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Duplex with Basement on Multiple Lots
For Sale
$390,000

1512 &1510 3rd Street NW, Albuquerque, NM 87102

MULTI_FAMILY - Albuquerque, NM

Property Size573 SF
Lot Size0.21 Acres
Price / SF$680.63
Days on Market147

Property Features for 1512 &1510 3rd Street NW

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description NR-LM*
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Basement
Parking 4
Appliances Refrigerator
Directions Aspen and 3rd Street south to 1512 3rd Street on east side of street.
Subdivision 80 - Downtown Area
Standard status Active
APN 101405830044611924
Size 573 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Annual Amount 1849

Building Details

Year built 1920
Floors in Building 1
Number of units 2
Listing Agency: Lucero Realty
Listed By: Arturo Lucero · License #12624
Added: Mar 18 Changed: Aug 3 Last Checked: Aug 11 at 8:06PM
MLS# 1100691

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex features two houses on three lots, with a total building size of 573 SF and a basement. The homes include bedroom and bathroom space as well as an included refrigerator.

The property is located at 1512 & 1510 3rd Street NW in Albuquerque, NM 87102, with easy access to I-40 and downtown. Off-street parking is available, and there is additional backyard access through an alley with a gate.

Built in 1920, the property’s lot configuration may support a range of options for future use, given the existing multi-lot setup and alley access. Buyers should evaluate unit layout and the basement space during due diligence.

Key Highlights

  • Two houses on three lots
  • 0.21‑acre site at 1512 & 1510 3rd Street NW, Albuquerque, NM 87102
  • Basement included

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Nail Salon Skin Care Clinic Electrical Service HVAC Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,219
Businesses Nearby

Demographics for 87102, NM

20,610
Population
11,346
Households
1.8
Avg Household Size
38
Median Age
34%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,171
Density / Sq Mi
$37,276
Median Household Income
$29,184
Median Earnings
$868
Median Rent
$174,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex on 0.21 acres with two houses, basement space, and alley-accessible parking for convenient day-to-day use.
Where is this duplex located?
The property is located at 1512 &1510 3rd Street NW Albuquerque, NM.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Two houses on three lots; 0.21‑acre site at 1512 & 1510 3rd Street NW, Albuquerque, NM 87102; Basement included
More about this property
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