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Price Drop: $4.5K (07/27) 
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Street View
$540,000
1 Bed
1 Bath
3,300sqft
525 Mesilla St Se #1-6, Albuquerque, NM 87108
$540,000
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Multi Family
Built in 1950
$-- HOA
6,970 sqft lot
$164/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: 47 minutes ago
- Listing updated: August 24, 2026 at 4:27 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
29
Cumulative Days on Market
28
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
