Value-add investment with immediate upside! Two 4-plexes (1812 Mary Ellen and 1816 Mary Ellen, 8 units total) sold together--each on its own deeded lot. 6 of 8 units currently rented, offering solid income with significant upside. Below-market rents present a strong opportunity to increase cash flow and long-term ROI. All units are 2 bed, 1 bath with functional layouts that are easy to rent. Located in a high-demand, appreciating area near transit, major employers, schools, and shopping. A units have private backyards; B units have side yards. All units include storage. Well-lit off-street parking.
For sale
$990,000
1812 Mary Ellen St NE, Albuquerque, NM 87112
2beds
1baths
--sqft
Est.:
Multi Family
Built in 1971
-- sqft lot
$950,300 Zestimate®
$--/sqft
$-- HOA
What's special
Functional layoutsPrivate backyardsSide yards
- 1 day
- on Zillow |
- 78 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: August 09, 2025 at 11:03am
Listed by:
J. Vance Kabella 505-315-5797,
Coldwell Banker Legacy 505-828-1000,
Stacy A. Ross 505-573-1448,
Coldwell Banker Legacy
Source: SWMLS,MLS#: 1089406

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Free-Standing Electric Range, Refrigerator
Features
- Flooring: Carpet, Vinyl
- Has basement: No
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Landscaping
Lot
- Size: 0.25 Acres
Details
- Parcel number: 102105904505630213
- Zoning description: R-MH*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Resale
- New construction: No
- Year built: 1971
Utilities & green energy
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: Snow Height Addition
Location
- Region: Albuquerque
Financial & listing details
- Tax assessed value: $292,314
- Annual tax amount: $8,208
- Date on market: 8/8/2025
- Listing terms: Cash,Conventional,FHA
- Tenant pays: Other, See Remarks
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