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616 & 618 Mesilla Street SE Albuquerque, NM $ 444,272
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616 & 618 Mesilla Street SE
$ 444,272
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616 & 618 Mesilla Street SE

Albuquerque, NM, 87108
$ 444,272
Bedrooms2 Baths4.0 Sq 2,218

Monthly Estimate*

$ 2,805

616 & 618 Mesilla Street SE, Albuquerque, NM 87108 - Image 1
616 & 618 Mesilla Street SE, Albuquerque, NM 87108 - Image 2
616 & 618 Mesilla Street SE, Albuquerque, NM 87108 - Image 3
616 & 618 Mesilla Street SE, Albuquerque, NM 87108 - Image 4

Multi-Family Home for sale in Albuquerque, NM

for $444,272 with 2 bedrooms and 4 full baths. This 2,218 square foot home was built in 1946 on a lot size of 0.31.

Exceptional opportunity to acquire a 6-unit apartment portfolio located in Albuquerque's strong workforce housing sector. The property features a well-balanced unit mix of studios/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 8.74% caprate, 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, resulting in solid operations and tenant stability.

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Multi-Family Active

Price

$ 444,272

Bedrooms

2

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,042

Style

Lot Size

0.31

Year Built

1946

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1108479
Features
General
Heating Wall Furnace
Cooling Evaporative Cooling Ceiling Fan(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Built-In Gas Range Refrigerator
Construction Materials Stucco
Year Built 1946
Tenant Pays Other See Remarks
Stories Count 1
Levels One
Property Subtype Multi Family
County Bernalillo
New Construction false
Property Type Residential Income
Green Energy Generation None
Status Active
Directions Take Exit 222A for Gibson Blvd and head east.Continue on Gibson Blvd for about 1.5 miles.Turn right (south) onto San Mateo Blvd SE.Turn left (east) onto Avenida CA(c)sar Chavez SE.Turn right (south) onto Mesilla St SE.Continue south to 616 Mesilla St SE and 618 Mesilla St SE
City Albuquerque
Disclosures Lead Based Paint Disclosure Principal is Real Estate Licensed RANM 2100 Disclosure
Zoning Description R-T*
Number Of Units Total 6
MLS Area 71 - Southeast Heights
Lot Size Square Feet 13504
Listing Terms Cash Conventional
Tax Annual Amount 8042.24
Property Condition Resale
Additional Parcels Y/N true
Builder Name Unkown
Standard Status Active
Total Actual Rent 5410
Property Sub Type Additional Multi Family
Legal Description N/A
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Carpet Laminate Tile Vinyl
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 2
Total Baths 4
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Exterior
Exterior Amenities Landscaping
Number of Buildings 3
Building Area Total 2218
Lot Size Acres 0.31
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

$3,475
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,805
Monthly Property Taxes
$670
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/4/2026$444,272 Listed Price

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616 & 618 Mesilla Street SE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $444,272 with 2,218 sqft and a lot size of 0.31. 616 & 618 Mesilla Street SE has 2 bedrooms, 4.0 baths, and was built in 1946. The property's zip code is 87108 which is in Albuquerque, NM

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