609 Page Ave NE · Albuquerque, NM
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $706 – $1,312
Heat risk 5/10 · Moderate
- Hot days now (above 95°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +26.2/30.0
- ARV discount +15.0/15.0
- DSCR +8.9/10.0
- 1% rule +7.2/10.0
- Schools +6.5/10.0
- Rent growth +3.7/5.0
- Livability +3.6/5.0
- Condition / age +1.0/5.0
- Appreciation +0.0/10.0
$135,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Charming old adobe fixer-upper with a loft AND and accessory dwelling unit in the Martinez Town Subdivision. Two bedroom one bath home with a large kitchen. Big lot with backyard access. This home is in need of significant repairs. Property will be sold as-is. No repairs will be done by the seller. This has huge upside potential. ALL OFFERS WILL BE CONSIDERED.
Key facts
- Big lot
- Backyard access
- Large kitchen
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $135k. Condition is rated poor.
Deal economics
- At list price, monthly cash flow is $344 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $135k).
- Recommended offer: $119k (12.0% below list) — sets the bar for market timing.
- Cap rate 9.4% vs local median 3.8% in Albuquerque — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 72/100 on livability (#13 in NM) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime F.
- Albuquerque Public Schools (urban): math 51% / reading 75% proficiency, ranked #3 of 29 in NM (top 10%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Coronado Elementary (308 students, 30% FRL); Jefferson Middle (644 students, 46% FRL); Albuquerque High (math 52% / reading 77%, grade B-, #22 of 110 statewide, top 22%, 1,714 students, 45% FRL) — zoned schools average 40% FRL vs 60% district-wide (20 pts lower); this property's tenant base skews higher-income than the district average.
- Market conditions: Rents rising fast (+4.9%/yr); 199 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 52d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 78% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 1,316 units permitted in Bernalillo County in 2024 (546 in 5+ unit buildings).
- At $1,652/mo this rent would consume 46% of the median local household income ($43k/yr) (locally 16% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- At projected returns (-3.0% appreciation + 4.9% rent growth), your $38k cash investment doubles in ~9 years — after that, you're playing with house money.
Negotiation context
- It's been on market 510 days — a 12% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 3y ago; this cycle's ask has dropped $50k (27%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $115k; 17% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 510 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.22% ✓
- Cap rate
- 9.35%
- Cash-on-cash
- 10.93%
- DSCR
- 1.49
- GRM
- 6.8
CMA / ARV
- ARV (median comp)
- $265,000
- List price
- $135,000
- Delta
- -49.06%
- Verdict
- UNDERPRICED
- Comps
- 15 within 1.0 mi
Show comp detail 9 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1002 Walter St NE | 0.08mi | 2/1.0 | 1,308 (-3%) | 2mo | $270,000 | $206 | 89 |
| 1023 Arno St NE | 0.20mi | 2/2.0 | 1,367 (+1%) | 0mo | $240,000 | $176 | 85 |
| 916 Franciscan St NE | 0.07mi | 2/1.0 | 1,255 (-7%) | 2mo | $250,000 | $199 | 83 |
| 519 Slate Ave NE | 0.05mi | 3/1.0 (+1) | 1,296 (-4%) | 12mo | $232,000 | $179 | 76 |
| 1425 Roma Ave NE | 0.68mi | 3/1.0 (+1) | 1,374 (+2%) | 3mo | $525,000 | $382 | 58 |
| 422 Maple St NE | 0.74mi | 3/2.0 (+1) | 1,352 (0%) | 9mo | $465,000 | $344 | 48 |
| 1208 3rd St NW | 0.60mi | 2/1.5 | 1,258 (-7%) | 12mo | $129,000 | $103 | 48 |
| 510 Mountain Rd NW | 0.75mi | 3/2.0 (+1) | 1,242 (-8%) | 4mo | $325,000 | $262 | 39 |
| 1019 5th St NW | 0.72mi | 3/2.0 (+1) | 1,196 (-12%) | 5mo | $305,000 | $255 | 34 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 4.92% rent growth · sell at horizon
- IRR
- 2.3%
- Equity multiple
- 1.09×
- Total profit
- $3,345
- Equity at exit
- $20,129
- IRR
- 13.7%
- Equity multiple
- 2.20×
- Total profit
- $45,200
- Equity at exit
- $11,672
Cash invested: $37,800 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 55 Moderately Landlord-Leaning
- State New Mexico
- 55 Moderately Landlord-Leaning · D+3
