613 Mesilla Street Se, Albuquerque, NM 87108

Albuquerque
Local realty services provided by:ERA Sellers & Buyers Real Estate
613 Mesilla Street Se,Albuquerque, NM 87108
$1,190,000
  • 14 Beds
  • 14 Baths
  • 6,408 sq. ft.
  • Multi-family
  • Active
Listed by: trey w. whaley
Office: trinity apartment company llc.
MLS#:1105932
Source:NM_SWMLS

Price summary

  • Price:$1,190,000
  • Price per sq. ft.:$185.71

About this home

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.

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Home facts

  • Year built:1974
  • Subdivision & Development:Emil Mann Add
  • Listing ID #:1105932
  • Added:48 day(s) ago
  • Updated:August 08, 2026 at 02:39 PM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:14
  • Flooring:Carpet, Laminate, Tile, Vinyl
  • Kitchen Description:Refrigerator
  • Living area:6,408 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Forced Air

Structure and exterior

  • Year built:1974
  • Building area:6,408 sq. ft.
  • Lot area:0.28 Acres
  • Construction Materials:Adobe
  • Exterior Features:Landscaping
  • Levels:2 Story

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,190,000
  • Price per sq. ft.:$185.71
  • Tax amount:$8,042

Features and amenities

  • Appliances:Refrigerator

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