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Terrace - Homes for Sale

There are currently 3 MLS listings for Houses for sale in Terrace, Albuquerque.

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Quick Facts about Terrace

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Welcome to this inviting ranch-style home in Northeast Albuquerque featuring 4 bedrooms and multiple living spaces designed for comfort and flexibility. Enjoy a cozy family room and a warm two-way fireplace that connects the living and dining areas, creating a welcoming atmosphere throughout.Step outside to a backyard oasis on a large lot, complete with garden beds and designed for both relaxation and sustainability--perfect for unwinding, entertaining, or enjoying outdoor living.A wonderful opportunity to own a well-cared-for home in a desirable location close to shopping, dining, and parks.

3
BEDS
2
BATHS
1,924
SQFT
0.2
ACRES

Pssst: Why buy new construction when you can have THIS? Half-acre lot & Sandia Mountain views! This stunning 3-bed, 2-bath home located in Albuquerque's highly desirable South Valley, has been completely remodeled inside and out; including: roof, stucco, windows, water heater, furnace & ductwork. Don't forget about the gorgeous full interior refresh throughout; with updated bathrooms, kitchen accompanied with stainless steel appliances, flooring, & lighting fixtures! Sitting on a rare half-acre lot with 1,366 sq ft of move-in ready living space, this home delivers big on space, style, and value. Well water = zero compromises! Come see it before someone else does :) schedule your viewing today! **Owner financing available with 20% down**

3
BEDS
2
BATHS
1,366
SQFT
0.5
ACRES
$340,000
-9,500$ 04/14

University Area Charmer with Timeless Style and Modern Comfort! This beautifully updated 3-bedroom home blends classic character with modern elegance. Enjoy newly refinished hardwood floors, refinished tile backsplashes, surrounds, and flooring, plus refrigerated air for year-round comfort. The open living and dining areas flow into a bright kitchen with sleek tile counters and refined finishes-perfect for entertaining or working from home. Additional highlights include a durable TPO roof, in-unit washer and dryer, and sideyard access with extra parking. The spacious backyard offers room for expansion or simply relaxing under New Mexico's clear blue skies. Ideally located near UNM, CNM, and Nob Hill, this University Area treasure offers quality, convenience, and the best of city living.

3
BEDS
1
BATHS
1,194
SQFT
0.15
ACRES

Explore Nearby Properties (within 1 mile):

STEP INTO A RARE DOWNTOWN GEM WHERE SPACE, STYLE, AND LOCATION COME TOGETHER. Set on a great sized corner lot in the heart of Albuquerque, this beautifully updated two bedroom, two bathroom home blends modern updates with a warm, cozy feel. The refreshed kitchen flows easily into inviting living spaces, while updated bathrooms add comfort and polish to everyday routines. Outside, the extra large fence with vehicle access offers privacy, flexibility, and room to create your ideal outdoor retreat. Just minutes from Old Town, local dining, coffee shops, parks, and arts districts, this home delivers the downtown lifestyle buyers love with space to spare. Schedule your showing and experience it today.

2
BEDS
2
BATHS
898
SQFT
0.09
ACRES

Discover a great opportunity in the heart of Albuquerque with this charming 2-bedroom, 1-bath, 967 sq ft home. Featuring a functional layout, generous natural light, and a lot with excellent potential, this property offers the flexibility to customize, update, or renovate to your vision. The home is being sold as-is, giving the next owner a chance to add value and make it their own. Located near major roadways, dining, and downtown amenities, this property provides convenience and accessibility in an established central neighborhood. Don't miss this opportunity to own a versatile home with outstanding potential in a prime location.

2
BEDS
1
BATHS
898
SQFT
0.16
ACRES

Cozy 1-bedroom home at 524 Gibson featuring a welcoming living area highlighted by a classic fireplace. The layout offers simple, functional living with an efficient half bathroom and a comfortable bedroom suited for everyday needs. This property provides a great opportunity for someone looking to add personal touches and turn it into a truly charming home.The lot includes usable outdoor space for seating, gardening, or additional storage. Conveniently located near major roads, transit options, shopping, and local services, this home offers strong accessibility and practical day-to-day living.Ideal for buyers seeking a manageable property with potential to enhance and make their own.

