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3401 Alvarado Dr NE, Albuquerque, NM, 87110

3beds
2baths
1,331sqft
$265,000
$199price/sqft
$1,791/moest. monthly cost
$71,640/yrincome needed

About This Home

Centrally located near I-40 and just minutes from uptown, this charming single-story home is a standout Investment property and ideal Fixer Upper opportunity. Nestled in an established neighborhood with close proximity to parks, it offers everyday convenience and an inviting community feel.Set on a spacious lot with room to customize or expand, the property features a low maintenance yard and excellent bones to bring your vision to life. Priced for a quick sale and sold ''AS IS,'' it's perfect for investors or buyers seeking value-add potential in a prime location.Don't miss this rare chance to create instant equity--bring your contractor, your plans, and make it your own.

Getting Around

56
WalkingSomewhat Walkable
31
TransitSome Transit
77
BikeVery Bikeable

Schools

6/10
5/10
Cleveland Middle SchoolGrades 6-80.8 mi
2/10
Del Norte High SchoolGrades 9-120.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1954

Materials

  • Foundation: Permanent
  • Roof: Flat
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Free-Standing Gas Range
  • Laundry features: Electric Dryer Hookup

Bedrooms & Bathrooms

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

Features

  • Main Level Primary
  • Window features: Single Pane
  • Flooring: Carpet,Vinyl

Heating & Cooling

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

Interior Area

  • Total structure area: 1,331
  • Total interior livable area: 1,331 sqft

Kitchen

  • Level: Main
  • Area: 11252

Living Room

  • Level: Main
  • Area: 435168

Primary Bedroom

  • Level: Main
  • Area: 12544

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 101806015319131809
  • Zoning description: R-1

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Private Yard
  • Fencing: Back Yard,Wall

Lot

  • Lot size: 6,098 sqft
  • Features: Lawn,Planned Unit Development

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 $1,339$16,068
Home Insurance *$117$1,404
Property Taxes $187$2,244
Electricity $148$1,780
Total$1,791$21,492
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$61,405/yr
40% on housing$53,730/yr
45% on housing$47,760/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

$199This 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)

Price History

DateEventPrice
2026-07-27Price change$265,000
2026-07-06Listed for sale$280,000

For Sale by Agent

AgentAnnette A. Baca
BrokerageColdwell Banker Legacy

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