Southeast Heights Real Estate in Albuquerque

513 Utah Street SE, Albuquerque

Income property or owner-occupant opportunity at a fantastic price point! This duplex features two well-designed units, each offering 2 bedrooms, 1 full bathroom. Each unit also includes off-street parking for up to two vehicles. Conveniently located near shopping, restaurants, schools, parks, and major commuter routes. These units are designed for efficient, low-maintenance ownership, featuring durable tile flooring throughout and separately metered gas and electric utilities to help streamline operating expenses. Each unit also includes in-unit laundry hookups, a highly desirable amenity that enhances tenant convenience and strengthens rental appeal.

6406 N Cochiti Road SE, Albuquerque

Please contact listing broker for additional details. Do not disturb tenants

636 San Pablo Street SE, Albuquerque

Excellent investment opportunity or ideal owner-occupant duplex! This well-maintained property features two 1-bedroom, 1-bath units, with one unit currently occupied and the other recently refreshed and move-in ready. The vacant unit offers new interior paint, 4-inch baseboards, a new bathroom vanity, new closet and bathroom doors, and rekeyable locks for easy tenant turnover. Additional updates include a newer roof, tile flooring, updated electrical and plumbing, new ranges, MasterCool air conditioners, wall heater, water heater, and a new 6-foot privacy fence. Ample off-street parking, a spacious backyard, and shared on-site laundry add to the appeal. A great opportunity to invest or live in one unit while generating rental income from the other!

538 Ortiz Drive SE, Albuquerque

Strong investment opportunity in a desirable rental corridor just a 10-minute drive to UNM and Nob Hill. This property features 2-bedroom, 1-bathroom units that are individually metered for gas and electric, helping support efficient tenant utility management. The property shares a courtyard with 540 Ortiz (MLS# 1106771), creating potential for a combined acquisition and stronger portfolio presence. The seller prefers to sell both properties together. Please do not disturb tenants. Showings are subject to an accepted offer.

540 Ortiz Drive SE, Albuquerque

Strong investment opportunity in a desirable rental corridor just a 10-minute drive to UNM and Nob Hill. This property features 2-bedroom, 1-bathroom units that are individually metered for gas and electric, helping support efficient tenant utility management. The property shares a courtyard with 538 Ortiz (MLS# 1106770) , creating potential for a combined acquisition and stronger portfolio presence. The seller prefers to sell both properties together. Please do not disturb tenants. Showings are subject to an accepted offer.

2051 Silver Dollar Street SE, Albuquerque

Open House Sunday, 9-13 from 1 to 3 PM. Better than new and barely lived in, this beautiful home offers peaceful views and exceptional privacy at the end of a quiet street on a private culdesac. Enjoy low-maintenance landscaping and a covered patio perfect for relaxing or entertaining. Inside, the open great room features granite countertops, stainless steel appliances, 20'' tile flooring, and wide-slat Levolor blinds for a modern, elegant feel. All appliances convey, including the washer, dryer, and owned water softener, plus the home is wired for an alarm system. Conveniently located near Sandia National Laboratories, KAFB, Costco, freeway access, scenic trails, a dog park, and a neighborhood park with a popular super slide! Move in ready in an exceptional neighborhood - this one has it all!

1100 Alvarado Drive SE APT 202, Albuquerque

Exceptionally clean condo on second floor complete with Refrigerator, dishwasher, overlooking the pool and common areas. This unit is in a gated secured community ,complete with a refreshing pool & well manicured lawn. It is completely fenced and has postal boxes on the premises & close to Kirtland Air Force base, VA hospital and plenty of restaurants and a nearby Walmart. HOA covers Water, Sewer, Refuse, Pool, Laundry Facilities, Rec Room, Common Area maintenance, Roof, & Insurance for outside of buidlings.

