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1612 Gold Ave SE, Albuquerque, NM, 87106

5beds
5baths
2,564sqft
$600,000
$234price/sqft
$3,769/moest. monthly cost
$150,760/yrincome needed

About This Home

Five units located near UNM and CNM do not disturb the tenants. Property can be shown with 48hrs notice and proof of funds

Getting Around

78
WalkingVery Walkable
46
TransitSome Transit
90
BikeBiker's Paradise

Schools

7/10
6/10
Jefferson Middle SchoolGrades 6-81.1 mi
3/10
Albuquerque High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1941

Materials

  • Construction materials: Block

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Built-In Gas Range

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5

Features

  • Flooring: Laminate,Wood

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 2,564
  • Total interior livable area: 2,564 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 101505732826342510
  • Zoning description: R-ML*

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 6,969 sqft

Parking

  • Total spaces: 9

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
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Earthquake
Winter Weather
Hail
Lightning

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 $3,033$36,396
Home Insurance *$129$1,548
Property Taxes $425$5,100
Electricity $182$2,187
Total$3,769$45,228
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$129,222/yr
40% on housing$113,070/yr
45% on housing$100,506/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

$234This listing

vs Other Active Listings

Avg $/sqft

ZIP 87106$197
Bernalillo County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 87106
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$600,000

For Sale by Agent

AgentTimothy R Luten
BrokerageSperry Van Ness/WACB, Inc.

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