1920 Lead Ave SE, Albuquerque, NM, 87106
About This Home
Rare opportunity to acquire such a unique and charming UNM area 4-plex with such an exceptional UNM area location - close to Roosevelt Park, CNM, UNM Hospital, Downtown, & just 2 blocks to Presbyterian Hospital. Recent property upgrades include a newer roof, thermal windows, updated electrical service, zoned mini-split heating and cooling in all units, and quality contemporary finishes across all four apartments. Each apartment features a very distinct floor plan with unique artistic touches and amenities throughout. You'll also find additional value-add opportunities by capitalizing on creating more common and private yard spaces or adding additional apartments.Large lot offers tons of great off-street parking and access options (off both the alley and Lead Ave) and potential for additional units. Detached garage is separately metered for electric and packs a lot of higher use potential too.
Getting Around
Very Walkable
Some Transit
Biker's ParadiseSchools
Construction
Condition
- Property condition: Resale
- Year built: 1935
Materials
- Construction materials: Frame,Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex,Multi Family
Interior
Appliances
- Appliances included: Dryer,Free-Standing Gas Range,Refrigerator,Washer
- Laundry features: Washer Hookup,Dryer Hookup,In Unit
Basement
- Has basement: Yes
- Basement: Finished
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 4
Features
- Ceiling Fan(s)
- Flooring: Carpet Free,Concrete,Tile,Vinyl,Wood
- Fireplace features: Option
- Finished area below ground: 652
Heating & Cooling
- Heating features: Ductless,Electric,Zoned
- Cooling features: Ductless,Ceiling Fan(s)
Interior Area
- Total structure area: 2,038
- Total interior livable area: 2,038 sqft
Property
Details
- Parcel number: 101505743017641621
- Zoning description: R-ML*
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 9,147 sqft
Parking
- Total spaces: 8
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
- Winter Weather
- Hail
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Bernalillo County and New Mexico
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,763 | $33,156 |
| Home Insurance * | $129 | $1,548 |
| Property Taxes | $387 | $4,644 |
| Electricity | $148 | $1,780 |
| Total | $3,427 | $41,124 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-24 | Listed for sale | $546,500 |
| 2024-12-29 | Listing removed | $599,237 |
| 2024-10-17 | Listed for sale | $599,237 |
| 2024-10-16 | Pending sale | $599,237 |
| 2024-10-04 | Listed for sale | $599,237 |
| 2024-08-16 | Pending sale | $599,237 |
| 2024-06-19 | Listed for sale | $599,237 |
| 2021-04-23 | Sold | -- |
| 2021-01-30 | Pending sale | $340,000 |
| 2021-01-27 | Listed for sale | $340,000 |
| 2018-02-08 | Sold | -- |
| 2017-12-07 | Pending sale | $298,000 |
| 2017-09-19 | Listed for sale | $298,000 |
| 2012-12-05 | Listing removed | $199,900 |
| 2012-10-10 | Price change | $199,900 |
| 2012-08-17 | Listed for sale | $220,000 |
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