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Homes Under $200K in Albuquerque

Find affordable homes under $200,000 in Albuquerque, New Mexico. These budget-friendly properties offer great value for first-time buyers, investors, and anyone looking for an affordable entry into the market.

Showing 69 listings in Albuquerque. Want to refine your search? Use our Advanced Home Search to filter by price, bedrooms, features, and more.

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CALLING ALL INVESTORS!!!!Maximize your margins with this high-potential fixer-upper. Ideally priced for a fix-and-flip or a value-add rental, this home offers the creative footprint needed to build something spectacular. At this price point, there is ample room for profit. Book your private showing now.

2
BEDS
1
BATHS
1,301
SQFT
0.17
ACRES

Welcome to this beautifully well-maintained 2-bedroom, 1-bath condo in desirable Colonial Park! Tucked at the end of a quiet cul-de-sac, this move-in-ready unit offers comfort and convenience. Features include a stylish updated kitchen with stainless steel appliances and a stackable washer and dryer. Enjoy off-street parking and a peaceful setting just steps from Montgomery Park and the public library. Ideal for first-time buyers or investors with immediate income potential, a long-term tenant paying market rent is open to extending the lease. Full-service HOA covers water, sewer, trash, exterior maintenance, roof, and more. Close to schools, dining, and shopping!

2
BEDS
1
BATHS
754
SQFT
0.02
ACRES

Excellent investment opportunity in a well-established neighborhood.

3
BEDS
1
BATHS
1,014
SQFT
0.14
ACRES

This is a MUST SEE! 2 bedroom fully remodeled home! Bright new vinyl Low- E windows. New kitchen cabinets with granite countertops! Stainless steel appliances! Home has new interior doors and hardware. Bathrooms have been remodeled. Panels were removed and sheet rock was installed plus old exterior siding was remodeled and new siding was installed. Tankless water heater! New paint and LVP flooring. Home sits in the Albuquerque Meadows over 55 living community. Incredible amenities at the community center. Come see what they offer! All residents intending to purchase must be 55+ and meet a minimum of 650 credit score. Buyer must complete and be application and be approved through Albuquerque Meadows. Park rent is $1030/month plus utilities at $45 base price + usage

2
BEDS
2
BATHS
1,120
SQFT

Expanded Single Wide on owned lot. 4 bedrooms, 2 bathrooms, spacious living room, kitchen, and added dining room, plus a bonus sunroom (not heated and not added to square footage). Carport and fenced back and side yards. Owner Financing Considered

4
BEDS
2
BATHS
1,310
SQFT
0.14
ACRES

This modern 2022 triplex has four bedrooms, two full bathrooms and an open floor plan. The modern kitchen is spacious & has plenty of room for you to cook up your delights. The neighborhood is peaceful and has 24 hour security. The property is Located in the Four Hills mobile Home park near the foothills. Your can enjoy biking or walking on private streets, and other indoor and outdoor amenities and activities. Social activities are a highlight for residents, for seniors as well as families. And what a luxury to be able to drive up and park right next to your home under the carport avoiding the hassle of a community parking lot. So come live the peaceful life in this Beautiful Home.

4
BEDS
2
BATHS
1,805
SQFT
0.18
ACRES

Welcome to this clean, beautiful, well-maintained manufactured home located in the highly desirable Tierra West community! This spacious home features 4 bedrooms and 2 full bathrooms, with generously sized bedrooms and two large living areas; perfect for both relaxing and entertaining. Enjoy year-round comfort with refrigerated air and a layout that is truly move-in ready.This home is packed with value, featuring all appliances, including a washer and dryer, ceiling fans throughout, plus a garbage disposal for added convenience. You'll also find 2 storage sheds and a large safe that will convey with the property. Recently updated with new blinds, modern light fixtures, and a smart thermostat, this home offers comfort and contemporary touches throughout.

