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501-505 Mesilla Street SE

Albuquerque, NM 87108
  • $560,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 1103106
UPDATED: 24 min ago
$560,000
  • 10
    BEDS
  • 0.16
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Description

This well maintained 6-unit investment property offers an excellent opportunity to own a centrally located income-producing asset with numerous recent capital improvements. Recent updates include a new roof, fascia, & evaporative cooler, completed appx 1.5 years ago, and new windows in 501 B & C, & 505 B, improving energy efficiency & tenant comfort. Several units feature tasteful remodeling & modern upgrades, including durable tile flooring, recessed lighting, and 80% energy-efficient furnaces in select units. Functional floor plans & courtyard-style layout appeal to tenants seeking convenience & affordability. Whether you're expanding your investment portfolio or entering multifamily ownership, this property offers strong income potential with meaningful upgrades.

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IDX information © 2026 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2026-06-14T22:05:03.433.
www.albuquerquerealestateservices.com/homes/176228145
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501-505 Mesilla Street SE Albuquerque, NM 87108

  • Price: $560,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 24 min ago
  • MLS #: 1103106
10
Beds
6
Baths
0
½ Baths
0.16
Acres
1963
Built
Neighborhood:
71 - Southeast Heights
County:
Bernalillo
Area:
71 - Southeast Heights
Property Description
This well maintained 6-unit investment property offers an excellent opportunity to own a centrally located income-producing asset with numerous recent capital improvements. Recent updates include a new roof, fascia, & evaporative cooler, completed appx 1.5 years ago, and new windows in 501 B & C, & 505 B, improving energy efficiency & tenant comfort. Several units feature tasteful remodeling & modern upgrades, including durable tile flooring, recessed lighting, and 80% energy-efficient furnaces in select units. Functional floor plans & courtyard-style layout appeal to tenants seeking convenience & affordability. Whether you're expanding your investment portfolio or entering multifamily ownership, this property offers strong income potential with meaningful upgrades.
Exterior Features

Levels One

Interior Features

Cooling Evaporative Cooling Cooling YN Yes Flooring Tile Heating Forced Air Heating YN Yes

Property Features

Accessibility Features None Builder Name Unknown Green Energy Generation None Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional New Construction YN No Owner Pays Electricity Gas Sewer Water Property Condition Resale Property Sub Type Multi Family Property Sub Type Additional Multi Family Tax Annual Amount 2735.54 Tenant Pays None Total Actual Rent 6281 Utilities Electricity Connected Natural Gas Connected Zoning Description R-2

Southwest MLS] logo Listing courtesy of Real Broker, LLC: (505) 557-4976. © 2026 Southwest Multiple Listing Service, Inc.


IDX information © 2026 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2026-06-14T22:05:03.433.
 
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Rush Real Estate Group | Realty One of New Mexico
8500 Menaul Blvd. NE, Suite A-240
Albuquerque NM, 87112