new mexico adobe

c.1937 New Mexico Adobe Duplex For Sale $199K

$199,000

Flexible multi-family living at its finest! Whether you’re looking to offset your mortgage by living in one unit and renting the other, or seeking an outstanding dual-income investment property, this New Mexico adobe offers endless possibilities.

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Realtor Comments

Unit A has 2 bedrooms plus bonus room for an office/hobby room and full bath. Beautiful tall ceilings with vigas, original wood floors, and fireplace in the spacious living/dining area. Unit B has one bedroom, living/dining and bath. With plenty of space and possibilities, along with side yard access and parking, this property is ready for your vision and personal touches. A great opportunity for a homeowner, investor, or handy buyer looking for a property with upside potential. Bring your creativity and transform this diamond in the rough into something truly special!
  • 3bd
  • 2ba
  • 1,775sqft
  • 8,276sqft lot
  • Circa 1937

More New Mexico Properties

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300 63rd St NW, Albuquerque, NM 87105

If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended. 

Contact Realtor: Elias Glen Medina

Brokered by Keller Williams Realty

Google Maps

Niche

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Pros

  • High Southwestern Affordability: The cost of living and median home prices sit below national averages. Housing costs are significantly lower than nearby regional destinations (like Santa Fe or Denver), making homeownership accessible.

  • Abundant Sunshine & Outdoor Recreation: Boasting over 310 days of sunshine per year and low humidity, the weather is ideal for an active outdoor lifestyle. The Sandia Peak Tramway, extensive mountain biking/hiking trails in the Sandias, and the Bosque path along the Rio Grande are right at your doorstep.

  • Rich Culture & Unique Cuisine: Albuquerque offers a deep sense of identity rooted in Pueblo Native American and Spanish/Mexican heritage. The city’s famous food scene—built around authentic New Mexican green and red chiles—is a major cultural draw. Events like the annual International Balloon Fiesta and historic spots like Old Town add to its local charm.

  • Manageable Commutes & Traffic: Despite being a metro area of over 560,000 people, traffic congestion is minimal compared to major West Coast cities, with average daily commutes hovering around 20 to 22 minutes.

  • Stable Key Employment Sectors: The economy hosts strong, high-tech research, military, and institutional hubs, including Sandia National Laboratories, Kirtland Air Force Base, the University of New Mexico (UNM), healthcare networks, and a flourishing film/television production scene.

Cons

  • Elevated Crime Rates: Both property crime (auto theft, burglary) and violent crime rates sit above national averages. While safety varies significantly by neighborhood—with quieter, lower-crime areas like Northeast Heights, North Valley, and Far Northwest—it remains a primary concern for residents.

  • High Desert Climate Extremes & Dry Air: Situated at over 5,000 feet in elevation, the city experiences intense dry heat in summer (regularly reaching the mid-to-high 90s) and chilly winter nights below freezing. The arid high-altitude environment can take time to adapt to and requires constant hydration.

  • Car Dependency & Sprawl: Beyond centralized corridors served by ABQ RIDE and ART (Albuquerque Rapid Transit), the metro layout is widely spread out, making a reliable personal vehicle necessary for day-to-day life.

  • Variable Public Education System: Performance metrics across public schools in the Albuquerque Public Schools (APS) district are mixed. While there are top-performing magnet programs, charter options, and high schools, parents often research specific school zones carefully.

  • Industry-Specific Job Market: Outside of government research, defense contractors, healthcare, higher education, and film, options in traditional corporate, specialized tech, or finance sectors can be more limited compared to larger economic centers.

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