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515 Marble Ave NE, Albuquerque, NM, 87102

2beds
1baths
966sqft
$250,000
$259price/sqft
$1,707/moest. monthly cost
$68,280/yrincome needed

About This Home

PRICE IMPROVEMENT AND $2,500 BUYER CONCESSION OFFERED! Super cute and move-in ready, this charming 2 bedroom, 1 bathroom Albuquerque home offers an unbeatable location just minutes from UNM, area hospitals, shopping, dining, and easy freeway access. Inside, you'll find beautiful updates throughout, including engineered wood flooring, a remodeled bathroom, stainless steel appliances, a 200-amp electrical service, updated water heater, and energy-efficient split wall heating and cooling units. Step outside onto the covered side patio overlooking the fully fenced backyard that offers privacy and space for pets and/or gardening. Whether you're looking for a primary residence, an investment property, or a home close to work or school, this one is a must-see!

Getting Around

71
WalkingVery Walkable
44
TransitSome Transit
63
BikeBikeable

Schools

3/10
6/10
Jefferson Middle SchoolGrades 6-81.6 mi
3/10
Albuquerque High SchoolGrades 9-120.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1930

Materials

  • Roof: Metal
  • Construction materials: Frame,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Free-Standing Electric Range,Microwave,Refrigerator,Washer
  • Laundry features: Electric Dryer Hookup

Bedroom2

  • Level: Main
  • Area: 99

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • 3/4 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 112

Features

  • Ceiling Fan(s),Main Level Primary
  • Flooring: Carpet Free

Heating

  • Heating features: Ductless

Interior Area

  • Total structure area: 966
  • Total interior livable area: 966 sqft

Kitchen

  • Level: Main
  • Area: 88

Living Room

  • Level: Main
  • Area: 182

Primary Bedroom

  • Level: Main
  • Area: 171

Property

Details

  • Parcel number: 101405850817143151
  • Zoning description: MX-L*

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Patio
  • Exterior features: Private Entrance

Lot

  • Lot size: 2,613 sqft
  • Features: Landscaped

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 $1,264$15,168
Home Insurance *$118$1,416
Property Taxes $177$2,124
Electricity $148$1,780
Total$1,707$20,484
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$58,525/yr
40% on housing$51,210/yr
45% on housing$45,520/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

$259This 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
2026-08-09Price change$247,500
2026-07-21Listed for sale$250,000
2026-07-16Listing removed$1,650
2026-07-14Listed for rent$1,650
2026-07-14Listing removed$1,650
2026-07-03Listed for rent$1,650
2026-07-03Listing removed$1,650
2026-05-28Price change$1,650
2026-05-23Listed for rent$1,750
2026-05-22Listing removed$1,750
2026-05-01Listed for rent$1,750
2021-12-08Sold--
2021-10-31Pending sale$200,000
2021-10-29Listed for sale$200,000
2020-07-22Sold--
2020-06-28Pending sale$77,500
2020-06-25Price change$77,500
2020-05-27Price change$79,500
2020-04-21Price change$82,500
2020-03-10Price change$85,200
2020-02-07Price change$88,000
2020-01-08Price change$90,000
2019-11-28Price change$95,000
2019-10-26Listed for sale$99,900
2009-10-09Listing removed$129,500
2009-05-31Listed for sale$129,500

For Sale by Agent

AgentPatricia Field
BrokerageBerkshire Hathaway Home Svc NM

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