4
BEDS
2
BATHS
2,016
SQFT

Beautifully remodeled 3 bed, 2 bath double wide mobile home in the NW Valley. This home offers a fresh, modern feel with extensive updates throughout, including new roof in 2024, flooring, walls, interior paint, and fully renovated kitchen and bathrooms with updated finishes and fixtures. The spacious main bedroom includes a large en suite bathroom. Open living areas provide a functional layout with abundant natural light. Convenient location with easy access to shopping, dining, and major roads. LEASED LAND ensures a low maintenance lifestyle. Refrigerator, washer, and dryer do not convey. Seller will replace refrigerator with a standard used unit.

3
BEDS
2
BATHS
1,640
SQFT

This 2-bedroom, 2-bath mobile home is located in Hacienda del Sol Mobile Home Park. It offers comfortable living space with a functional layout. Perfect for those looking for an affordable and convenient home in a friendly community. Close to local amenities and easy to show. Great opportunity to own in a welcoming park. Schedule your showing today! Investors welcome! **Up to 1% toward closing costs when Prefered lender used ** Owner financing possible with 20k down. Call for details

2
BEDS
2
BATHS

Investor special with tons of potential! This 3-bedroom, 1-bath corner lot home is ready for a complete remodel-perfect for buyers looking to create their own vision or add value. Conveniently located near shopping, dining, and just minutes from Kirtland Air Force Base, this property offers a great opportunity in a desirable area. Bring your ideas and make this home shine!

3
BEDS
1
BATHS
750
SQFT
0.16
ACRES

Welcome to this updated manufactured home for sale featuring a remodeled kitchen, modern countertops, remodeled master bathroom and new stylish flooring throughout. This move in ready home offers fresh interior and exterior paint, updated energy-efficient windows, and a bright, open living space perfect for comfortable everyday living. Situated on a spacious lot with yard access, this property provides extra parking, or room for storage and outdoor living. Enjoy a combination of modern upgrades, functional layout, and great curb appeal. Don't delay, schedule your showing today!

3
BEDS
2
BATHS
1,067
SQFT
0.14
ACRES

Charming ground-floor 2-bedroom, 2-bath condo located adjacent to Desert Greens Golf Course, with convenient access to the clubhouse and restaurant. This well-maintained home features an open layout with all solid surface flooring--no carpet--and all appliances included for easy living. Enjoy a spacious and private covered back patio perfect for relaxing. Additional highlights include covered parking with a private storage unit and ample guest parking. HOA covers water and trash and maintains the HVAC, water heater, roof and grounds. Owners pay electricity only. Ideally situated and truly lovely! Welcome home!

2
BEDS
2
BATHS
976
SQFT

Home As-IsLivable conditionUnder market value

2
BEDS
1
BATHS
874
SQFT
0.16
ACRES

A great investment opportunity located close to UNM, the airport, the base and the golf course. Could be a great rental or flip. Huge lot with multifamily zoning. Come and turn this into a great property with your own touch. Build sweat equity. 3rd party sites show higher estimates since it is a great area. Great value add opportunity, solid wood floors with a garage that could be a 3rd bedroom. Come view today,

2
BEDS
1
BATHS
860
SQFT
0.16
ACRES

OWNER FINANCING POSSIBLE/TENANT OCCUPIED! Wow! 3rd floor loft with high ceilings, close to downtown living, UNM, hospitals, Rail Runner and much more!! With a tenant already in place, this loft is already generating a cash flow. Enjoy coffee or wine in the courtyard with its beautiful fountain playing its soft music. Large hallways make for a wide-open comfortable feel and with the lockers that come with the loft, there is additional storage space. You really must see this unit to appreciate the charm, character, uniqueness and functionality. This is a great unit and priced to sell for a condo/loft downtown! Did I say Owner Financing?

1
BATHS
498
SQFT

Stunning 2/3 bedroom home in desirable SE Heights. This beautiful single story Silver Crest home is move in ready. Beautifully designed and staged to show its ample space. Good sized kitchen stainless steel appliances, open light and bright lots of drawers and cabinets plus pantry. Enjoy a study / office or 3rd bedroom possibility. Owners suite with walk in shower. Extra storage thru out home. This is a fantastic affordable home in Four Hills MH Park. The community offers pool, Tennis courts (RV storage available for extra fee with park). So many possibilities make this a must see today...

