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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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A ''casa in the sky'' at Alcalde, ABQ's landmark contemporary high-rise next to the Country Club! Vertical mid-century modern living at its finest; 1 of just 29 units in the building. Seamlessly blending vintage charm w/modern aesthetic & a color palette in the soothing blue-gray spectrum. Living room opens to deep balcony w/original tile floor + City & Mtn views. Kitchen w/''Juliet'' balcony + black granite counters & original cabinets. Concrete floors throughout keep the vibe sleek & cool. High end custom blinds. Spacious bedroom with great storage. Full bath strikes a ''Scandinavian'' note w/wood door & vanity. Study/office could be 2nd bedroom. Refrig AC, stacked W/D, elevator service, community pool & covered parking. Enjoy life ''above it all'' in an outstanding Downtown location!

1
BEDS
1
BATHS
1,179
SQFT
$319,900
-20,000$ 03/15

This is a short sale subject to 3rd party approval. The home is being sold as-is, where is a condition with no warranties expressed or implied. Inspections are for informational purposes only. Buyer will be responsible for all FHA, VA or lender repairs needed for financing, if required. Please note that if the town requires a certificate of occupancy, this will be the buyer's responsibility. All contracts must have wet signatures (Bank(s) will not accept digital signatures) ** NOTE Buyer is responsible for signing all applicable short sale negotiator disclosures - Documents are uploaded into the disclosure section.Welcome home to this beautifully updated property featuring an open-concept layout and modern finishes throughout.

4
BEDS
3
BATHS
1,680
SQFT
0.16
ACRES

Discover this charming residential property located in the sought-after Taylor Ranch area. Featuring an open floor plan, the expansive living room provides an inviting space that flows effortlessly into the covered porch, perfect for outdoor relaxation. Skylights brighten the home with natural light, enhancing its warm ambiance. Additionally, the walk-in shower in the bath adds a touch of convenience and comfort. The additional bedrooms are well-sized and versatile, perfect for family, guests, or a home office. The home includes a full bathroom plus an additional three-quarter bath, designed for functionality and ease.Surrounded by a tranquil neighborhood, this home offers a wonderful retreat while remaining close to local amenities. Great home!!

3
BEDS
2
BATHS
1,902
SQFT
0.14
ACRES

Single-family home with detached casita in a prime UNM/Nob Hill location. The main home offers 2 bedrooms & 1 bath with wood floors, newer PEX water line from meter to main house. Complete gas line rebuilt with newer gas meter, water heater, toilet, evaporative cooler. Well maintained including parapets & roof. French doors offer access from the primary bdrm to the covered Portal. The detached studio casita includes 1 bath, newer wall furnace, water heater, full tile tub surround, newer carpet & vinyl, & dual-flush toilet. Gas & electric are separately metered. Recent PVC sewer line with clean-outs from casita to main house. Alley access with ample parking for casita, plus driveway parking for main home. Great owner-occupant or investment opportunity. Make plans to see this great property

3
BEDS
2
BATHS
1,288
SQFT
0.2
ACRES

Located on a peaceful street, this charming home welcomes you with a bright, open-concept floor plan that seamlessly blends the spacious living room with the heart-of-the-home kitchen. The kitchen boasts a gas stove, generous center island perfect for gathering or meal prep, and ample pantry storage. The thoughtful layout includes three well-sized bedrooms, with the primary suite offering a true retreat: a large walk-in closet and an ensuite bath featuring a dual-sink vanity, relaxing garden tub, and separate shower. Step outside to a low-maintenance backyard designed for easy living and enjoyment! Short distance from the neighborhood park, shopping, dining, and the freeway for effortless commuting.

3
BEDS
2
BATHS
1,587
SQFT
0.13
ACRES

Welcome to 8100 Hannett Ave NE--an Uptown property offering space, style, & versatility. Updates include windows in the living areas, stucco, a TPO roof, water heater, & a new freestanding gas range. Inside, enjoy updated flooring, paint, & lighting throughout. The remodeled kitchen features white & gray cabinetry with butcher block countertops & ample workspace. The converted garage provides flexible space ideal for a home office, gym, hobby room, or additional living area. Bedrooms offer vinyl flooring & blinds, while bathrooms include an updated vanity & updated toilets. The property includes a carport, oversized driveway, & a spacious backyard with a covered porch for everyday use or entertaining. Conveniently located near Uptown, shopping, dining, parks, hospitals, & access to I-40.

