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119 Charleston St Se, Albuquerque
$299,000
Turnkey investment opportunity with all units fully rented! This recently updated property features a new TPO roof, mini-split systems in every unit, new windows, fresh paint, and new doors throughout. A low-maintenance, income-producing property that's ready to add to your investment portfolio.

119 Charleston St Se, Albuquerque
433 Mesilla & 437 (4 Lots) Street Se, Albuquerque
$2,323,232
Historic Ownership Since its original construction and development, the Four33/Four37 Apartments have had only a handful of owners. The owner with the longest period of stewardship and the original developer was Weldon ''Connie'' Alexander, who was the voice of the UNM Lobos for over a decade. Connie was a UNM athlete and inducted into the UNM Sports Hall of Fame in 2003. As a local lender, investor, landlord and community leader, he led the charge for the rebranding of this neighborhood to support Ta-Lin and the cultural diversity as the ''International District''. Measures of investment performance at the current asking price of $2,323,232 and with average rents of $755, include a low price per unit of $72,601, a price per square foot of $158, a GRM of 8.02, a cap rate of 6.33%, and

433 Mesilla & 437 (4 Lots) Street Se, Albuquerque
8116 Kathryn Ave Se, Albuquerque
$235,000
3 Beds ⋅ 1 Baths
**FHA Financing Available** Completely remodeled and move-in ready! This beautiful 3-bedroom, 1-bath home sits on an oversized lot with convenient backyard access, offering plenty of space for vehicles, toys, a workshop, or future possibilities. Fresh modern interior featuring new flooring and an updated kitchen with brand-new appliances. Major upgrades include a new roof (with 5yr warranty), new windows, updated electric and plumbing, and new HVAC system with refrigerated air for year-round comfort. Whether you're a first-time buyer, downsizing, or looking for a turnkey investment, this home combines quality updates, functionality, and value. Don't miss this opportunity to own a fully renovated home with room to grow!

8116 Kathryn Ave Se, Albuquerque
620 Elk Dr Se, Albuquerque
$62,000
2 Beds ⋅ 2 Baths
This well-kept and maintained mobile home offers affordable living in a great community! This 2-bedroom, 2-bathroom home has new carpet and vinyl flooring throughout. Nearby you'll enjoy a community center, tennis and basketball courts, a dog park, and even a community pool! Washer, dryer, fridge & shed convey. Home is on a land lease.

620 Elk Dr Se, Albuquerque
632 Fawn Trl Se, Albuquerque
$54,900
2 Beds ⋅ 2 Baths
Four Hills Mobile Home Park and an affordable option to paying high apartment rent. Enjoy this lovely 2 bedroom 1.75 bath home. Gas stove, dishwasher, refrigerator and newer washer and dryer. Fresh paint new laminate flooring. close to club house enjoy the pool, tennis courts, even a place to line dry your clothes the old fashioned way. 2 car car port don't wait won't last long at this price. Cash or financing thru 21stmortgage.com. Space rent 720.00

632 Fawn Trl Se, Albuquerque
1805 Bold Ruler Rd Se, Albuquerque
$750,000
6 Beds ⋅ 3 Baths
Welcome home to this spacious and beautifully designed seven-bedroom home offering room for everyone and everything. There are 2 primary suites, one up and one down. Large closets throughout & featuring three full bathrooms, two living areas, formal dining room and large well-appointed kitchen, this home is ideal for both everyday living and entertaining. The lush backyard is a private retreat filled with colorful flowers and the greenest grass you have ever seen. A charming gazebo, and an outdoor kitchen perfect for gatherings year-round. The 3 car garage provides ample storage & parking. Combing generous living spaces with exceptional outdoor amenities, this property offers comfort, functionality & endless possibilities.

