510 Mesilla Street SE 1-4 Albuquerque, NM $ 430,000
510 Mesilla Street SE 1-4
$ 430,000
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510 Mesilla Street SE 1-4

Albuquerque, NM, 87108
$ 430,000
Bedrooms2 Baths1.0 Sq 2,700

Monthly Estimate*

$ 2,715

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Multi-Family Home for sale in Albuquerque, NM

for $430,000 with 2 bedrooms and 1 full bath. This 2,700 square foot home was built in 1960 on a lot size of 0.16.

Great opportunity for an investor looking to add a four-unit property to their portfolio. This multifamily property features four 2-bedroom, 1-bath units, each offering a practical floor plan and its own private patio.Each unit has one designated parking space, while the property also offers the convenience of private outdoor space for residents. Heating is provided by wall-unit heaters, with swamp coolers located on the roof for cooling. The property does not currently offer on-site laundry.The roof has been recently serviced, although its exact age is unknown. The units have not had recent updates, providing an investor with the opportunity to improve and modernize the property while potentially increasing rents and long-term value.A solid opportunity for an investor seeking a multifamily property with four separate income-producing units and potential upside through future improvements.Pet deposit:$250 pet fee non-refundable$30 pet monthly pet rentRent amounts:-Unit A&D $960-Unit B $979 & starting 9/1 $1009-Unit C $979 plus pet rent $25Late fee:5% of rentRoofing proposal (work is completed, proposal attached):$6,075

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Multi-Family Active

Price

$ 430,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 4,409

Style

Lot Size

0.16

Year Built

1960

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1109913

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 Convection Oven Refrigerator
Patio/Porch Features Patio
Security Features Security Gate
Construction Materials Synthetic Stucco
Year Built 1960
Electric Net Meter
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Unit Number 1-4
Property Subtype Quadruplex
Gross Income 47200
Community Features Patio
Accessibility None
County Bernalillo
New Construction false
Property Type Residential Income
Subdivision Name Mann Add
Green Energy Generation None
Status Active
Directions From Central and San Mateo head South .34 miles turn left (East) onto Bell Ave. Go 3 blocks until Mesilla St. and turn right (South) onto Mesilla. It is the third building down.
City Albuquerque
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description R-ML*
Number Of Units Total 4
MLS Area 71 - Southeast Heights
Lot Size Square Feet 6850
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 4409.48
Property Condition Resale
Virtual Tour https://www.zillow.com/view-imx/f630ecfd-8332-4add-a127-221e0b2a9260?initialViewType=pano https://www.zillow.com/view-imx/f630ecfd-8332-4add-a127-221e0b2a9260?initialViewType=pano
Builder Name Unknown
Standard Status Active
Year Built Source Other
Total Actual Rent 4036
Property Sub Type Additional Quadruplex
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Tile Vinyl
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 2
Total Baths 1
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Exterior
Exterior Amenities Patio
Total Parking 4
Number of Buildings 1
Building Area Total 2700
Lot Size Acres 0.16
Lot Size Source Public Records
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* Excluded Features
List By
Tyler Matthew Swinson

Listing Agent

Realty One Of New Mexico

Broker

tswinson@live.com

Email

Affordability Calculator

$3,082
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,715
Monthly Property Taxes
$367
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
Pricing History
DatePricePrice ChangeDescription
8/27/2026$430,000 Listed Price

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510 Mesilla Street SE 1-4, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $430,000 with 2,700 sqft and a lot size of 0.16. 510 Mesilla Street SE 1-4 has 2 bedrooms, 1.0 baths, and was built in 1960. The property's zip code is 87108 which is in Albuquerque, NM