11509 Angelina Place NE, Albuquerque

Beautifully 4 bedroom 2 bathroom recently remodeled new kitchen cabinets, interior painting and exterior stucco , upgrade bathrooms with decorative ceramic tile. MUST SEE IT TO APPRECIATEOwner financing option

6913 Acoma Road SE, Albuquerque

Contact agent prior to scheduling a showing! Short sale - Priced for quick action and CASH OFFERS ONLY! Subject to full bank approval. Property Highlights: Spacious lot with room to customize or expand. This 3-bedroom, 2-bath single-family home 1303 Square feet on a 7,000 sq ft lot has a lot of potential for the right buyer or investor. Proof of funds required with offer and Sold ''As-Is''Serious cash buyers only - please contact me for more details, to schedule a showing, or to submit an offer. All offers will be presented to the lender for approval.

613 Mesilla Street SE, Albuquerque

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.

1805 Bold Ruler Road SE, Albuquerque

Welcome home to this spacious and beautifully designed seven-bedroom home offering room for everyone and everything. There are 2 primary suites, one up and one down. Large closets throughout & featuring three full bathrooms, two living areas, formal dining room and large well-appointed kitchen, this home is ideal for both everyday living and entertaining. The lush backyard is a private retreat filled with colorful flowers and the greenest grass you have ever seen. A charming gazebo, and an outdoor kitchen perfect for gatherings year-round. The 3 car garage provides ample storage & parking. Combing generous living spaces with exceptional outdoor amenities, this property offers comfort, functionality & endless possibilities.

433 Mesilla & 437 (4 lots) Street SE, Albuquerque

Historic OwnershipSince its original construction and development, the Four33/Four37 Apartments have had only a handful of owners.The owner with the longest period of stewardship and the original developer was Weldon ''Connie'' Alexander, who was the voice of the UNM Lobos for over a decade. Connie was a UNM athlete and inducted into the UNM Sports Hall of Fame in 2003. As a local lender, investor, landlord and community leader, he led the charge for the rebranding of this neighborhood to support Ta-Lin and the cultural diversity as the ''International District''.Measures of investment performance at the current asking price of $2,323,232 and with average rents of $755, include a low price per unit of $72,601, a price per square foot of $158, a GRM of 8.02, a cap rate of 6.33%, and

633 Espanola Street SE, Albuquerque

Come check out this beautiful home with a large backyard, open kitchen and plenty of possibilities. Priced to sell

408/412 Florida Street SE, Albuquerque

Two adjacent R-ML zoned multi-family lots totaling approximately 0.31 acres just off the SEC of Zuni Rd & Florida St in Albuquerque's SE Heights. R-ML zoning supports a range of multi-family development.Owner financing available. 20% down, 7.5% interest, 2-year term, amortization negotiable.

400/404 Florida Street SE, Albuquerque

Two adjacent MX-L zoned commercial lots totaling approximately 0.31 acres at the southeast corner of Zuni and Florida in Albuquerque's SE Heights. These lots offer full Zuni Road frontage and access along a commercial and residential corridor with strong daily traffic counts of roughly 13,680 vehicles per day.The MX-L (Mixed-Use Low Intensity) zoning opens the door to a wide range of development opportunities, including retail, service-related, and community-oriented uses. Owner financing available. 20% down, 7.5% interest, 2-year term, amortization negotiable.

8116 Kathryn Avenue SE, Albuquerque

**FHA Financing Available** Completely remodeled and move-in ready! This beautiful 3-bedroom, 1-bath home sits on an oversized lot with convenient backyard access, offering plenty of space for vehicles, toys, a workshop, or future possibilities. Fresh modern interior featuring new flooring and an updated kitchen with brand-new appliances. Major upgrades include a new roof (with 5yr warranty), new windows, updated electric and plumbing, and new HVAC system with refrigerated air for year-round comfort. Whether you're a first-time buyer, downsizing, or looking for a turnkey investment, this home combines quality updates, functionality, and value. Don't miss this opportunity to own a fully renovated home with room to grow!

633 Grove Street SE, Albuquerque

Excellent investment opportunity at 633 Grove St SE, Albuquerque, NM 87108. This remodeled duplex offers immediate income potential with tenants already in place, making it a turnkey addition to any investment portfolio. Both units have been updated to provide comfortable, modern living spaces while minimizing future maintenance concerns. Conveniently located near shopping, dining, schools, and major transportation routes, this property appeals to long-term renters and supports strong occupancy potential. Whether you're a seasoned investor or looking to expand your real estate holdings, this income-producing duplex delivers the combination of cash flow, updates, and location that investors seek. Don't miss this opportunity to own a fully leased, remodeled duplex in Albuquerque.

