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501-505 Mesilla Street SE
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501-505 Mesilla Street SE
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501-505 Mesilla Street SE

Albuquerque, NM 87108

$560,000
10 bd • 6 ba • 0.16 acres
1 Story
Stories
1963
Year Built
08/17/2026
Listing Date
1109324
Listing #
87108
Zip Code
Bernalillo
County

About This Property

This well maintained 6-unit investment property offers an excellent opportunity to own a centrally located income-producing asset with numerous recent capital improvements. Two sep. deeded triplexes. Recent updates include evaporative cooler, windows at 501 B & C, & 505 B, improving energy efficiency & tenant comfort. Several units feature tasteful remodeling & modern upgrades, including durable tile flooring, recessed lighting, & 80% energy-efficient furnaces in select units. Functional floor plans & courtyard-style layout appeal to tenants seeking convenience & affordability. Whether you're expanding your investment portfolio or entering multifamily ownership, this property offers strong income potential with meaningful upgrades. Newer roof in past few years at 501, 505 in past apprx 7yr

Interior

Bathrooms Total: 6
Flooring: Tile

Exterior And Lot

Lot Size Acres: 0.16
Lot Size Square Feet: 6970

Building And Construction

Property Type: Residential Income
Property Sub Type: Multi Family
Property Sub Type Additional: Multi Family
Year Built: 1963
New Construction: No
Levels: One
Number Of Units Total: 6
Stories: 1
Property Condition: Resale

Provisional

MLS #: 1109324
Listing Terms: Cash, Conventional
Number Of Buildings: 2
Owner Pays: Electricity, Gas, Sewer, Water
Total Actual Rent: 6281

Area And Schools

City: Albuquerque
Postal Code: 87108
MLS Area Major: Southeast Heights
County: Bernalillo
Parcel Number: 101905608745621223

Utilities

Utilities: Electricity Connected, Natural Gas Connected
Cooling: Evaporative Cooling
Heating: Forced Air
Heating (Y/N): Yes

Location

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Directions: East on Zuni from Louisiana, south on Mesilla to address

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Listing courtesy of Real Broker, LLC
Southwest MLS Logo Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

(505) 521 8550