319 Rio Grande Boulevard NW Albuquerque, NM 87104
MULTI_FAMILY - Albuquerque, NM
Property Features for 319 Rio Grande Boulevard NW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2
- Appliances
- Refrigerator
- Standard status
- Active
- APN
- 101305808535921220
- Size
- 1,518 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3088
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 3
Listing agent Amber Fosse License #48673 (505) 264-5455
Listing office Absolute Real Estate 1100 Alameda Blvd. NW, Rio Rancho, NM (505) 681-8578
Listing date Sep 4, 2025
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.
The property is located just steps to Old Town Plaza. It is also described as being close to I-25, the Rio Grande River, and downtown, which may support tenants seeking convenient access to established areas of Albuquerque.
With three independent residential units across a house and a duplex, this configuration can appeal to buyers looking for an owner-occupied setup with rental income, or for an operator evaluating a multi-unit rehab approach. The listing also notes the possibility of redevelopment or extensive rehabilitation, including use considerations for short-term rentals such as AirBnB. Prospective buyers should confirm current condition, tenancy status, and allowable uses with appropriate local authorities before making plans for renovations or conversion.
Key Highlights
- Two side‑by‑side multi‑unit/multi‑building properties in Old Town; also listed next door as 315 Rio Grande NW
- 1950‑built 2‑bedroom/1‑bath house plus a separate duplex building toward the back of the lot
- Duplex includes two 1‑bedroom/1‑bath apartments
