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315 Rio Grande Boulevard NW Albuquerque, NM $ 590,000
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$ 590,000 Get more info
315 Rio Grande Boulevard NW
$ 590,000
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315 Rio Grande Boulevard NW

Albuquerque, NM, 87104
$ 590,000
Baths1.0 Sq 3,495

Monthly Estimate*

$ 3,633

315 Rio Grande Boulevard NW, Albuquerque, NM 87104 - Image 1
315 Rio Grande Boulevard NW, Albuquerque, NM 87104 - Image 2
Studio

Multi-Family Home for sale in Albuquerque, NM

for $590,000 with 1 full bath. This 3,495 square foot home was built in 1930 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 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.

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Multi-Family Active

Price

$ 590,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 8,714

Style

Lot Size

0.22

Year Built

1930

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1099347
Features
General
Heating Wall Furnace
Cooling Evaporative Cooling
Utilities Cable Available Electricity Connected Natural Gas Connected Phone Available Sewer Available Water Available
Appliances Refrigerator
Construction Materials Block Frame Other Stucco
Year Built 1930
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Property Subtype Other
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 5
MLS Area 80 - Downtown Area
Lot Size Square Feet 9531
Listing Terms Cash Conventional
Year Built Details Year is approximate.
Tax Annual Amount 8714.68
Property Condition Resale
Builder Name Unknown
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional Other
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Interior
Flooring Concrete
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 0
Unit Type Manager's Unit
Total Baths 1
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Exterior
Number of Buildings 3
Building Area Total 3495
Lot Size Acres 0.22
Lot Size Source Public Records
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* Excluded Features
List By
Amber Fosse

Listing Agent

Absolute Real Estate

Broker

amberfosse@hotmail.com

Email

Affordability Calculator

$4,359
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,633
Monthly Property Taxes
$726
Monthly 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/6/2026$590,000 Listed Price

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315 Rio Grande Boulevard NW, Albuquerque, NM, 87104 is a Multi-Family Home for sale at $590,000 with 3,495 sqft and a lot size of 0.22. 315 Rio Grande Boulevard NW is a studio with 1.0 baths and was built in 1930. The property's zip code is 87104 which is in Albuquerque, NM

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