**SELLER FINANCING OPPORTUNITY AVAILABLE!** Property is being sold as-is, with no repairs to be made by seller **Discover the potential in this spacious 5-bedroom, 2-bath home in the desirable Northeast Heights of Albuquerque! With a unique two-level layout, original hardwood floors, a den, and a bonus basement, this property offers plenty of space and flexibility for a buyer ready to bring their vision to life.The main level features 3 bedrooms and 1 bathroom, along with original hardwood floors that add character and provide a great foundation for restoration or updating. Downstairs offers 2 additional bedrooms and 1 bathroom, plus a den and bonus basement space, creating numerous possibilities for a home office, recreation area, storage, guest accommodations, or additional living space.This property is prime for renovation and ready for some TLC as it is being sold as-is condition. Whether you're looking to customize a home to fit your lifestyle, build equity through improvements, or take on your next investment project, there is plenty of potential here. An FHA 203(k) renovation loan may also be an option for qualified buyers, subject to lender, property, and program requirements. (Partner lender has program designed for this house as well as incentive to buyer!)Located in the established and desirable Northeast Heights, this home offers a convenient Albuquerque location with the opportunity to create something truly special. Bring your contractor, your ideas, and your vision--this property is ready for its next chapter!
For sale
Price cut: $5K (10/1)
$285,000
10516 Lexington Ave NE, Albuquerque, NM 87112
5beds
2,053sqft
Single Family Residence
Built in 1962
6,098 Square Feet Lot
$284,400 Zestimate®
$139/sqft
$-- HOA
What's special
Bonus basementOriginal hardwood floorsUnique two-level layout
- 26 days
- 2,059
- 166
Zillow last checked:
Listing updated:
Listed by:
K2 Omni Group 505-750-2837,
EXP Realty, LLC 505-750-2837,
Kristina Salcido 505-227-8742,
EXP Realty, LLC
Source: SWMLS,MLS#: 1111059
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Primary bedroom
- Level: Main
- Area: 165.88
- Dimensions: 11.6 x 14.3
Kitchen
- Level: Main
- Area: 29.22
- Dimensions: 7.11 x 4.11
Living room
- Level: Main
- Area: 174.23
- Dimensions: 13.1 x 13.3
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Laundry: Electric Dryer Hookup
Features
- Breakfast Area, Ceiling Fan(s), Multiple Living Areas, Main Level Primary
- Flooring: Carpet, Vinyl, Wood
- Windows: Clad, Metal, Single Pane
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 2,053
- Total interior livable area: 2,053 sqft
- Finished area below ground: 962
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage
- Attached garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Patio
Lot
- Size: 6,098 Square Feet
Details
- Parcel number: 102105931939010518
- Zoning description: R-1B*
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Snow Heights Add
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $139/sqft
- Tax assessed value: $216,105
- Annual tax amount: $3,043
- Date on market: 9/16/2026
- Cumulative days on market: 27 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$284,400
$270,000 - $299,000
$2,369/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2026 | Price change | $285,000-1.7%$139/sqft |
Source: | ||
| 9/16/2026 | Listed for sale | $290,000+13.7%$141/sqft |
Source: | ||
| 10/31/2022 | Sold | -- |
Source: | ||
| 10/7/2022 | Pending sale | $255,000$124/sqft |
Source: | ||
| 9/22/2022 | Price change | $255,000-1.9%$124/sqft |
Source: | ||
| 8/26/2022 | Price change | $259,900-1.9%$127/sqft |
Source: | ||
| 8/11/2022 | Listed for sale | $265,000$129/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,043 +3.2% | $72,028 +3% |
| 2024 | $2,950 +1.7% | $69,930 +3% |
| 2023 | $2,901 +171.9% | $67,893 +30.1% |
| 2022 | $1,067 -48.2% | $52,181 +3% |
| 2021 | $2,060 +1.8% | $50,661 +3% |
| 2020 | $2,024 | $49,186 +3% |
| 2019 | -- | $47,753 |
| 2018 | $2,686 +42.1% | $47,753 +3% |
| 2017 | $1,890 -60.7% | $46,364 +6.1% |
| 2016 | $4,813 -88.7% | $43,702 +3% |
| 2015 | $42,429 +216.7% | $42,429 |
| 2014 | $13,399 | $42,429 -0.9% |
| 2013 | $13,399 | $42,795 -2.1% |
| 2012 | -- | $43,729 +2.3% |
| 2011 | -- | $42,725 +3% |
| 2010 | -- | $41,481 +3% |
| 2009 | -- | $40,273 +3% |
| 2008 | -- | $39,101 +3% |
| 2007 | -- | $37,962 +3% |
| 2006 | -- | $36,857 +3% |
| 2005 | -- | $35,784 +3% |
| 2004 | -- | $34,742 +3% |
| 2003 | -- | $33,730 +0.1% |
| 2002 | -- | $33,712 +3% |
| 2001 | -- | $32,730 +3.9% |
| 2000 | -- | $31,497 |
Find assessor info on the county website
Monthly payment
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