$1,190,000
Listed on Jun 20, 2026
14 bds · 14 ba · 6,408 sqft
613 Mesilla Street SE, Albuquerque, 87108
609 Mesilla Street SE
Albuquerque, NM 87108
$1,144,491
$166/SqFt
9
Beds
7
Baths
6,896
SqFt Home
2
Stories
1984
Year Built
13,504
SqFt Lot
About this property
Exceptional opportunity to acquire a 13-unit apartment portfolio located in Albuquerque's strong workforce housing sector. The property features a well-balanced unit mix of 1-bedroom/1-bath… Show more
Exceptional opportunity to acquire a 13-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 8.35% 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, resulting in solid operations and tenant stability
Property details for 609 Mesilla Street SE
Interior
Bedrooms Total:
9
Bathrooms Total:
7
Appliances:
Built-In Gas Range, Refrigerator
Flooring:
Carpet, Tile, Vinyl
Exterior and lot
Lot Size Acres:
0.31
Lot Size:
13,504 sqft
Exterior Features:
Landscaping
Building and construction
Property Type:
Residential Income
Property Sub Type:
Multi Family
Property Sub Type Additional:
Multi Family
Building Area Total:
6,896 sqft
Year Built:
1984
Construction Materials:
Stucco
New Construction:
No
Builder Name:
Unkown
Levels:
Two
Number Of Units Total:
13
Stories:
2
Property Condition:
Resale
Provisional
MLS #:
1108384
Listing Terms:
Cash, Conventional
Number Of Buildings:
1
Owner Pays:
Other, See Remarks
Tenant Pays:
Other, See Remarks
Total Actual Rent:
14608
Area and schools
Community Features:
Laundry Facilities
City:
Albuquerque
Postal Code:
87108
MLS Area Major:
Southeast Heights
County:
Bernalillo
Parcel Number:
101905608738320311
Utilities
Utilities:
Electricity Connected, Sewer Connected, Water Connected
Cooling:
Evaporative Cooling
Heating:
Wall Furnace
Heating (Y/N):
Yes
Listing and financial details
Listing Date:
August 1, 2026
More for this property
- For Sale $4,989,000 — MLS #1110504
Location
Directions: Take Exit 222A for Gibson Blvd.Head east on Gibson Blvd SE.Turn left (north) onto Broadway Blvd SE.Turn right (east) onto Mesilla St SE.Continue to 609 Mesilla St SE, which will be on your left.(Google maps)
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609 Mesilla Street SE Albuquerque, NM 87108 listed as MLS #1108384.
This 9 bedroom 6,896 sqft Multi Family built in 1984
located in Albuquerque NM 87108.
609 Mesilla Street SE is listed for $1,144,491 as MLS #1108384 courtesy of Trinity Apartment Company LLC Trey W. Whaley.
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-commercial use and may not be used for any purpose other than identifying properties
which consumers may be interested in purchasing.
Searches related to 609 Mesilla Street SE, Albuquerque, NM 87108
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Estimated Mortgage
$5,787/mo
Based on $229K down · 6.5% · 30yr