Homes Under $200K in Greater Albuquerque
Find affordable homes under $200,000 in Greater 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 130 listings in Greater Albuquerque.
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502 S Roosevelt Avenue, Mountainair
SELLER FINANCING AVAILABLE -- ATTRACTIVE TERMS! Charming Mountainair Home at a Great Value! Don't miss this move-in-ready opportunity in a hard-to-find price range. This inviting home offers two bedrooms, a beautifully remodeled bathroom, updated double-pane windows, and laminate flooring throughout. A cozy wood-burning stove anchors the living space and adds warmth and character on those cool Mountainair evenings.Step outside to a large covered back porch--an ideal spot for relaxing, entertaining, or enjoying an evening barbecue and the fresh mountain air. With its recent updates, comfortable layout, and affordable price point, this property offers a great opportunity for a full-time residence, weekend getaway, or investment property.***Seller financing/REC terms may be available with attractive terms for qualified buyers. Inquire with the listing broker for additional details.***Come see the charm, value, and flexible purchase options this Mountainair home has to offer!
4200 Montgomery Boulevard NE 124, Albuquerque
Why rent when you can own? This charming 1-bedroom, 615 sq. ft. condo offers an incredible opportunity to build equity for less than the average monthly rent! Step inside to discover fresh, modern new flooring throughout, creating a bright and welcoming atmosphere ready for immediate move-in.Ideally situated for effortless living, this move-in-ready home offers fast access to major highways and is just minutes from local dining and shopping options. Commuters and students will love the unbeatable location--only 15 minutes to the University of New Mexico campus!Whether you are looking for an affordable first home or a smart real estate investment with strong rental potential, this low-maintenance property delivers maximum value and convenience. Don't miss out on owning your own space!
1355 Rio Rancho Boulevard SE APT B, Rio Rancho
Updated, Charming 1-bedroom condo in Golden West Patio Apartments offering clean, low-maintenance living in a convenient Rio Rancho location. Fresh paint, new fixtures updated bath, and new vinyl flooring create a move-in-ready space. Open living and dining layout with kitchen appliances included. Enjoy well-kept landscaping, an enclosed community pool, and on-site laundry facilities. Ideal for retirees, investors, or anyone seeking an affordable, easy-care unit close to Intel, shopping, and services. Vacant and easy to show
Affordable Homeownership or a Great Investment Opportunity. This 2bed, 1bath residence situated on owned land, offering both short term value & long-term investment potential. The property includes all essential utilities, water, sewer, & electricity. Providing convenience & immediate livability. Enjoy the privacy & flexibility of generous surrounding land, creating opportunities for expansion, outdoor living, storage, or future development. Owner financing available for qualified buyers with a substantial down payment, making this an attractive alternative to traditional lending.
300 63rd Street NW, Albuquerque
Unlock the potential in this versatile duplex. Live in one unit while renting the other or rent both out to maximize your income potential! Unit A has 2 bedrooms plus bonus room for an office/hobby room and full bath. Beautiful tall ceilings with vigas, original wood floors, and fireplace in the spacious living/dining area. Unit B has one bedroom, living/dining and bath. With plenty of space and possibilities, along with side yard access and parking, this property is ready for your vision and personal touches. A great opportunity for a homeowner, investor, or handy buyer looking for a property with upside potential. Bring your creativity and transform this diamond in the rough into something truly special!
Welcome home to this well-maintained manufactured home offering a bright, comfortable layout with thoughtful updates throughout. The spacious living area features attractive wood-look flooring, decorative ceiling beams, abundant natural light, and a custom built-in entertainment center (TV to convey) with shelving and cabinetry. The open layout flows into a functional kitchen featuring white cabinetry, generous counter space, a farmhouse-style sink, and ample storage.The primary suite offers plenty of space to unwind and includes a private bath with dual sinks, a soaking tub, separate shower, and built-in linen storage. Additional bedrooms provide flexibility for family, guests, or a home office. A second full bathroom and dedicated laundry area add everyday convenience.Enjoy cohesive flooring and neutral finishes throughout much of the home, recessed lighting, ceiling fans, and plenty of windows for natural light. The land rent includes water, trash, gas, and sewer, providing added convenience and predictable monthly expenses. With comfortable living spaces, abundant storage, and a welcoming interior, this home is ready for its next owner. Schedule your showing today!
