Home / Albuquerque / Southeast Heights / MLS #1103099
501 Mesilla Street SE

501 Mesilla Street SE

Albuquerque, NM 87108

$280,000
4 bd • 3 ba • 0.16 acres
1 Story
Stories
1963
Year Built
05/07/2026
Listing Date
1103099
Listing #
87108
Zip Code
Bernalillo
County

About This Property

This well maintained 3-unit investment property offers an excellent opportunity to own a centrally located income-producing asset with numerous recent capital improvements. Recent updates include a new roof, fascia, & evaporative cooler, completed appx 1.5 years ago, and new windows in units #B & #C, improving energy efficiency & tenant comfort. Several units feature tasteful remodeling & modern upgrades, including durable tile flooring, recessed lighting, steel security doors, and 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.

Interior

Bathrooms Total: 3
Flooring: Tile

Building And Construction

Property Type: Residential Income
Property Sub Type: Triplex
Property Sub Type Additional: Triplex
Year Built: 1963
Levels: One
Number Of Units Total: 3
Stories: 1
Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.16
Lot Size Square Feet: 6,970 sqft

Provisional

MLS #: 1103099
Listing Terms: Cash, Conventional
Number Of Buildings: 1
Owner Pays: Electricity, Gas, Sewer, Water
Total Actual Rent: 3619

Area And Schools

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

Utilities

Utilities: Electricity Available, Natural Gas Available
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
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Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM