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Homes Under $400K in Albuquerque

Find affordable homes under $400,000 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.

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Two homes, one property! Great opportunity to be in the beautiful Old Town/Sawmill area. Unique opportunity with endless potential! This property features a primary residence ready for renovation--and a 1 bedroom casita ideal for guests, rental income, or multigenerational living. The main home is ~1430 sq ft, and the additional dwelling is ~805 sq ft. Buyer to verify all square footage. This property is being SOLD AS-IS, where is, no warranties expressed or implied. No repairs will be completed.

4
BEDS
2
BATHS
2,230
SQFT
0.3
ACRES

Amazing, remodeled home for sale in Nob Hill near Uptown and UNM Hospital. This home offers the perfect combination of a charming 1950s bungalow home complimented with modern amenities andupdates. Buyers will love the refinished original hardwood floors and cove ceilings, as well as the remodeled kitchen w/granite countertops. The primary bedroom has its own en-suite bath with barn-style doors. Refrigerated air w/Google Nest Thermostat, tankless water heater! Fabulous 350+ sq ft deck off of 3rd bedroom creates an outdoor living space. Numerous mechanical updates in 2018 including a new shingle roof, vinyl windows and sewer line. Stunning, professionally landscaped backyard (w/custom chicken coop)and 2 car garage with a NEMA/Lvl 2 EV outlet. Close to coffee shops, restaurants, and Rte 6

3
BEDS
2
BATHS
1,085
SQFT
0.16
ACRES

REDUCED! Rare find in a peaceful, established neighborhood! This cozy yet spacious home blends timeless 1950s character with thoughtful modern updates. The expanded primary suite offers a true retreat with beautiful finishes and added comfort. A versatile third bedroom features extensive built-ins and a picture window with stunning Sandia Mountain views--ideal for an office, library, or creative space. Enjoy the park-like backyard, perfect for entertaining or relaxing, complete with an above-ground swim spa. The large detached workshop provides endless possibilities for ADU (add plumbing),hobbies, projects, or storage. Plus, RV access with a dedicated pad adds rare convenience. A private sanctuary with space, charm, and flexibility--don't miss it!

2
BEDS
2
BATHS
1,479
SQFT
0.18
ACRES

Welcome to this Well-maintained 4-large bedrooms and walk in closets, 2.5-bath home with over 2,000 sq ft in Northwest Albuquerque. Master bedroom has views to to the Mountains. Features multiple living areas and an open kitchen with quartz countertops and a kitchen island. All bedrooms upstairs, including a spacious primary suite.Enjoy a paid-off solar system for low electric bills, newer HVAC.Front yard features a mature pomegranate tree; backyard has a cherry and apple tree and a covered patio with no back neighbors.Finished 2-car garage, Water softener loop, no HOA, and convenient access to schools, parks, and major roads .

4
BEDS
3
BATHS
2,017
SQFT
0.08
ACRES

Spacious and versatile two-story home featuring 3 bedrooms with option for a 4th and 3 bathrooms--ideal for growing households or flexible living. Enjoy a large living room plus an additional family room, offering plenty of space to relax or entertain. The functional layout adapts easily to your needs, whether for guests or a home office. A bright sunroom off the living area provides the perfect spot to enjoy natural light year-round. Front and back yards are landscaped with a low-maintenance, well-kept garden. Roof replaced approximately 2 years ago for added peace of mind. Conveniently located near shopping, dining, and schools. A great blend of space, comfort, and location.

3
BEDS
3
BATHS
2,040
SQFT
0.08
ACRES

Well maintained two story home in the gated Orchards community featuring thoughtful updates throughout. Roof and stucco were completed within the last five years, offering added value and peace of mind. The home offers an open and functional layout with abundant natural light, tile flooring on the main level, and new flooring upstairs. Kitchen includes like new appliances and ample storage. Spacious primary suite with remodeled bathroom. Large, beautifully landscaped backyard ideal for entertainment. Community amenities include a pool in a secure gated setting.