610 Central Avenue SW 4G, Albuquerque
MODERN DOWNTOWN LOFT LIVING with city views! Located on the 4th floor of The Lofts at 610 Central, this urban residence features exposed ceilings, an open floor plan and a wall of windows filling the space with natural light. The kitchen offers abundant cabinetry while the flexible living area and separate bedroom provide plenty of room to make the space your own. In-unit washer and dryer space. Step outside to restaurants, nightlife, coffee shops, shopping and transit, with UNM just minutes away. HOA covers building and common-area maintenance, exterior features including windows, building insurance, water, sewer and garbage.
416 Vermont Street NE, Albuquerque
Come see this fully gated, competitively priced home offering incredible value and versatility. Featuring a detached casita, this property provides the perfect opportunity to generate rental income to help offset your mortgage or create a cash-flowing investment. The solar will be paid off at close and helps keep utility costs low. Out back, you'll find an additional storage/workshop building offering even more potential. Whether you're an investor or a homebuyer looking for extra space and income potential, this property has features that are hard to find. Don't miss this opportunity. it won't last long!Property is zoned R-ML with potentiial to convert the storage to another unit.
65 A Armijo Road, Belen
Unique One-Bedroom Retreat on 1.57 AcresDiscover a one-of-a-kind property with character and plenty of potential! This unique single-wide mobile home has been transformed to resemble a classic railroad boxcar, creating an eye-catching exterior unlike anything else. Situated on 1.68 acres, the property offers privacy, space, and a peaceful country setting.Inside, the home features one bedroom and two 3/4 bathrooms, along with refrigerated air for year-round comfort. A standout feature is the shop with a loft and air conditioning, offering excellent space for a workshop, hobbies, storage, office, or additional creative use. Outside, enjoy your own private pond, adding to the property's unique charm and recreational possibilities.If you're looking for something different from the ordinary, this property offers a distinctive combination of acreage, privacy, workspace, and a truly unique boxcar-inspired home.
This well-kept and maintained mobile home offers affordable living in a great community! This 2-bedroom, 2-bathroom home has new carpet and vinyl flooring throughout. Nearby you'll enjoy a community center, tennis and basketball courts, a dog park, and even a community pool! Washer, dryer, fridge & shed convey. Home is on a land lease.
5 Meadowlake Lane, Los Lunas
Good Size Lot .70 acre. Property needs work.
3301 Monroe Street NE UNIT J105, Albuquerque
Welcome to modern living at its finest! This beautifully designed townhome offers a stylish blend of comfort, functionality, and contemporary finishes. The Home features two bedrooms with two full baths in each room. The large living area is tiled and has a cozy wood burning fireplace. spacious living areas, a modern kitchen, and generously sized bedrooms, this home is perfect for both everyday living and entertaining. Enjoy low-maintenance living with a sleek, modern design and an inviting atmosphere. Ideally suited for those seeking convenience, style, and comfort in a desirable location. A must-see!
Bring your vision to life with this South Broadway home ready for renovation and a new lease on life! This property is a great opportunity for an investor, flipper, contractor, or buyer looking for a value-add project. The home offers plenty of potential for the right buyer to renovate, build equity, and create something special. Convenient alley access along the east side provides access to the backyard and added flexibility for renovation, materials, parking, and improvements. Bring your tools, creativity, and vision, this could be your next project!
