About This Home

This 4-bedroom, 3-bathroom single family at 322 Princeton Drive SE in Albuquerque, NM is listed for $575,000 ($314 per sqft). Built in 1935, the home offers 1,831 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1935
  • 0.16 acre lot
  • 2 stories

Property Details

2 stories
1 full
1935

Amenities

A/C
Listing Description

Seller is offering $20k Seller Concession toward a Buyer's interest rate buy down. A rare, fully reimagined property near UNM, CNM, UNM Hospital, and Presbyterian! This beautifully renovated home offers exceptional flexibility with a fully updated main residence plus a newly finished casita/ADU -- perfect for multi-generational living, guest quarters, rental income, or investment potential.

The main home features new flooring, updated windows, renovated bathrooms, a stylish kitchen with new porcelain countertops, an added 3/4 bath, and a completely finished basement with laundry -- ideal for a home office, game room, studio, workout area, or flex space.

Plumbing and electrical have been extensively upgraded to current code standards, and a newer HVAC system was installed for the main home approximately two years ago. The casita includes its own bedroom, 3/4 bath, kitchen, living area, new appliances, and new porcelain countertops.

Major improvements have already been completed, including modern finishes, refrigerated air, off-street parking, backyard access for casita parking, and wiring in place for a future EV outlet. With two beautifully finished spaces in one of Albuquerque's most convenient locations, this turnkey property is truly a must-see!

Monthly Cost Estimate

$3,075/mo

20% down · 6.5% · 30 years

Principal$416
Interest$2,492
Insurance$168

Estimates only. Actual payments may vary.

Location

322 Princeton Drive SE

Albuquerque, NM 87106

UNIVERSITY HEIGHTS SUBDIVISION

Features & Amenities

Interior Features

MainLevelPrimaryPantryShowerOnlySeparateShower

Exterior Features

PatioPrivateYardPrivateEntrance

Property Details

Flooring

VinylCarpet

Construction

Block Stucco

Outdoor Features

Patio

Heating

CentralNatural GasForced Air

Cooling

Ductless

Appliances

DryerDishwasherFreeStandingGasRangeMicrowaveRefrigeratorWasher

Questions & Answers

This 4-bedroom, 3-bathroom single family at 322 Princeton Drive SE is listed at $575,000 ($314/sqft). The estimated monthly payment is $3,076 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1935, 0.16 acre lot, 2 stories. Interior Features: MainLevelPrimary, Pantry, ShowerOnly. Exterior Features: Patio, PrivateYard, PrivateEntrance.

This property is listed by Cassandra D Morrison.

CM

Cassandra D Morrison

License 18848

Agent at Real Broker, LLC

Listed by Real Broker, LLC · Broker phone: (855) 450-0442 · View on Broker Site · Broker website

MLS# 1105991· Source: Southwest MLS· 130 days on PropertySimple

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.

322 Princeton Drive SE, Albuquerque, NM 87106

Open this listing in: