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For sale
  • Price cut: $5K (10/1)
    $285,000

    10516 Lexington Ave NE, Albuquerque, NM 87112

    5beds
    2,053sqft
    : 
    $2,034/mo
    Get pre-qualified
    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
    **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!
    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#: 1111059MLS Logo

      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

        DateEventPrice
        10/1/2026Price change$285,000-1.7%$139/sqft
        Source: SWMLS #1111059 Report a problem
        9/16/2026Listed for sale$290,000+13.7%$141/sqft
        Source: SWMLS #1111059 Report a problem
        10/31/2022Sold--
        Source: SWMLS #1020708 Report a problem
        10/7/2022Pending sale$255,000$124/sqft
        Source: SWMLS #1020708 Report a problem
        9/22/2022Price change$255,000-1.9%$124/sqft
        Source: SWMLS #1020708 Report a problem
        8/26/2022Price change$259,900-1.9%$127/sqft
        Source: SWMLS #1020708 Report a problem
        8/11/2022Listed for sale$265,000$129/sqft
        Source: SWMLS #1020708 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Matheson Park

        Getting around

        71 / 100
        Very Walkable
        28 / 100
        Some Transit
        79 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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