714 Williams Avenue, Estancia
Nestled in the heart of Estancia, New Mexico--a peaceful valley town. This charming home sits just steps from Arthur Park, the community park. Surrounded by open skies, working ranches, and the enduring spirit of rural New Mexico, Estancia offers the rare gift of small-town connection while remaining only an hour from Albuquerque's amenities.
Great opportunity to live on over 1.31 acres of land, Lots of trees, completely fence for all your livestock needs, plenty of space for your toys, enjoy peaceful country living. Home is service by a share well, septic tank and natural gas. Property is ready for a new owner. Not on permanent foundation.
Charming, Updated & Full of Possibility! This quaint home has been thoughtfully remodeled and is in very good condition, offering a great opportunity for an investor, rental property, weekend retreat, or cash buyer looking for an affordable place to call their own. Plumbing has been updated to PEX, adding to the home's list of many improvements and updates. Step outside onto the beautiful new deck and take in the incredible views--the perfect spot for morning coffee, evening sunsets, and enjoying the peaceful surroundings. Inside, the home feels warm, inviting, and nearly move-in ready with updates already completed.Tucked away in a private and peaceful setting, you'll feel removed from it all - yet groceries, shopping, dining, and everyday amenities are just a 5-minute drive away.CASH ONLY. Owner Financing considered with a substantial down payment. Property is being sold AS-IS and does not have a permanent foundation, so traditional financing will not be available. A unique opportunity for the right buyer to take advantage of a charming, updated property with beautiful outdoor living and views.
MULTIPLE OFFERS RECEIVED. Accepting backup offers.Home is occupied, please be respectful and do not approach. This property is being sold as a short sale. Contact listing broker Miranda for details. No showings without an accepted offer. Backyard includes a workshop and covered patio.
35 Barela Road, Los Lunas
Cute starter mobile home 18x76, features 3 bedrooms, master split from the kids rooms, Vaulted ceilings, Ceiling fans in the living and master bedroom. Garden tub in the master with separate shower, Pro Panel roofGreat Views of the mountains al on 1.21 fenced acre
Stunning 3 bedroom 2 bath home in desirable SE Heights close to I-40. 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 or office . 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).
87 Casper Court, Moriarty
Enjoy the space and freedom of country living on 2.65 acres in Edgewood. This site-built home features 3 bedrooms, 2 bathrooms, and a detached workshop with water and electric, offering endless potential for its next owner.With plenty of room for horses, animals, RV parking, gardens, or outdoor hobbies, the property is ideal for those looking to spread out and enjoy a little extra elbow room. Whether you're looking for your first home on acreage, a place for your hobbies, or an investment opportunity, this property is priced to sell and ready for your personal touch.
8201 Trumbull Avenue SE APT C, Albuquerque
Welcome home to this charming two-story, 2-bedroom, 1-bath condo offering comfort and low-maintenance living. Fresh paint throughout enhances the bright and inviting feel of the home. The thoughtful floor plan features accent walls and a spacious living area. The kitchen comes equipped with stainless steel appliances. Step outside to a fenced backyard perfect for relaxing, entertaining, or giving pets their own outdoor space. Conveniently located with easy access to shopping, dining, parks, Kirtland Air Force Base, UNM, and major commuter routes, this home offers both comfort and convenience.
12000 Stilwell Drive NE APT C, Albuquerque
Welcome to this charming 2-bedroom, 1-bath ground-level condo offering comfortable, low-maintenance living. The home features spacious bedrooms, including one with a walk-in closet, an in-unit washer, and additional storage in the garage. Conveniently located near Menaul and Juan Tabo, you'll enjoy quick access to shopping, dining, parks, and I-40. The HOA maintains the common areas, adding to the convenience. Whether you're a first-time homebuyer, looking to downsize, or searching for an investment opportunity, this well-located condo is one you won't want to miss
401 N Corbett Avenue, Mountainair
Nestled on a partially wooded corner lot in the welcoming rural community of Mountainair, this charming home offers comfort, character, and peaceful outdoor living. Relax on the covered back porch or unwind on the shaded deck surrounded by fragrant lilacs, blooming irises, and raised garden beds ready for flowers or fresh vegetables. Inside, you'll find two spacious bedrooms connected by a unique Jack-and-Jill bathroom, generous closet space, and serene backyard views from the second bedroom. The kitchen island provides the perfect spot to enjoy your morning coffee while listening to songbirds. A shed adds valuable storage and flexible space for a workshop, studio, or hobby room. The fully fenced front yard features an inviting sitting area, making this property ideal for enjoying the quiet pace and natural beauty of New Mexico's Enchanted Southwest.
