USANMAlbuquerque609-641 Mesilla Street Se
609-641 Mesilla Street Se | Image 1
New
609-641 Mesilla Street Se | Image 2
609-641 Mesilla Street Se | Image 3
609-641 Mesilla Street Se | Image 4
609-641 Mesilla Street Se | Image 5
609-641 Mesilla Street Se | Image 6
609-641 Mesilla Street Se | Image 7

$4,989,000

For Sale

15 hours ago

609-641 Mesilla Street Se, Albuquerque, NM

House

MLS® 1110504

3 Bed

3 Bath

--

--

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $15,448
Days Active 2
Lot Size 0.31 Acres
Approx. Age 1984
MLS® Number 1110504

Property Address: 609-641 Mesilla Street Se, Albuquerque, NM, 87108

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional opportunity to acquire a 57-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 9, 41% 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 in come and reducing collection risk. The property has been well maintained by hands-on local owner who has taken pride in managementand up keep, resulting in solid operations and tenant stability. Investment Highlights: 57 total units (1BR/1BA & 2BR/1BA mix) Strong cap rate with in-place income. Voucher-backed tenants providing consistent revenue. Well-maintained asset with pride of ownershipLocated in a high-demand workforce housing area. This is a rare opportunity to acquire a cash-flowing multifamily asset with scale, stability, and flexibility in Albuquerque.
MLS® Number1110504
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1984
Basement
Driveway
Garage Spaces
HeatWall Furnace
A/CEvaporative Cooling

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 5, 2026List Date
$4,989,000List Price
  • Commute

Commute

Starting Address
Destination Address
609-641 Mesilla Street Se, Albuquerque, NM

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
TW

Listing Agent

Trey W. Whaley

[email protected]
(505) 269-1824

Listing Agent

Karen Eugenia Amaro

[email protected]
(505) 415-0941
Loading...

Similar Listings

Comparable Properties

Explore eXpFind an AgentJoin eXpInvestor RelationsCompany CareersHome Guides
eXp LifeZoocasaSUCCESS®SUCCESS® LendingeXp RevenoseXp CommercialeXp LuxuryeXp Land and RanchAccessibility
Terms and ConditionsPrivacy Rights RequestPrivacy PolicyCookie PolicyBrand GuidelinesSitemap

2219 Rimland Drive, Suite 301, Bellingham, Washington, 98226

1 833-303-0610

[email protected]

eXp REALTY

© 2024 eXp Realty. eXp World Holdings, Inc. All Rights Reserved.

DMCA Notice

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply

Fair Housing and Reasonable Accommodations

MLS Compliance Statements

Karen Richards - Designated Managing Broker, Broker Operations - TX

Texas Real Estate Commission information about brokerage services

Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations.The Fair Housing Notice →

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H.Learn More →

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny - Designated Broker

eXp Realty of Southern California, Inc. | CA DRE#01325837 | Jason Crawford – Designated Broker

eXp Realty of Greater Los Angeles, Inc. | CA DRE# 01240990 | Mike Mendibles - Designated Broker

eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas - Designated Broker

© 2026 eXp Realty. eXp World Holdings, Inc. All Rights Reserved