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520 Iron Ave SE, Albuquerque, NM, 87102

2beds
2baths
1,528sqft
$369,000
$241price/sqft
$2,392/moest. monthly cost
$95,680/yrincome needed

About This Home

Discover the perfect blend of historic charm and modern comfort in this beautifully renovated duplex located in Huning Highland District. 601 Walter St: features a bright and inviting 2-bedroom, 1-bath floor plan with a stylish modern kitchen and open-concept living area. 520 Iron Ave: offers a cozy 2-bedroom, 1-bath layout designed for comfort and convenience. Ideal for travel nurses, visiting professionals, or anyone seeking a turnkey home-away-from-home, this unique duplex presents an outstanding opportunity in one of Albuquerque's most desirable historic neighborhoods. Just minutes from Presbyterian Hospital, UNM Main Campus, Downtown, and local dining and entertainment, this versatile property offers exceptional appeal for both homeowners and investors.

Getting Around

71
WalkingVery Walkable
48
TransitSome Transit
67
BikeBikeable

Schools

3/10
6/10
Jefferson Middle SchoolGrades 6-81.8 mi
3/10
Albuquerque High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1901

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Free-Standing Gas Range,Disposal,Microwave,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Ceiling Fan(s)
  • Flooring: Tile,Wood

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Multi Units,Window Unit(s),Ceiling Fan(s)

Interior Area

  • Total structure area: 1,528
  • Total interior livable area: 1,528 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 101405745019142709
  • Zoning description: R-1C*

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 2,178 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Lightning
Winter Weather

FEMA Declared Disasters in Bernalillo County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,865$22,380
Home Insurance *$118$1,416
Property Taxes $261$3,132
Electricity $148$1,780
Total$2,392$28,704
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$82,011/yr
40% on housing$71,760/yr
45% on housing$63,786/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$241This listing

vs Other Active Listings

Avg $/sqft

ZIP 87102$159
Bernalillo County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 87102
Bernalillo County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-26Listed for sale$369,000
2026-04-01Listing removed$369,000
2026-03-17Price change$369,000
2025-12-16Price change$399,000
2025-12-08Listed for sale$410,000
2025-11-19Pending sale$410,000
2025-10-31Listed for sale$410,000
2024-01-19Sold--
2023-11-12Pending sale$400,000
2023-09-07Listed for sale$400,000
2023-03-31Sold--
2023-01-27Pending sale$225,000
2023-01-23Listed for sale$225,000

For Sale by Agent

AgentGabriel J Alarid
BrokerageEXP Realty LLC

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