About This Home

This 5-bedroom, 2-bathroom single family at 10516 Lexington Avenue NE in Albuquerque, NM is listed for $285,000 ($139 per sqft). Built in 1962, the home offers 2,053 sqft of living space on a 0.14 acres lot.

Key Features

  • Built in 1962
  • 0.14 acre lot
  • 2 stories

Property Details

2 stories
1 full
1-car garage
1962
Listing Description

**SELLER FINANCING OPPORTUNITY AVAILABLE!** Property is being sold as-is, with no repairs to be made by seller ** Discover the potential in this spacious 5-bedroom, 2-bath home in the desirable Northeast Heights of Albuquerque! With a unique two-level layout, original hardwood floors, a den, and a bonus basement, this property offers plenty of space and flexibility for a buyer ready to bring their vision to life.

The main level features 3 bedrooms and 1 bathroom, along with original hardwood floors that add character and provide a great foundation for restoration or updating. Downstairs offers 2 additional bedrooms and 1 bathroom, plus a den and bonus basement space, creating numerous possibilities for a home office, recreation area, storage, guest accommodations, or additional living space.

This property is prime for renovation and ready for some TLC as it is being sold as-is condition. Whether you're looking to customize a home to fit your lifestyle, build equity through improvements, or take on your next investment project, there is plenty of potential here.

An FHA 203(k) renovation loan may also be an option for qualified buyers, subject to lender, property, and program requirements. (Partner lender has program designed for this house as well as incentive to buyer!) Located in the established and desirable Northeast Heights, this home offers a convenient Albuquerque location with the opportunity to create something truly special. Bring your contractor, your ideas, and your vision--this property is ready for its next chapter!

Monthly Cost Estimate

$1,524/mo

20% down · 6.5% · 30 years

Principal$206
Interest$1,235
Insurance$83

Estimates only. Actual payments may vary.

Location

10516 Lexington Avenue NE

Albuquerque, NM 87112

Snow Heights Add

Questions & Answers

This 5-bedroom, 2-bathroom single family at 10516 Lexington Avenue NE is listed at $285,000 ($139/sqft). The estimated monthly payment is $1,524 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1962, 0.14 acre lot, 2 stories.

This property is listed by K2 Omni Group.

KG

K2 Omni Group

License 50525, 20817

Agent at K2 Omni Group

Listed by K2 Omni Group · Broker phone: (505) 750-2837 · View on Broker Site · Broker website

MLS# 1111059· Source: Southwest MLS· 55 days on PropertySimple

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

10516 Lexington Avenue NE, Albuquerque, NM 87112

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