319 Rio Grande Boulevard NW Albuquerque, NM ^$ 645,000

319 Rio Grande Boulevard NW

^$ 645,000

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Recently Listed

319 Rio Grande Boulevard NW

Albuquerque, NM, 87104

^$ 645,000

Bedrooms2 Baths1.0 Sq 1,518

Monthly Estimate*

^$ 3,971

319 Rio Grande Boulevard NW, Albuquerque, NM 87104 - Image 1

319 Rio Grande Boulevard NW, Albuquerque, NM 87104 - Image 2

Multi-Family Home for sale in Albuquerque, NM

for $645,000 with 2 bedrooms and 1 full bath. This 1,518 square foot home was built in 1950 on a lot size of 0.22.

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 315 Rio Grande NW [next door]). This property consists of a 2-bdrm/1 bath house + a separate duplex building towards the back of the lot which contains two 1-br/1-bath apartments. Off-street parking for all tenants! Close to I-25, Rio Grande River, downtown, etc. Great potential for possible complete redevelopment? Or rehab as a multi-unit AirBnB. Or maybe even turn this property into a multi-generational private urban ''homestead.''

Multi-Family Active

Price

^$ 645,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,088

Style

Lot Size

0.22

Year Built

1950

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1099350

Features

General

Heating Wall Furnace

Cooling Evaporative Cooling

Utilities Cable Available Electricity Connected Natural Gas Connected Phone Available Sewer Connected

Appliances Refrigerator

Year Built 1950

Tenant Pays Electricity

Stories Count 1

Levels One

County Bernalillo

New Construction false

Property Type Residential Income

Green Energy Generation None

Status Active

Directions From Mountain Rd. and Rio Grande go south towards Central. Property is on west side of street.

City Albuquerque

Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure

Zoning Description R-1A*

Number Of Units Total 3

MLS Area 80 - Downtown Area

Lot Size Square Feet 9453

Listing Terms Cash Conventional

Year Built Details Build year is approximate

Tax Annual Amount 3088.18

Property Condition Resale

Structure Type House

Builder Name Unknown

Standard Status Active

Occupancy Type Owner

Interior

Flooring See Remarks

Air Conditioning Y/N true

Heating Y/N true

Total Bedrooms 2

Total Baths 1

Exterior

Number of Buildings 2

Building Area Total 1518

Lot Size Acres 0.22

Lot Size Source Public Records

* Excluded Features

List By

Amber Fosse

Listing Agent

Absolute Real Estate

Broker

amberfosse@hotmail.com

Affordability Calculator

$4,229

Per Month

Monthly Principal & Interest: $3,971
Monthly Property Taxes: $257
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Albuquerque, NM

Average List Price ^$599,538

Percent of Sale Price 7%

About Albuquerque, NM

565,162 Population

25% Since 2002

^$49,805 Median Income

36.92 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/6/2026	$645,000		Listed Price

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319 Rio Grande Boulevard NW, Albuquerque, NM, 87104 is a Multi-Family Home for sale at $645,000 with 1,518 sqft and a lot size of 0.22. 319 Rio Grande Boulevard NW has 2 bedrooms, 1.0 baths, and was built in 1950. The property's zip code is 87104 which is in Albuquerque, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 3/7/2026.

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319 Rio Grande Boulevard NW

Multi-Family Home for sale in Albuquerque, NM

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