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For sale
    • $1,375,000

    1508 Edith Blvd NE, Albuquerque, NM 87102

    11beds
    8baths
    5,304sqft
    : 
    $8,794/mo
    Get pre-qualified
    Multi Family
    Built in 1949
    -- sqft lot
    $-- Zestimate®
    $259/sqft
    $-- HOA

    What's special

    Rv pad with hookupsMorton steel buildingAmple parkingOn-site laundry roomDedicated outdoor living spaces
    Introducing Academy Casitas, Albuquerque's unique tiny village in the heart of downtown. This 8-unit hacienda-style community sits on a private, scenic .52 acre lot with ample parking and mixed-use zoning. Thoughtfully developed over 20 years, the property blends Southwestern charm with functional design, offering privacy and dedicated outdoor living spaces. Features include an on-site laundry room, a Morton steel building, and an RV pad with hookups. Well maintained with updates to roof, HVAC, appliances, and sewer/water lines. Flexible rental options for short- or long-term use. Turnkey asset with strong cash flow and upside potential. Academy Casitas domain https://academycasitas.com/ will convey with the sale of the property.
    138 days
    |
    147
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Vertical Real Estate 877-366-2213,

    LPT Realty 877-366-2213,

    Mario S Zaragoza 505-695-9337,

    LPT Realty

    Source: SWMLS,MLS#: 1101065MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 8
      Heating
      • Forced Air
      Cooling
      • Evaporative Cooling, Ceiling Fan(s)
      Appliances
      • Included: Dryer, Free-Standing Gas Range, Microwave, Refrigerator, Washer
      Features
      • Ceiling Fan(s)
      • Flooring: Laminate, Tile
      • Fireplace features: Option
      Interior area
      • Total structure area: 5,304
      • Total interior livable area: 5,304 sqft

      Property

      Accessibility
      • Accessibility features: Wheelchair Access
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 0.52 Acres
      Details
      • Parcel number: 101505803839220401
      • Zoning description: MX-T*

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Frame, Stucco
      Condition
      • Resale
      • New construction: No
      • Year built: 1949

      Utilities & green energy

      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
      Green energy
      • Energy generation: None

      Community & HOA

      Community
      • Features: Deck/Porch, Laundry Facilities, Storage Facilities
      • Security: Security Gate
      Location
      • Region: Albuquerque

      Financial & listing details

      • Price per square foot: $259/sqft
      • Tax assessed value: $296,176
      • Annual tax amount: $4,171
      • Date on market: 4/3/2026
      • Cumulative days on market: 138 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Total actual rent: 10535
      • Tenant pays: Electricity, Gas, Other, See Remarks

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,308/mo

        Price history

        DateEventPrice
        5/28/2026Listing removed$1,650
        Source: Zillow Rentals Report a problem
        4/29/2026Listed for rent$1,650+3.1%
        Source: Zillow Rentals Report a problem
        4/24/2026Listing removed$1,600
        Source: Zillow Rentals Report a problem
        4/3/2026Listed for sale$1,375,000$259/sqft
        Source: SWMLS #1101065 Report a problem
        3/16/2026Price change$1,600+0.9%
        Source: Zillow Rentals Report a problem
        2/25/2026Price change$1,585-2.5%
        Source: Zillow Rentals Report a problem
        12/26/2025Listed for rent$1,625
        Source: Zillow Rentals Report a problem
        10/28/2025Listing removed$1,625
        Source: Zillow Rentals Report a problem
        10/15/2025Price change$1,625+27.5%
        Source: Zillow Rentals Report a problem
        9/4/2025Listed for rent$1,275-17.7%
        Source: SWMLS #1090807 Report a problem
        3/26/2024Listing removed--
        Source: Zillow Rentals Report a problem
        3/20/2024Listed for rent$1,550
        Source: Zillow Rentals Report a problem
        3/4/2024Listing removed--
        Source: Zillow Rentals Report a problem
        1/26/2024Listed for rent$1,550+10.7%
        Source: Zillow Rentals Report a problem
        1/6/2023Listing removed--
        Source: Zillow Rentals Report a problem
        12/8/2022Price change$1,400-3.4%
        Source: Zillow Rentals Report a problem
        11/29/2022Listed for rent$1,450+15.1%
        Source: Zillow Rental Manager Report a problem
        1/25/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        1/18/2021Listed for rent$1,260+8.6%
        Source: Zillow Rental Manager Report a problem
        10/15/2018Listing removed$1,160
        Source: Owner Report a problem
        8/28/2018Listed for rent$1,160+5.6%
        Source: Owner Report a problem
        11/8/2017Listing removed$1,099
        Source: Owner Report a problem
        9/29/2017Price change$1,099-5.2%
        Source: Owner Report a problem
        9/24/2017Listed for rent$1,159
        Source: Owner Report a problem
        6/26/2006Sold--
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,171 +3.2%$98,715 +3%
        2024$4,044 -45%$95,841 -44.3%
        2023$7,348 +91.2%$171,950 +90.3%
        2022$3,842 +3.5%$90,339 +3%
        2021$3,713 +1.7%$87,709 +3%
        2020$3,653 $85,154 +3%
        2019-- $82,674
        2018$4,743 +38.7%$82,674 +3%
        2017$3,419 +6.2%$80,267 +6.1%
        2016$3,219 -97.1%$75,660 -32%
        2015$111,223 +2169.3%$111,223 -3.6%
        2014$4,901 $115,422
        2013$4,901 $115,422
        2012-- $115,422
        2011-- $115,422
        2010-- $115,422 +8.4%
        2009-- $106,433 +3%
        2008-- $103,333 +3%
        2007-- $100,324 +46.3%
        2006-- $68,579 +3%
        2005-- $66,582 +3%
        2004-- $64,643 +3%
        2003-- $62,760 +2.1%
        2002-- $61,461 +2.3%
        2001-- $60,060 -2.2%
        2000-- $61,394
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Santa Barbara

        Getting around

        57 / 100
        Somewhat Walkable
        34 / 100
        Some Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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