1505 -1507 1/2 Marble Avenue NW Albuquerque, NM ^$ 449,900

1505 -1507 1/2 Marble Avenue NW

^$ 449,900

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1505 -1507 1/2 Marble Avenue NW

Albuquerque, NM, 87104

^$ 449,900

Bedrooms2 Baths2.0 Sq 1,726

Monthly Estimate*

^$ 2,841

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Multi-Family Home for sale in Albuquerque, NM

for $449,900 with 2 bedrooms and 2 full baths. This 1,726 square foot home was built in 1916 on a lot size of 0.09.

Fantastic investment opportunity just minutes from Historic Old Town! This duplex features two 1-bedroom, 1-bath units, including one beautifully renovated and one currently leased, offering immediate income with the flexibility to owner-occupy or lease the vacant unit. Situated on a spacious lot, the property also includes a detached rear structure with future potential for storage, workshop space, or other possibilities (buyer to verify). Conveniently located near Old Town, Downtown, museums, restaurants, breweries, parks, and major commuter routes. A rare chance to own a versatile income property in one of Albuquerque's most desirable locations.

Multi-Family Active

Price

^$ 449,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,573

Style

Lot Size

0.09

Year Built

1916

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1108634

Features

General

Heating Central Ductless Forced Air

Cooling Ductless Multi Units Refrigerated

Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected

Appliances Dryer Dishwasher Free-Standing Gas Range Microwave Refrigerator Washer

Year Built 1916

Tenant Pays Electricity Gas Other See Remarks Water

Stories Count 1

Levels One

Property Subtype Duplex

County Bernalillo

New Construction false

Property Type Residential Income

Subdivision Name Perea Add

Green Energy Generation None

Status Active

Directions From Lomas And 16th Go North On 16th To Marble East On Marble To 1505/1507.

City Albuquerque

Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure

Zoning Description R-T*

Number Of Units Total 2

MLS Area 80 - Downtown Area

Lot Size Square Feet 4008

Listing Terms Cash Conventional Owner May Carry

Tax Annual Amount 5573.76

Property Condition Resale

Builder Name Uknonwn

Standard Status Active

Total Actual Rent 1800

Property Sub Type Additional Duplex

Interior

Flooring Carpet Free Tile Vinyl Wood

Air Conditioning Y/N true

Heating Y/N true

Total Bedrooms 2

Total Baths 2

Exterior

Exterior Amenities Lighting

Number of Buildings 2

Building Area Total 1726

Lot Size Acres 0.09

Lot Size Source Public Records

* Excluded Features

List By

Will Beecher

Listing Agent

Keller Williams Realty

Broker

willbeecher@gmail.com

Affordability Calculator

$3,305

Per Month

Monthly Principal & Interest: $2,841
Monthly Property Taxes: $464
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 ^$669,912

Percent of Sale Price 49%

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
8/6/2026	$449,900		Listed Price

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1505 -1507 1/2 Marble Avenue NW, Albuquerque, NM, 87104 is a Multi-Family Home for sale at $449,900 with 1,726 sqft and a lot size of 0.09. 1505 -1507 1/2 Marble Avenue NW has 2 bedrooms, 2.0 baths, and was built in 1916. 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 6.49% 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 8/9/2026.

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1505 -1507 1/2 Marble Avenue NW

Multi-Family Home for sale in Albuquerque, NM

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