$390,000

$681/sqftactive

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

163 days on market

Beds

Baths

Sqft

573

Lot

9,104 sqft

Built

1920

Type

multi family

About This Property

.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.

Features & Amenities

Refrigerator

See Remarks Flooring

4 Parking Spaces

Subdivision: N/A

Property Details

MLS #	1100691
Property Type	multi family
Year Built	1920
Heating	WallFurnace
Cooling	EvaporativeCooling,Other
Lot Size	9,104 sqft
Property Tax (est.)	$1,849/yr ($154/mo)
Price / Sqft	$681
Status	Active
Days on Market	163

About Downtown / EDo → Full Guide

Price vs. Neighborhood

This home

$390,000

Downtown / EDo median

$335,000

16% above the Downtown / EDo median. Homes here sell in an average of 40 days.

Commute Times

Unm

8 min

Downtown

0 min

Abq Studios

18 min

Sandia Labs

20 min

Kirtland Afb

15 min

Presbyterian

5 min

Intel Rio Rancho

30 min

Nearby Schools

Albuquerque High School

9-12 · APS

5/10

Longfellow Elementary

K-5 · APS

4/10

Washington Middle School

6-8 · APS

4/10

Neighborhood Guide

Explore Downtown / EDo

Urban & Revitalizing

Listing courtesy of Lucero Realty. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.