3
BEDS
3
BATHS
1,664
SQFT
0.14
ACRES

Welcome to this well-maintained 3-bedroom, 2-bathroom home with a 2-car garage, ideally located on Albuquerque's desirable Westside. Enjoy the convenience of being just minutes from Presbyterian Rust Medical Center, Cottonwood Mall, and Intel Corporation, with easy access to popular shopping, dining, and everyday essentials.Inside, you'll find a functional layout complemented by stainless steel kitchen appliances, perfect for both daily living and entertaining. Recent updates include a water heater installed in April 2026, adding peace of mind for the new owner. This home offers the perfect blend of comfort, location, and value--don't miss your opportunity to make it yours!

3
BEDS
2
BATHS
1,186
SQFT
0.09
ACRES

Welcome to this well-maintained, move-in ready home, roof replaced June 2026, fully fenced yard for privacy and security. With 3 spacious bedrooms, 2 bathrooms, and a separate room perfect for an office or additional bedroom, this property offers versatility and comfort for modern living. 3 Bedrooms & 2 Baths: Generous living space with updated finishes throughout. Solar Panels Additional room for office/bedroom Large Kitchen: Updated kitchen with plenty of counter space--ideal for cooking and entertaining. Updated Flooring

3
BEDS
2
BATHS
1,609
SQFT
0.11
ACRES

Charming gated property tucked on a spacious .22 acre lot, conveniently close to schools, parks, and the Uptown Business Center. This home offers 1,579sf with 3 bedrooms, 2 bathrooms, two spacious living areas, and a 2-car garage. Clerestory windows grace the front living space, allowing natural light to pour in. Updated kitchen featuring refreshed cabinetry, granite countertops, a farmhouse sink, stainless steel double oven, dishwasher, microwave, refrigerator, and a breakfast bar with seating. The spacious main living area invites you in with a cozy wood-burning fireplace framed by a beautiful brick surround. Owners suite with private bath! Side yard access! Seller is open to a real estate contract.

3
BEDS
2
BATHS
1,579
SQFT
0.22
ACRES

Large 4 bedrooms plus generous loft, and within boundaries of in-demand schools. Loft can be used as another living area, office, playroom, or just about any kind of room you need. Cozy up to fire in winter and be comfortable in summer with refrigerated air. No carpet! No carpet anywhere! Luxury wood vinyl plank flooring throughout. Home has been well cared for and is ready for YOU! Move right in without the homework and with all your belongings that fit in very spacious bedroom closets, and other closets throughout home. Convenient half bath is downstairs for guests & handy access. Laundry day is a breeze in large laundry service room downstairs. Enjoy amenities without all the work: 7 city parks to enjoy, community pool, clubhouse, city tennis courts, & tons of trails.

4
BEDS
3
BATHS
2,165
SQFT
0.11
ACRES
$307,000
-8,000$ 06/26

Move-in ready 2004-built home featuring 3 bedrooms and 2 bathrooms with a finished garage. Recently updated and ready for new homeowners, this home includes a new roof, water heater, and laminate flooring. Freshly painted interior with updated light fixtures and ceiling fans throughout. Front entrance features a wrought iron security door, with security bars on all windows.

3
BEDS
2
BATHS
1,504
SQFT
0.11
ACRES

Experience elevated living in the heart of ABQ's vibrant Nob Hill district. Inside, the interior features a bright open layout designed for comfort & flow. Lovely HDWD floors, upscale kitchen & baths, generous BR, & expansive windows frame sweeping, unobstructed mountain & city views. Natural light fills the space, creating warm & inviting rooms. The standout feature is an extraordinary private 700 sq. ft. terrace - deep, fully usable, with gorgeous views! The terrace functions as a true outdoor living space. This exceptional condo blends urban energy with rare private outdoor luxury, offering a lifestyle seldom found in the city. Located steps to fine dining, cafes, entertainment, UNM, UNMH, this property offers a perfect balance of walkable urban convenience & private retreat.

