- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
Street View
$444,272
Monthly Est:$2,211
2 Beds
4 Baths
2,218sqft
616 & 618 Mesilla St SE, Albuquerque, NM 87108
$444,272
$2,211/moEst:
Get Pre-Approved
Multi Family
Built in 1946
$-- HOA
13,504 sqft lot
$200/sq.ft
Description
Exceptional opportunity to acquire a 6-unit apartment portfolio located in Albuquerque's strong workforce housing sector. The property features a well-balanced unit mix of studios/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 8.74% caprate, 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, resulting in solid operations and tenant stability.
- Houzeo last checked: 5 minutes ago
- Listing updated: August 4, 2026 at 5:48 am
- Listing Provided by: Trey W. Whaley (505) 269-1824 DRE #REC20250899, Karen Eugenia Amaro (505) 415-0941 DRE #54977 | Trinity Apartment Company LLC (505) 622-3240
- Source: Greater Albuquerque AOR (SWMLS) MLS-NM | MLS#: 1108479
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1946
HOA Fees
-
Finished Area
2,218 sqft
Lot Size
13,504 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1108479
MLS Status
Active
Days on Market
91
Cumulative Days on Market
1
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 4
Interior
Flooring
Carpet, Laminate, Tile, Vinyl
Cooling
Evaporative Cooling, Ceiling Fans
Exterior Features
Landscaping
Interior Features
Ceiling Fans
Heating
Wall Furnace
Appliances
Built In Gas Range, Refrigerator
Construction
Year Built
Year Built: 1946
Home type
Multi Family
Property Condition
Resale
Construction Materials
Stucco
Utilities & Energy
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Other Features
Tenant Pays
Other, See Remarks
Disclosures
Lead Based Paint Disclosure, Principal Is Real Estate Licensed, Ranm2100disclosure
Price History
| Date | Event | Price |
|---|---|---|
08/03/2026 Source: | Listed for Sale | $444,272 $200/sqft |
Nearby Homes
Find Homes by Property Features in Albuquerque, NM
Based on information from the Greater Albuquerque Association of REALTORS® (alternatively, from the Southwest MLS) through Nov 04, 2026, 01:45AM. 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.
Advertising Broker: Jared Andrew English | Congress Realty, Inc
