$450,000
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134 S Rhode Island Street Se, Albuquerque, NM 87108

2 Beds
1 Bath
3,060 Sq Ft

Priced at $450,000, 134 Rhode Island St SE is a two-story fourplex located in Southeast Albuquerque. This 3,060 sq. ft. property offers four (4) 2-bedroom, 1-bathroom units on a 0.155-acre lot and is located near Central Ave, Zuni Rd, and major arterial routes, making it attractive to long-term renters.The property has a projected gross income of $57,000 annually, with a 5% vacancy allowance ($54,000). With estimated annual operating expenses of $20,700, the pro forma net operating income (NOI) is approximately $33,400, yielding a projected cap rate of 7.42%, with a 27.52% IRR with a five-year hold.

  • MLS# 1094441
  • Date Listed11/11/2025
  • Days on Realty 25 Days
  • Bedrooms 2
  • Bathrooms 1 baths
  • Lot Size 0.16 acres (6,752 sq. ft)
  • Subdivision Of Unity Add
  • County Bernalillo
  • Year Built 1980
  • Square Feet 3,060 sq. ft
  • Price Per Sq. Ft $147.06

Interior Features

  • Appliances Refrigerator
  • Flooring Tile, Vinyl, Wood
  • Cooling Evaporative Cooling
  • Heating Central, Forced Air

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.16
  • Lot Size SQFT 6,752.00
  • Lot Features -

Financial Considerations

  • Tax Amount $2,814
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in NM / 87108

Source: Walkscore

58/100

Somewhat Walkable

Walk Score ®

40/100

Some Transit

Transit Score ®

57/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

7 nearby routes: 7 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 55/100, Transit Score: 28/100, Bike Score: 69/100.

Points of Interest near 134 S Rhode Island Street SE, Albuquerque, NM 87108

Frequently Asked Questions for 134 S Rhode Island Street SE

Source: Realty.com

134 S Rhode Island Street SE, Albuquerque, NM 87108 is a Quadruplex, Residential Income property listed for $450,000 The property is 3060 sq. ft with 2 bedrooms and 1 bathrooms

Realty.com has 2 photos of 134 S Rhode Island Street SE.

Our records indicate that 134 S Rhode Island Street SE was built in 1980.

The full address for this home is 134 S Rhode Island Street SE, Albuquerque, NM 87108.

134 S Rhode Island Street SE has been listed on Realty.com since Tue November 11, 2025

Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 55/100, Transit Score: 28/100, Bike Score: 69/100.

There are 3 schools assigned to this home. Check out the schools near 134 S Rhode Island Street SE. La Mesa Elementary School (Grades: PK - 5), Van Buren Middle School (Grades: 6 - 8), Cesar Chavez Community Center (Grades: 9 - 12)

Listing provided courtesy of: Berger Briggs Re & Prop Mgmt (tel: 505-247-0444)
Listing agent: Harrison Alley (tel: 505-980-6151) (#taialley_BERG01)

This content last refreshed on 2025-12-06 22:22:18. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 134 S Rhode Island Street SE, Albuquerque, NM 87108 : MLS# 1094441