140 Jefferson St SE, Albuquerque, NM, 87108
About This Home
Ocotillo Ridge is a 20-unit, townhome-style multifamily community completed in 2024 by a local architect anddeveloper, who self-developed the project with a focus on durable construction and efficient, functionallayouts. The property consists of twelve (12) two-bedroom units averaging approximately 1,056 square feet and eight (8) one-bedroom units averaging approximately 801 squarefeet. The community includes 20 secure on-site parkingspaces serving residents.The residences feature open-concept floor plans with polished concrete flooring, large window lines, and strongnatural light throughout both living and bedroom levels. Each unit includes oversized private patios or balconies thatexpand usable living area and enhance unit desirability.
Getting Around
Very Walkable
Some Transit
Biker's ParadiseSchools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2024
Materials
- Construction materials: Aluminum Siding,Frame,Synthetic Stucco
Other
- Builder name: Sunlight Homes
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Cooktop,Dryer,Dishwasher,Disposal,Refrigerator,Range Hood,Washer
- Laundry features: Electric Dryer Hookup
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
Features
- Ceiling Fan(s)
- Flooring: Concrete,Vinyl
Heating & Cooling
- Heating features: Ductless,ENERGY STAR Qualified Equipment,Hot Water
- Cooling features: Ductless,ENERGY STAR Qualified Equipment,Ceiling Fan(s)
Interior Area
- Total structure area: 19,100
- Total interior livable area: 19,100 sqft
Property
Details
- Parcel number: 101705734217342404
- Zoning description: MX-T*
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Patio
Lot
- Lot size: 0.85 Acres
Parking
- Total spaces: 20
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Bernalillo County and New Mexico
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $29,833 | $357,996 |
| Home Insurance * | $116 | $1,392 |
| Property Taxes | $4,179 | $50,148 |
| Electricity | $1,357 | $16,295 |
| Total | $35,485 | $425,820 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Listed for sale | $5,900,000 |
View on Zillow