,595-1.1%$156/sqft
Source: Owner Report a problem
11/7/2022	Price change	$379,595-1%$158/sqft
Source: Owner Report a problem
10/23/2022	Price change	$383,595-1%$160/sqft
Source: Owner Report a problem
10/22/2022	Price change	$387,595-0.6%$161/sqft
Source: Owner Report a problem
4/5/2022	Price change	$389,995+2.6%$162/sqft
Source: Owner Report a problem
3/16/2022	Price change	$379,995+2.7%$158/sqft
Source: Owner Report a problem
1/14/2022	Price change	$369,995+5.7%$154/sqft
Source: Owner Report a problem
12/20/2021	Price change	$349,995+2.9%$146/sqft
Source: Owner Report a problem
12/14/2021	Listed for sale	$339,995$142/sqft
Source: Owner Report a problem
11/22/2021	Pending sale	$339,995$142/sqft
Source: Owner Report a problem
7/14/2003	Sold	--
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,452 +3.3%	$39,006 +3%
2024	$1,406 +1.8%	$37,870 +3%
2023	$1,380 +6.2%	$36,767 +3%
2022	$1,299 +3.4%	$35,697 +3%
2021	$1,256 +1.8%	$34,657 +3%
2020	$1,234	$33,648 +3%
2019	--	$32,668
2018	$1,306 +13%	$32,668 +3%
2017	$1,156 +7.9%	$31,717 +6.1%
2016	$1,071 -97.1%	$29,897 -18.6%
2015	$36,730 +2743.9%	$36,730
2014	$1,292	$36,730 -0.5%
2013	$1,292	$36,912
2012	--	$36,912
2011	--	$36,912
2010	--	$36,912 +3%
2009	--	$35,837 +3%
2008	--	$34,794 +3%
2007	--	$33,781 +3%
2006	--	$32,797 +2.2%
2005	--	$32,099 +3%
2004	--	$31,164 +39%
2003	--	$22,418 +3%
2002	--	$21,765 +2.8%
2001	--	$21,165 -1.1%
2000	--	$21,398