3
BEDS
2
BATHS
1,906
SQFT
0.15
ACRES

NE Heights Albuquerque home across from Montgomery Park with park views--now price reduced. Seller offers up to $5,000 toward buyer closing costs with acceptable offer. Bright single-story floor plan features a spacious living room with large picture window, formal dining area, laminate flooring in bedrooms, solid wood doors, ceiling fans, and new dishwasher. Kitchen offers ample cabinet space and functionality for everyday living. Situated on a corner lot with mature landscaping and certified Backyard Refuge. Backyard provides space for outdoor enjoyment and relaxation. Washer, dryer, refrigerator, and deep freezer convey.

4
BEDS
2
BATHS
1,711
SQFT
0.24
ACRES

Here's a rare opportunity! Lovely well-maintained townhouse with 2 ensuite bedrooms upstairs, each with a balcony. Freshly painted, new carpet, Green construction, tankless water heater, refrigerated air. Sawmill Market, OldTown, Albuquerque Museum of Art, Explora, Natural History Museum - all nearby, as well as the future ABQ Rail Trail. Schedule your showing today!

2
BEDS
3
BATHS
1,389
SQFT
0.04
ACRES

This desirable neighborhood is surrounded by all the amenities! Shopping, restaurants, parks and more! Four bedrooms, two bathrooms, and easy to maintain landscaping. One bedroom is upfront and could be an office, craft, homeschool, etc. NO Carpet!The community also has a park & pool within walking distance.

4
BEDS
2
BATHS
1,606
SQFT
0.13
ACRES

Welcome to your charming, beautiful townhouse located in the heart of the city. This property offers a perfect blend of comfort and modern amenities. Featuring a stunning fireplace, perfect for those chilly New Mexico evenings. Solar-powered home with assumable lease at. Consistent low utility costs and excellent summer performance. The well-equipped kitchen features updated appliances, ample counter space, and plenty of cabinetry for storage. Step outside to a private backyard ideal for unwinding after a long day. Conveniently situated near parks, schools, shopping, and dining options. Enjoy easy access to main roads and public transportation. Don't miss the opportunity to make this charming home yours! Schedule a viewing today!

2
BEDS
2
BATHS
1,640
SQFT
0.13
ACRES

Located in desirable Ventana Ranch, this spacious 4-bedroom, 2-bath home offers a bright open floor plan with elevated ceilings and a welcoming fireplace as the focal point of the living area. The kitchen and living spaces flow seamlessly, perfect for everyday living and entertaining. The 2-car garage includes convenient extra space on one side for added storage. Enjoy outdoor living under the covered patio, ideal for relaxing or hosting guests. A brand-new roof installed in 2024 adds peace of mind. Close to parks, trails, shopping, and dining--this home combines comfort, functionality, and location. Staged pictures are AI.

4
BEDS
2
BATHS
1,609
SQFT
0.13
ACRES

This 4-bedroom, 2-bath home is a true fixer-upper with incredible potential for the right buyer. Featuring a classic kiva fireplace, the property offers a warm focal point and a glimpse of the charm that can be brought back to life with the right vision. With a spacious layout and multiple bedrooms, there is plenty of room to reimagine the space and customize it to fit your style or investment goals. Whether you are an investor, renovator, or buyer looking to create a personalized home, this property provides a great opportunity to add value and build equity. Bring your ideas and creativity to transform this home into something truly special.

4
BEDS
2
BATHS
2,313
SQFT
0.2
ACRES

Park your RV park your boat no HOA corner lot backyard access! This exceptional property is waiting for you. This Home is located in a quiet peaceful neighborhood on Albuquerque's west side. This neighborhood is a little slice of heaven. Every neighbor has so much pride in their properties... has Corner lot no HOA side yard access park a boat or recreational vehicle on your property! This property offers numerous recent upgrades, including a new TPO roof (2024) and a newly converted central air conditioning system (2024) for year-round comfort. Interior improvements completed between 2023-2024 feature renovated bathrooms, updated flooring and carpet a refreshed kitchen with granite countertops, and modern bathroom vanities. Enjoy additional living space in the 350 sq ft heated sunroom.