1
BEDS
1
BATHS
798
SQFT
0.1
ACRES

Take a look at this charming home with plenty of potential on a large lot. Inside, you'll find an open living and dining area that makes the space feel comfortable and functional for everyday living. The home includes REFRIGERATED AIR for year-round comfort. The gated SIDE YARD ACCESS provides added privacy and makes it easy to park an RV, trailer, or other vehicles in the backyard. The fully enclosed yard offers space for outdoor gatherings, pets, or gardening. Whether you're a first-time buyer or looking for an investment property with room to grow, this home is worth a look! Schedule your showing today!

2
BEDS
1
BATHS
1,268
SQFT
0.16
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
2
BATHS
1,160
SQFT
0.16
ACRES
$150,000
-20,000$ 03/31

Discover this versatile property featuring 2 separate dwellings on one lot, located in the southeast side of Albuquerque. With a combined total of 5 bedrooms and 2 baths, this setup is ideal for investors or multi-generational living.The primary dwelling offers generous living space, while the secondary dwelling provides additional flexibility as a guest house, rental unit, or workspace. The property does require some care and updating, making it a perfect opportunity for those looking to add value and customize to their vision.

5
BEDS
2
BATHS
1,100
SQFT
0.14
ACRES

Cozy single-story adobe home in a prime location near downtown Albuquerque with quick access to I-25. Restored classic adobe in a historic neighborhood featuring two spacious bedrooms and an open, light-filled kitchen and dining area. Tasteful renovations and high-quality luxury vinyl plank flooring enhance the home while preserving its original charm. Recent upgrades include a modern cooling system, updated electrical service panel, new power board, new TPO roof on the garage and storage room, and a new metal roof on the rear extension. Enjoy a shaded deck surrounded by mature trees, plus a detached garage and convenient parking. Low utilities and minimal maintenance. Move-in ready and ideal as a starter home or investment-previously a successful traveling nurse rental with strong returns

2
BEDS
1
BATHS
846
SQFT
0.16
ACRES

This freshly painted 2-story home offers a low-maintenance footprint in a location that keeps you connected to everything. Just minutes from UNM, KAFB, I-25, and Isotopes Park, it's an ideal setup for anyone looking for convenience without the extra overhead.The layout separates living and sleeping spaces, with both bedrooms upstairs for added privacy. Downstairs, you'll find a functional main living area with natural light and a straightforward flow into the kitchen.Whether you're a first-time buyer, looking for a lock-and-leave option, or adding to your rental portfolio, this property offers flexibility and accessibility in a hard-to-beat location.Washer and dryer convey.Opportunities in this price range and location don't last long.

2
BEDS
1
BATHS
940
SQFT
0.04
ACRES

Discover your new home in the heart of this historic neighborhood! This beautifully updated 3-bedroom, 2.5-bath townhome boasts modern comforts with classic charm. This includes a new roof w/10 yr warranty, fresh paint, LVP flooring on the main level as well as new carpet upstairs, refinished garage floors w/ newly replaced garage opener and motor. You will enjoy soaking in the views from your own personal balconies, yes 2 balconies on both the East and Westside of the home. This desirable property is situated within walking distance to both new attractions and historic landmarks. With convenient access to I-25 and just a minute's drive into downtown, you will have everything you need for work during the week and fun on the weekends! Come take a look and see all this home has to offer!

3
BEDS
3
BATHS
1,750
SQFT
0.06
ACRES

2
BEDS
2
BATHS
1,120
SQFT
0.02
ACRES
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

Explore Nearby Subdivisions in Albuquerque Area

Looking beyond Terrace? Expand your home search to these neighboring zip codes in Albuquerque Area. Each area offers unique characteristics, price points, and lifestyle options while maintaining convenient access to Albuquerque. Compare homes across multiple communities to find the perfect match for your budget and lifestyle preferences.

Quick Facts about Terrace community

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.