Homes by Carolyn Fischman

1508 Edith Boulevard NE, Albuquerque, NM 87102 (MLS# 1101065)

1508 Edith Boulevard NE, Albuquerque, NM 87102

$1,375,000
Property Type: Residential Income Square Footage: 5,304 Lot Size (sq. ft.): 22,651 Status: Active
Current Price: $1,375,000 List Date: 4/03/2026 Last Modified: 10/05/2026

Overview

Description

Introducing Academy Casitas, Albuquerque's unique tiny village in the heart of downtown. This 8-unit hacienda-style community sits on a private, scenic .52 acre lot with ample parking and mixed-use zoning. Thoughtfully developed over 20 years, the property blends Southwestern charm with functional design, offering privacy and dedicated outdoor living spaces. Features include an on-site laundry room, a Morton steel building, and an RV pad with hookups. Well maintained with updates to roof, HVAC, appliances, and sewer/water lines. Flexible rental options for short- or long-term use. Turnkey asset with strong cash flow and upside potential. Academy Casitas domain https://academycasitas.com/ will convey with the sale of the property.

Listing Details MLS# 1101065

Contract Information

List Price/SqFt
259.24

Location

Street #
1508
Street Name
Edith
St Suffix
Boulevard
Post Direction
NE
County
Bernalillo
City/Town Code
Albuquerque
State/Province
NM
Zip Code
87102
Zip +4
1676
MLS Area Major
80 - Downtown Area
Zone Atlas
J15

General Property Description

# of Units
8
5+ Units
Yes
Property Sub-Type
Multi-Family
Living Area
5304
SqFt Source
Professional
Lot Size Source
Survey
Acres
0.52
Lot SqFt
22651
Directions
From Mountain & Broadway, east to Edith, South on Edith to property.
Stories
Yes
Total # of Buildings
3
Year Built
1949
Age
71 - 80
Accessory Dwelling Unit
No
Disability Access
Yes
LBP Disclosure
Yes
Builder
unknown
Owner Occupant Unit
No
Flood Zone
X

Cooling

Centrally Ducted
Yes

Sales Info

Trade/Xch Considered
No

# of Unit Types (1)

# of Units
Yes
# of Bedrooms
Yes
# Baths
Yes
Style
Cooper Casita
Approx. SqFt
534
Actual Rent
1325
Max Rent
1475
Market Rent
1475

More Information

# of Unit Types (2)

# of Units
Yes
# of Bedrooms
2
# Baths
Yes
Style
Casa Grande
Approx. SqFt
1200
Actual Rent
1660
Max Rent
1700
Market Rent
1725

# of Unit Types (3)

# of Units
Yes
# Baths
Yes
Style
Writers Studio
Approx. SqFt
332
Actual Rent
1200
Max Rent
1175
Market Rent
1175

# of Unit Types (4)

# of Units
Yes
# of Bedrooms
Yes
# Baths
Yes
Style
Luxury Loft
Approx. SqFt
528
Actual Rent
1280
Max Rent
1350
Market Rent
1350

# of Unit Types (5)

# of Units
Yes
# of Bedrooms
2
# Baths
Yes
Style
Tres Archis
Approx. SqFt
1060
Actual Rent
1300
Max Rent
1500
Market Rent
1500

# of Unit Types (6)

# of Units
Yes
# of Bedrooms
2
# Baths
Yes
Style
Zenita Casita
Approx. SqFt
600
Actual Rent
1250
Max Rent
1375
Market Rent
1375

# of Unit Types (7)

# of Units
Yes
# of Bedrooms
2
# Baths
Yes
Style
Cooks Corner
Approx. SqFt
550
Actual Rent
1320
Max Rent
1375
Market Rent
1375

# of Unit Types (8)

# of Units
Yes
# of Bedrooms
Yes
# Baths
Yes
Style
Beach Bungalow
Approx. SqFt
550
Actual Rent
1200
Max Rent
1300
Market Rent
1300

Unit Summary

Total Units
8
Average Unit Size
669.25
Average Actual Rent
1316.87
Annualized
126420
Total Actual Rent
10535

Property Features

Construction Materials: Frame; Stucco Build Description: Resale Amenities: Balconies/Deck; Ceiling Fan(s); Fireplace Some Units; Laundry Community; Security Gate; Storage Appliances included: Dryer; Free-Standing Gas Range; Microwave; Refrigerator; Washer Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Heating: Forced Air Cooling: Evaporative Cooling Flooring: Laminate; Tile Green Energy Generation: None Electric Provider: Public Utility Miscellaneous Info: No Sign Metering: Individual Electric; Individual Gas Owner Pays: Sewer; Trash Removal; Water; Other - See Remarks Tenant Pays: Electric; Gas; Other - See Remarks Parking: 2+Spaces Per Unit Roof: Flat; Pitched Rental Info: Current Lse Agreemnt; Month To Month; Yearly Lease; Other - See Remarks Finance Considered: Cash; Conventional; FHA; VA Source: Owner Provided Showing Requirements: Call Listing Agent Zoning: MX-T*
Listing Office: LPT Realty
Last Updated: October - 05 - 2026
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

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