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613 Mesilla Street SE
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613 Mesilla Street SE
613 Mesilla Street SE
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613 Mesilla Street SE

Albuquerque, NM 87108

$1,397,298
14 bd • 14 ba • 6,408 sqft • 0.28 acres
2 Story
Stories
$218
Per SQFT
1974
Year Built
06/20/2026
Listing Date
1105932
Listing #
87108
Zip Code

About This Property

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.

Interior

Bathrooms Total: 14
Appliances: Refrigerator
Flooring: Carpet, Laminate, Tile, Vinyl

Building And Construction

Property Type: Residential Income
Property Sub Type: Multi Family
Property Sub Type Additional: Multi Family
Building Area Total: 6,408 sqft
Year Built: 1974
Construction Materials: Adobe
Levels: Two
Number Of Units Total: 14
Stories: 2
Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.28
Lot Size Square Feet: 12,371 sqft
Exterior Features: Landscaping

Provisional

MLS #: 1105932
Listing Terms: Cash, Conventional, Owner May Carry
Number Of Buildings: 1
Tenant Pays: Other, See Remarks
Total Actual Rent: 15190

Area And Schools

Community Features: Deck/Porch, Storage Facilities
City: Albuquerque
Postal Code: 87108
MLS Area Major: Southeast Heights
Subdivision: Emil Mann Add
County: Bernalillo
Parcel Number: 101905608737420309

Utilities

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

Location

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Directions: Gibson to southern to Mesilla

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Listing courtesy of Trinity Apartment Company 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