Value-add investment with immediate upside! Two 4-plexes (1812 Mary Ellen and 1816 Mary Ellen, 8 units total) sold together--each on its own deeded lot. 7 of 8 units currently rented, offering solid income with significant upside. Below-market rents present a strong opportunity to increase cash flow and long-term ROI. All units are 2 bed, 1 bath with functional layouts that are easy to rent. Located in a high-demand, appreciating area near transit, major employers, schools, and shopping. A units have private backyards; B units have side yards. All units include storage. Well-lit off-street parking.
Pending
$990,000
1812 Mary Ellen St NE, Albuquerque, NM 87112
2beds
1baths
6,720sqft
Est.:
Multi Family
Built in 1971
-- sqft lot
$-- Zestimate®
$147/sqft
$-- HOA
What's special
Functional layoutsPrivate backyardsSide yards
- 123 days |
- 14 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: November 16, 2025 at 07:21pm
Listed by:
J. Vance Kabella 505-315-5797,
Coldwell Banker Legacy 505-828-1000,
Stacy A. Ross 505-573-1448,
Coldwell Banker Legacy
Source: SWMLS,MLS#: 1089406
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Free-Standing Electric Range, Refrigerator
Features
- Flooring: Carpet, Vinyl
- Has basement: No
Interior area
- Total structure area: 6,720
- Total interior livable area: 6,720 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Landscaping
Lot
- Size: 0.25 Acres
Details
- Parcel number: 102105904505630213
- Zoning description: R-MH*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Resale
- New construction: No
- Year built: 1971
Utilities & green energy
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: Snow Height Addition
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $147/sqft
- Tax assessed value: $292,314
- Annual tax amount: $8,208
- Date on market: 8/8/2025
- Cumulative days on market: 70 days
- Listing terms: Cash,Conventional,FHA
- Tenant pays: Other, See Remarks
Estimated market value
Not available
Estimated sales range
Not available
$1,171/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2025 | Pending sale | $990,000$147/sqft |
Source: | ||
| 8/9/2025 | Listed for sale | $990,000+41.4%$147/sqft |
Source: | ||
| 3/17/2021 | Sold | -- |
Source: | ||
| 1/4/2021 | Pending sale | $700,000$104/sqft |
Source: NM Apartment Advisors, Inc. #983156 Report a problem | ||
| 10/11/2020 | Price change | $700,000-3.4%$104/sqft |
Source: NM Apartment Advisors, Inc. #967116 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,111 +1.7% | $97,428 +3% |
| 2023 | $4,042 +241.4% | $94,590 |
| 2022 | $1,184 | $94,590 +41.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,881/mo
Principal & interest
$4858
Property taxes
$676
Home insurance
$347
Climate risks
Neighborhood: 87112
Nearby schools
GreatSchools rating
- 6/10Collet Park Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Jackson Middle SchoolGrades: 6-8Distance: 0.3 mi
- 5/10Manzano High SchoolGrades: PK-12Distance: 1.9 mi
- Loading







