$560,000

$160/sqftactive

315 Rio Grande Boulevard NW, Albuquerque, NM 87104

102 days on market

Beds

Baths

Sqft

3,495

Lot

9,531 sqft

Built

1930

Type

multi family

About This Property

DO NOT ENTER PROPERTY/ DO NOT DISTURB TENANTS. Just steps to Old Town Plaza and almost a quarter acre lot. Rare find! Available are two side-by-side multi-unit/ multi-building properties in prime Old Town (also see listing for 319 Rio Grande NW [next door]). This property consists of a Rio Grande Blvd-facing commercial storefront building with a private exterior entry 2nd floor studio apt., a separate duplex building (one 2-bed/1-bath + one studio/1-bath) as well as a private 2-bed/1-bath casita at the back of the lot. Close to I-25, Rio Grande River, downtown, etc. Great potential for possible complete redevelopment? Or rehab as a multi-unit AirBnB with gift shop or gallery. Or maybe even turn this property into a multi-generational private urban ''homestead'' with a family-run store.

Features & Amenities

Refrigerator

Concrete Flooring

Property Details

MLS #	1099347
Property Type	multi family
Year Built	1930
Heating	WallFurnace
Cooling	EvaporativeCooling
Lot Size	9,531 sqft
Property Tax (est.)	$8,715/yr ($726/mo)
Price / Sqft	$160
Status	Active
Days on Market	102

About Downtown / EDo → Full Guide

Price vs. Neighborhood

This home

$560,000

Downtown / EDo median

$310,000

81% above the Downtown / EDo median. Homes here sell in an average of 36 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 Absolute Real Estate. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.