Indian Mesa homes for sale in Albuquerque, NM

3609 Wellesley Drive NE, Albuquerque

Located at 3609 Wellesley NE, this fourplex has large, town house style, two bedroom, one bathroom units with in unit laundry.At the ask price $550,000 and of based on the current average rents of $1,324 per month, the property's measures of investment performance include a 10,10 GRM, 5.73% cap rate before reserves, before tax IRR of 20.0% and an after-tax IRR of 16.2%. If rents were raised to market average of $1,466, and even with a potential two-fold increase in property taxes, which likely not occur until 2027-2028, the measures of investment performance improve to a 5.93% cap rate.

3601 Wellesley Drive NE, Albuquerque

Located at 3601, 3605 & 3609 Wellesley NE. The portfolio is easily managed from one central location that includes laundry room for the residents use. The property portfolio contains two studio units, thirteen one-bedroom units and six two-bedroom units.The portfolio is offered at the value of recent appraisals and is an amazing opportunity to invest in a growing economy.At the ask price of $2,445,000 and of based on the current average rents of $1,113 per month, the property's measures of investment performance include an 8.72 GRM, 7.39% cap rate before reserves, before tax IRR of 15.8% and an after-tax IRR of 12.97. If rents were raised to market average of $1,291, and even with a potential 3fold increase in property taxes, the measure of investment improve to a cap rate of 7.

3505 Lafayette Drive NE, Albuquerque

At 1300 SF each, all 7 apartments are nicely updated two story two bedroom / one and a half Bathroom townhome style floorplans with well-apportioned rooms, separate large utility rooms (with Washer / Dryer hook ups or washer / dryer included), and giant living areas with woodburning stoves! All kitchens are nicely updated and include dishwashers and electric ranges. All apartments are also separately metered for gas and electric and offer forced central heating. 4 of the 7 apartments have been converted to refrigerated air!Potential upside includes conversion to a condominium community with a large spread between the current price of $135,714 per unit and the average ask price for $242,500 (per SWMLS report 5/12 - 2 bedroom units with 1,200 to 1,400 sf condos without garages.)

3713 Palo Duro Avenue NE, Albuquerque

Charming home in uptown that has been recently re-painted (2026) and had many updates in 2022.

3114 Morningside Drive NE, Albuquerque

Welcome home! From the moment you step inside, this charming 5-bedroom, 2-bathroom home feels warm, bright, and inviting. Located in Uptown Albuquerque, it offers plenty of room to gather, relax, and create lasting memories.You'll love the spacious living and dining areas, kitchen with a cozy breakfast nook, oversized pantry, and large laundry room. The game room is an added bonus--perfect for movie nights, entertaining friends, or spending quality time with family. With five spacious bedrooms, there's plenty of flexibility for guests, a home office, or hobbies.Step outside and discover a backyard made for enjoying New Mexico living, complete with a generous patio that's perfect for cookouts, gatherings, quiet evenings, and beautiful sunset views.The seller is offering a $2,500 buyer credit toward allowable closing costs, a rate buy-down, or repairs with an acceptable offer. Come take a look, stay awhile, and imagine making this wonderful home your own. Truly a Great Place to Call Home! PROPERTY IS BEING SOLD AS IS

4032 Comanche Road NE, Albuquerque

Located just minutes from both I-25 and I-40, this versatile property with main home plus ADU offers exceptional convenience and flexibility. Centrally located near downtown Albuquerque and UNM, it's ideal for owner-occupants, students, house-hackers, investors, or professionals.The main home features 3 bedrooms, 2 bathrooms, and a 1-car garage, while the 1-bed, 1-bath ADU with separate entrance provides private living space perfect for rental income, multigenerational living, or a home office. Recent updates include a new roof in Dec 2025 and interior improvements, making this a move-in-ready opportunity with built-in income potential in a prime Northeast location.

3833 Goodrich Avenue NE, Albuquerque

Beautifully maintained and updated single-story home with room to spread out! This 4-bedroom, 3-bath home features a primary suite plus a second bedroom with a separate entrance which could serve as a secondary primary suite. The kitchen was updated a few years ago, Wood floors and tile run throughout--no carpet. Relax on the private covered patio on warm summer evenings. All appliances convey, and the seller will pay off the solar at closing. Come see this gem today!

4601 Carlisle Boulevard NE APT A13, Albuquerque

This lower level unit is move-in ready and waiting for a new owner, or make it an investment property. Tile flooring in living areas, plus carpet in bedrooms that was recently installed (9/2026). This condominium is a three bedroom unit, with two 3/4 baths, PLUS it's own laundry with stackable washer and dryer. A bonus for any new owner! Wood doors and trim, one bedroom w/walk-in closet, light and bright spaces, linen closet, dining/living spaces and adorable kitchen with corian countertops.

2827 Bel Air Drive NE, Albuquerque

Discover unbeatable value in this beautifully updated 2-bedroom, 1-bath home with a huge, fully fenced backyard and backyard access -- perfect for entertaining, pets, or future expansion.This turn-key property shines with a brand-new kitchen featuring modern cabinets, granite countertops, stainless appliances, and stylish finishes. The bathroom has been completely renovated, and the home includes new flooring, fresh paint, updated fixtures, new windows, New Stucco and refrigerated A/C for year-round comfort.Bonus room in the back can be a 3rd bedroom or office.Enjoy a central NE Heights location close to Uptown shopping, dining, and easy access to both I-40 and I-25 -- making commutes and errands effortless.Ready for new owners -- nothing left to do but move in!

3859 Montgomery Boulevard NE APT 1302, Albuquerque

Welcome home to this light, bright, and beautifully updated first-floor condo featuring 2 spacious bedrooms and 2 full bathrooms! The open living and dining areas flow seamlessly into a stylish kitchen, creating a comfortable and functional layout perfect for everyday living and entertaining.Ceramic tile flooring extends throughout the main living areas, while both generously sized bedrooms feature luxury vinyl plank flooring. Step outside to your private, shaded patio--a peaceful retreat perfect for relaxing and enjoying warm summer days.Conveniently located in central Albuquerque with easy access to I-25, this home offers effortless access to shopping, dining, entertainment, and everything the city has to offer. The well-maintained gated community features an impressive array of amenities, including a clubhouse, swimming pool, fitness center, playground, lush landscaping, community garden, assigned parking, additional storage, and gated entry.Move-in ready, thoughtfully updated, and surrounded by fantastic community amenities--this condo offers easy, low-maintenance living in a convenient Albuquerque location!

2909 Graceland Drive NE, Albuquerque

Seller offering 5k credit/int rate buydown! Gem of Uptown! Owned since '54, maintained & updated. See the features list! Comfy 3/2 w/ REFRIG AIR, no carpet, 2 living spaces, flex rooms. BY alley access for RV, parking/hobbies. Driveway widened, carport is spacious w/ side door access. Note the stunning weeping spruce in the private front porch it's a treasure! Walk in to beautiful flooring & front living space. 2 spare bedrms & full bath to the left. Thru living is the updated, gorgeous kitchen w/ granite counters, matching appliances, custom cabs, pantry, eat in spot. Off kitchen is the primary w/ 3/4 bath, walk in closets, open to laundry/flex rm. Thru kitchen to the bonus sunroom, space for a large dining table, furniture. Bonus coat closet, storage, pantry. BY has shed, workshop w/ power, block walls, kennel/ coop, turf, BBQ.

3835 Montgomery Boulevard NE APT 628, Albuquerque

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.