1805 Bold Ruler Rd Se, Albuquerque
1025 Valencia Dr Se Unit APT 16, Albuquerque
$60,000
1 Beds ⋅ 1 Baths
Top-floor 1-bedroom, 1-bath condo in the gated Tres Caminos community offering 582 square feet and plenty of potential for the next owner. This second-story unit features a functional floor plan, abundant natural light, refrigerated central air, gas range, and a private balcony overlooking the community pool area. The property is ready for renovation and personalization, making it a great opportunity for an investor or buyer looking to create an affordable home of their own. Community amenities include an on-site laundry facility, common-area maintenance, exterior building maintenance, and front landscaping. Buyer to verify current HOA inclusions and community amenities. Conveniently located near shopping, dining, parks, Albuquerque International Sunport, Kirtland Air Force Base, the VA Hospital, and Sandia National Laboratories. Cash-only complex. Property is being sold As-Is.

1025 Valencia Dr Se Unit APT 16, Albuquerque
528 Alvarado Dr Se, Albuquerque
$469,000
Attention investors! This Southeast Heights 4-plex is a fantastic opportunity to expand your investment portfolio. The property features four fully occupied 2-bedroom, 1-bath units, each with its own individual utility meter. Conveniently located near shopping, dining, and everyday amenities, this income-producing property offers strong rental appeal in a desirable location.

528 Alvarado Dr Se, Albuquerque
110-114 Indiana St Se Unit 1-7, Albuquerque
$500,000
High-yield investment opportunity with an 12% cap rate and owner financing available. This income-producing property offers multiple revenue streams on one parcel, including an updated duplex, an owned mobile home, and four additional mobile home pads with expansion potential. Duplex features a 1BR/1.5BA unit with walk-in closet and two fireplaces, plus a 3BR/2BA unit. Ideal for investors seeking immediate cash flow with future upside. Call for details.

110-114 Indiana St Se Unit 1-7, Albuquerque
629 Ortiz Dr Se, Albuquerque
$220,000
2 Beds ⋅ 1 Baths
Investor Special - Fire-Damaged Property with Major Improvements Completed! Electricity is currently off, but a new electrical meter has been installed. No exterior lighting, interior lighting, or heat. This property sustained fire damage and has been stripped to the studs, offering an excellent opportunity for investors or buyers looking to complete a renovation project. Major structural work has already been completed, including a new roof, new trusses, beams, and framing where needed. Bring your vision and finish transforming this property into a valuable investment or future home. Property is being sold AS-IS -----------------------------------------------Oportunidad para Inversionistas! - Propiedad con danos por Incendio y Mejoras Estructurales Realizadas La electricidad Esta¡ desconectada, pero ya se instalo un medidor electrico nuevo. La propiedad no cuenta actualmente con calefaccion ni iluminacion interior o exterior. Esta propiedad sufrio danios por incendio y ha sido desmontada hasta dejar expuesta la estructura. Ya se han completado importantes trabajos estructurales, incluyendo techo nuevo, cerchas nuevas, vigas y reparaciones de la estructura de madera donde fue necesario. Una excelente oportunidad para inversionistas o compradores que buscan terminar un proyecto de remodelación y convertirlo en una gran inversion. La propiedad se vende en su estado actual, TAL COMO ESTà (AS-IS).

629 Ortiz Dr Se, Albuquerque
6406 N Cochiti Rd Se, Albuquerque
$550,000
1 Beds ⋅ 1 Baths
Please contact listing broker for additional details. Do not disturb tenants

6406 N Cochiti Rd Se, Albuquerque
628 Florida St Se, Albuquerque
$286,000
3 Beds ⋅ 3 Baths
Situated on a quiet lot, 628 Florida St SE features an accent backsplash in kitchen, stainless steel appliances, patio, fenced in backyard, low maintenance, fresh interior paint, new flooring throughout home, and new appliances. This residence maintains a consistent aesthetic across every room. The property layout focuses on the integration of these updated finishes and structural improvements within the interior. Included 100-Day Home Warranty with buyer activation

