For sale

Price cut: $35K (7/1)

$390,000

1512 & 1510 3rd St NW, Albuquerque, NM 87102

2beds

2baths

1,250sqft

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Multi Family

Built in 1920

-- sqft lot

$-- Zestimate^®

$312/sqft

$-- HOA

What's special

Plenty of parking

THE SELLERS ARE MOTIVATED AND OPEN TO ALL REASONABLE OFFERS! A rare opportunity to purchase an investment property in a central location with 2 houses on 3 lots. Conveniently located with easy access to I-40 and downtown. Plenty of parking with additional backyard access through alley with gate. Redevelopment potential due to lot size + zoning. Sellers also own 1514 and 1516 3rd Street NW but homes are not currently for sale. Possibly for sale next year for a great acquisition of a large section with great upside potential.

114 days

198

2

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2

Heating

Wall Furnace

Cooling

Evaporative Cooling, Other

Appliances

Included: Refrigerator

Features

Flooring: See Remarks
Basement: Unfinished

Interior area

Total structure area: 1,250
Total interior livable area: 1,250 sqft

Property

Parking

Total spaces: 4

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1

Lot

Size: 9,147 Square Feet

Details

Has additional parcels: Yes
Parcel number: 101405830044611924
Zoning description: NR-LM*

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

Resale
New construction: No
Year built: 1920

Utilities & green energy

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

Green energy

Energy generation: None

Community & HOA

Community

Features: Storage Facilities

Location

Region: Albuquerque

Financial & listing details

Price per square foot: $312/sqft
Annual tax amount: $1,848
Date on market: 3/27/2026
Cumulative days on market: 114 days
Listing terms: Cash,Conventional,Owner May Carry
Total actual rent: 2000
Tenant pays: Electricity, Gas

Estimated market value

Not available

Estimated sales range

Not available

$1,586/mo

Price history

Date	Event	Price
7/1/2026	Price change	$390,000-8.2%$312/sqft
Source: SWMLS #1100691 Report a problem
3/28/2026	Listed for sale	$425,000$340/sqft
Source: SWMLS #1100691 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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