Albuquerque Homes Online
Albuquerque Homes Online
Home / Albuquerque / Southeast Heights / MLS #1108479
616 & 618 Mesilla Street SE
4 Photos
616 & 618 Mesilla Street SE
616 & 618 Mesilla Street SE
616 & 618 Mesilla Street SE
View Map

616 & 618 Mesilla Street SE

Albuquerque, NM 87108

$444,272
2 bd • 4 ba • 2,218 sqft • 0.31 acres
1 Story
Stories
$200
Per SQFT
1946
Year Built
08/03/2026
Listing Date
1108479
Listing #
87108
Zip Code

About This Property

Exceptional opportunity to acquire a 6-unit apartment portfolio located in Albuquerque's strong workforce housing sector. The property features a well-balanced unit mix of studios/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 8.74% caprate, 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.

Interior

Bathrooms Total: 4
Interior Features: Ceiling Fan(s)
Appliances: Built-In Gas Range, 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: 2,218 sqft
Year Built: 1946
Construction Materials: Stucco
Builder Name: Unkown
Levels: One
Number Of Units Total: 6
Stories: 1
Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.31
Lot Size Square Feet: 13,504 sqft
Exterior Features: Landscaping

Provisional

MLS #: 1108479
Listing Terms: Cash, Conventional
Number Of Buildings: 3
Owner Pays: Other, See Remarks
Tenant Pays: Other, See Remarks
Total Actual Rent: 5410

Area And Schools

City: Albuquerque
Postal Code: 87108
MLS Area Major: Southeast Heights
County: Bernalillo
Parcel Number: 101905610537120417

Utilities

Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling: Evaporative Cooling, Ceiling Fan(s)
Heating: Wall Furnace
Heating (Y/N): Yes

Location

Loading map...

Directions: Take Exit 222A for Gibson Blvd and head east.Continue on Gibson Blvd for about 1.5 miles.Turn right (south) onto San Mateo Blvd SE.Turn left (east) onto Avenida CA(c)sar Chavez SE.Turn right (south) onto Mesilla St SE.Continue south to 616 Mesilla St SE and 618 Mesilla St SE

Mortgage Calculator

$
$
%
Monthly Payment**:
** All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Browse Similar Homes in Albuquerque

Properties for Sale Similar to 616 & 618 Mesilla Street SE, Albuquerque, NM

4017 Thaxton Avenue SE, Albuquerque

$423,000

4 bds • 3 ba • 2,264 sqft

4017 Thaxton Avenue SE, Albuquerque, 87108
525 Valencia Drive SE, Albuquerque

$395,000

2 bds • 1 ba • 2,320 sqft

525 Valencia Drive SE, Albuquerque, 87108
1003 Carlisle Boulevard SE, Albuquerque 3d tour link

$483,995

4 bds • 3 ba • 2,156 sqft

1003 Carlisle Boulevard SE, Albuquerque, 87106
805 Ortiz Drive SE, Albuquerque

$391,000

4 bds • 4 ba • 2,574 sqft

805 Ortiz Drive SE, Albuquerque, 87108
3513 Crest Avenue SE, Albuquerque

$415,000

6 bds • 4 ba • 2,280 sqft

3513 Crest Avenue SE, Albuquerque, 87106
1920 Lead Avenue SE, Albuquerque

$546,500

3 bds • 4 ba • 2,038 sqft

1920 Lead Avenue SE, Albuquerque, 87106
119 Charleston Street SE, Albuquerque

$299,000

3 bds • 3 ba • 1,784 sqft

119 Charleston Street SE, Albuquerque, 87108
1033 Louisiana Boulevard SE, Albuquerque

$319,000

6 bds • 3 ba • 2,296 sqft

1033 Louisiana Boulevard SE, Albuquerque, 87108
650 Paisano Street NE, Albuquerque

$324,995

4 bds • 3 ba • 2,277 sqft

650 Paisano Street NE, Albuquerque, 87123
1005 Carlisle Boulevard SE, Albuquerque 3d tour link

$524,495

2 bds • 2 ba • 2,640 sqft

1005 Carlisle Boulevard SE, Albuquerque, 87106
816 Ortiz Drive SE, Albuquerque

$342,000

5 bds • 3 ba • 2,470 sqft

816 Ortiz Drive SE, Albuquerque, 87108
325 Tennessee Street NE, Albuquerque

$299,900

6 bds • 3 ba • 2,304 sqft

325 Tennessee Street NE, Albuquerque, 87108

New Homes for Sale in Albuquerque Area

View All
772 State Highway 165, Placitas

$2,200,000

4 bds • 5 ba • 5,674 sqft

772 State Highway 165, Placitas, 87043
1625 Bluffside Place NW, Albuquerque

$360,000

3 bds • 2 ba • 2,138 sqft

1625 Bluffside Place NW, Albuquerque, 87105
15 Mountain View Place, Edgewood

$419,000

3 bds • 2 ba • 1,708 sqft

15 Mountain View Place, Edgewood, 87015
71 Calle Loma Parda NW, Albuquerque

$240,000

3 bds • 2 ba • 1,393 sqft

71 Calle Loma Parda NW, Albuquerque, 87120
1312 Boatright Drive NE, Albuquerque

$250,000

2 bds • 1 ba • 984 sqft

1312 Boatright Drive NE, Albuquerque, 87112
8316 Dellwood Road NE, Albuquerque

$535,000

4 bds • 2 ba • 2,326 sqft

8316 Dellwood Road NE, Albuquerque, 87110
236 Anna Maria Place SW, Albuquerque

$620,000

3 bds • 3 ba • 2,546 sqft

236 Anna Maria Place SW, Albuquerque, 87105
13616 Deer Trail Place NE, Albuquerque

$995,000

3 bds • 3 ba • 4,453 sqft

13616 Deer Trail Place NE, Albuquerque, 87111
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