505 Mesilla Street
Albuquerque, NM 87108
6
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. 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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 3 -
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: 1960 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: 6752Property Information
Subdivision: Mann Add Source Property Type: Residential Income Postal Code Plus 4: 3423 Zoning Description: R-2 Property SubType: Triplex Levels: One Property Age: 66
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Listing Price Information
Listing Price: $280000 Cash, Conventional
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Tax Information
Parcel Number: 101905608745221211 Annual Tax: $1477
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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. Do not disturb tenants
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 |
| 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 |
| 501 Mesilla Street, Albuquerque, NM, 87108 | $280,000 | 4 | 3 | -- | |
| 635 Mesilla Street, Albuquerque, NM, 87108 | $798,456 | 8 | 8 | 2,688 | 2,688 SqFt |
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ByOwner last updated this listing 06/16/2026 @ 03:46
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