501-505 Mesilla Street
Albuquerque, NM 87108
10
Bed
6
Bath
0.16Acre(Lot)
This well maintained 6-unit investment property offers an excellent opportunity to own a centrally located income-producing asset with numerous recent capital improvements. Two sep. deeded triplexes. Recent updates include evaporative cooler, windows at 501 B & C, & 505 B, improving energy efficiency & tenant comfort. Several units feature tasteful remodeling & modern upgrades, including durable tile flooring, recessed lighting, & 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. Newer roof in past few years at 501, 505 in past apprx 7yr
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 10Bathroom Information
Total Baths: 6 -
Flooring Information
Tile -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Evaporative Cooling
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Building Information
Year Built: 1963 Stories: 1 Private Pool: No
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Lot Information
Lot Size Acres: 0.16 Lot Size Source: Public Records Lot Size Square Feet: 6970
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Listing Price Information
Listing Price: $560000 Cash, Conventional
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Tax Information
Parcel Number: 101905608745621223 Annual Tax: $2735.54
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Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected -
Location Information
Direction: East on Zuni from Louisiana, south on Mesilla to address
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 8600 Zuni Road, Albuquerque, NM, 87108 | $1,793,434 | 3 | 2 | 16,020 | 16,020 SqFt |
| 209 Texas Street, Albuquerque, NM, 87108 | $349,900 | 7 | 4 | 2,650 | 2,650 SqFt |
| 325 Tennessee Street, Albuquerque, NM, 87108 | $299,900 | 6 | 3 | 2,304 | 2,304 SqFt |
| 513 Utah Street, Albuquerque, NM, 87108 | $225,000 | 2 | 1 | 1,536 | 1,536 SqFt |
| 308 Charleston Street, Albuquerque, NM, 87108 | $399,000 | 4 | 4 | -- | |
| 119 Charleston Street, Albuquerque, NM, 87108 | $299,000 | 3 | 3 | 1,784 | 1,784 SqFt |
| 236 San Pablo Street, Albuquerque, NM, 87108 | $325,000 | 5 | 4 | 2,760 | 2,760 SqFt |
| 433 Mesilla & 437 (4 Lo.., Albuquerque, NM, 87108 | $2,323,232 | 3 | 2 | 14,688 | 14,688 SqFt |
| 633 Grove Street, Albuquerque, NM, 87108 | $250,000 | 2 | 2 | -- | |
| 636 San Pablo Street, Albuquerque, NM, 87108 | $245,499 | 2 | 2 | 1,242 | 1,242 SqFt |
Similar Multifamily To 501-505 Mesilla Street
Nearby For Sale
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ByOwner last updated this listing 08/19/2026 @ 20:34
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