$325,000
$118/sqftactive236 San Pablo Street NE, Albuquerque, NM 87108
Beds
5
Baths
4
Sqft
2,760
Lot
6,752 sqft
Built
1958
Type
multi family
About This Property
4-unit multifamily investment located in a rapidly improving corridor of Northeast Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a high cap rate, strong cash-on-cash returns, and durable demand from long-term workforce tenants.The surrounding neighborhood has seen substantial momentum, including a brand-new public library and park, along with ongoing residential and mixed-use construction nearby. These improvements support long-term appreciation while maintaining strong rental demand.The asset is a C-class, workforce housing property, which historically performs well through market cycles due to affordability, necessity-driven demand, and tenant longevity. Current tenants are stable, long-term residents.
Features & Amenities
Property Details
| MLS # | 1108518 |
| Property Type | multi family |
| Year Built | 1958 |
| Heating | WallFurnace |
| Cooling | EvaporativeCooling |
| Lot Size | 6,752 sqft |
| Property Tax (est.) | $1,855/yr ($155/mo) |
| Price / Sqft | $118 |
| Status | Active |
| Days on Market | 0 |
About Nob Hill → Full Guide
Price vs. Neighborhood
This home
Nob Hill median
18% below the Nob Hill median. Homes here sell in an average of 30 days.
Commute Times
Unm
5 min
Downtown
10 min
Abq Studios
20 min
Sandia Labs
20 min
Kirtland Afb
15 min
Presbyterian
12 min
Intel Rio Rancho
35 min
Nearby Schools
Monte Vista Elementary
K-5 · APS
Jefferson Middle School
6-8 · APS
Highland High School
9-12 · APS
UNM (University of New Mexico)
Higher Ed · State
Neighborhood Guide
Explore Nob Hill
Eclectic & Walkable
Listing courtesy of Trinity Apartment Company LLC. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.
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