Newly built construction investment in North Valley. Each unit is a 2 bed 1 bath roughly 1,329 sq. ft each with laundry hookups. Both units are exact mirror layouts with a firewall separating each one. Heating: CFA. Cooling: Refrigerated Air. Brand new metal roof, tankless water heater, HVAC installed in 2019. Perfect investment opportunity for those looking for a low maintenance cash flowing property. NOI: $24,500, CAP Rate: 5.15%. Both units are currently tenant occupied, please do not disturb tenants, drive by only. In person Showing only with accepted offer.
Sold on 08/28/25
Price Unknown
221 Veranda Rd NW, Albuquerque, NM 87107
4beds
3baths
2,719sqft
Duplex, Multi Family
Built in 2019
-- sqft lot
$-- Zestimate®
$--/sqft
$2,841 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,841/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 28, 2025 at 04:09pm
Listed by:
Heidi Tieu 505-800-8295,
HomeSmart Realty Pros
Bought with:
Joe Padilla, 17493
JP & Associates
Source: SWMLS,MLS#: 1080138
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Central, Forced Air
Cooling
- Refrigerated
Appliances
- Included: Built-In Gas Oven, Built-In Gas Range, Dryer, Dishwasher, Refrigerator, Range Hood, Washer
- Laundry: Washer Hookup, Dryer Hookup, In Unit
Features
- Flooring: Concrete
- Has basement: No
Interior area
- Total structure area: 2,719
- Total interior livable area: 2,719 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting
Lot
- Size: 8,276 sqft
Details
- Parcel number: 101406043615841603
- Zoning description: R-1C*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Stucco
Condition
- Resale
- New construction: No
- Year built: 2019
Details
- Builder name: Christopher Perea
Utilities & green energy
- Utilities for property: Cable Connected, Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Connected
Green energy
- Energy generation: None
Community & neighborhood
Location
- Region: Albuquerque
Other
Other facts
- Listing terms: Cash,Conventional,FHA,Owner May Carry
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2025 | Sold | -- |
Source:  SWMLS #1080138 Report a problem | ||
| 7/23/2025 | Pending sale | $450,000$166/sqft |
Source: SWMLS #1080138 Report a problem | ||
| 6/28/2025 | Price change | $450,000-5.3%$166/sqft |
Source: SWMLS #1080138 Report a problem | ||
| 3/15/2025 | Listed for sale | $475,000+46.2%$175/sqft |
Source: SWMLS #1080138 Report a problem | ||
| 2/25/2022 | Sold | -- |
Source: SWMLS #1006952 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,347 +1.9% | $110,785 +3% |
| 2023 | $5,249 +22.5% | $107,558 +19.5% |
| 2022 | $4,285 +3.4% | $90,025 +3% |
Find assessor info on the county website
Neighborhood: Monkbridge Gardens
Nearby schools
GreatSchools rating
- 6/10Douglas Macarthur Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 5/10Garfield Middle SchoolGrades: 6-8Distance: 0.4 mi
- 4/10Valley High SchoolGrades: 9-12Distance: 1 mi