See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

2724 Madison St NE, Albuquerque, NM, 87110

3beds
2baths
1,900sqft
$315,000
$166price/sqft
$2,080/moest. monthly cost
$83,200/yrincome needed

About This Home

Welcome to 2724 Madison St NE, a charming single-family home in Albuquerque that combines classic character with versatile living spaces. Built in 1949 and situated on a 7,187 square foot lot, this home offers approximately 1,900 square feet with 3 bedrooms and 2 bathrooms, providing a comfortable layout with room to spread out.Inside, you'll find a warm blend of luxury vinyl plank and carpet flooring, creating inviting living spaces that are ready to enjoy or personalize to fit your style. Whether you're relaxing with family, entertaining guests, or working from home, this home offers flexibility to suit a variety of lifestyles. Several important improvements add long-term value, including a TPO roof installed in 2014 and wall heaters installed in September 2021, providing added peace of mind and comfort. One of the property's most unique features is the detached storage building, already equipped with utilities and plumbing. This versatile space offers endless possibilities for hobbies, projects, a workshop, creative studio, fitness area, or additional storage. Buyers interested in creating a casita or guest quarters should verify potential uses, zoning, permits, and requirements with the appropriate local authorities. Step outside to enjoy the covered patio, an ideal place to unwind, enjoy your morning coffee, host weekend barbecues, or take advantage of Albuquerque's beautiful weather. The spacious backyard provides room for gardening, pets, outdoor recreation, or future landscaping projects. A 2-car carport provides convenient covered parking while adding everyday functionality. This property presents an excellent opportunity for buyers looking for a home with character, usable living space, and unique features that set it apart. Whether you're searching for your first home, your next investment in your future, or simply a property with flexible bonus space, this home offers exceptional potential. This home deserves a place at the top of your showing list. Schedule your private tour today and experience everything this unique Albuquerque property has to offer.

Getting Around

80
WalkingVery Walkable
33
TransitSome Transit
63
BikeBikeable

Schools

4/10
Bel-Air Elementary SchoolGrades PK-50.4 mi
4/10
Mc Kinley Middle SchoolGrades 6-80.7 mi
2/10
Del Norte High SchoolGrades 9-121.5 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1949

Materials

  • Construction materials: Frame,Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Refrigerator
  • Laundry features: Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup

Bedroom2

  • Level: First
  • Area: 120

Bedroom3

  • Level: First
  • Area: 112.88

Bedrooms & Bathrooms

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

Dining Room

  • Level: First
  • Area: 213.28

Family Room

  • Level: First
  • Area: 288.12

Features

  • Multiple Living Areas,Main Level Primary,Smart Camera(s)/Recording
  • Window features: Double Pane Windows,Insulated Windows
  • Flooring: Carpet,Wood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 1,900
  • Total interior livable area: 1,900 sqft

Kitchen

  • Level: First
  • Area: 207

Living Room

  • Level: First
  • Area: 219.94

Primary Bedroom

  • Level: First
  • Area: 250.64

Property

Details

  • Parcel number: 101705938136111217
  • Zoning description: R-1C*

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Private Yard

Lot

  • Lot size: 6,969 sqft
  • Features: Landscaped

Parking

  • Total spaces: 2
  • Parking features: Carport
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

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
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Hail
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 $1,592$19,104
Home Insurance *$117$1,404
Property Taxes $223$2,676
Electricity $148$1,780
Total$2,080$24,960
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$71,314/yr
40% on housing$62,400/yr
45% on housing$55,466/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

$166This listing

vs Other Active Listings

Avg $/sqft

ZIP 87110$180
Bernalillo County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 87110
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
2026-08-09Pending sale$315,000
2026-08-08Listed for sale$315,000

For Sale by Agent

AgentNyshalynn B Livingston
BrokerageMORE Realty, Inc

Similar Homes