Investor Special with Endless Potential! Situated on a spacious lot in the heart of Belen, this property is bursting with opportunity for investors, flippers, or buyers looking to create their dream home. With a home sitting on over half an acre, there's plenty of room to expand, renovate, or reimagine the space to fit your vision.Bring your ideas and unlock the possibilities this property has to offer. The large lot provides ample space for outdoor living, workshops, storage, or future improvements. Conveniently located near schools, shopping, and local amenities, this is your chance to transform a property with incredible potential into something truly special. Seller is selling as is.
Escape to the wide-open beauty of the rural Southwest with this exceptional 29.63-acre retreat offering breathtaking 360-degree views of the surrounding mountains and unforgettable sunsets. Nestled in a peaceful, remote setting, this property features a charming 656 sq ft cabin designed to maximize the spectacular scenery. Both the spacious bedroom and comfortable living room showcase panoramic mountain vistas, creating a relaxing atmosphere year-round.Electricity is connected, making the cabin ready to enjoy while still offering the simplicity of off-grid living. Water can be supplied by installing a rainwater catchment system or hauling water from the nearby town of Mountainair, and a 5,000-gallon water storage tank is already in place.Bring your horses and enjoy watching them graze in the open pasture from the inviting front porch as the sun sets over the New Mexico landscape. A small livestock shed and separate storage shed provide additional utility and are ready for your vision and improvements.Whether you're looking for a peaceful seasonal getaway, a recreational retreat, or a quiet place to build your dream of country living, this unique property offers privacy, stunning natural beauty, and endless possibilities. Experience star-filled skies, fresh mountain air, and the tranquility that only the Land of Enchantment can provide.
73 Sportsman Drive, Los Lunas
Welcome to 73 Sportsman, great mountain views, unobstructed sunsets, sunrises, and star gazing, fully fenced 1 acre home with spacious bedrooms, garden tub and double sink in primary bedroom. Home is being sold AS-IS.
Spacious floor plan. Well maintained unit with newer appliances. Eat in kitchen + Dining Area. Walk-in closets in both bedrooms. Jetted tub in hall bath. Large walk-in shower in primary bathroom with separate sink and dressing area. Covered balcony with storage closet. This is a no pet property.
Located in a gated community near UNM, Nob Hill, The Pit, Kirtland AFB and much more! This Eagles Nest condo is the perfect place to call home. HOA pays all utilities and also maintains the exterior of the residence. There is also a community pool, laundry, and dog run. Schedule your showing today.Some images have been virtually staged.
Have you ever wanted to live where the antelope roam? well look no further this home features 3 bedroom 2 full bath a extra living area with built in bookshelves, updated windows, updated flooring in living room, newer swamp cooler furnace is 6 years old fenced back area for your horses, shared well with only 4 houses, Permanent foundation with deactivated Title all this on 5 acres! Please see LO/SO remarks.
922 W Gilbert Avenue, Belen
Back on the market! Prime Corner Lot: Unlimited Potential for Homebuyers and Savvy Investors! This single-family home presents an incredible chance to build equity in a great location. Its prominent corner lot status providing a spacious feel. While it requires significant renovation, the payoff is clear: think of custom home and long-term investment value.
Daria Derebera
Real Estate Broker in Albuquerque, NM
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