633 Grove Street SE, Albuquerque

Excellent investment opportunity at 633 Grove St SE, Albuquerque, NM 87108. This remodeled duplex offers immediate income potential with tenants already in place, making it a turnkey addition to any investment portfolio. Both units have been updated to provide comfortable, modern living spaces while minimizing future maintenance concerns. Conveniently located near shopping, dining, schools, and major transportation routes, this property appeals to long-term renters and supports strong occupancy potential. Whether you're a seasoned investor or looking to expand your real estate holdings, this income-producing duplex delivers the combination of cash flow, updates, and location that investors seek. Don't miss this opportunity to own a fully leased, remodeled duplex in Albuquerque.

635 & 637 Mesilla Street SE, Albuquerque

Exceptional opportunity to acquire a 8-unit apartment portfolio located in Albuquerque's strong workforce housing sector. The property features a unit mix of 1-bedroom/1-bath catering to consistent rental demand in a high-occupancy submarket. This asset offers immediate and stable cash flow, operating at an 7.37% 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.

8600 Zuni Road SE, Albuquerque

potential cap rate of 11.1%Residents enjoy a soft-gated community entry and parking right in front of their apartments. They also love the pragmatic floor plans, including open kitchens with lots of counter space, inviting bar tops, and a mix of contemporary and well-preserved mid-century modern tilework and fixtures. Over-sized full bathrooms boast expansive mid-century modern built-ins and tile work - including nearly 10 feet of counter, vanity space, and built-ins. Recent apartment upgrades include thermal windows, updated fixtures, fresh paint, and quality Luxury Vinyl Plank flooring throughout. Recent community updates include a large and accommodating community laundry room (with free machines for residents) and multiple quality, secured communal outdoor spaces.

11628 Terra Bonita Way SE, Albuquerque

PUEBLO-STYLE HOME WITH MODERN COMFORT, MOUNTAIN VIEWS & LOW-MAINTENANCE LIVING! This charming 3-bedroom home blends classic Southwest architecture with an open, light-filled floorplan designed for everyday living and entertaining. Spacious living and dining area flow into the well-appointed kitchen, while the generous primary suite offers a walk-in closet, dual sinks, soaking tub, and separate shower. Step outside to a private walled backyard featuring easy-care landscaping and a covered patio perfect for relaxing year-round. Enjoy attractive curb appeal, a 2-car garage, and minimal maintenance inside and out. Conveniently located near Four Hills, hiking and biking trails, parks, shopping, dining, KAFB, Sandia, and quick I-40 access! Call soon!

300 Moon Street SE 14, Albuquerque

Like-new 2023 Champion manufactured home in CJ Mobile Home Park! This 3-bedroom, 2-bathroom single-wide offers 850 sq ft of modern, low-maintenance living. The open-concept floor plan features durable laminate flooring, a functional kitchen with newer Whirlpool appliances, and a comfortable living area. Washer and dryer are included for added convenience. The private primary suite includes its own bath, while two additional bedrooms provide space for guests, a home office, or hobbies. Outside, enjoy parking for 2-3 vehicles. Built in 2023, this home offers the benefits of newer construction and updated systems. Current lot lease is $575/month and includes trash service. Move in ready and perfect for first time home buyers or investors!

528 Alvarado Drive SE, Albuquerque

Attention investors! This Southeast Heights 4-plex is a fantastic opportunity to expand your investment portfolio. The property features four fully occupied 2-bedroom, 1-bath units, each with its own individual utility meter. Conveniently located near shopping, dining, and everyday amenities, this income-producing property offers strong rental appeal in a desirable location.

1008 Alvarado Drive SE, Albuquerque

*Property is being sold as a package with 1024 Alvarado Dr. SE* Offered at $3,400,000 ($79,070/unit), this 43-unit multifamily investment presents a compelling value-add opportunity with a 5.89% acquisition cap rate and a projected 6.42% pro forma cap rate. The property was 100% occupied as of March 2026 and features in-place rents estimated to be approximately 14% below market, providing meaningful revenue upside. Recent interior renovations have been completed throughout the majority of units, reducing near-term capital needs. Located within Albuquerque's established Southeast submarket, the property benefits from proximity to Kirtland Air Force Base, major employment centers, and convenient I-25 access. Seller financing is available.

