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609 Mesilla Street SE Albuquerque, NM $ 1,144,491
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609 Mesilla Street SE
$ 1,144,491
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609 Mesilla Street SE

Albuquerque, NM, 87108
$ 1,144,491
Bedrooms9 Baths7.0 Sq 6,896

Monthly Estimate*

$ 7,226

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

Multi-Family Home for sale in Albuquerque, NM

for $1,144,491 with 9 bedrooms and 7 full baths. This 6,896 square foot home was built in 1984 on a lot size of 0.31.

Exceptional opportunity to acquire a 13-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 8.35% 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, resulting in solid operations and tenant stability

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Multi-Family Active

Price

$ 1,144,491

Bedrooms

9

Full Bath

7

Property Type

Multi-Family

Taxes

$ 15,448

Style

Lot Size

0.31

Year Built

1984

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1108384
Features
General
Heating Wall Furnace
Cooling Evaporative Cooling
Utilities Electricity Connected Sewer Connected Water Connected
Appliances Built-In Gas Range Refrigerator
Construction Materials Stucco
Year Built 1984
Tenant Pays Other See Remarks
Stories Count 2
Levels Two
Property Subtype Multi Family
Community Features Laundry Facilities
County Bernalillo
New Construction false
Property Type Residential Income
Green Energy Generation None
Status Active
Directions Take Exit 222A for Gibson Blvd.Head east on Gibson Blvd SE.Turn left (north) onto Broadway Blvd SE.Turn right (east) onto Mesilla St SE.Continue to 609 Mesilla St SE which will be on your left.(Google maps)
City Albuquerque
Disclosures Principal is Real Estate Licensed RANM 2100 Disclosure
Zoning Description R-ML*
Number Of Units Total 13
MLS Area 71 - Southeast Heights
Lot Size Square Feet 13504
Listing Terms Cash Conventional
Tax Annual Amount 15448.01
Property Condition Resale
Builder Name Unkown
Standard Status Active
Total Actual Rent 14608
Property Sub Type Additional Multi Family
Legal Description N/A
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Interior
Flooring Carpet Tile Vinyl
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 9
Total Baths 7
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Exterior
Exterior Amenities Landscaping
Number of Buildings 1
Building Area Total 6896
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

$8,514
Per Month
85%
15%
0%
Monthly Principal & Interest
$7,226
Monthly Property Taxes
$1,287
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
8/2/2026$1,144,491 Listed Price

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609 Mesilla Street SE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $1,144,491 with 6,896 sqft and a lot size of 0.31. 609 Mesilla Street SE has 9 bedrooms, 7.0 baths, and was built in 1984. The property's zip code is 87108 which is in Albuquerque, NM

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