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138 MESILLA Street NE Albuquerque, NM $ 278,000
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$ 278,000 Get more info
138 MESILLA Street NE
$ 278,000
Back to search
Share Save

138 MESILLA Street NE

Albuquerque, NM, 87108
$ 278,000
Bedrooms2 Baths1.0 Sq 1,924

Monthly Estimate*

$ 1,734

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Multi-Family Home for sale in Albuquerque, NM

for $278,000 with 2 bedrooms and 1 full bath. This 1,924 square foot home was built in 1953 on a lot size of 0.16.

Rare find: renovated single-family home PLUS a fully updated casita--two move-in-ready dwellings on one property! 6.22% CAP, 8.91 GRM, 14.25% IRR. Both homes are separately metered for gas and electric, giving clean accounting for house-hackers and investors. Zoned R-T for multifamily use, the options are endless: live in one and rent the other, create a mother-in-law suite, set up a long- or short-term rental (Airbnb/VRBO, where permitted), or run a pure income property. The main house features beautiful hardwood floors and a bright, inviting layout. Out back, a second home offers its own kitchen and living space with 2 bedrooms and 2 bathrooms. Both kitchens and baths have been updated. flexible, high-performing asset with lifestyle upside--schedule your tour today.

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Multi-Family Pending

Price

$ 278,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 930

Style

Lot Size

0.16

Year Built

1953

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1091738
Features
General
Heating Central Ductless Forced Air
Cooling Ductless Evaporative Cooling
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Free-Standing Electric Range Free-Standing Gas Range Range Hood
Construction Materials Frame
Year Built 1953
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Gross Income 29640
Accessibility None
County Bernalillo
Operating Expense 11389
New Construction false
Property Type Residential Income
Green Energy Generation None
Status Pending
Directions From I-40 in Albuquerque take Exit 159A for San Mateo Blvd and head south. Continue about 1.5 miles then turn left (east) onto Lomas Blvd NE. Drive about 1.3 miles and turn right (south) on Mesilla St NE. Go about 0.2 miles; 138 Mesilla St NE will be on your left. This is a straightforward route from I-40 to the address.
City Albuquerque
Disclosures Lead Based Paint Disclosure Principal is Real Estate Licensed RANM 2100 Disclosure
Zoning Description R-T*
Number Of Units Total 2
MLS Area 70 - Fairgrounds
Lot Size Square Feet 6969.6
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 930.83
Property Condition Resale
Structure Type House
Builder Name unknown
Standard Status Pending
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Interior
Flooring Carpet Tile Vinyl Wood
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Washer Hookup Dryer Hookup ElectricDryer Hookup
Total Bedrooms 2
Total Baths 1
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Exterior
Exterior Amenities Landscaping
Number of Buildings 2
Building Area Total 1924
Lot Size Acres 0.16
Lot Size Source Public Records
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* Excluded Features
List By
Peter Cochran

Listing Agent

Albuquerque - Weichert, Realtors® - Image

Broker

Affordability Calculator

$1,812
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,734
Monthly Property Taxes
$78
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/22/2025$278,000 Listed Price

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138 MESILLA Street NE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $278,000 with 1,924 sqft and a lot size of 0.16. 138 MESILLA Street NE has 2 bedrooms, 1.0 baths, and was built in 1953. The property's zip code is 87108 which is in Albuquerque, NM

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