Fantastic investment opportunity! This property features a single-family home (700 sq. ft.) and a duplex with two 599 sq. ft. units, offering a combined 1,899 sq. ft. of living space. Currently tenant-occupied and delivering a 7% cap rate, this property is ideal for investors seeking immediate income. Each unit has been fully updated, minimizing maintenance and maximizing appeal for future tenants. Located in a prime area, this property offers strong rental demand and excellent long-term growth potential.
For sale
Price cut: $26K (7/31)
$499,000
425 Fitzgerald Rd NW, Albuquerque, NM 87107
4beds
3baths
1,898sqft
Triplex, Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$263/sqft
$-- HOA
What's special
- 42 days
- 176
- 7
Zillow last checked:
Listing updated:
Listed by:
Anton F Determan 505-818-9449,
EXP Realty LLC 505-554-3873
Source: SWMLS,MLS#: 1107630
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Wall Furnace
Cooling
- None
Features
- Flooring: Wood
Interior area
- Total structure area: 1,898
- Total interior livable area: 1,898 sqft
Property
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 8,712 Square Feet
Details
- Parcel number: 101406032410740709
- Zoning description: MX-M*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Condition
- Resale
- New construction: No
- Year built: 1940
Utilities & green energy
- Utilities for property: See Remarks
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: Of Fitzgerald Add
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $263/sqft
- Tax assessed value: $248,400
- Annual tax amount: $4,000
- Date on market: 7/21/2026
- Cumulative days on market: 43 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 3983
- Tenant pays: Other, See Remarks
Estimated market value
Not available
Estimated sales range
Not available
$2,945/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Price change | $499,000-5%$263/sqft |
Source: | ||
| 7/21/2026 | Listed for sale | $525,000+7.1%$277/sqft |
Source: | ||
| 11/15/2025 | Listing removed | $490,000$258/sqft |
Source: | ||
| 10/31/2025 | Price change | $490,000-18.2%$258/sqft |
Source: | ||
| 8/29/2025 | Listed for sale | $599,000+242.3%$316/sqft |
Source: | ||
| 3/8/2025 | Listing removed | $1,550$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/3/2025 | Listed for rent | $1,550-6.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/13/2024 | Listing removed | $1,650$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/15/2024 | Listed for rent | $1,650$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/25/2024 | Sold | -- |
Source: | ||
| 3/8/2024 | Pending sale | $175,000$92/sqft |
Source: | ||
| 3/8/2024 | Listed for sale | $175,000$92/sqft |
Source: | ||
| 3/7/2024 | Pending sale | $175,000$92/sqft |
Source: | ||
| 3/6/2024 | Listed for sale | $175,000$92/sqft |
Source: | ||
| 8/4/2022 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,001 +40.8% | $82,791 +40.6% |
| 2024 | $2,842 +1.9% | $58,893 +3% |
| 2023 | $2,790 -77.2% | $57,178 +3% |
| 2022 | $12,231 +40.6% | $55,513 +3% |
| 2021 | $8,697 +63.8% | $53,897 +3% |
| 2020 | $5,308 | $52,327 +3% |
| 2019 | -- | $50,803 |
| 2018 | $2,123 -9.7% | $50,803 +3% |
| 2017 | $2,351 +7.3% | $49,323 +6.1% |
| 2016 | $2,192 -95.1% | $46,493 +3% |
| 2015 | $45,139 +2108.7% | $45,139 +3% |
| 2014 | $2,044 | $43,825 +3% |
| 2013 | $2,044 | $42,549 -25.3% |
| 2012 | -- | $56,961 |
| 2011 | -- | $56,961 |
| 2010 | -- | $56,961 +50.7% |
| 2009 | -- | $37,803 +3% |
| 2008 | -- | $36,703 +3% |
| 2007 | -- | $35,635 +3% |
| 2006 | -- | $34,597 |
| 2005 | -- | $34,597 |
| 2004 | -- | $34,597 |
| 2003 | -- | $34,597 |
| 2002 | -- | $34,597 -2.8% |
| 2001 | -- | $35,597 +5% |
| 2000 | -- | $33,897 |
Find assessor info on the county website
Monthly payment
Est. payment



