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715 Fruit Ave NW, Albuquerque, NM, 87102

3beds
3baths
2,660sqft
$612,369
$230price/sqft
$3,836/moest. monthly cost
$153,440/yrincome needed

About This Home

This property is ideally located in Downtown Albuquerque, within walking distance to downtown/old town breweries, specialty coffee shops, restaurants, grocery stores, major bus routes, and the city's primary courthouses.Tucked behind a classic white picket fence, this unique fourplex offers charm and character in a prime location just minutes from the energy of Downtown and Old Town Albuquerque.The unit mix consists of (1) studio unit, (2) 1BR / 1BA units, and a larger main residence with one 2BR / 1BA unit. Alley and on street parking is available to the residents. The property includes a separate laundry room, high speed internet and camera system. Each unit has stunning hardwood floors and the front units have vaulted ceilings.With an average rent of $981, metrics of inves

Getting Around

86
WalkingVery Walkable
49
TransitSome Transit
85
BikeVery Bikeable

Schools

6/10
4/10
Washington Middle SchoolGrades 6-80.5 mi
3/10
Albuquerque High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1916

Materials

  • Construction materials: Frame,Stucco,Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Features

  • Flooring: Vinyl,Wood

Heating & Cooling

  • Heating features: Central,Forced Air,Wall Furnace
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 2,660
  • Total interior livable area: 2,660 sqft

Property

Details

  • Parcel number: 101405807412032804
  • Zoning description: R-ML*

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 7,840 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
    EarthquakeRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Hail
Inland Flooding
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 $3,096$37,152
Home Insurance *$118$1,416
Property Taxes $433$5,196
Electricity $189$2,269
Total$3,836$46,032
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$131,520/yr
40% on housing$115,080/yr
45% on housing$102,293/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

$230This listing

vs Other Active Listings

Avg $/sqft

ZIP 87102$158
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
2026-04-07Listed for sale$555,555
2021-03-31Sold--
2020-12-31Pending sale$399,000
2020-11-12Listed for sale$399,000
2020-10-05Listing removed$350,000
2020-09-21Price change$350,000
2020-08-29Pending sale$425,000
2020-04-11Price change$425,000
2019-08-09Listed for sale$385,500
2019-07-03Pending sale$385,500
2018-11-06Listed for sale$385,500
2016-02-16Sold--
2015-12-03Listed for sale$279,000
2013-06-07Listing removed$500
2013-06-04Listed for rent$500

For Sale by Agent

AgentTodd D Clarke
BrokerageNM Apartment Advisors, Inc.

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