635 Adams Street NE, Albuquerque, NM 87110 (MLS# 1100981) -

635 Adams Street NE, Albuquerque, NM 87110

$675,000

Property Type: Residential Income Square Footage: 1,980 Lot Size (sq. ft.): 6,752 Status: Active

Current Price: $675,000 List Date: 4/02/2026 Last Modified: 5/04/2026

Overview

Description

Turnkey triplex in prime UNM area near Nob Hill with strong in-place income of $4,420/month. Thoughtfully updated property includes one spacious 3 bed/1 bath unit, a second efficiently designed 2 bed/1 bath unit, and a studio with 3/4 bath–ideal for students and professionals. Perfect opportunity for an owner-occupant to live in one unit while generating steady rental income from the others. Well maintained with modern updates. Located in a high-demand rental area close to UNM, shopping, dining, and transit. Excellent option for both investors and house hackers seeking immediate cash flow.

Listing Details MLS# 1100981

Contract Information

List Price/SqFt: 340.91
Allowance/Concession: No

Location

Street #: 635
Street Name: Adams
St Suffix: Street
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87110
Zip +4: 6221
MLS Area Major: 40 – UNM
Zone Atlas: J17

CityCounty Data

Subdivision Name: Ft New Year Add

General Property Description

# of Units: 3
5+ Units: No
Property Sub-Type: Triplex
Living Area: 1980
SqFt Source: Floorplan
Lot Size Source: Survey
Acres: 0.16
Lot SqFt: 6752
Directions: From I-40 & Carlisle: South on Carlisle to Lomas Blvd. Left on Lomas to Adams St. Left on Adams to property on left.
Stories: Yes
Total # of Buildings: 3
Year Built: 1950
Year Built Source: Public Records
Age: Select One
Accessory Dwelling Unit: No
Disability Access: Unknown
LBP Disclosure: Yes
Builder: unknown
Owner Occupant Unit: Yes
Flood Zone: X

Cooling

Centrally Ducted: Yes
Heat/Cooling Combination: Yes
Refrigerated: Yes

Sales Info

Trade/Xch Considered: No

More Information

# of Unit Types (1)

# of Units: Yes
# of Bedrooms: 3
# Baths: Yes
Approx. SqFt: 1157
Actual Rent: 2100
Max Rent: 2100
Market Rent: 2100

# of Unit Types (2)

# of Units: Yes
# of Bedrooms: 2
# Baths: Yes
Approx. SqFt: 582
Actual Rent: 1525
Max Rent: 1525
Market Rent: 1525

# of Unit Types (3)

# of Units: Yes
# Baths: Yes
Approx. SqFt: 241
Actual Rent: 795
Max Rent: 795
Market Rent: 795

Unit Summary

Total Units: 3
Average Unit Size: 660
Average Actual Rent: 1473.33
Annualized: 53040
Total Actual Rent: 4420

Currently Not Used

Bank Owned: No

City/County Data

UPC Code: 101705828904240107

Tax & Legal Info

GRT Code: 02-100
Tax Exemption: Unknown
Tax Annual Amount: 6850.44

Construction Materials

Frame: Yes
Stucco: Yes

Amenities

Ceiling Fan(s): Yes
Wshr/Dryr HU in Unit: Yes

Flooring

Laminate: Yes

Heating

Central: Yes
Forced Air: Yes

Owner Pays

Sewer: Yes
Water: Yes

Showing Requirements

Call Listing Agent: Yes

Tenant Pays

Electric: Yes
Gas: Yes

Build Description

Resale: Yes

Appliances included

Dishwasher: Yes
Free-Standing Gas Range: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Water Connected: Yes

Green Energy Generation

None: Yes

Electric Provider

Public Utility: Yes

Metering

Individual Electric: Yes
Individual Gas: Yes

Operating Expenses

Call Listing Broker: Yes

Parking

2+Spaces Per Unit: Yes

Roof

Flat: Yes
TPO (G): Yes

Finance Considered

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Rental Info

Current Lse Agreemnt: Yes
Deposits: Yes
Pet Deposit: Yes
Rental History Avail: Yes

Zoning

R-ML*: Yes

Property Features

Construction Materials: Frame; Stucco Build Description: Resale Amenities: Ceiling Fan(s); Wshr/Dryr HU in Unit Appliances included: Dishwasher; Free-Standing Gas Range Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Water Connected Heating: Central; Forced Air Cooling: Heat/Cooling Combination; Refrigerated Flooring: Laminate Green Energy Generation: None Electric Provider: Public Utility Metering: Individual Electric; Individual Gas Operating Expenses: Call Listing Broker Owner Pays: Sewer; Water Tenant Pays: Electric; Gas Parking: 2+Spaces Per Unit Roof: Flat; TPO (G) Rental Info: Current Lse Agreemnt; Deposits; Pet Deposit; Rental History Avail Finance Considered: Cash; Conventional; FHA; VA Showing Requirements: Call Listing Agent Zoning: R-ML*

Listing Office: Berkshire Hathaway Home Svc NM

Last Updated: May – 04 – 2026

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