This well-maintained triplex offers great potential with a projected 6.4% cap rate based on market rents. Two of the three units are currently vacant, providing flexibility for immediate leasing or light improvements. One unit is ideal for owner-occupancy, featuring its own private laundry and two bedrooms, while the other two one bedroom units share a separate laundry room. The property features durable brick construction and vinyl flooring , reducing long-term maintenance costs. Located just minutes from the airport and UNM, it's perfectly situated in a high-demand rental area known for strong occupancy rates and consistent tenant interest.
Pending
$340,000
3428 Vail Ave SE, Albuquerque, NM 87106
3beds
2baths
2,200sqft
Est.:
Triplex, Multi Family
Built in 1962
-- sqft lot
$332,700 Zestimate®
$155/sqft
$-- HOA
What's special
Vinyl flooringDurable brick constructionPrivate laundryTwo bedroomsSeparate laundry room
- 13 days
- on Zillow |
- 445 |
- 30 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 06, 2025 at 02:09pm
Listed by:
David M Stafford 505-750-3360,
360 Ventures Real Estate 505-750-3360
Source: SWMLS,MLS#: 1088590

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Wall Furnace
Cooling
- Evaporative Cooling
Appliances
- Included: Dryer, Dishwasher, Free-Standing Gas Range, Refrigerator, Range Hood, Washer
- Laundry: Washer Hookup, Dryer Hookup, In Unit
Features
- Flooring: Tile, Vinyl
- Has basement: No
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,969.6 Square Feet
Details
- Parcel number: 101605643509240615
- Zoning description: R-MH*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Brick
Condition
- Resale
- New construction: No
- Year built: 1962
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Features: Laundry Facilities
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $155/sqft
- Tax assessed value: $235,900
- Annual tax amount: $3,317
- Date on market: 7/27/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Tenant pays: Electricity, Gas
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