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Image 1 - 1288 Morningside Drive Southeast, Albuquerque, NM 87108, USA - House for sale

Image 2 - 1288 Morningside Drive Southeast, Albuquerque, NM 87108, USA - House for sale

Image 3 - 1288 Morningside Drive Southeast, Albuquerque, NM 87108, USA - House for sale

Image 4 - 1288 Morningside Drive Southeast, Albuquerque, NM 87108, USA - House for sale

Image 5 - 1288 Morningside Drive Southeast, Albuquerque, NM 87108, USA - House for sale

Image 6 - 1288 Morningside Drive Southeast, Albuquerque, NM 87108, USA - House for sale

Image 7 - 1288 Morningside Drive Southeast, Albuquerque, NM 87108, USA - House for sale

Image 8 - 1288 Morningside Drive Southeast, Albuquerque, NM 87108, USA - House for sale

Home For Sale In Albuquerque, New Mexico

1288 Morningside Drive Southeast, Albuquerque, NM 87108, USA

Home For Sale In Albuquerque, New Mexico

house for sale

3 views

Listed: 04/08/24

1288 Morningside Drive Southeast, Albuquerque, NM 87108, USA

4 Bed:

2 Bath:

1,795 Sq Ft Living Area:

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Price

$ 498,000

Price: Average

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About This House

Introducing, ''The Thaxtons'' an outstanding investment opportunity in a desirableSE ABQneighborhood, this charming and updated duplex awaits. Each unit has two spacious bedrooms, a full bath, and a one-car garage. No more trips to the laundromat, as both units come equipped with washers and dryers included. Enjoy traditional hardwood floors and tiled kitchens and bathrooms--no carpets! Ample additional parking is available in the driveway. Unit 3901 features a generous backyard, while unit 3903 offers a cozy side courtyard. Both units are currently tenant-occupied with excellent long-term leases. Don't miss out on the chance to explore the expansion potential from 2 to 3/4 units through garage conversions which will create an incredible Cash on Cash Return.

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Albuquerque Housing & Living

Average sale prices for houses

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Apr 2024	$502,955 (-0.6%)
Mar 2024	$505,900 (0%)
Feb 2024	$505,900 (0%)
Jan 2024	$505,900 (-4.8%)
Dec 2023	$531,306 (0%)
Nov 2023	$531,306 (0%)

In April 2024, the asking price for 4 bed houses for sale in/near Albuquerque, United States averaged $502,955, a decrease of 0.6% from the previous month.

Median price trends for properties for sale in Albuquerque, United States as of April 2024.

Household Income

Median household income: $51,099

Number of households: 228,491

The average household income in Albuquerque, NM grew from $50,456 to $51,099 in the past year. This data is an estimate based upon 228,491 households in Albuquerque, NM.
The chart below presents how household income is distributed in Albuquerque, NM in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Albuquerque, NM compared to median property taxes around the country. The prevalent amount of property taxes in Albuquerque, NM equals $2k-$3k , which is less than the national average.

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