OFF MARKET

Last listed at $345,000, closed on may 2024

$388,354

•

1,979

sq ft

508 3rd St SW, Albuquerque, NM 87102

About this home

Take advantage of below bank rates Seller Finance available - Great Work from home property - Downtown Albuquerque - is a former mixed-use live in beauty salon. The prior owners lived in the back and upstairs with the front room set up as a salon. The current owners lived here for one year then converted it to a short term rental. There is a unique epoxy flooring material on the first floor making cleaning a breeze. The current configuration is 3 bedrooms downstairs with a full primary suite upstairs. All of the appliances will stay with the house including the washer and dryer. The 2 sheds in back will stay with the house. The house is near downtown, UNM, Isotopes Park, shopping, dining, and more.

Single-familyProperty Type

1937Year Built

4,356 sq ftLot Size

$196Est. Price/Sq.Ft.

Listed by Joshua Christensen • Realty One of New Mexico

Bought with Greg Kaufman • Hunter Chase Realty

Redfin checked: 3 minutes ago

•Source:Southwest MLS #1061672

Redfin Estimate

$388,354

$43K over list price of $345K

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3.1% lower than the average sale price ($401K) of 6 comparable homes.

SOLD AUG 31, 2026
$299,900
A
4 beds2 baths1,343 sq ft
913 5th St NW, Albuquerque, NM 87102
SOLD AUG 13, 2026
$450,000
B
3 beds3 baths1,918 sq ft
1113 Gold Ave SW, Albuquerque, NM 87102
SOLD AUG 12, 2026
$290,000
C
3 beds1.5 baths1,499 sq ft
908 9th St SW, Albuquerque, NM 87102
SOLD SEP 11, 2026
$500,000
D
3 beds2 baths2,120 sq ft
616 17th St NW, Albuquerque, NM 87104
SOLD JUL 24, 2026
$439,000
E
2 beds2 baths1,224 sq ft
1015 Gold Ave SW, Albuquerque, NM 87102
SOLD JUN 17, 2026
$427,000
F
4 beds2.5 baths1,726 sq ft
902 Coal Ave SW, Albuquerque, NM 87102

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$363,978

Est. take-home

List your home with Redfin and save $3,884

Market trends in 87102, NM

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.4%

0.7% MoM

Median sale price

$280K

$5K MoM

Avg. days on market

31d

39 days MoM

Recently sold homes

4 MoM

New listings for sale

$298,500
1 bed1.5 baths1,113 sq ft
821 Silver Ave SW, Albuquerque, NM 87102
OPEN SAT, 2PM TO 4PM
$345,000
3 beds2.5 baths1,612 sq ft
1235 8th St NW Unit B, Albuquerque, NM 87102
$230,000
4 beds1 bath1,295 sq ft
406 Smith Ave SE, Albuquerque, NM 87102
OPEN SUN, 11AM TO 12PM
$525,000
5 beds3.5 baths2,281 sq ft
800 13th St NW, Albuquerque, NM 87102
$400,000
2 beds1 bath1,122 sq ft
220 Copper Ave NW #8, Albuquerque, NM 87102
$239,900
3 beds1 bath990 sq ft
305 San Jose Ave SE, Albuquerque, NM 87102
$935,000
4 beds3.5 baths3,560 sq ft
909 Copper Ave NW, Albuquerque, NM 87102
$299,000
2 beds1 bath1,200 sq ft
820 Commercial St SE, Albuquerque, NM 87102
3D WALKTHROUGH
$309,900
2 beds1 bath1,090 sq ft
620 Iron Ave SW, Albuquerque, NM 87102
300 Tijeras Ave NE Apt 202, Albuquerque, NM 87102
$205,000
1 bed1 bath768 sq ft
300 Tijeras Ave NE Apt 202, Albuquerque, NM 87102
See all

Provided by Redfin

Sale history for 508 3rd St SW

Date

Event

Price

Southwest MLS #1061672

May 8, 2024

Pending

—

Mar 20, 2024

Listed

$345,000

$174/sq ft

RENT. #3

Dec 11, 2022

Rental Removed

—

Southwest MLS #2

Jan 12, 2021

Price Changed

$199,999

$101/sq ft

Sep 23, 2020

Price Changed

$230,000

$116/sq ft

Southwest MLS #975222

Jan 12, 2021

Price Changed

$199,999

$101/sq ft

Sep 23, 2020

Price Changed

$230,000

$116/sq ft

Aug 9, 2020

Listed

$250,000

$126/sq ft

Southwest MLS #1

Oct 24, 2019

Price Changed

$245,000

$124/sq ft

Tax history for 508 3rd St SW

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

3,498 Sq. Ft.

