501 Mesilla Street
Albuquerque, NM 87108
4
Bed
3
Bath
0.16Acre(Lot)
This well maintained 3-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 units #B & #C, 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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 3 -
Flooring Information
Tile -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Evaporative Cooling
-
Building Information
Year Built: 1963 Stories: 1 Private Pool: No
-
Lot Information
Lot Size Acres: 0.16 Lot Size Source: Public Records Lot Size Square Feet: 6970
-
Listing Price Information
Listing Price: $280000 Cash, Conventional
-
Tax Information
Parcel Number: 101905608745621223 Annual Tax: $1258.54
-
Utility Information
Electricity Available, Natural Gas Available -
Location Information
Direction: East on Zuni from Louisiana, south on Mesilla to address
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
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 |
| 234 Texas Street, Albuquerque, NM, 87108 | $109,900 | 1 | 1 | 1,100 | 1,100 SqFt |
| 209 Texas Street, Albuquerque, NM, 87108 | $375,000 | 7 | 4 | 2,650 | 2,650 SqFt |
| 325 Tennessee Street, Albuquerque, NM, 87108 | $299,900 | 6 | 3 | 2,304 | 2,304 SqFt |
| 240 San Pablo Street, Albuquerque, NM, 87108 | $324,655 | 5 | 4 | 2,760 | 2,760 SqFt |
| 501-505 Mesilla Street, Albuquerque, NM, 87108 | $560,000 | 10 | 6 | -- | |
| 633 Grove Street, Albuquerque, NM, 87108 | $250,000 | 2 | 2 | -- | |
| 205 Mesilla Street, Albuquerque, NM, 87108 | $350,000 | 4 | 4 | 2,800 | 2,800 SqFt |
| 505 Mesilla Street, Albuquerque, NM, 87108 | $280,000 | 6 | 3 | -- | |
| 635 Mesilla Street, Albuquerque, NM, 87108 | $798,456 | 8 | 8 | 2,688 | 2,688 SqFt |
Similar Multifamily To 501 Mesilla Street
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Multiple Listing Service. 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Southwest Multiple Listing Service. All Rights Reserved.
ByOwner last updated this listing 06/16/2026 @ 17:51
More Cities with for Sale by Owner Homes
- Albuquerque Homes For Sale By Owner
- Corrales Homes For Sale By Owner
- Rio Rancho Homes For Sale By Owner
- Los Ranchos Homes For Sale By Owner
- Bernalillo Homes For Sale By Owner
- Placitas Homes For Sale By Owner
- Algodones Homes For Sale By Owner
- Cedar Crest Homes For Sale By Owner
- Sandia Park Homes For Sale By Owner
- Bosque Farms Homes For Sale By Owner
- Tijeras Homes For Sale By Owner
- Peralta Homes For Sale By Owner
- Edgewood Homes For Sale By Owner
- Los Lunas Homes For Sale By Owner
- Madrid Homes For Sale By Owner
- Cerrillos Homes For Sale By Owner
- Pena Blanca Homes For Sale By Owner
- Cochiti Lake Homes For Sale By Owner
- Moriarty Homes For Sale By Owner
- Rio Communities Homes For Sale By Owner
Homes around $280,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.