628 Florida St Se, Albuquerque
510 Mesilla St Se Unit 1-4, Albuquerque
$430,000
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 rent Rent amounts: -Unit A&D $960 -Unit B $979 & starting 9/1 $1009 -Unit C $979 plus pet rent $25 Late fee: 5% of rent Roofing proposal (work is completed, proposal attached): $6,075

510 Mesilla St Se Unit 1-4, Albuquerque
412 Rhode Island St Se Unit N/A, Albuquerque
$79,900
Rare infill lot in at affordable price. Nice level property, ready for you dream home or an Investment . Owner financing available. Drive by and take a look. The adjacent land 408 Rhode Island is also for sale please check mls number 1084561

412 Rhode Island St Se Unit N/A, Albuquerque
6913 Acoma Rd Se, Albuquerque
$130,000
3 Beds ⋅ 2 Baths
Contact agent prior to scheduling a showing! Short sale - Priced for quick action and CASH OFFERS ONLY! Subject to full bank approval. Property Highlights: Spacious lot with room to customize or expand. This 3-bedroom, 2-bath single-family home 1303 Square feet on a 7,000 sq ft lot has a lot of potential for the right buyer or investor. Proof of funds required with offer and Sold ''As-Is'' Serious cash buyers only - please contact me for more details, to schedule a showing, or to submit an offer. All offers will be presented to the lender for approval.

6913 Acoma Rd Se, Albuquerque
620 San Pedro Dr Se, Albuquerque
$249,000
3 Beds ⋅ 2 Baths
This duplex property is suitable for owner-occupant. The 2 BR unit in the rear offers some yard space and the garage. Currently occupied. This duplex offers a 1BR unit and 2BR unit, both are 1BA. 2 detached garages in the rear are occupied by the tenants. 618 unit has new vinyl thermal windows, new vinyl and rebuilt bath plus new appliances. 620 unit has older thermal windows. Both units have had hardwood floors refinished in recent years. TPO roof is roughly 8 years old on both buildings. Both units are occupied. New electrical service in 2021.

620 San Pedro Dr Se, Albuquerque
400/404 Florida St Se Unit N/A, Albuquerque
$150,000
Two adjacent MX-L zoned commercial lots totaling approximately 0.31 acres at the southeast corner of Zuni and Florida in Albuquerque's SE Heights. These lots offer full Zuni Road frontage and access along a commercial and residential corridor with strong daily traffic counts of roughly 13,680 vehicles per day. The MX-L (Mixed-Use Low Intensity) zoning opens the door to a wide range of development opportunities, including retail, service-related, and community-oriented uses. Owner financing available. 20% down, 7.5% interest, 2-year term, amortization negotiable.

400/404 Florida St Se Unit N/A, Albuquerque
11100 Gibson Blvd Se Unit LX 369, Albuquerque
$105,000
3 Beds ⋅ 2 Baths
Affordable Opportunity in Albuquerque's Southeast Heights! Whether you're a first-time homebuyer looking for an affordable path to homeownership or an investor searching for your next opportunity, this 3-bedroom, 2-bath manufactured home, built in 2001, is worth a look! Located in the established South Pointe manufactured home community, this home offers comfortable living in a convenient Southeast Heights location. Enjoy community amenities along with easy access to shopping, dining, schools, and major roadways including Kirtland Airforce Base and Sandia labs. With three bedrooms, two baths, and a practical layout, there's plenty of potential to make this home your own. A great opportunity to build equity, create a home of your own, or add an investment property to your portfolio! Potential Buyers must apply and receive approval for leased lot. $650 monthly rate. South Pointe Village

