Prosper Real Estate logo
Prosper Real Estate logo
Prosper Real Estate logo
Back to search
NM
Bernalillo
Albuquerque
heights reservoir addition
87108
Search similar
NM
Bernalillo
Albuquerque
heights reservoir addition
87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
39 Photos
Unsave
Save

$5,317,173

419 NE Monroe Street, Albuquerque, NM, 87108

ACTIVE
39 Photos
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
Unsave
Save
inception-app-prod/Zjc1ZjEwYmQtZmQ2OS00NjUwLWExMzQtMzc4NzI0YjNhMjY3/content/2025/05/b06b280e441e74fdb5ac5b5940ee64089ef7be6d.png
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108
419 NE Monroe Street, Albuquerque, NM, 87108

Information

Price: $5,317,173
Days On Market: 131
Year Build: 1960
Bedrooms: 1
MLS ID: 1092700
Status: Active

Details

Address: 419 NE Monroe Street
County: Bernalillo
City: Albuquerque
Neighborhood: heights reservoir addition
Zip: 87108
State: New Mexico

Taxes

Property Taxes: $22,224
Tax Amount: $22,224

Description

CORE AssetMeasures of investment performance at the ask price of $5,317,173 and current average rents of $878 a month are a GRM of 8.06, a 6.19% cap rate, $106,343 per unit, $163/sf, and an after tax internal rate of return is 17.0%And Value AddThe property is currently 20.3% below market rents and that does not take into account the double digit annual rent growth the market is enjoying. If the rents are raised to the market of $1,100, the metrics of investment performance improve to a cap rate of 8.82% and a cash on cash of 12.17%.This community is located facing Zia park and Zia Elementary school and within walking distance of the Nob Hills 80+ restaurants. The property is also within biking distance of the University of NM and sits between two major transit corridors

Location

Listed By

Listing Agent

Todd D Clarke

[email protected]
(505) 440-8633
NM Apartment Advisors, Inc.
Co-Listing Agent

Kyle E Deacon

[email protected]
(505) 878-0100
Deacon Property Services
Print Details
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Updated: 24th April, 2026 10:50 PM (UTC)
Listing Agent: Todd D Clarke
Listing Office: NM Apartment Advisors, Inc.
Attribution contact: (505) 440-8633

Tour home

Schedule tour
Submitting
Succes! Your message was sent!
Oops! Error occurred.

Cookie policy

We use cookies to improve your experience on our site. By continuing to use this site, you agree to the use of cookies.
Accept
Decline