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613 Mesilla Street SE Albuquerque, NM $ 1,397,298
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613 Mesilla Street SE
$ 1,397,298
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613 Mesilla Street SE

Albuquerque, NM, 87108
$ 1,397,298
Bedrooms14 Baths14.0 Sq 6,408

Monthly Estimate*

$ 8,603

613 Mesilla Street SE, Albuquerque, NM 87108 - Image 1
613 Mesilla Street SE, Albuquerque, NM 87108 - Image 2
613 Mesilla Street SE, Albuquerque, NM 87108 - Image 3

Multi-Family Home for sale in Albuquerque, NM

for $1,397,298 with 14 bedrooms and 14 full baths. This 6,408 square foot home was built in 1974 on a lot size of 0.28.

Exceptional opportunity to acquire a 14-unit apartment portfolio located in Albuquerque's strong workforce housing sector. The property features a well-balanced unit mix of 1-bedroom/1-bath and 2-bedroom/1-bath units, catering to consistent rental demand in a high-occupancy submarket.This asset offers immediate and stable cash flow, operating at an 7.70% cap rate, making it an attractive option for both seasoned and entry-level multifamily investors seeking yield in today's market.A significant portion of the tenant base is supported by housing voucher programs, providing reliable, government-backed rental income and reducing collection risk. The property has been well maintained by a hands-on local owner who has taken pride in management and upkeep.

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Multi-Family Active

Price

$ 1,397,298

Bedrooms

14

Full Bath

14

Property Type

Multi-Family

Taxes

$ 8,042

Style

Lot Size

0.28

Year Built

1974

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1105932
Features
General
Heating Forced Air
Cooling Evaporative Cooling
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Refrigerator
Construction Materials Adobe
Year Built 1974
Tenant Pays Other See Remarks
Stories Count 2
Levels Two
Property Subtype Multi Family
Community Features Deck/Porch Storage Facilities
County Bernalillo
New Construction false
Property Type Residential Income
Subdivision Name Emil Mann Add
Green Energy Generation None
Status Active
Directions Gibson to southern to Mesilla
City Albuquerque
Disclosures Principal is Real Estate Licensed RANM 2100 Disclosure
Zoning Description MX-M*
Number Of Units Total 14
MLS Area 71 - Southeast Heights
Lot Size Square Feet 12371
Listing Terms Cash Conventional Owner May Carry
Tax Annual Amount 8042.24
Property Condition Resale
Builder Name Unknown
Standard Status Active
Total Actual Rent 15190
Property Sub Type Additional Multi Family
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Interior
Flooring Carpet Laminate Tile Vinyl
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 14
Total Baths 14
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Exterior
Exterior Amenities Landscaping
Number of Buildings 1
Building Area Total 6408
Lot Size Acres 0.28
Lot Size Source Public Records
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* Excluded Features
List By
Trey W. Whaley

Listing Agent

Trinity Apartment Company Llc

Broker

tw@trinityapartmentsales.com

Email

Affordability Calculator

$9,274
Per Month
93%
7%
0%
Monthly Principal & Interest
$8,603
Monthly Property Taxes
$670
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
6/20/2026$1,397,298 Listed Price

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613 Mesilla Street SE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $1,397,298 with 6,408 sqft and a lot size of 0.28. 613 Mesilla Street SE has 14 bedrooms, 14.0 baths, and was built in 1974. The property's zip code is 87108 which is in Albuquerque, NM

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