11100 Gibson Blvd Se Unit LX 369, Albuquerque
533 Valencia Dr Se, Albuquerque
$331,592
This well-maintained, charming courtyard-style triplex offers a unique combination of residential character, walkability and investment upside. Mature landscaping, brick walkways and an inviting shared colonnade courtyard give the property a warm residential feel, while off-street parking and private patio space add convenience and privacy. Solatube tubular skylights bring abundant natural light into the residences, creating bright and welcoming interiors. The property also offers dedicated buried tool and storage areas, providing additional secure storage for owner use. The owner has made a number of recent improvements, including a new roof in 2022, new driveways and sidewalks in 2024, and interior renovations. Apartment 533 #6 has been fully renovated and includes a dedicated laundry room with a built-in clothing rack. Additional units offer varying laundry amenities, including washer and washer/dryer hookups. From an investment perspective, there is meaningful room for continued income growth. Current rents average approximately $825, compared with projected market rents of approximately $975, providing an opportunity to increase revenue as rents move toward market. With a start price of $331,592, the property currently offers an 11.16 GRM and 6.11% cap rate, with additional upside as rents are brought closer to market. The owner also owns the adjoining property at 537 Valencia SE, creating an opportunity for a buyer interested in expanding their investment beyond this triplex. Residents are within walking distance of parks, restaurants and retail while enjoying the character and privacy of an established neighborhood. This is the type of property that feels more like housing than apartments--a quality many residents value and one that helps distinguish it from more traditional multifamily properties. Don't miss this opportunity to acquire a distinctive Albuquerque triplex with existing income, recent capital improvements and a clear path for future rent growth.

533 Valencia Dr Se, Albuquerque
1024 Alvarado Dr Se Unit APT 6, Albuquerque
$1,660,470
*Property is being sold as a package with 1008 Alvarado Dr. SE* Offered at $3,400,000 ($79,070/unit), this 43-unit multifamily investment presents a compelling value-add opportunity with a 5.89% acquisition cap rate and a projected 6.42% pro forma cap rate. The property was 100% occupied as of March 2026 and features in-place rents estimated to be approximately 14% below market, providing meaningful revenue upside. Recent interior renovations have been completed throughout the majority of units, reducing near-term capital needs. Located within Albuquerque's established Southeast submarket, the property benefits from proximity to Kirtland Air Force Base, major employment centers, and convenient I-25 access. Seller financing is available.

1024 Alvarado Dr Se Unit APT 6, Albuquerque
1014 Mustang Trl Se, Albuquerque
$140,000
3 Beds ⋅ 2 Baths
Welcome home to this well-maintained manufactured home offering a bright, comfortable layout with thoughtful updates throughout. The spacious living area features attractive wood-look flooring, decorative ceiling beams, abundant natural light, and a custom built-in entertainment center (TV to convey) with shelving and cabinetry. The open layout flows into a functional kitchen featuring white cabinetry, generous counter space, a farmhouse-style sink, and ample storage. The primary suite offers plenty of space to unwind and includes a private bath with dual sinks, a soaking tub, separate shower, and built-in linen storage. Additional bedrooms provide flexibility for family, guests, or a home office. A second full bathroom and dedicated laundry area add everyday convenience. Enjoy cohesive flooring and neutral finishes throughout much of the home, recessed lighting, ceiling fans, and plenty of windows for natural light. The land rent includes water, trash, gas, and sewer, providing added convenience and predictable monthly expenses. With comfortable living spaces, abundant storage, and a welcoming interior, this home is ready for its next owner. Schedule your showing today!

1014 Mustang Trl Se, Albuquerque
6404 N Cochiti Rd Se, Albuquerque
$550,000
3 Beds ⋅ 2 Baths
Albuquerque's historic State Fair / EXPO NM. Multi-use property close to the NM State fair grounds is being sold jointly with adjacent property 6406 Cochiti (0.17 acres) 1 Bedroom, 1 Bathroom. Zoned C-3, the properties are being sold as-is. Please contact listing broker for additional details. Do not disturb tenants

6404 N Cochiti Rd Se, Albuquerque
532 Palomas Dr Se, Albuquerque
$420,000
Excellent investment opportunity! This well-maintained 4-plex at 536 Palomas Dr SE generates $3,214 /month in gross rental income. Unit mix includes four 2 bed/1 bath units. Features include off-street parking, private enclosed courtyards, newer windows, and newer stucco. A turnkey addition to any investment portfolio with strong cash flow.