Year renovated

—

Sq. Ft.

1,204

Year built

1937

Style

Other

County

Bernalillo County

APN

101405719026333617

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jan 31, 2023.

MX-L

CPO-1

Mixed-Use - Low Intensity Zone District

The purpose of the MX-L zone district is to provide for neighborhood-scale convenience shopping needs, primarily at the corners of collector intersections. Primary land uses include non-destination retail and commercial uses, as well as townhouses, low-density multi-family residential dwellings, and civic and institutional uses to serve the surrounding area, with taller, multi-story buildings encouraged in Centers and Corridors Other allowable uses are shown in Table 4-2-1.

Zone overlays

Character Protection Overlay Zones - Barelas - 1

Permitted uses

Include but are not limited to:

Day care facility
General retail
Restaurant
Housing-Multiple units
Housing-Senior
Manufacturing
Hotel / motel
Mixed use
Office
Medical office

Property details

Interior

Virtual Tour

Bathroom Information
# of Three Quarter Bathrooms: 1
# of Half Bathrooms: 1

Room 1 Information
Bedroom 4
Level: Main
Area: 117.6
Length: 9.8
Width: 12.0

Room 2 Information
Bedroom 3
Level: Main
Area: 97.0
Length: 9.7
Width: 10.0

Room 3 Information
Bedroom 2
Level: Main
Area: 156.0
Length: 12.0
Width: 13.0

Room 4 Information
Dining Room
Level: Main
Area: 158.87
Length: 14.3
Width: 11.11

Room 5 Information
Level: Upper
Area: 731.46
Length: 33.4
Width: 21.9

Room 6 Information
Kitchen
Level: Main
Area: 182.0
Length: 14.0
Width: 13.0

Room 7 Information
Living Room
Level: Main
Area: 450.0
Length: 25.0
Width: 18.0

Laundry Information
Features: Electric Dryer Hookup

Equipment
Appliances: Dryer, Free-Standing Gas Range, Microwave, Refrigerator, Washer

Interior Features
Window Features: Double Pane Windows, Insulated Windows, Vinyl
Flooring: Carpet, Carpet Free
Other Features: Attic, Ceiling Fan(s), Shower Only, Separate Shower

Exterior

Building Information
Stories: 2
Roof Details: Metal, Pitched
Construction Details: Frame, Stucco
Builder Name: Unknown

Exterior Features
Exterior Features: Private Yard
Patio And Porch Features: Open, Patio
Other Structures: Shed(s), Storage
Fencing: Back Yard

Green Features
Green Energy Generation: None

Lot Information
Lot Size Acres: 0.1
Lot Dimensions Source: Public Records
Lot Size Source: Public Records
Lot Features: Landscaped, Trees
Road Frontage Type: City Street
Road Surface Type: Paved
Zoning Description: MX-L*

Property Information
Direction Faces: West
Resale

Financial

Tax Information
Annual Tax Amount: $2,779.84

Utilities

Utility Information
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer: Public Sewer
Water Source: Public

Heating & Cooling
Has Cooling
Cooling: Refrigerated
Has Heating
Heating: Central, Forced Air, Natural Gas

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,204
Stories: —
Lot Size: 3,498 square feet
Style: Other
Year Built: 1937
Year Renovated: —
County: Bernalillo County
APN: 101405719026333617

Home facts updated by county records on Jan 31, 2023

Around this home

Schools

Dolores Gonzales Elementary School

Public PreK-5 • Assigned • 0.5mi

6/10

Washington Middle School

Public 6-8 • Assigned • 0.7mi

4/10

Albuquerque High School

Public 9-12 • Assigned • 1.5mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 96° expected this year, 18 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Albuquerque, NM • 87102

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$369,000 – $447,000

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Home values near 508 3rd St SW

Data from public records.

Address	Redfin Estimate
506 3rd Street Southwest, Albuquerque, NM 2 Beds \| 1 Baths \| 962 Sq. Ft.	$211,583

Address	Redfin Estimate
413 2nd Street Southwest Unit 417, Albuquerque, NM - Beds \| - Baths \| 3508 Sq. Ft.	$592,934

Address	Redfin Estimate
313 Iron Avenue Southwest, Albuquerque, NM 7 Beds \| 4 Baths \| 5603 Sq. Ft.	—

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 87102, NM

Sale history for 508 3rd St SW

Tax history for 508 3rd St SW

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 87102

Home values near 508 3rd St SW

More real estate resources