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315 Rio Grande Boulevard NW, Albuquerque, NM 87104

Bernalillo County

Key Facts

4Beds
5Baths
3,495Sq Ft
1930Year Built
0.22Lot (acres)
1Stories

Description

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 319 Rio Grande NW [next door]). This property consists of a Rio Grande Blvd-facing commercial storefront building with a private exterior entry 2nd floor studio apt., a separate duplex building (one 2-bed/1-bath + one studio/1-bath) as well as a private 2-bed/1-bath casita at the back of the lot. Close to I-25, Rio Grande River, downtown, etc. Great potential for possible complete redevelopment? Or rehab as a multi-unit AirBnB with gift shop or gallery. Or maybe even turn this property into a multi-generational private urban ''homestead'' with a family-run store.

Property Information

Property Type

Residential Income

Year Built

1930

Stories

1

Living Area

3,495 sq ft

Lot Size

0.22 acres

Days on Market

102

MLS® Listing#

1099347

Property Features

Appliances

Refrigerator

Cooling

Evaporative Cooling

Heating

Wall Furnace

Flooring

Concrete

Construction

BlockFrameOtherStucco

Utilities

Natural Gas AvailableCable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer AvailableWater Available

Financial Details

Annual Taxes

$8,715

Parcel Number

101305807835421219

Directions

From Mountain Rd. and Rio Grande, go south towards Central. Property is on west side of street.

Affordability Calculator

$112,000

Estimated monthly payment

$2,981/mo

Principal $448,000 · Est. interest $625,000 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Albuquerque, NM

$404,884
Median Listing Price
44
Median Days on Market
1,937
Median Sq Ft
$222
Median Price / Sq Ft
1,339
Active Listings
  • This home’s price is 38% above the area median.
  • Its price per sq ft is 28% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Albuquerque, NM.

Location

Map showing the location of 315 Rio Grande Boulevard NW, Albuquerque, NM 87104

Getting Around

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Points of Interest in Albuquerque, NM

Showing the Albuquerque area map.

Nearby Schools

  • Our Lady of the Angels School

    School · 0.1 mi away

  • Alice King Community School

    School · 0.3 mi away

  • San Felipe de Neri Catholic School

    Elementary · 0.3 mi away

  • Ace Leadership High School

    Secondary · 0.3 mi away

  • Reginald Chavez Elementary School

    Elementary · 0.4 mi away

  • Manzano Day School

    Secondary · 0.5 mi away

  • Tierra Adentro Arts Charter School

    Secondary · 0.5 mi away

  • Washington Middle School

    Secondary · 1.0 mi away

  • Duranes Elementary School

    Elementary · 1.0 mi away

  • Albuquerque Public Schools

    School · 1.0 mi away

  • Escuela del Sol Montessori

    Elementary · 1.1 mi away

  • Montessori of the Rio Grande Charter School

    Elementary · 1.1 mi away

  • Naca

    School · 1.2 mi away

  • Lew Wallace Elementary School

    Elementary · 1.2 mi away

  • Siembra Leadership High School

    Secondary · 1.4 mi away

  • Cochiti Elementary School

    Elementary · 1.4 mi away

  • Amy Biehl High School

    Secondary · 1.4 mi away

  • Valle Vista Elementary School

    Elementary · 1.5 mi away

  • Choices for Children Day School

    School · 1.5 mi away

  • Dolores Gonzales Elementary School

    Elementary · 1.6 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Albuquerque

Listing Courtesy: Absolute Real Estate - 5056818578

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Southwest Multiple Listing Service. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by SouthwestMLS. MLS® Listing#1099347. © 2026EXIT Realty®. All rights reserved.