501-505 Mesilla Street Se, Albuquerque, NM 87108

Albuquerque
Local realty services provided by:ERA Sellers & Buyers Real Estate
501-505 Mesilla Street Se,Albuquerque, NM 87108
$560,000
  • 10 Beds
  • 6 Baths
  • 4,248 sq. ft.
  • Multi-family
  • Active
Listed by: isaiah johnson, nichole m. bronstorp
Office: coldwell banker legacy
MLS#:1110109
Source:NM_SWMLS

Price summary

  • Price:$560,000
  • Price per sq. ft.:$131.83

About this home

This well-maintained 6-unit multifamily investment property offers an excellent opportunity to acquire a centrally located, income-producing asset with significant recent capital improvements. The property consists of two separately deeded triplexes at 501 and 505, which are being sold together, providing a total of approximately 4,248 square feet across six residential units.The property features a desirable mix of two 1-bedroom/1-bath units and four 2-bedroom/1-bath units, with functional floor plans and a courtyard-style configuration that appeals to tenants seeking convenience and affordability.Ownership has completed numerous improvements throughout the property. Recent upgrades include evaporative cooling, replacement windows in 501 B & C and 505 B, remodeled interiors in select units, durable tile flooring, recessed lighting, and 80% energy-efficient furnaces in select units. Roofing improvements include an ISO roof at 501 completed within approximately the last two years and a...

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Home facts

  • Year built:1963
  • Listing ID #:1110109
  • Added:30 day(s) ago
  • Updated:September 30, 2026 at 02:32 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:6
  • Kitchen Description:Free Standing Electric Range
  • Living area:4,248 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Forced Air

Structure and exterior

  • Year built:1963
  • Building area:4,248 sq. ft.
  • Lot area:0.3 Acres
  • Exterior Features:Landscaping
  • Levels:1 Story

Utilities

  • Water:Community/Coop, Water Available, Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$560,000
  • Price per sq. ft.:$131.83
  • Tax amount:$2,736

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