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Street View
$535,000
Monthly Est:$2,663
1 Bed
1 Bath
3,300sqft
525 Mesilla St SE #1-6, Albuquerque, NM 87108
$535,000
$2,663/moEst:
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Multi Family
Built in 1950
$-- HOA
6,970 sqft lot
$162/sq.ft
Description
Turnkey, fully occupied 6-unit investment opportunity! This professionally renovated 6-plex features six updated 1BR/1BA units with modern kitchens, tiled showers, LVT flooring, and fresh finishes throughout. Recent capital improvements include new mechanical systems and commercial-grade centralized gas tankless water heaters, helping minimize future maintenance. Strong in-place cash flow with approximately 7.6% cap rate at the current list price and excellent rental history. Ideal for investors seeking a stabilized, low-maintenance asset with immediate income. Please do not walk the property or disturb tenants. Showings by appointment only.
- Houzeo last checked: 10 minutes ago
- Listing updated: September 2, 2026 at 8:28 pm
- Listing Provided by: Casa ABQ (505) 710-6918 | LPT Realty (877) 366-2213
- Source: Greater Albuquerque AOR (SWMLS) MLS-NM | MLS#: 1107989
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1950
HOA Fees
-
Finished Area
3,300 sqft
Lot Size
6,970 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1107989
MLS Status
Active
Days on Market
74
Cumulative Days on Market
37
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathroom: 1
Interior
Flooring
Tile
Heating
Baseboard
Appliances
Free Standing Electric Range, Refrigerator
Cooling
Evaporative Cooling
Construction
Year Built
Year Built: 1950
Home type
Multi Family
Property Condition
Resale
Construction Materials
Frame
Utilities & Energy
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Security Features
Complex Fenced, Security Gate
Other Features
Disclosures
Lead Based Paint Disclosure, Ranm2100disclosure
Subdivision Name
Emil Mann Add
Tenant Pays
None
Price History
| Date | Event | Price |
|---|---|---|
07/27/2026 Source: | Price Decreased | $544,500 -1.00% $165/sqft |
07/27/2026 Source: | Price Increased | $550,000 +2.80% $167/sqft |
07/27/2026 Source: | Price Decreased | $535,000 -0.93% $162/sqft |
07/27/2026 Source: | Listed for Sale | $540,000 $164/sqft |
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Based on information from the Greater Albuquerque Association of REALTORS® (alternatively, from the Southwest MLS) through Oct 10, 2026, 12:45PM. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by The Service. © 2026 Greater Albuquerque Association of REALTORS®. All Rights Reserved.
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