3
BEDS
2
BATHS
2,010
SQFT
0.15
ACRES

Welcome to 6139 Bisbee Place NW, a well-situated home in Albuquerque's desirable Northwest area. This property offers a blend of comfort, privacy, and convenience, all within close proximity to shopping, dining, parks, and major commuter routes.The home features a functional floor plan with inviting living spaces designed for both everyday living and entertaining. Natural light fills the interior, creating a warm and welcoming atmosphere throughout. The kitchen provides ample cabinet and counter space and flows easily into the main living areas, making it ideal for gatherings or quiet evenings at home.

3
BEDS
2
BATHS
1,495
SQFT
0.14
ACRES
$335,000
-10,000$ 03/10

Come take a look at this incredibly well taken care home in the highly sought after gated community of La Scala! As you walk in you are immediately greeted with an open, modern feel with tons of natural light, and plenty of space to entertain. Kitchen features stainless steal appliances, plenty of storage space, and open to the dining area. Oversized primary bedroom suite features your own private view deck, and generous sized bathroom suite with walk in closet. The large backyard is perfect for pets & entertaining. Dont forget the view of the Sandia Mountains! Schedule a tour today to make sure you do not miss out.

3
BEDS
3
BATHS
1,749
SQFT
0.1
ACRES

Welcome to 1217 Kirby St NE, a home that exudes warmth and charm. The living room is graced with a cozy fireplace, perfect for those chilly evenings. The heart of the home, the kitchen, boasts a functional island, providing ample space for meal preparation. The kitchen's accent backsplash adds a touch of elegance, perfectly complementing the stainless steel appliances. Step outside to a covered patio, ideal for outdoor dining or relaxation. The fenced-in backyard ensures privacy and security. The home has undergone partial flooring replacement, enhancing its modern appeal. Fresh interior paint gives the home a clean, updated look. This property is a true gem, offering a blend of comfort and style. Don't miss out on this captivating home.. Included 100-Day Home Warranty with buyer activati

3
BEDS
2
BATHS
1,542
SQFT
0.2
ACRES

Fully remodeled and move-in ready, this detached 4-bedroom, 1.5-bath home is a must-see! Enjoy stunning new flooring, upgraded lighting, and modern electrical updates throughout. The chef's kitchen is a standout, featuring sparkling quartz countertops and brand-new stainless steel appliances. With large side yard access perfect for RV parking, this home offers both comfort and convenience. Don't miss the opportunity to make this beautifully updated property yours!

4
BEDS
2
BATHS
1,711
SQFT
0.18
ACRES

Welcome to this light and bright Raylee home in the desirable Terrazas Subdivision on Albuquerque's westside. Designed for everyday living and entertaining, the home features a professionally built sunroom with a newly installed mini-split system providing both heating and cooling, along with a large covered patio for year-round enjoyment. The flexible floor plan includes three good-sized bedrooms plus a loft ideal for a second living area, study, or media space. The spacious primary suite offers a jetted tub and separate shower. Additional highlights include a formal dining room, freshly painted interior, generous backyard with full landscaping and a putting green, an 8x14 Tuff Shed with electricity, and a quiet cul-de-sac location near a large green park.

3
BEDS
3
BATHS
2,200
SQFT
0.16
ACRES

Imagine living just moments from the heart of Nob Hill, where walkability, local dining, and neighborhood charm are part of everyday life. This inviting single-family home offers a warm, comfortable atmosphere and a layout designed for easy, functional living in one of Albuquerque's most desirable areas.The interior feels welcoming and practical, with spaces well suited for daily routines and relaxed gatherings. Natural light and a comfortable flow create an approachable, lived-in feel.Ideally located near UNM, schools, and major hospitals, the property also offers quick access to shopping, dining, and main roadways. Whether you are seeking a place to call home or a well-positioned investment, this property delivers flexibility, location, and lasting appeal.

