The adjacent lot is ready for new development, with all utilities on-site or nearby. Ideal for building a townhome or duplex, it's close to museums, breweries, and restaurants with easy I-40 access. Together, this package offers immediate and future income opportunities, making it the ultimate value for investors seeking cash flow and long-term growth potential. Maximize your investment with this unbeatable value combo! Own a fully upgraded early 1900s farmhouse and an adjacent buildable lot in Downtown Albuquerque's vibrant Wells Park. The farmhouse delivers both charm and income, featuring two separate, consistently rented units with modern systems and finishes alongside historic character. Ample gated parking, including space for RVs, adds rental appeal. Don't miss out!
Sold
Price Unknown
1405 5th St NW, Albuquerque, NM 87102
--beds
--baths
7,405Square Feet
Unimproved Land
Built in ----
7,405 Square Feet Lot
$-- Zestimate®
$--/sqft
$1,311 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,311/mo
Zestimate® history
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List your homeWhat's special
Ample gated parkingSpace for rvs
Zillow last checked:
Listing updated:
Listed by:
Trung D Doan 505-239-6927,
Equity New Mexico
Bought with:
Jeremy Navarro Realty Group, 49311
Keller Williams Realty
Source: SWMLS,MLS#: 1073113
Facts & features
Property
Features
- Fencing: Gate,Wood
Lot
- Size: 7,405 Square Feet
- Topography: Level
Details
- Parcel number: 101405819940422805
- Zoning description: MX-T*
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Albright-Moore
Location
- Region: Albuquerque
Financial & listing details
- Tax assessed value: $43,100
- Annual tax amount: $794
- Date on market: 10/26/2024
- Cumulative days on market: 39 days
- Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 12/20/2024 | Sold | -- |
Source:  SWMLS #1073113 Report a problem | ||
| 12/4/2024 | Pending sale | $180,000 |
Source: SWMLS #1073113 Report a problem | ||
| 10/27/2024 | Listed for sale | $180,000-2.7% |
Source: SWMLS #1073113 Report a problem | ||
| 9/17/2024 | Listing removed | $185,000 |
Source: SWMLS #1066015 Report a problem | ||
| 7/20/2024 | Price change | $185,000-2.6% |
Source: SWMLS #1066015 Report a problem | ||
| 6/29/2024 | Listed for sale | $190,000 |
Source: SWMLS #1066015 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $768 -3% | $14,365 |
| 2024 | $792 -0.3% | $14,365 |
| 2023 | $795 +1.8% | $14,365 |
| 2022 | $780 0% | $14,365 |
| 2021 | $780 | $14,365 |
| 2020 | $780 | $14,365 |
| 2019 | -- | $14,365 |
| 2018 | $761 -2.5% | $14,365 |
| 2017 | $780 +1.2% | $14,365 |
| 2016 | $771 -94.6% | $14,365 |
| 2015 | $14,365 +1805% | $14,365 |
| 2014 | $754 | $14,365 |
Find assessor info on the county website
Neighborhood: Wells Park
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Nearby schools
GreatSchools rating
- 6/10Reginald Chavez Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 4/10Washington Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Albuquerque High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Reginald Chavez
- Middle: Washington
- High: Albuquerque
Source: SWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New Mexico
- Bernalillo County
- Albuquerque
- 87102
- Wells Park
- 1405 5th St NW
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