For sale

$449,900

1505-1507 1/2 Marble Ave NW, Albuquerque, NM 87104

2beds

2baths

1,726sqft

$2,995/mo

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Duplex, Multi Family

Built in 1916

-- sqft lot

$-- Zestimate^®

$261/sqft

$-- HOA

What's special

Detached rear structureSpacious lot

Fantastic investment opportunity just minutes from Historic Old Town! This duplex features two 1-bedroom, 1-bath units, including one beautifully renovated and one currently leased, offering immediate income with the flexibility to owner-occupy or lease the vacant unit. Situated on a spacious lot, the property also includes a detached rear structure with future potential for storage, workshop space, or other possibilities (buyer to verify). Conveniently located near Old Town, Downtown, museums, restaurants, breweries, parks, and major commuter routes. A rare chance to own a versatile income property in one of Albuquerque's most desirable locations.

21 hours

94

7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2

Heating

Central, Ductless, Forced Air

Cooling

Ductless, Multi Units, Refrigerated

Appliances

Included: Dryer, Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator, Washer

Features

Flooring: Carpet Free, Tile, Vinyl, Wood

Interior area

Total structure area: 1,726
Total interior livable area: 1,726 sqft

Property

Features

Levels: One
Stories: 1
Exterior features: Lighting

Lot

Size: 3,920 Square Feet

Details

Parcel number: 101305835127010213
Zoning description: R-T*

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family

Condition

Resale
New construction: No
Year built: 1916

Utilities & green energy

Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Green energy

Energy generation: None

Community & HOA

Community

Subdivision: Perea Add

Location

Region: Albuquerque

Financial & listing details

Price per square foot: $261/sqft
Annual tax amount: $5,573
Date on market: 8/6/2026
Listing terms: Cash,Conventional,Owner May Carry
Total actual rent: 1800
Tenant pays: Electricity, Gas, Other, See Remarks, Water

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/6/2026	Listed for sale	$449,900$261/sqft
Source: SWMLS #1108634 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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