La Mesa Extension homes for sale in Albuquerque, NM

La Mesa Extension is a residential subdivision in the Fairgrounds area of Albuquerque, New Mexico, in Bernalillo County (87108). Homes here are zoned to La Mesa Elementary, Hayes Middle, and Highland High schools. 1 home is currently for sale.

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Come check out this beautifully updated 2-bedroom home perfectly priced and conveniently located close to everything!Recently renovated additional heated and cooled living space, thoughtfully converted from previously underutilized area, providing valuable additional square footage and flexibility for a variety of uses.Step inside to find fresh interior paint, refinished hardwood floors, and a fully updated bathroom. The kitchen has been thoughtfully upgraded with granite countertops, and modern lighting throughout.Additional highlights include a brand-new gas water heater, making this home truly move-in ready.Don't miss your chance this is the one!

2
BEDS
1
BATHS
871
SQFT
0.16
ACRES

Explore nearby properties (within 1 mile):

$289,000

$10K PRICE REDUCTION!!Large 6-Bedroom Home - Priced for Buyers Comfortable With Cosmetic UpdatesThis 2,278 sq ft home offers an unusually large footprint for the area with six bedrooms and two separate living areas, making it ideal for extended households or buyers needing significant space. Several major improvements are already complete, including a new TPO roof (2024), large-format porcelain tile flooring, updated rear windows, and Mitsubishi mini-split systems in the primary bedroom and rear den. The home is priced to reflect remaining cosmetic updates and finishing work. Buyers looking for a fully turnkey property should expect to renovate, but those willing to complete the updates will gain substantial square footage at a price point that is difficult to find in Albuquerque.

6
BEDS
2
BATHS
2,278
SQFT
0.16
ACRES
$320,000
-$5,000

Your new home offers 4 bedrooms and 2 baths with lots of square footage, an open floorplan, and a wooden deck upstairs--deck faces east with great mountain views. Original wood floors on bottom floor. The home has been remodeled featuring a new HVAC system, new appliances, plumbing, gas and electrical upgrades. Check out the new bathroom shower and tub, the new fixtures and sinks! New roof in 2019 and sewer pipe from house to street 2025; a large shed in the back yard. Nice, quiet neighborhood in the fairgrounds area make this home a must see.

4
BEDS
2
BATHS
1,987
SQFT
0.15
ACRES
$325,000

4-unit multifamily investment located in a rapidly improving corridor of Northeast Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a high cap rate, strong cash-on-cash returns, and durable demand from long-term workforce tenants.The surrounding neighborhood has seen substantial momentum, including a brand-new public library and park, along with ongoing residential and mixed-use construction nearby. These improvements support long-term appreciation while maintaining strong rental demand.The asset is a C-class, workforce housing property, which historically performs well through market cycles due to affordability, necessity-driven demand, and tenant longevity. Current tenants are stable, long-term residents.

5
BEDS
4
BATHS
2,760
SQFT
0.16
ACRES

Spacious Investment Opportunity! This versatile 3-bedroom, 2-bathroom home features two distinct living areas and a large, functional kitchen. Currently generating $1,800/month on a flexible month-to-month agreement, this property also offers the highly sought-after benefit of backyard access. A perfect addition to any portfolio.

3
BEDS
2
BATHS
1,230
SQFT
0.16
ACRES

Opportunity to Own a Fully Rented 4-Plex! This income-producing property brings in $3,616 in monthly rents across four units. Three of the four units have been updated, and all units are in good condition, offering solid long-term rental appeal. The roof is newer, and property is well maintained. Brand new water line 2025! A great investment for steady cash flow and future upside!

4
BEDS
4
BATHS
0.19
ACRES

This home has so much to offer! Major updates completed in 2023 include a furnace, water heater, evaporative-cooler, roof, windows, kitchen granite countertops, stainless farm sink, cabinets with crown molding, stove, and garbage disposal, providing added peace of mind. Inside, you'll find a carpet-free interior and a comfortable layout ready for you to make your own.The spacious 0.22-acre lot features convenient backyard access, offering plenty of room for RV parking or the potential to build an ADU. It features a huge covered porch! A contemporary style extension was made in 2020 to the cinder block wall, raising the privacy to about 6 ft.' Wrought iron fencing has been added to the front and back yards.Conveniently located near shopping, restaurants, and everyday amenities, this property offers a great combination of updates, space, and flexibility.Seller financing may be considered with 20% down, 6% interest, and a 5-year call.

3
BEDS
2
BATHS
1,582
SQFT
0.22
ACRES

High-yield investment opportunity with an 12% cap rate and owner financing available. This income-producing property offers multiple revenue streams on one parcel, including an updated duplex, an owned mobile home, and four additional mobile home pads with expansion potential. Duplex features a 1BR/1.5BA unit with walk-in closet and two fireplaces, plus a 3BR/2BA unit. Ideal for investors seeking immediate cash flow with future upside. Call for details.

6
BEDS
5
BATHS
2,867
SQFT
0.16
ACRES

1104 Alcazar Street NE, Albuquerque

Of Mesa Del Nort E Subdivision
$338,000
-$10,000

Don't miss this move-in-ready gem. At under two hundred dollars per square foot, this three-bedroom, two-bathroom home offers exceptional value. The fully updated kitchen features light wood cabinetry, butcher-block countertops, and a striking blue marble-style backsplash, with stainless steel appliances that all convey with the home. Refinished hardwood floors flow through the main living areas. A cozy family room with a brick fireplace adds warmth. The new refrigerated AC keeps the house comfortable through the hottest days. Outside, the private backyard includes raised garden beds, mature trees, and a storage shed. With a two-car garage and a convenient location near parks, schools, and shopping, this home is ready for its next chapter.

3
BEDS
2
BATHS
1,821
SQFT
0.19
ACRES

Income producing four-plex centrally located between Central and Lomas. Close to shopping, healthcare and entertainment. Unit rents are slightly below market rate and could produce additional income if raised to the market. 7.83 CAP, GRM 8.3 The building south at 336 Pennsylvania is also available and the seller's prefer to sell both 336 and 340 to the same buyer. Please do not walk the property or contact tenants. Photos are of a vacant unit and are a representation of the general condition of the units.

6
BEDS
3
BATHS
2,574
SQFT
0.16
ACRES

Fully occupied stabilized income producing four-plex centrally located between Central and Lomas. Close to shopping, healthcare and entertainment. Unit rents are slightly below market rate and could produce additional income if raised to the market. The building north at 340 Pennsylvania is also available and the seller's prefer to sell both 336 and 340 to the same buyer. Please do not walk the property or contact tenants.

6
BEDS
3
BATHS
2,574
SQFT
0.15
ACRES
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

Explore nearby subdivisions in Albuquerque Area

Looking beyond La Mesa Extension? These nearby subdivisions in the Albuquerque area have homes on the market now. Each one has its own character and price range, so comparing a few is the quickest way to find the right fit.

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