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About This Home

This 6-bedroom, 3-bathroom residential multi family at 505 Mesilla Street SE in Albuquerque, NM is listed for $280,000. Built in 1960, on a 0.16 acres lot.

Agent Description

This well maintained 3-unit investment property offers an excellent opportunity to own a centrally located income-producing asset with numerous recent capital improvements. New windows in unit #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. Conveniently located near UNM, CNM, Kirtland AFB, airport, Expo New Mexico, Nob Hill, shopping, dining, parks

Key Features

  • Built in 1960
  • 0.16 acre lot

Property Details

1 story
3 full
1960

Amenities

A/C

Monthly Cost Estimate

$1,497/mo

20% down · 6.5% · 30 years

Principal$202
Interest$1,213
Insurance$82

Estimates only. Actual payments may vary.

Location

505 Mesilla Street SE

Albuquerque, NM 87108

Mann Add

Property Details

Flooring

Tile

Heating

Forced Air

Questions & Answers

This 6-bedroom, 3-bathroom residential multi family at 505 Mesilla Street SE is listed at $280,000. The estimated monthly payment is $1,213 based on 20% down at 6.5% interest.

Key features include: Built in 1960, 0.16 acre lot.

This property is listed by Jeremiah D. Collins and can be reached at 5057105478 or redbooth@gmail.com.

JC

Jeremiah D. Collins

Agent at Real Broker, LLC

(505) 710-5478

Listed by Real Broker, LLC · View on Broker Site

MLS# 1103098· Source: listhub· Updated 26 days ago

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

505 Mesilla Street SE, Albuquerque, NM 87108

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