$1,144,491
Listed on Aug 1, 2026
9 bds · 7 ba · 6,896 sqft
609 Mesilla Street SE, Albuquerque, 87108
613 Mesilla Street SE
Albuquerque, NM 87108
$1,190,000
$186/SqFt
14
Beds
14
Baths
6,408
SqFt Home
2
Stories
1974
Year Built
12,371
SqFt Lot
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… Show more
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.
Property details for 613 Mesilla Street SE
Interior
Bedrooms Total:
14
Bathrooms Total:
14
Appliances:
Refrigerator
Flooring:
Carpet, Laminate, Tile, Vinyl
Exterior and lot
Lot Size Acres:
0.28
Lot Size:
12,371 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:
6,408 sqft
Year Built:
1974
Construction Materials:
Adobe
New Construction:
No
Levels:
Two
Number Of Units Total:
14
Stories:
2
Property Condition:
Resale
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
Listing and financial details
Listing Date:
June 20, 2026
Location
Directions: Gibson to southern to Mesilla
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613 Mesilla Street SE Albuquerque, NM 87108 listed as MLS #1105932.
This 14 bedroom 6,408 sqft Multi Family built in 1974
located in Emil Mann Add, Albuquerque NM 87108.
613 Mesilla Street SE is listed for $1,190,000 as MLS #1105932 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 613 Mesilla Street SE, Albuquerque, NM 87108
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Estimated Mortgage
$6,017/mo
Based on $238K down · 6.5% · 30yr