- County
- — inherits STATE
- City
- — inherits STATE
Active competition Active MLS
- For sale now
- 4 active · 7 under contract
- Months of supply
- 1.6 mo (62%/mo absorbed)
- Median asking
- $384,500 ($309/sqft)
- Median days on market
- 36 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -36.6% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 87102
- Rents YoY
- 4.9%
- Active inventory
- 199
- Price-to-rent
- 6.8×
Monthly cashflow live
- Estimated rent
- $1,652 high interval (Pro) →
- Mortgage (P&I)
- −$708
- Tax from tax record
- −$197 /mo · $2,362/yr
- Insurance
- −$56
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$347
- Net cashflow
- $344
Break-even live
Sensitivity live
| Price | -10% $421 | -5% $382 | +0% $344 | +5% $306 | +10% $268 |
|---|---|---|---|---|---|
| Rent | -10% $214 | -5% $279 | +0% $344 | +5% $410 | +10% $475 |
| Rate | -1.0pp $412 | -0.5pp $379 | base $344 | +0.5pp $309 | +1.0pp $274 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $33,750
- Closing costs
- $4,050
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 515 Marble Ave NE Albuquerque, NM | 2.0 | 1.0 | 980 | $1,750 | $1.79 | 47d | 1 | 0.10mi |
| 315 Belvedere Ave SW Albuquerque, NM | 2.0 | 2.0 | 1026 | $1,595 | $1.55 | 73d | 1 | 0.43mi |
| 205 Edith Blvd NE Albuquerque, NM | 2.0 | 2.0 | 1300 | $1,900 | $1.46 | 35d | 1 | 0.47mi |
| 1210 Tijeras Ave NE Albuquerque, NM | 3.0 | 2.0 | 1730 | $2,400 | $1.39 | 32d | 1 | 0.60mi |
| 950 4th St NW Unit 310 Albuquerque, NM | 2.0 | 2.0 | 1010 | $1,560 | $1.54 | 47d | 1 | 0.63mi |
| 950 4th St NW Unit 310 Albuquerque, NM | 2.0 | 2.0 | 1010 | $1,560 | $1.54 | 93d | 1 | 0.63mi |
| 1 Central Ave NW Albuquerque, NM | 2.0 | 1.0–2.0 | 846 | $1,800 | $2.13 | 17d | 3 | 0.67mi |
| 505 Marble Ave NW Unit 1-F Albuquerque, NM | 2.0 | 2.0 | 1000 | $2,400 | $2.40 | 73d | 1 | 0.73mi |
| 505 Marble Ave NW Albuquerque, NM | 2.0 | 2.0 | 1000 | $2,000 | $2.00 | 47d | 1 | 0.73mi |
| 521 Slate Ave NW Albuquerque, NM | 2.0 | 1.0 | 1000 | $1,450 | $1.45 | 17d | 1 | 0.77mi |
| 1501 Indian School Rd NE Albuquerque, NM | 1.0–2.0 | 1.0–2.0 | 769 | $1,450 | $1.89 | 16d | 30 | 0.77mi |
| 219 Central Ave NW #301 Albuquerque, NM | 2.0 | 2.0 | 1543 | $3,200 | $2.07 | 47d | 1 | 0.77mi |
| 100 Gold Ave SW #303 Albuquerque, NM | 1.0 | 1.0 | 1112 | $1,750 | $1.57 | 47d | 1 | 0.80mi |
| 100 Gold Ave SW Albuquerque, NM | 1.0 | 2.0 | 1100 | $1,849 | $1.68 | 52d | 1 | 0.80mi |
| 421 High St SE Albuquerque, NM | 2.0 | 2.0 | 1398 | $1,850 | $1.32 | 93d | 1 | 0.81mi |
| 423 High St SE Albuquerque, NM | 2.0 | 2.0 | 1398 | $1,850 | $1.32 | 93d | 1 | 0.81mi |
| 423 Walter St SE Albuquerque, NM | 3.0 | 2.0 | 1420 | $2,599 | $1.83 | 93d | 1 | 0.81mi |
| 500 Constitution Ave NW Albuquerque, NM | 3.0 | 2.0 | 1100 | $1,795 | $1.63 | 41d | 1 | 0.84mi |
| 700 Fruit Ave NW Albuquerque, NM | 2.0 | 1.5 | 925 | $1,340 | $1.45 | 33d | 1 | 0.87mi |
| 704 Fruit Ave NW Albuquerque, NM | 2.0 | 1.5 | 925 | $1,340 | $1.45 | 33d | 1 | 0.89mi |
| 706 Fruit Ave NW Apt A Albuquerque, NM | 2.0 | 2.5 | 925 | $1,399 | $1.51 | 93d | 1 | 0.90mi |
| 323 Platinum St SW Albuquerque, NM | 2.0 | 1.5 | 1232 | $1,800 | $1.46 | 93d | 1 | 0.91mi |
| 720 Roma Ave NW Albuquerque, NM | 2.0 | 2.0 | 985 | $1,600 | $1.62 | 73d | 1 | 0.92mi |
| 343 Platinum St SW Unit B Albuquerque, NM | 1.0 | 1.5 | 1033 | $1,800 | $1.74 | 93d | 1 | 0.92mi |
| 201 Pine St SE Albuquerque, NM | 2.0 | 1.0 | 1000 | $1,725 | $1.73 | 17d | 1 | 0.95mi |
| 525 Cedar St SE Unit B Albuquerque, NM | 1.0 | 1.0 | 1080 | $945 | $0.88 | 16d | 1 | 0.97mi |
| 817 Slate Ave NW Albuquerque, NM | 2.0 | 1.0 | 1200 | $1,690 | $1.41 | 73d | 1 | 0.97mi |
| 1808 Gold Ave SE Unit C Albuquerque, NM | 3.0 | 2.0 | 1500 | $1,625 | $1.08 | 35d | 1 | 1.04mi |
| 1605 Coal Ave SE Unit B Albuquerque, NM | 2.0 | 1.0 | 1200 | $1,195 | $1.00 | 17d | 1 | 1.05mi |
| 301 Yale Blvd NE Unit PG3000412 Albuquerque, NM | 3.0 | 1.0 | 960 | $1,600 | $1.67 | 73d | 1 | 1.06mi |
| 702 Broadway Blvd SE #8 Albuquerque, NM | 2.0 | 1.5 | 1071 | $1,825 | $1.70 | 52d | 1 | 1.07mi |
| 1704 Lead Ave SE Unit Lead Ave SE unit 1704 Lead C Albuquerque, NM | 2.0 | 2.0 | 1100 | $1,450 | $1.32 | 52d | 1 | 1.08mi |
| 1704 Lead Ave SE Unit Lead Ave SE unit 1704 Lead C Albuquerque, NM | 2.0 | 2.0 | 1000 | $1,450 | $1.45 | 93d | 1 | 1.08mi |
