Turnkey Income Property in a Historic Albuquerque Neighborhood. A bright, beautifully remodeled and highly versatile property located in one of Albuquerque's established historic neighborhoods, known for its character, mature trees and charm. This home offers both comfort and proven income potential, currently operating as a successful short term rental with over $68,000 Rev in 2026. Total sq footage is 1644 if you add 125 sq ft for casita.Main residence features new hickory hardwood floors, abundant natural light from multiple windows and skylights, modern fixtures and an updated kitchen with new appliances and a stylish backsplash. An attached studio casita adds exceptional flexibility. Each unit is fully private with separate entrances, separate yards and no interior ac.
For sale
$459,000
516 Arno St NE, Albuquerque, NM 87102
4beds
1,519sqft
Single Family Residence
Built in 1975
8,276 Square Feet Lot
$451,800 Zestimate®
$302/sqft
$-- HOA
What's special
Modern fixturesBright beautifully remodeledMature treesNew hickory hardwood floors
- 130 days |
- 436 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Edward Donovan 877-996-5728,
Continental RE Group, Inc 877-996-5728
Source: SWMLS,MLS#: 1099396
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Primary bedroom
- Level: Main
- Area: 156
- Dimensions: 12 x 13
Bedroom 2
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Kitchen
- Level: Main
- Area: 176
- Dimensions: 11 x 16
Living room
- Level: Main
- Area: 224
- Dimensions: 16 x 14
Heating
- Forced Air
Cooling
- Evaporative Cooling, Other
Appliances
- Included: Cooktop, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
- Laundry: Electric Dryer Hookup
Features
- Bathtub, Ceiling Fan(s), Entrance Foyer, High Speed Internet, Hot Tub/Spa, Living/Dining Room, Main Level Primary, Pantry, Skylights, Soaking Tub, Separate Shower
- Flooring: Tile, Wood
- Windows: Double Pane Windows, Insulated Windows, Skylight(s)
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,519
- Total interior livable area: 1,519 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Open, Patio
- Exterior features: Hot Tub/Spa, Outdoor Grill, Privacy Wall, Private Yard, Private Entrance
- Has spa: Yes
- Spa features: Hot Tub
- Fencing: Back Yard,Wall
Lot
- Size: 8,276 Square Feet
- Features: Corner Lot, Sprinklers In Rear, Landscaped
Details
- Additional structures: Shed(s)
- Parcel number: 101405845301941336
- Zoning description: R-1C*
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame, Stucco, Rock
- Foundation: Concrete Perimeter
- Roof: Pitched,Shingle
Condition
- Resale
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Available
Green energy
- Energy generation: None
Community & HOA
Community
- Security: Security System, Smoke Detector(s), Window Bars
- Subdivision: Martineztown Plan Phase 14
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $302/sqft
- Tax assessed value: $393,975
- Annual tax amount: $7,020
- Date on market: 3/6/2026
- Cumulative days on market: 131 days
- Listing terms: Cash,Conventional,FHA,Other,See Remarks,VA Loan
- Total actual rent: 0
Estimated market value
$451,800
$429,000 - $474,000
$2,384/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Price change | $459,000-2.1%$302/sqft |
Source:  SWMLS #1099396 Report a problem | ||
| 3/6/2026 | Listed for sale | $469,000$309/sqft |
Source: SWMLS #1099396 Report a problem | ||
| 2/27/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/19/2026 | Price change | $469,000-2.1%$309/sqft |
Source: Owner Report a problem | ||
| 1/27/2026 | Listed for sale | $479,000+12.7%$315/sqft |
Source: Owner Report a problem | ||
| 6/9/2023 | Sold | -- |
Source: SWMLS #1033675 Report a problem | ||
| 5/7/2023 | Pending sale | $425,000$280/sqft |
Source: SWMLS #1033675 Report a problem | ||
| 5/5/2023 | Listed for sale | $425,000+88.9%$280/sqft |
Source: SWMLS #1033675 Report a problem | ||
| 5/11/2022 | Sold | -- |
Source: SWMLS #1011718 Report a problem | ||
| 4/3/2022 | Pending sale | $225,000$148/sqft |
Source: SWMLS #1011718 Report a problem | ||
| 4/1/2022 | Listed for sale | $225,000$148/sqft |
Source: SWMLS #1011718 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,020 +14.1% | $131,311 +3% |
| 2024 | $6,153 +108.6% | $127,487 +111% |
| 2023 | $2,949 +217% | $60,427 +54.6% |
| 2022 | $930 -48.3% | $39,080 +3% |
| 2021 | $1,799 +1.8% | $37,941 +3% |
| 2020 | $1,767 | $36,837 +3% |
| 2019 | -- | $35,765 |
| 2018 | $2,161 +30.6% | $35,765 +3% |
| 2017 | $1,655 +7.3% | $34,723 +6.1% |
| 2016 | $1,543 -96.6% | $32,730 -28.8% |
| 2015 | $45,951 +2108.8% | $45,951 +3% |
| 2014 | $2,080 | $44,612 +3% |
| 2013 | $2,080 | $43,313 +3% |
| 2012 | -- | $42,051 +3% |
| 2011 | -- | $40,827 +3% |
| 2010 | -- | $39,642 -11.7% |
| 2009 | -- | $44,902 +3% |
| 2008 | -- | $43,595 +20.2% |
| 2007 | -- | $36,278 +3% |
| 2006 | -- | $35,222 +3% |
| 2005 | -- | $34,196 +10.7% |
| 2004 | -- | $30,896 +0.1% |
| 2003 | -- | $30,864 +2.4% |
| 2002 | -- | $30,130 +2.4% |
| 2001 | -- | $29,430 -1.6% |
| 2000 | -- | $29,897 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Martineztown
Nearby schools
GreatSchools rating
- 3/10Longfellow Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 6/10Jefferson Middle SchoolGrades: 6-8Distance: 1.7 mi
- 3/10Albuquerque High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Longfellow
- Middle: Jefferson
- High: Albuquerque
Source: SWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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