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Yes, the most walkable neighborhoods in ABQ are all pretty much adjacent to Central Ave - Old town/Downtown, Edo (though this area is still kinda lacking in many basic needs), the University area (probably the most walkable, and very transit-accessible for getting to other areas in the city) and Nob Hill. I live near the university and walk or bike for most things, but still have a car handy for carting big stuff or for weekend road trips.