| 219 Stover Ave SW Albuquerque, NM | 3.0 | 1.0 | 1300 | $2,300 | $1.77 | 16d | 1 | 1.09mi |
| 516 Ash St SE Unit B Albuquerque, NM | 2.0 | 1.0 | 1421 | $1,400 | $0.99 | 19d | 1 | 1.10mi |
| 611 Lead Ave SW Albuquerque, NM | 2.0 | 1.0–2.0 | 731 | $1,695 | $2.32 | 16d | 31 | 1.11mi |
| 2001 Gold Ave SE Albuquerque, NM | 1.0 | 1.0 | 845 | $1,725 | $2.04 | 93d | 3 | 1.11mi |
| 2001 Gold Ave SE Unit 10 Albuquerque, NM | 1.0 | 1.0 | 1050 | $1,975 | $1.88 | 73d | 1 | 1.12mi |
| 404 Prospect Ave NE Unit B Albuquerque, NM | 2.0 | 1.0 | 900 | $1,695 | $1.88 | 63d | 1 | 1.15mi |
| 877 Silver Ave SW Albuquerque, NM | 1.0 | 1.5 | 1011 | $3,000 | $2.97 | 93d | 1 | 1.17mi |
Listing history 50 events
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2026-08-08days on market $135,000 Active 510 DOM
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2026-08-07days on market $135,000 Active 509 DOM
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2026-08-06days on market $135,000 Active 508 DOM
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2026-08-05days on market $135,000 Active 507 DOM
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2026-08-04days on market $135,000 Active 506 DOM
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2026-08-03days on market $135,000 Active 505 DOM
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2026-07-20remarks 410-char remark
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2026-07-20days on market $135,000 Active 504 DOM
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2026-07-18days on market $135,000 Active 502 DOM
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2026-07-18days on market $135,000 Active 501 DOM
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2026-07-16days on market $135,000 Active 500 DOM
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2026-07-15days on market $135,000 Active 499 DOM
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2026-07-14days on market $135,000 Active 498 DOM
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2026-07-13days on market $135,000 Active 497 DOM
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2026-07-13days on market $135,000 Active 496 DOM
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2026-07-11days on market $135,000 Active 495 DOM
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2026-07-10days on market $135,000 Active 494 DOM
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2026-07-09days on market $135,000 Active 493 DOM
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2026-07-07days on market $135,000 Active 491 DOM
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2026-07-06days on market $135,000 Active 490 DOM
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2026-07-05days on market $135,000 Active 489 DOM
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2026-07-03days on market $135,000 Active 487 DOM
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2026-07-02days on market $135,000 Active 486 DOM
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2026-07-01days on market $135,000 Active 485 DOM
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2026-06-30days on market $135,000 Active 484 DOM
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2026-06-29days on market $135,000 Active 483 DOM
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2026-06-28days on market $135,000 Active 482 DOM
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2026-06-27days on market $135,000 Active 481 DOM
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2026-06-27days on market $135,000 Active 480 DOM
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2026-06-25days on market $135,000 Active 478 DOM
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2026-06-22days on market $135,000 Active 476 DOM
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2026-06-22days on market $135,000 Active 475 DOM
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2026-06-18days on market $135,000 Active 472 DOM
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2026-06-17days on market $135,000 Active 471 DOM