532 Palomas Dr Se, Albuquerque
513 Utah St Se, Albuquerque
$205,000
Income property or owner-occupant opportunity at a fantastic price point! This duplex features two well-designed units, each offering 2 bedrooms, 1 full bathroom. Each unit also includes off-street parking for up to two vehicles. Conveniently located near shopping, restaurants, schools, parks, and major commuter routes. These units are designed for efficient, low-maintenance ownership, featuring durable tile flooring throughout and separately metered gas and electric utilities to help streamline operating expenses. Each unit also includes in-unit laundry hookups, a highly desirable amenity that enhances tenant convenience and strengthens rental appeal.

513 Utah St Se, Albuquerque
821 Ortiz Dr Se, Albuquerque
$240,000
3 Beds ⋅ 2 Baths
Opportunity knocks at this established Southeast Albuquerque property with solid fundamentals and plenty of potential. Whether you're looking for your next renovation project, an investment property, or a home to make your own, this one offers a strong starting point + Owner Financing is possible. Major improvements already include a newer TPO roof system and newer furnace, allowing you to focus your time and resources on bringing your vision to life. Originally configured as a duplex with a two-bedroom/one-bath unit and a one-bedroom/one-bath unit, the property offers the potential to explore a return to its previous layout, subject to buyer verification and any required approvals. Outside, you'll find a large fenced backyard along with an oversized detached one-car garage featuring a dedicated workshop area--ideal for projects, storage, or hobbies. Conveniently located near shopping, restaurants, schools, and everyday amenities, the property sits in an established neighborhood anchored by a fire station and church. A newly constructed multi-unit development next door also highlights the area's continued investment and future potential. Whether you're searching for your next rental, renovation, or value-add opportunity, this property offers plenty of possibilities for the right buyer.

821 Ortiz Dr Se, Albuquerque
631 & 633 Mesilla St Se, Albuquerque
$704,000
Exceptional opportunity to acquire a 8-unit apartment portfolio located in Albuquerque's strong workforce housing sector. The property features a well-balanced unit mix of 1-bedroom/1-bath , catering to consistent rental demand in a high-occupancy submarket. This asset offers immediate and stable cash flow, operating at an 9.91% 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

631 & 633 Mesilla St Se, Albuquerque
503 San Pedro Dr Se, Albuquerque
$195,000
2 Beds ⋅ 2 Baths
Nice Property, WITH POTENTIAL FOR MANY USES perfect for your clients looking into home office or live in and work situation. it was used as an office at one time but now is used as residential. MXL Legally Non Conforming Zoning, might be used for either residential or Commercial according to the Zoning and Planning department. Please have your client call them to confirm it. Property is in good condition but seller is selling ''As is'' and willing to do only Lender required repairs. Property is on a Month to Month Lease.

503 San Pedro Dr Se, Albuquerque
314 Wyoming Blvd Se, Albuquerque
$250,000
3 Beds ⋅ 2 Baths
2 lots, 3 structures, 1 awesome deal! AS IS! Seller will make no repairs. Buyer(s) to do their own due diligence regarding sq. footage. Utilities disconnected 3+ yrs ago. Seller not interested in selling separately at this time.

314 Wyoming Blvd Se, Albuquerque
613 Mesilla St Se, Albuquerque
$1,190,000
Exceptional opportunity to acquire a 14-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 7.70% 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.

613 Mesilla St Se, Albuquerque
538 Ortiz Dr Se, Albuquerque
$370,000
Great investment opportunity just 10 minutes from UNM and Nob Hill! This property features 2-bedroom, 1-bathroom units, individually metered for gas and electricity. Vacant units need some TLC, offering value-add potential to improve rental income and property value. Shares a courtyard with 540 Ortiz (MLS# 1112705 ), creating an excellent opportunity for a combined investment. Seller prefers to sell both properties together. Owner financing may be available. Please do not disturb tenants. Contact the listing agent for showing access.

538 Ortiz Dr Se, Albuquerque

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

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