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1512 &1510 3rd Street

Albuquerque, NM 87102
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Bed 2

Bed

Bath 2

Bath

SqFt1,250

Sqft

Acres0.21

Acre(Lot)

.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 fut ure potential.

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Detail Ic Property Details

Property Type : Residential Income

Price : $390,000

AD Id : 76540200

MLS Id : 1100691

Beds : 2

Lot Size : 0.21 Acre

Living Area Size : 1,250 Sq. Ft

Tax Amount : $1,848.90

Year Built : 1920

County : Bernalillo

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 2

    Room Information

    Has Basement: Yes Basement: Unfinished
  • Flooring Information

    See Remarks
  • Interior Features

    Appliances: Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace Has Cooling: Yes Cooling: Evaporative Cooling, Other

  • Building Information

    Year Built: 1920 Building Area Total: 1250 Stories: 1 Private Pool: No

  • Lot Information

    Lot Size Acres: 0.21 Lot Size Source: Public Records Lot Size Square Feet: 9104

    Property Information

    Subdivision: N/A Source Property Type: Residential Income Postal Code Plus 4: 1410 Zoning Description: NR-LM* Levels: One Property Age: 106

  • Listing Price Information

    Listing Price: $390000 Original Price: $425000 Cash, Conventional, Owner May Carry

  • Tax Information

    Parcel Number: 101405830044611924 Annual Tax: $1848.9

  • Parking Information

    Parking Total: 4

  • Utility Information

    Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Location Information

    Direction: Aspen and 3rd Street south to 1512 3rd Street on east side of street.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
330 Cutler Avenue, Albuquerque, NM, 87102 $280,000 4 3 1,820 0.16 Acre
503 Martinez Drive, Albuquerque, NM, 87102 $419,000 3 3 1,495 0.09 Acre
2216 E Commercial Street, Albuquerque, NM, 87102 $289,000 3 2 1,275 0.13 Acre
1430 Franciscan Street, Albuquerque, NM, 87102 $165,000 2 1 867 0.26 Acre
902 Edith Boulevard, Albuquerque, NM, 87102 $398,500 3 2 2,435 0.11 Acre
515 Marble Avenue, Albuquerque, NM, 87102 $242,500 2 1 966 0.06 Acre
514 High Street, Albuquerque, NM, 87102 $480,000 3 2 2,400 0.16 Acre
209 Edith Boulevard, Albuquerque, NM, 87102 $445,000 5 2 1,870 0.16 Acre
409 Prospect Avenue, Albuquerque, NM, 87102 $125,000 2 1 576 0.07 Acre
517 Coal Avenue, Albuquerque, NM, 87102 $400,000 3 2 1,848 0.07 Acre

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Southwest Multiple Listing Service. All Rights Reserved.

ByOwner last updated this listing 09/21/2026 @ 12:19

MLS: 1100691 LISTED BY: Arturo Lucero, Lucero Realty 505-821-7978 SOURCE: Southwest MLS (Greater Albuquerque Association of REALTORS)

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