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2026-06-16days on market $135,000 Active 470 DOM
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2026-06-15days on market $135,000 Active 469 DOM
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2026-06-13days on market $135,000 Active 467 DOM
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2026-06-10days on market $135,000 Active 464 DOM
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2026-06-09days on market $135,000 Active 463 DOM
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2026-06-08days on market $135,000 Active 462 DOM
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2026-06-07days on market $135,000 Active 461 DOM
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2026-06-05status $135,000 Active 458 DOM
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2026-05-31status $135,000 Pending 458 DOM
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2026-05-31days on market $135,000 Active 458 DOM
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2026-01-20status Active 362-char remark
Show marketing remark (362 chars)
Charming old adobe fixer-upper with a loft AND and accessory dwelling unit in the Martinez Town Subdivision. Two bedroom one bath home with a large kitchen. Big lot with backyard access. This home is in need of significant repairs. Property will be sold as-is. No repairs will be done by the seller. This has huge upside potential. ALL OFFERS WILL BE CONSIDERED.
-
2026-01-01historical 362-char remark
Show marketing remark (362 chars)
Charming old adobe fixer-upper with a loft AND and accessory dwelling unit in the Martinez Town Subdivision. Two bedroom one bath home with a large kitchen. Big lot with backyard access. This home is in need of significant repairs. Property will be sold as-is. No repairs will be done by the seller. This has huge upside potential. ALL OFFERS WILL BE CONSIDERED.
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2025-12-11soldstatus
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2025-11-17price $135,000 362-char remark
Show marketing remark (362 chars)
Charming old adobe fixer-upper with a loft AND and accessory dwelling unit in the Martinez Town Subdivision. Two bedroom one bath home with a large kitchen. Big lot with backyard access. This home is in need of significant repairs. Property will be sold as-is. No repairs will be done by the seller. This has huge upside potential. ALL OFFERS WILL BE CONSIDERED.
-
2025-08-05status Active 362-char remark
Show marketing remark (362 chars)
Charming old adobe fixer-upper with a loft AND and accessory dwelling unit in the Martinez Town Subdivision. Two bedroom one bath home with a large kitchen. Big lot with backyard access. This home is in need of significant repairs. Property will be sold as-is. No repairs will be done by the seller. This has huge upside potential. ALL OFFERS WILL BE CONSIDERED.
-
2025-08-05price $159,000 362-char remark
Show marketing remark (362 chars)
Charming old adobe fixer-upper with a loft AND and accessory dwelling unit in the Martinez Town Subdivision. Two bedroom one bath home with a large kitchen. Big lot with backyard access. This home is in need of significant repairs. Property will be sold as-is. No repairs will be done by the seller. This has huge upside potential. ALL OFFERS WILL BE CONSIDERED.
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast NM · Resets to sale price
- Current annual tax
- $2,362 · $197/mo
- Projected year-2 tax
- $2,362 · $197/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 5/10 Major 7 d/yr ≥95°F today · 18 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $19,827
- − Mortgage interest
- −$7,562
- − Property taxes
- −$2,362
- − Insurance
- −$675
- − Repairs & maintenance
- −$1,586
- − Management
- −$1,586
- − Depreciation
- −$3,927
- Taxable income
- $2,129
- Est. tax owed @ 24.0%
- −$511
- After-tax cash flow
- $3,620/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 9 photos
This property is a significant fixer-upper with extensive repairs and maintenance needed. The roof, exterior, flooring, and interior walls are in poor condition, and the landscaping and fencing are in need of repair. The property has huge upside potential with the right investment.