1
BEDS
2
BATHS
1,052
SQFT
0.85
ACRES

Ideal AirBnb potential! Updated (Adobe) Craftsman Style home for sale in Albuquerque's downtown historic area! No HOA or PID! This home features 2+ living areas (Family room can also be a bedroom with walk-in closet). The sunroom entryway adds lots of natural light with large windows and is a tranquil sitting area. Updates to the home include Roof Replacement March 2023 (TPO back half & shingle front half), Gas Furnace replaced March 2023, Electrical updates in 2025, newly painted, updated bathrooms with vessel sink, tiled shower, and more! This home also offers versatility with potential for adding a stove or fireplace in the dining area. The subfloor beneath the carpet, in front of the home, is original hardwood flooring. Only 0.5 miles from heart of downtown

4
BEDS
2
BATHS
1,551
SQFT
0.07
ACRES

Wonderful downtown home, completely renovated and positioned on a generous 0.24-acre lot offering space, style, and a prime location. Stylish wood-look laminate floors flow effortlessly throughout the main living areas. A spacious main living area perfect for everyday living. Enjoy a brand-new kitchen with sleek white cabinetry, beautiful granite countertops, stainless steel appliances, and fresh modern lighting throughout. Retreat to the updated owner's suite with brand-new carpet and a stylish en-suite bathroom, complete with a new vanity and a large tile-surround shower. Large yard with backyard access and a storage shed. New electrical service, hot water heater, paint, flooring and HVAC.

3
BEDS
2
BATHS
1,360
SQFT
0.24
ACRES

Charming 3-bedroom, 2-bathroom home located in the desirable Northeast Heights near Manzano High School. Conveniently situated close to schools, grocery stores, shopping, and dining. This home features wood-look tile flooring throughout, stainless steel appliances, granite countertops, and a spacious pantry. Enjoy the covered patio, and generously sized backyard, perfect for relaxing or entertaining.

3
BEDS
2
BATHS
1,402
SQFT
0.16
ACRES

Built in 2023 & priced at $305,000, this single-story feels brand new (because it basically is). Step inside to an open layout, light, bright & effortlessly connected. The kitchen shines w/ granite countertops & flows into the main living space, making it perfect for everyday life or hosting your people. Stay cool year-round w/ refrigerated A/C. The split floor plan gives the primary suite its own private retreat, exactly how it should be. The backyard is ready for your vision--create the space you've been dreaming of. Aspire brings the lifestyle: parks, walking paths, & beautifully maintained spaces all within a gated community. Low maintenance. High style. The kind of home that just makes sense!

3
BEDS
2
BATHS
1,293
SQFT
0.1
ACRES

Located in the Northeast Heights, this 4/5 bedroom, 3 bath home offers a functional layout and multiple living spaces. Perfect for multigenerational living! The home features two separate living area & new vinyl flooring. A heated flex room adds versatility and can serve as a potential 5th bedroom, office, or additional living space. Situated on the main street, the property offers convenient access to nearby shopping, dining, and everyday amenities. Located within Sandia High School district, this home combines space, updates and a central location.

4
BEDS
3
BATHS
2,229
SQFT
0.15
ACRES

Buyers financing fell though. All inspections have been completed and repairs have been made! A charming, secure front courtyard welcomes you in, while the west-facing exposure offers warm natural light and beautiful evening ambiance.Featuring 3 bedrooms, 2 baths, plus a versatile office/flex space or 4th bedroom. This home flows effortlessly with luxury vinyl flooring throughout. The open-concept kitchen shines with a large granite island, stainless appliances, granite countertops, perfect for entertaining.The primary suite offers a spa-like feel with an oversized terrazzo tile shower, double vanities, and upgraded wood closet shelving. To complete this beautiful home your backyard is FULLY landscaped with a covered patio, concrete, and beautiful turf!

3
BEDS
2
BATHS
1,654
SQFT
0.12
ACRES

Beautiful single story home in Downtown Albuquerque. this charming 2 bedroom 1 bath home with original hardwood floors is open light and bright.Seller has recently added tankless water heater, central / Refrigerated A/C. new windows and doors, new appliances, granite counter tops are just some of the updates. Livingroom is full of light and opens to large dining room. A bonus space not included in Sq footage is the full size attic perfect for office studio or tons of storage. The home additionally has back yard access with additional access thru ally. A large detached storage or studio is another bonus. The home is warm and inviting and a must see.

