215 Madison Street NE Albuquerque, NM ^$ 424,000

215 Madison Street NE

^$ 424,000

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Recently Listed

215 Madison Street NE

Albuquerque, NM, 87108

^$ 424,000

Bedrooms4 Baths2.0 Sq 1,656

Monthly Estimate*

^$ 2,677

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Multi-Family Home for sale in Albuquerque, NM

for $424,000 with 4 bedrooms and 2 full baths. This 1,656 square foot home was built in 1946 on a lot size of 0.16.

Well maintained duplex close to the University of New Mexico! Terrific opportunity for a homeowner to live in one, rent the other or investor! Both units feature refrigerated air, CFA heat, hardwood floors, washer & dryer in the unit, separately metered gas & electric, separate yards, each has a 1CG. Excellent location close to popular UNM/Nob Hill area, shopping, art, dining, parks, hospitals & transportation. PLEASE DO NOT DISTURB TENANTS. Offers subject to inspection.

Multi-Family Active

Price

^$ 424,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,552

Style

Lot Size

0.16

Year Built

1946

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1105886

Features

General

Heating Forced Air

Cooling Refrigerated

Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected

Appliances Dryer Free-Standing Gas Range Microwave Refrigerator Washer

Construction Materials Frame Stucco

Year Built 1946

Tenant Pays Electricity Gas

Stories Count 1

Levels One

Property Subtype Duplex

Accessibility None

County Bernalillo

New Construction false

Property Type Residential Income

Subdivision Name Resvoir Add Subd

Green Energy Generation None

Status Active

Directions From San Mateo and Lomas South on San Mateo West on Grande South on Madison to 215.

City Albuquerque

Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure

Zoning Description R-MH*

Number Of Units Total 2

MLS Area 40 - UNM

Lot Size Square Feet 7013

Listing Terms Cash Conventional FHA VA Loan

Tax Annual Amount 2552.94

Property Condition Resale

Builder Name unknown

Standard Status Active

Total Actual Rent 1200

Property Sub Type Additional Duplex

Legal Description Lot 17 Block 3 The Heights Reservoir Addition

Interior

Flooring Tile Wood

Air Conditioning Y/N true

Heating Y/N true

Laundry Features Washer Hookup Dryer Hookup In Unit

Total Bedrooms 4

Total Baths 2

Exterior

Number of Buildings 1

Building Area Total 1656

Lot Size Acres 0.16

Lot Size Source Public Records

* Excluded Features

List By

Sandi D. Pressley

Listing Agent

Coldwell Banker Legacy

Broker

sandi@sandipressley.com

Affordability Calculator

$2,890

Per Month

Monthly Principal & Interest: $2,677
Monthly Property Taxes: $213
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$687,098

Percent of Sale Price 62%

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
6/19/2026	$424,000		Listed Price

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215 Madison Street NE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $424,000 with 1,656 sqft and a lot size of 0.16. 215 Madison Street NE has 4 bedrooms, 2.0 baths, and was built in 1946. The property's zip code is 87108 which is in Albuquerque, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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 6/24/2026.

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215 Madison Street NE

Multi-Family Home for sale in Albuquerque, NM

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