1809 Girard Blvd SE, Albuquerque, NM, 87106
About This Home
Any savvy investor knows they are three magic numbers for Albuquerque: 100, 320 and 24,343. Albuquerque has been home to the historic mother road, Route 66, for 100 years of its 320 year history, and its currently undergoing a housing shortage of 24,343 units.The property is nestled at the back of the lot providing both significant buffering from Girard and optimum balcony views of the golf course for the second story apartments. With 4 modernized, well-apportioned 2 Bedroom / 1 bathroom apartments and 4 detached storage units.Metrics of investment performance at the ask price of $547,931 include a price per sf of $177, a price per unit of $136,983, GRM of 11.07, a cap rate after reserves of 6.35% and an after tax IRR of 12.50%.
Getting Around
Car-Dependent
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1984
Materials
- Construction materials: Frame,Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex,Multi Family
Interior
Appliances
- Appliances included: Refrigerator
- Laundry features: Washer Hookup,Dryer Hookup,In Unit
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 15
Features
- Flooring: Tile
Heating & Cooling
- Heating features: Central
- Cooling features: Evaporative Cooling
Interior Area
- Total structure area: 3,100
- Total interior livable area: 3,100 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 101605624909630203
- Zoning description: R-ML*
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 7,840 sqft
Parking
- Total spaces: 6
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
- Winter Weather
- Earthquake
- Heat Wave
- Lightning
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 | $2,578 | $30,936 |
| Home Insurance * | $129 | $1,548 |
| Property Taxes | $361 | $4,332 |
| Electricity | $220 | $2,644 |
| Total | $3,288 | $39,456 |
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 |
|---|---|---|
| 2026-05-11 | Listed for sale | $547,931 |
| 2020-10-07 | Sold | -- |
| 2020-08-10 | Pending sale | $275,000 |
| 2020-05-16 | Listed for sale | $275,000 |
| 2020-04-19 | Pending sale | $275,000 |
| 2020-04-01 | Listed for sale | $275,000 |
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