2
BEDS
1
BATHS
1,160
SQFT
0.16
ACRES

Located in a desirable gated community in Northwest Albuquerque, this home sits on a quiet cul-de-sac and offers a functional layout with comfortable living spaces and plenty of natural light. Features include well sized bedrooms, a spacious living area, and a kitchen with ample storage. The backyard provides space for outdoor enjoyment, entertaining, or future customization.

4
BEDS
3
BATHS
1,959
SQFT
0.11
ACRES

Welcome to this beautifully maintained 3-bedroom, 2-bathroom home offering 1,519 square feet of thoughtfully designed living space, located in a desirable new construction gated community. This home blends comfort, functionality, and modern convenience in a welcoming neighborhood setting, and features America's Smart Home technology for enhanced connectivity and everyday ease.Step inside to an open-concept floor plan filled with natural light, creating a bright and inviting environment for both everyday living and entertaining. The spacious kitchen features ample cabinetry and counter space, seamlessly flowing into the dining and living areas for easy gatherings and connection.The primary suite offers a private retreat complete with an ensuite bathroom and generous closet space.

3
BEDS
2
BATHS
1,519
SQFT
0.1
ACRES

Under Renovation- See it July 20th! Gorgeous 2 Bedroom, 2 Bath in SE corner. All set for your own design choices - old carpet is out! Walls have been opened from kitchen to great room. Custom kitchen pantry -2 columns floor-2-ceiling maple drawers -cooks delight! Balcony overlooks the swimming pool with views of Sandia Mountains and Downtown. Big amenities- 24Hr Courtesy Patrol at the front desk, multi camera monitoring the grounds and covered parking area. 24hr gym. Free Laundry. Morning exercise in hospitality room, Sound Baths, in-house artist open studio. Outdoor has rose garden, perogola, dining tables, grills & bike parking. Social Seniors! Learn about the weekly events in this Park Plaza Community and enjoy the Old Country Club neighborhood. Not just a Home - a Lifestyle!

2
BEDS
2
BATHS
1,067
SQFT

This lovely, energy-efficient home is perfectly located in the Nob Hill area, near UNM, hospital, grocery and 10 minutes to the airport. The paid-off solar (installed 2022), insulated TPO roof and stucco, two EV chargers (SolarWorks inside and a stub-out outside of the garage), and ductless mini-splits throughout for heating and cooling make this home perfect for the times. From the widened custom driveway, insulated west-facing garage and front door, the plaster finish of the walls in the living room, updated appliances, refinished original hardwood floors, and updated windows make this home move-in ready. The front and back yards feature mature water-wise landscaping, auto-drip systems, and elegant landscape lighting.

2
BEDS
1
BATHS
925
SQFT
0.15
ACRES

Escape the suburban squeeze without leaving the city! This well maintained 3-bed, 2-bath gem sits on a sprawling .73-acre corner lot, offering the privacy of the country with the convenience of town. Inside, enjoy a stunningly updated kitchen and a layout that reflects true pride of ownership. This lot is a hobbyist's dream, featuring a corner lot with RV access, room for shops, gardens, and toys. Get the acreage you crave with the city amenities you need!

3
BEDS
2
BATHS
1,472
SQFT
0.73
ACRES

Beautifully updated and move-in ready, this Northwest Albuquerque home offers a bright, open layout filled with natural light and comfortable living spaces designed for everyday ease. Recent updates include fresh two-tone interior paint, new carpet, and stylish LVP flooring throughout for a clean, modern feel. The kitchen features crisp finishes with brand-new stainless steel appliances, while both bathrooms have been thoughtfully updated.Offering 3 bedrooms and 2 baths, the layout provides flexible space for relaxing, working, or entertaining.Enjoy a highly convenient location with quick access to shopping, dining, entertainment, and outdoor recreation, including scenic trails, parks,and open natural spaces. This home balances everyday convenience with easy access to weekend adventures.

3
BEDS
2
BATHS
1,658
SQFT
0.13
ACRES
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

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