2
BEDS
2
BATHS
890
SQFT

Experience the perfect blend of style and comfort in this spacious home with an open floorplan and soaring raised ceilings. A 2-car garage and inviting fireplace set the tone for warmth and sophistication. Tile, carpet, and laminate flooring flow gracefully throughout, connecting the modern kitchen with appliances to bright living and dining areas, while a convenient laundry room adds everyday ease. The ensuite bathroom is a private retreat, featuring a separate tub and shower, double vanity, and walk-in closet. Ceiling fans and refrigerated air ensure comfort year-round, and the walled backyard with firepit and covered patio offers an elegant setting for entertaining or relaxing under the stars. Thoughtful details and refined finishes make this home ready for you to call it your own.

3
BEDS
2
BATHS
1,774
SQFT
0.12
ACRES

Thoughfully designed and spacious home situated on a corner lot, offering strong curb appeal. Features a desirable open floor plan and comfortable living space. The home offers 3 generously sized bedrooms, 2.5 bathrooms, and a versatile loft that can serve as a home office, media room, or gym. Beautiful wood and tile flooring add warmth and elegance throughout, while the formal dining room provides an inviting space for hosting family gatherings and special occasions. Enjoy outdoor living in the fully walled backyard, offering privacy and ample space with possible backyard access. There is NO HOA, providing added flexibility and freedom. Conveniently located with easy access to I-40, this home combines comfort, style, and accessibility-an exceptional opportunity you won't want to miss!

3
BEDS
3
BATHS
1,934
SQFT
0.13
ACRES

Rare North Valley find with true flexibility. Located in a sought-after area, this modern Twilight Home offers a highly desirable layout with two true primary suites (one up, one down), 4 bedrooms total, a versatile loft, and living spaces on both levels--ideal for multigenerational living, guests, roommates, or work-from-home needs. The light-filled main level features an open kitchen with granite countertops, and gas range flowing seamlessly into dining and living areas. Walk-in closets in the primary suites add everyday comfort. Enjoy your private rear patio, landscaped front yard, and low-maintenance living. Set in the heart of the North Valley lifestyle with access to local cafes, markets, walking paths, and easy city connections.

4
BEDS
3
BATHS
2,059
SQFT
0.05
ACRES

BUILDER OFFER AMAZING FINANCING TERMS WITH IN HOUSE LENDER, DHI MORTGAGE, PLUS $5,000 TOWARDS CLOSING COSTS! ''The Sawyer'' by DR Horton. Stunning 4 bedroom, 2 bath and 2 car garage. Open great room and dining area invite's easy entertaining. Elegant kitchen with granite counter tops, kitchen island, Whirlpool appliances and spacious pantry. Ceramic tile floors in kitchen, dining and all wet areas. Primary bath with raised double vanity, ceramic tiled walk in shower and large walk in closet. Pitched roofs. Smart home with Amazon Alexa connect. Refrigerated air & low- e windows!

4
BEDS
2
BATHS
1,602
SQFT
0.1
ACRES

Amazing opportunity less than one mile from UNM! This versatile property features a 3-bedroom, 1-bath main home plus a separate studio apartment in the back. The studio is already tenant-occupied, making it an ideal investment opportunity with immediate income. Whether you choose to live in the main home while offsetting your mortgage or rent out both units, the possibilities are endless. A prime location with flexible options--perfect for investors or owner-occupants alike.

4
BEDS
2
BATHS
1,774
SQFT
0.16
ACRES

Welcome to this beautifully maintained 3-bedroom, 2-bathroom home offering 1,561 square feet of comfortable living space. Built in 2022, this residence still feels like new while featuring thoughtful details that add warmth and character.The open floor plan is perfect for everyday living and entertaining, highlighted by stylish modern finishes and elegant granite countertops. The kitchen comes equipped with stainless steel appliances, and the washer and dryer are included for added convenience. Designed with energy efficiency in mind, the home runs on solar, helping keep utility costs low. Both the front and backyard are fully landscaped, creating inviting outdoor spaces ready to enjoy. Don't miss out! Schedule your showing now!

3
BEDS
2
BATHS
1,561
SQFT
0.12
ACRES
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

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.