.Sellers are motivated and open to all reasonable offers. Rare opportunity to purchase an investment property featuring two homes on three city lots in a central Wells Park location. Excellent access to I-40, Downtown, and major corridors. Property offers ample parking, plus alley access with a gated entrance for additional vehicle/storage flexibility.Large lot size and zoning provide strong redevelopment potential for investors seeking long-term upside or multi-lot assembly. Both homes are currently occupied; please do not disturb tenants. Interior access available after an executed contract.Sellers also own 1514 and 1516 3rd St NW. These properties are not currently listed, but may be available next year, offering a rare chance to assemble a large contiguous section with significant future potential.
For sale
$390,000
1512 & 1510 3rd St NW, Albuquerque, NM 87102
2beds
2baths
1,250sqft
Multi Family, Single Family Residence
Built in 1920
-- sqft lot
$-- Zestimate®
$312/sqft
$-- HOA
What's special
Ample parkingLarge lot size
- 199 days
- 91
- 1
Zillow last checked:
Listing updated:
Listed by:
Arturo Lucero 505-821-7978,
Lucero Realty 505-821-7978
Source: SWMLS,MLS#: 1100691
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, Single Family Residence
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: 198 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
$1,694/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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Neighborhood: Wells Park
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