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.
For sale
$1,375,000
1508 Edith Blvd NE, Albuquerque, NM 87102
11beds
8baths
5,304sqft
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
- 189 days
- 100
- 11
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#: 1101065
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: 190 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
$1,673/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Listing removed | $1,650 |
Source: Zillow Rentals Report a problem | ||
| 4/29/2026 | Listed for rent | $1,650+3.1% |
Source: Zillow Rentals Report a problem | ||
| 4/24/2026 | Listing removed | $1,600 |
Source: Zillow Rentals Report a problem | ||
| 4/3/2026 | Listed for sale | $1,375,000$259/sqft |
Source:  SWMLS #1101065 Report a problem | ||
| 3/16/2026 | Price change | $1,600+0.9% |
Source: Zillow Rentals Report a problem | ||
| 2/25/2026 | Price change | $1,585-2.5% |
Source: Zillow Rentals Report a problem | ||
| 12/26/2025 | Listed for rent | $1,625 |
Source: Zillow Rentals Report a problem | ||
| 10/28/2025 | Listing removed | $1,625 |
Source: Zillow Rentals Report a problem | ||
| 10/15/2025 | Price change | $1,625+27.5% |
Source: Zillow Rentals Report a problem | ||
| 9/4/2025 | Listed for rent | $1,275-17.7% |
Source: SWMLS #1090807 Report a problem | ||
| 3/26/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/20/2024 | Listed for rent | $1,550 |
Source: Zillow Rentals Report a problem | ||
| 3/4/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/26/2024 | Listed for rent | $1,550+10.7% |
Source: Zillow Rentals Report a problem | ||
| 1/6/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/8/2022 | Price change | $1,400-3.4% |
Source: Zillow Rentals Report a problem | ||
| 11/29/2022 | Listed for rent | $1,450+15.1% |
Source: Zillow Rental Manager Report a problem | ||
| 1/25/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/18/2021 | Listed for rent | $1,260+8.6% |
Source: Zillow Rental Manager Report a problem | ||
| 10/15/2018 | Listing removed | $1,160 |
Source: Owner Report a problem | ||
| 8/28/2018 | Listed for rent | $1,160+5.6% |
Source: Owner Report a problem | ||
| 11/8/2017 | Listing removed | $1,099 |
Source: Owner Report a problem | ||
| 9/29/2017 | Price change | $1,099-5.2% |
Source: Owner Report a problem | ||
| 9/24/2017 | Listed for rent | $1,159 |
Source: Owner Report a problem | ||
| 6/26/2006 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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