Deferred maintenance Est. $50,000–$150,000 screening
- Major Roof (roof) — Significant damage and missing shingles
- Major Windows (windows) — Broken and missing glass
- Major Electrical (electrical) — Exposed wiring and missing fixtures
- Major Plumbing (plumbing) — Exposed pipes and missing fixtures
- Major Exterior (exterior) — Significant damage and missing shingles
Repairs flagged
- Major roof — Damaged shingles
- Major exterior siding — Worn and peeling
- Major flooring — Worn and damaged
- Major interior walls — Worn and damaged
- Major landscaping — Overgrown and unkempt
- Major fencing — Damaged and in need of repair
Value-add opportunities
- Both repair roof — Fixing the roof will improve both resale and rental value ↑
- Both repair exterior siding — Aesthetic improvements will attract buyers and renters ↑
- Both replace flooring — New flooring will make the home more appealing ↑
- Both repair walls — Aesthetic improvements will attract buyers and renters ↑
- Both landscape — A well-maintained yard will improve curb appeal ↑
- Both repair fencing — A repaired fence will improve safety and curb appeal ↑
ⓘ Rehab cost is a screening estimate — Extensive scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Albuquerque Public Schools
- NCES district ID
- 3500060
- Math proficiency
- 51% ▲ 30.00%
- Reading proficiency
- 75% ▲ 45.00%
- Median HH income
- $48,151
- Composite
- 53.29/100
- National rank
- #1487
- State rank
- #3 of 29 in NM
Livability — Albuquerque
- Score
- 72/100
- State rank
- #13
- US rank
- #6219
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Albuquerque, NM
- County
- Bernalillo County · 704,528 people
- City population
- 647,165
- Metro
- Albuquerque, NM
- Population (ZIP)
- 20,123
- Household income
- $42,990
- Rent vs Own
- Severe rent burden
- 16% of renters
Population outlook (Bernalillo County) Hauer SSP2
- Today (2025)
- 704,528 people
- By 2030
- 711,723 · +1.0%
- By 2040
- 714,522 · +1.4%
- By 2050
- 709,274 · +0.7%
- By 2075
- 680,015 · -3.5%
- By 2100
- 619,879 · -12.0%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.59)
- Race & ethnicity
- Hispanic / Latino 57% Two or more races 30% White 29% Native American 6% Black 4%
- Hispanic origin (detail)
- Mexican 35% Puerto Rican 1%
- Common ancestry
- Lithuanian 2% Slovak 1% Serbian 1%
- Foreign-born
- 12% · Canada
- Languages at home
- 64% English-only · Spanish 30% Korean 1% Other Indo-European 1%
Political lean MEDSL · Bernalillo
- 2024 margin
- Strong D (+21.0) · D 59.2% · R 38.2% · Other 2.6%
- 2008→2024 swing
- -0.3pp no change · 2008: 21.4pp · 2024: 21.0pp
- All cycles
- 2024: D+21.0 2020: D+24.4 2016: D+17.8 2012: D+16.2 2008: D+21.4
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -208.71%
- Current HPI
- 253.8398
- Rent YoY
- ▲ 4.92%
- Metro
- Albuquerque, NM
- State GDP YoY
- —
- F500 in state
- 0
Price history
+12.5% since first listed12 events — show timeline
- 2026-01-20 Relisted — Southwest MLS
- 2026-01-01 Delisted — Southwest MLS
- 2025-12-11 Sold (Public Records) — Public Records
- 2025-11-17 Price Changed $135,000 Southwest MLS
- 2025-08-05 Relisted — Southwest MLS
- 2025-08-05 Price Changed $159,000 Southwest MLS
- 2025-07-31 Delisted — Southwest MLS
- 2025-03-21 Price Changed $179,000 Southwest MLS
- 2025-02-01 Listed $185,000 Southwest MLS
- 2023-11-03 Sold (Public Records) $115,000 Public Records
- 2023-09-08 Pending — Southwest MLS
- 2023-08-08 Listed $120,000 Southwest MLS
Property tax history
+11.4%/yrLatest (2025): $2,362 · +0.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…