1024 Alvarado Drive SE APT 6, Albuquerque

*Property is being sold as a package with 1008 Alvarado Dr. SE* Offered at $3,400,000 ($79,070/unit), this 43-unit multifamily investment presents a compelling value-add opportunity with a 5.89% acquisition cap rate and a projected 6.42% pro forma cap rate. The property was 100% occupied as of March 2026 and features in-place rents estimated to be approximately 14% below market, providing meaningful revenue upside. Recent interior renovations have been completed throughout the majority of units, reducing near-term capital needs. Located within Albuquerque's established Southeast submarket, the property benefits from proximity to Kirtland Air Force Base, major employment centers, and convenient I-25 access. Seller financing is available.

520 Kentucky Street SE, Albuquerque

PRICE REDUCTION!!!! Great opportunity on this FULL OCCUPANCY and GREAT income producing property in SE Albuquerque. 2 very spacious units that have offstreet parking, an attached storage unit and tile flooring. Wonderful Investment with tenants that have a month to month lease.

11824 Suny Bay Road SE, Albuquerque

2010 Summertree ''Willow'' model in Volterra with NO PID! Huge living room opens to country kitchen with island, bar, pantry and bay-window dining area. Adjacent ''flex'' room could be formal living, dining or media room. Powder room. Upstairs finds enormous primary suite with adjoining study/sitting room, deluxe bath (separate tub & shower, double vanity and walk-in closet) and private deck. Two more bedrooms share a full bath. Laundry room on upper level. Double garage with built-in storage systems. Tiled roof. Covered patio. Large corner lot with walled backyard. Low-maintenance front yard landscape. Easy access to KAFB and the Labs. Conveniently close to Manzano Mesa Park with community center, pickleball courts, and dog park. Open space nearby with trail access for hiking and biking.

1100 Alvarado Drive SE, Albuquerque

Investment package: 3 updated condos in the 3-story, 42-unit gated Moana Condo Complex in SE Albuquerque near Kirtland AFB & Sandia Labs. Includes one 2BR/2BA, one 2BR/1BA, and one1BR/1BA unit. Secured parking in gated lot for condo units. Condo dues vary by size and cover exterior maintenance, exterior utilities (gas, water, sewer, trash), and exterior insurance; owner pays interior electric and taxes. Complex includes a pool. Fully leased; all units on leases with deposits in place. Package sale only. Offers contingent on buyer's visual inspection within 72 hours of offer acceptance; proof of funds required on all offers. No sign or lockbox at property.

123 Charleston Street SE, Albuquerque

Unique Dual-Residence Property with Extensive Commercial ParkingDiscover a one-of-a-kind opportunity that perfectly blends residential comfort with massive industrial utility. This expansive property features two attached homes and a reinforced yard capable of accommodating 5+ semi-trucks--ideal for owner-operators or savvy investors.Residence A: Features a generous open-concept layout including a kitchen, dining, and living area. Includes 2 bedrooms, 1 bathroom, a dedicated office space, a laundry room, and a 22'2'' x 12'3'' attached garage.Residence B: A secondary unit offering 2 bedrooms, 1 bathroom, and a functional kitchen/dining combo.Whether you're looking to run your business from home or generate dual rental income, this property offers unmatched versatility.

805 Ortiz Drive SE, Albuquerque

Turnkey 4-plex with major upgrades and strong income potential. Property consists of three remodeled 1BR/1BA units and one larger 2BR/1BA unit. Renovated units feature new kitchen cabinets and countertops, updated bath surrounds and vanities, new water heaters, wall heater units, and many new windows. Refinished hardwood floors, fresh paint, and updated lighting throughout. Current rents in place with opportunity for additional income growth. The 2BR unit is not yet updated and offers future upside potential. Ideal for investors seeking a low-maintenance property with a blend of stability and value-add opportunity.