Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 4-bedroom, 5-bathroom residential multi family at 315 Rio Grande Boulevard NW in Albuquerque, NM is listed for $590,000 ($169 per sqft). Built in 1930, the home offers 3,495 sqft of living space on a 0.22 acres lot.

Agent 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.

Key Features

  • Built in 1930
  • 0.22 acre lot

Property Details

1 story
5 full
1930

Amenities

A/C

Monthly Cost Estimate

$3,155/mo

20% down · 6.5% · 30 years

Principal$427
Interest$2,557
Insurance$172

Estimates only. Actual payments may vary.

Location

315 Rio Grande Boulevard NW

Albuquerque, NM 87104

Property Details

Flooring

Concrete

Construction

Block Frame Stucco

Appliances

Refrigerator

Questions & Answers

This 4-bedroom, 5-bathroom residential multi family at 315 Rio Grande Boulevard NW is listed at $590,000 ($169/sqft). The estimated monthly payment is $2,557 based on 20% down at 6.5% interest.

Key features include: Built in 1930, 0.22 acre lot.

This property is listed by Amber Fosse and can be reached at 5052645455 or amberfosse@hotmail.com.

AF

Amber Fosse

Agent at Absolute Real Estate

(505) 264-5455

Listed by Absolute Real Estate

MLS# 1099347· Source: listhub· Updated 53 days ago

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.

315 Rio Grande Boulevard NW, Albuquerque, NM 87104

Open this listing in: