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425 Fitzgerald Rd NW, Albuquerque, NM, 87107

4beds
3baths
1,898sqft
$499,000
$263price/sqft
$3,165/moest. monthly cost
$126,600/yrincome needed

About This Home

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.

Getting Around

72
WalkingVery Walkable
24
TransitMinimal Transit
77
BikeVery Bikeable

Schools

5/10
Garfield Middle SchoolGrades 6-80.2 mi
4/10
Valley High SchoolGrades 9-120.9 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1940

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Features

  • Flooring: Wood

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: None

Interior Area

  • Total structure area: 1,898
  • Total interior livable area: 1,898 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 101406032410740709
  • Zoning description: MX-M*

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 8,712 sqft

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
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Lightning
Winter Weather

FEMA Declared Disasters in Bernalillo County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

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

MonthlyAnnual
Mortgage $2,523$30,276
Home Insurance *$141$1,692
Property Taxes $353$4,236
Electricity $148$1,780
Total$3,165$37,980
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$108,514/yr
40% on housing$94,950/yr
45% on housing$84,400/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

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.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$263This listing

vs Other Active Listings

Avg $/sqft

ZIP 87107$247
Bernalillo County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 87107
Bernalillo County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-31Price change$499,000
2026-07-21Listed for sale$525,000
2025-11-15Listing removed$490,000
2025-10-31Price change$490,000
2025-08-29Listed for sale$599,000
2025-03-08Listing removed$1,550
2025-01-03Listed for rent$1,550
2024-12-13Listing removed$1,650
2024-10-15Listed for rent$1,650
2024-03-25Sold--
2024-03-08Pending sale$175,000
2024-03-08Listed for sale$175,000
2024-03-07Pending sale$175,000
2024-03-06Listed for sale$175,000
2022-08-04Sold--

For Sale by Agent

AgentAnton F Determan
BrokerageEXP Realty LLC

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