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.''
For sale
$645,000
319 Rio Grande Blvd NW, Albuquerque, NM 87104
4beds
3baths
1,518sqft
Est.:
Multi Family, Single Family Residence
Built in 1950
-- sqft lot
$-- Zestimate®
$425/sqft
$-- HOA
What's special
- 20 days |
- 449 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: March 23, 2026 at 03:06pm
Listed by:
Amber Fosse 505-264-5455,
Absolute Real Estate 505-681-8578
Source: SWMLS,MLS#: 1099350
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Wall Furnace
Cooling
- Evaporative Cooling
Appliances
- Included: Refrigerator
Features
- Flooring: See Remarks
Interior area
- Total structure area: 1,518
- Total interior livable area: 1,518 sqft
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 9,583.2 Square Feet
Details
- Parcel number: 101305808535921220
- Zoning description: R-1A*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Single Family Residence
Condition
- Resale
- New construction: No
- Year built: 1950
Utilities & green energy
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
Green energy
- Energy generation: None
Community & HOA
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $425/sqft
- Tax assessed value: $191,741
- Annual tax amount: $3,088
- Date on market: 3/6/2026
- Cumulative days on market: 8 days
- Listing terms: Cash,Conventional
- Total actual rent: 1100
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2026 | Listed for sale | $645,000$425/sqft |
Source:  SWMLS #1099350 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,088 +3.1% | $63,907 +3% |
| 2024 | $2,994 +1.9% | $62,046 +3% |
| 2023 | $2,940 | $60,239 +3% |
| 2022 | -- | $58,485 +3% |
| 2021 | $2,692 +1.8% | $56,782 +3% |
| 2020 | $2,644 | $55,128 |
| 2019 | -- | $55,128 |
| 2018 | $1,280 -9.7% | $55,128 +85.3% |
| 2017 | $1,418 +7.3% | $29,747 +6.1% |
| 2016 | $1,322 -95.1% | $28,040 +3% |
| 2015 | $27,224 +2108.7% | $27,224 +3% |
| 2014 | $1,233 | $26,431 -12.4% |
| 2013 | $1,233 | $30,164 |
| 2012 | -- | $30,164 |
| 2011 | -- | $30,164 -40.9% |
| 2010 | -- | $51,062 +45.3% |
| 2009 | -- | $35,140 +3% |
| 2008 | -- | $34,117 +3% |
| 2007 | -- | $33,123 +3% |
| 2006 | -- | $32,159 +3% |
| 2005 | -- | $31,222 +3% |
| 2004 | -- | $30,313 +3% |
| 2003 | -- | $29,430 -0.1% |
| 2002 | -- | $29,455 +3% |
| 2001 | -- | $28,597 -3.1% |
| 2000 | -- | $29,497 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,693/mo
Principal & interest
$3231
Property taxes
$462
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Climate risks
Neighborhood: West Old Town
Nearby schools
GreatSchools rating
- 6/10Reginald Chavez Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Washington Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Albuquerque High SchoolGrades: 9-12Distance: 2.1 mi
Local experts in 87104
- New Mexico
- Bernalillo County
- Albuquerque
- 87104
- West Old Town
- 319 Rio Grande Blvd NW
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