516 Alvarado Drive SE Albuquerque, NM ^$ 214,900

516 Alvarado Drive SE

^$ 214,900

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Recently Listed

516 Alvarado Drive SE

Albuquerque, NM, 87108

^$ 214,900

Bedrooms1 Baths1.0 Sq 1,186

Monthly Estimate*

^$ 1,357

516 Alvarado Drive SE, Albuquerque, NM 87108 - Image 1

Multi-Family Home for sale in Albuquerque, NM

for $214,900 with 1 bedroom and 1 full bath. This 1,186 square foot home was built in 1950 on a lot size of 0.16.

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Multi-Family Active

Price

^$ 214,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,861

Style

Lot Size

0.16

Year Built

1950

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1105850

Features

General

Heating Wall Furnace

Cooling Evaporative Cooling

Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected

Appliances Free-Standing Gas Range Refrigerator

Construction Materials Stucco

Year Built 1950

Tenant Pays Electricity Gas

Stories Count 1

Levels One

Property Subtype Duplex

County Bernalillo

New Construction false

Property Type Residential Income

Green Energy Generation None

Status Active

Directions From I-25: Take Exit 222A (Gibson Blvd East).Go east on Gibson Blvd. Turn left (north) on San Mateo Blvd SE. Turn right (east) on Zuni Rd SE. Turn left (north) on Alvarado Dr.

City Albuquerque

Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure

Zoning Description R-MH*

Number Of Units Total 2

MLS Area 71 - Southeast Heights

Lot Size Square Feet 6752

Listing Terms Cash Conventional FHA VA Loan

Tax Annual Amount 1861.84

Property Condition Resale

Builder Name Unknwon

Standard Status Active

Total Actual Rent 0

Property Sub Type Additional Duplex

Expected Active Date 2026-06-26

Interior

Flooring Vinyl

Air Conditioning Y/N true

Heating Y/N true

Total Bedrooms 1

Total Baths 1

Exterior

Number of Buildings 1

Building Area Total 1186

Lot Size Acres 0.16

Lot Size Source Public Records

* Excluded Features

List By

Amanda K Sanderson

Listing Agent

Arete Real Estate Llc

Broker

amanda@teamdukecity.com

Affordability Calculator

$1,512

Per Month

Monthly Principal & Interest: $1,357
Monthly Property Taxes: $155
Monthly Home Insurance: --

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Down Payment

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 ^$690,703

Percent of Sale Price 221%

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
6/26/2026	$214,900		Listed Price

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516 Alvarado Drive SE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $214,900 with 1,186 sqft and a lot size of 0.16. 516 Alvarado Drive SE has 1 bedrooms, 1.0 baths, and was built in 1950. 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 6/26/2026.

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516 Alvarado Drive SE

Multi-Family Home for sale in Albuquerque, NM

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