613 Mesilla St Se | Image 1
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613 Mesilla St Se | Image 2
613 Mesilla St Se | Image 3

$1,397,298

For Sale

2 days ago

613 Mesilla St Se, Albuquerque, NM

House

MLS® 1105932

14 Bed

14 Bath

6408 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 6408 sqft
Garage 
Taxes $8,042
Days Active 2
Lot Size 0.28 Acres
Approx. Age 1974
Avg. Price Per Sqft $218
MLS® Number 1105932

Property Address: 613 Mesilla St Se, Albuquerque, NM, 87108-3959

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

Description

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.
MLS® Number1105932
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1974
Basement
Driveway
Garage Spaces
HeatForced Air
A/CEvaporative Cooling

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 20, 2026List Date
$1,397,298List Price
  • Commute

Commute

Starting Address
Destination Address
613 Mesilla St Se, Albuquerque, NM

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