3
BEDS
2
BATHS
1,100
SQFT

This beautifully maintained manufactured home in the desirable Tierra West neighborhood is move-in ready and full of value. Featuring a tastefully updated kitchen, newer flooring, and fresh interior paint, the home offers a modern feel while maintaining a warm and inviting atmosphere. Pride of ownership is evident throughout, with consistent upkeep and attention to detail.

3
BEDS
2
BATHS
1,216
SQFT

Fully Furnished! Secure In-Building Parking Spot! Welcome to this beautifully updated condo on Central in the heart of downtown Albuquerque. This modern home features an open, airy layout with stylish finishes and large windows that fill the space with natural light. Step onto your private balcony and enjoy city views--perfect for morning coffee or relaxing evenings.The condo comes fully furnished, making it completely move-in ready or ideal for a turnkey rental. A secure parking space inside the building, a highly sought-after amenity downtown, adds everyday convenience. Located just steps from Albuquerque's best restaurants, shopping, entertainment, and nightlife, this condo offers the best of vibrant city living.

1
BATHS
670
SQFT

Pride of ownership shines throughout this super clean and well maintained 3 bed 2 bath home on a corner lot in the quiet neighborhood of Four Hills Mobile Home Park. Wood laminate flooring, stainless steel appliances, washer and dryer included. Amenities include 3 pools, 4 playgrounds, community center, clubhouse, tennis and basketball courts. IPS security patrol. Potential buyers must apply and be approved with village management prior to purchase. Lot rent is $645/monthly.

3
BEDS
2
BATHS
896
SQFT

Looking for a home that comes partially furnished, look no further! Save on money and move right in. This stunning brand new 2023 Cavco home combines contemporary design with thoughtful elegance, offering the perfect blend of comfort and style. Step inside to an open-concept kitchen and living area designed for both everyday living and entertaining. The kitchen serves as the heart of the home, seamlessly connecting to the living area ideal for hosting gatherings or quiet evenings in. A covered porch invites you to relax with your morning coffee and evening sunset. Residents enjoy community pools perfect for cooling off during warm desert days and tennis courts for active fun! Private 24 hour security and utilities covered by community. Come see this home today!

3
BEDS
2
BATHS
1,397
SQFT

Welcome Home.. 3-bedroom townhome with a functional layout featuring a main-level primary bedroom and full bathroom. Brick flooring on the main level adds character, while updated laminate flooring upstairs provides a clean, cohesive look. Recent improvements include a water heater (2024), interior paint (2025), and newly installed furnace (2026). No carpet. No HOA, no PID, and no land lease. Convenient location with easy access to shopping, dining, and everyday amenities.

3
BEDS
1
BATHS
980
SQFT
0.05
ACRES

Condo in gated community with a Balcony. Comfortable floorplan and inviting appeal. This lovely 2 bedroom 1 bathroom condo located in the Hillcrest Park Condominiums. Amenities at Hillcrest Park include Security, clubhouse, Large pool, hot tub, sauna, workout room, playground, and laundry facility. Owner Broker! HOA pays all utilities except electric. Schedule a viewing today!

2
BEDS
1
BATHS
934
SQFT
0.22
ACRES

2
BEDS
2
BATHS
1,440
SQFT
0.15
ACRES

Welcome to this beautifully updated one bedroom one bath condo that combines modern stylewith easy living. The amazing kitchen has been thoughtfully upgraded with contemporaryfinishes, creating a space that's both functional and inviting. Situated in a gated community,residents enjoy a pool, fitness center, and a clubhouse. The HOA adds even more value bycovering some utilities, making this home perfect for those seeking comfort, convenience andlow-maintenance living.

1
BEDS
1
BATHS
751
SQFT

2
BEDS
1
BATHS
675
SQFT
0.16
ACRES
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

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