#1080107, Wendy E Frazier, Listing office: MORE Realty, Inc
Property details
About 501 3rd St SW
Stunning 2BR/2BA home in Downtown Albuquerque with rare MX-L zoning. An ideal property for living, vacation rental, or business. Designed by a local artist in a dramatic ''Moody Desert Victorian'' style with copper-painted ceilings, stained glass, and a hidden bookcase door to the primary suite. Brand new metal roof, private jacuzzi, secure gated parking, and privacy fencing. Walk to top dining, bars, and galleries. Can be sold fully furnished which makes this property ready to rent or move right in! One-of-a-kind charm with income potential!
Highlights
Home typeOther
HeatingCentral, Forced Air
StatusActive
Lot size0.09 Acres
Year built1901
MLS #1087214
Summary
- Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
- Basement: No
- Flooring Type: Carpet Free, Tile, Wood
- Total Bedroom Count: 2
- Heating: Central, Forced Air
- List Price: $460,000
- Annual Tax Amount: $1,315
- Tax Year: 2019
- Directions: From 1-25 take Lead St. west to 3rd St., then turn South onto 3rd St. This updated historic home is located on the right corner of 3rd and Coal.
- Year Built: 1901
- Stories: 2
- Lot Size: 0.09 Acres
- MLS Number: 1087214
- MLS Name: SWMLS
- Office Name: Realty One Group Concierge
- Office Phone: (505) 318-1111
- Office Email: rogaconcierge@gmail.com
- Listing Agent: Julie Turner
The data relating to real estate for sale on this web site 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 other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/21/2025, 2:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $43,449 | $- |
| 2022 | $42,184 | $- |
| 2021 | $40,955 | $- |
| 2020 | $39,763 | $- |
| 2019 | $40,129 | $1,315 |
| 2018 | $27,597 | $992 |
| 2017 | $20,967 | $992 |
History based on county public records data.
Nearby schools
6
Coronado Elementary School
Public District KG-5
0.1 mi
•601 4th St SW
5
Dolores Gonzales Elementary School
Public District PK-5
0.5 mi
•900 Atlantic Ave SW
3
Eugene Field Elementary School
Public District PK-5
0.6 mi
•700 Edith Blvd SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $13,438. Typical income of Albuquerque, NM residents is less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
78%
<35k
21%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
70%
Single, No Kids
9%
Single, with Kids
12%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
4%
12-17 yrs old
26%
18-34 yrs old
49%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Ross Dress For Less
Where do the neighbors go to eat?
White Castle
Boston Market
Popeyes
What do the neighbors drive?
Kia
Honda
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 501 3rd St SW
The listing price of 501 3rd St SW property is $460,000.
The property 501 3rd St SW is a house located in Albuquerque, New Mexico, 87102.
Active Listing: 501 3rd St SW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 501 3rd St SW are: Coronado Elementary School (GreatSchools Rating 6/10), Dolores Gonzales Elementary School (GreatSchools Rating 5/10), Eugene Field Elementary School (GreatSchools Rating 3/10), Washington Middle School (GreatSchools Rating 4/10), South Valley Preparatory (GreatSchools Rating 8/10), Jefferson Middle School (GreatSchools Rating 4/10), Amy Biehl Charter High School (GreatSchools Rating 6/10), Siembra Leadership High School (GreatSchools Rating 1/10), Abq Charter Academy (GreatSchools Rating 2/10).
According to the records, the last property tax for 2019 is $1,315 (source: MLS/based on county public records data).
The property at 501 3rd St SW has 2 bedrooms and 2 bathrooms.
The year of construction for 501 3rd St SW is 1901.
This home is located at 501 3rd St SW in Albuquerque, NM and zip code 87102 in the Barelas neighborhood. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $460,000.
While more than 122 listings in Albuquerque, NM in June 2025 were sold above asking price, there were more than 164 listings sold at asking price, and more than 297 were sold below. The number of listings in Albuquerque, NM decreased by 8.4% between May and June 2025. While the average time on the market in June 2025 was 28 days, the median list price was $349,331.
From Rocket Homes Real Estate and based on county public records data.