Homes for Sale in 87108 Zip Code (Albuquerque, NM)

723 Guaymas Place NE, Albuquerque

Welcome to this charming single-story gem with 3 bedrooms, 2 bathrooms, and subtle Southwestern architectural details. The living room features rich tongue-and-groove ceilings, exposed vigas, and a wood burning kiva fireplace. The efficient kitchen comes equipped with a gas range, a skylight for natural light, and a built-in desk ideal for home organization. Enjoy comfortable living with updated carpet, plus the added bonus of the refrigerator, washer, and dryer all staying with the home. Step outside to a covered custom-built back deck perfect for entertaining or unwinding. A handy storage shed provides a space for backyard storage. The 1-car garage has a unique dedicated craft/storage room complete with a sink. The 2-car carport provides additional covered parking. Centrally located, just minutes from shopping and dining in Albuquerque's Uptown area, with quick access to I-40, Kirtland AFB, and Sandia National Labs. Schedule your showing today!

701 Cardenas Drive SE, Albuquerque

Priced to sell fast. Great opportunity at 701 Cardenas SE! Ideally located and recently remodeled, this property offers a fresh, updated feel with exciting potential. Remodel includes but not limited to over $50,000 in new windows and doors. The split-pad configuration creates a unique opportunity for flexible use and future possibilities. Convenient location with easy access to nearby shopping, dining, services, and major routes. A must-see property with versatility and potential!

300 Aliso Drive SE, Albuquerque

This adorable UNM south home sits on a corner lot across the street from Morningside Park and just a short walk from Wellesley Park. The Saltillo tile floors and darling, custom, wood-burning fireplace give this home a warm and cozy feel from the moment you enter. 3 quaint, colorful bedrooms and 2 baths provide the space you need to relax or tap into your creativity. Good size east-facing backyard with possible backyard access. Roof was replaced in 2021, water heater replaced in 2023. Schedule your showing today!

1029 California Street SE, Albuquerque

**SELLER FINANCING OPPORTUNITY AVAILABLE!** Property is being sold as-is, with no repairs to be made by seller **SPACE, CHARACTER & AN OVERSIZED YARD! INVESTOR SPECIAL & GREAT CANDIDATE FOR RENOVATION LOAN! Welcome to a spacious 4-bedroom, 3-bath Albuquerque home with a basement offering even more flexibility for a home office, game room, gym, hobby space, or storage. Beautiful hardwood floors add warmth and character throughout.Outside, mature trees provide wonderful shade and an established feel, while the expansive backyard offers plenty of room to relax, entertain, or play. Gated RV access provides convenient space for recreational vehicles, trailers, or additional parking, and the covered patio is ideal for enjoying Albuquerque's beautiful weather.Additional highlights include double-insulated garage doors and a wired security system. Conveniently located near several neighborhood parks and less than a mile from the Kirtland Air Force Base Gibson Gate, this home offers a great combination of space, versatility, and accessibility in Southeast Albuquerque.This property is prime for renovation and ready for some TLC as it is being sold as-is condition. Whether you're looking to customize a home to fit your lifestyle, build equity through improvements, or take on your next investment project, there is plenty of potential here. An FHA/Conventional/VA 203(k) renovation loan may also be an option for qualified buyers, subject to lender, property, and program requirements. (Partner lender has program designed for this house as well as incentive to buyer!)

401 Fontana Place NE, Albuquerque

Welcome to 401 Fontana Place! Set on a desirable corner lot, this distinctive single-level home features five bedrooms, two bathrooms, two spacious living areas, and a two-car garage. Beautiful hardwood floors bring warmth and timeless character to the home, while the flexible floor plan offers abundant space for everyday living, a home office, or entertaining. Ideally located approximately 1.5 miles from the UNM campus and just half a mile from Nob Hill. Make this one your new home for the holidays!

1907 Anderson PL SE, Albuquerque

SPACE, CHARACTER & VALUE IN RIDGECREST! Nearly 2,400 SF with 4 bedrooms, a possible 5th/flex space, 3 baths --all now offered at $450,000. This versatile two-story home delivers the space today's buyers are looking for without sacrificing the character that makes Ridgecrest special.A main-level primary suite provides privacy and convenience, while multiple living areas, an upstairs loft and dedicated office/studio create endless possibilities for working from home, guests, hobbies, play space or multi-generational living. Classic coved ceilings, arched doorways, hardwood and Saltillo tile floors, Talavera accents and abundant natural light bring warmth and authentic Albuquerque charm throughout.Major improvements include REFRIGERATED AIR, thermal double-pane windows and a TPO roof replaced in 2022. Outside, mature trees, inviting patios and a walled backyard provide space to relax and entertain. All of this in an established Ridgecrest setting just minutes from Nob Hill, UNM, Kirtland AFB, Sandia Labs, parks, dining and shopping.If you've seen this home before, it's time to take another look!

304 Texas Street NE, Albuquerque

Great triplex with two long-term occupants! Vacant 1 bedroom perfect for an owner occupant or renter! Shaded courtyard entry with off-street parking. Closed storage at rear of property. Do not disturb tenants, walk through of units with accepted offers. Call listing agent with any questions. YTD operating expenses in documents. No wholesalers, no owner financing. Vacant unit is currently on the market for rent and is ready for immediate occupancy. T12 and YTD Income & Expense in MLS docs

801 California Street SE, Albuquerque

Welcome to this beautifully remodeled Albuquerque home that has been thoughtfully updated with a fresh modern feel! Step inside to find new flooring and carpet, updated fixtures, New bathrooms and fresh paint throughout. The open kitchen with natural light features new stainless steel appliances and a clean updated look that flows seamlessly into the living spaces. A brand-new A/C unit adds comfort and peace of mind. With tasteful updates throughout. This home also sits on a corner lot with BACKYARD AND ALLY ACCESS! Freshly painted stucco and newly landscaped giving you amicable curb appeal and privacy. This home offers the perfect blend of style, comfort, and functionality. Don't miss the opportunity to make this beautifully refreshed home yours!

421 La Veta Drive NE, Albuquerque

Welcome to this charming and move-in-ready home offering a bright, functional layout with fresh finishes throughout. The kitchen features crisp white cabinetry, stainless steel appliances and ample counter space, opening to the main living areas for easy everyday living and entertaining. Beautiful wood flooring adds warmth to the spacious bedrooms and living spaces, while large windows bring in plenty of natural light. A generous enclosed bonus/sunroom provides additional flexible living space with easy access to the backyard. The property also offers a spacious two-car garage, covered patio area and a private backyard with mature landscaping and plenty of potential for outdoor enjoyment. Conveniently located with easy access to everyday amenities, this home offers comfort, functionality and room to make it your own.

620 San Pedro Drive SE, Albuquerque

This duplex property is suitable for owner-occupant. The 2 BR unit in the rear offers some yard space and the garage. Currently occupied.This duplex offers a 1BR unit and 2BR unit, both are 1BA. 2 detached garages in the rear are occupied by the tenants. 618 unit has new vinyl thermal windows, new vinyl and rebuilt bath plus new appliances. 620 unit has older thermal windows. Both units have had hardwood floors refinished in recent years. TPO roof is roughly 8 years old on both buildings. Both units are occupied. New electrical service in 2021.

545 Cardenas Drive SE # 12-A, Albuquerque

Here we have a total of -5- Rental Units in multiple Buildings on a single Lot as per the Bernalillo County Tax Bill. Some of the Units will need some work. The various Unit's Square Footage's are different. The entire complex is vacant and is to be SOLD AS-IS. Inquire for more detailed information.

1025 Valencia Drive SE APT 16, Albuquerque

Top-floor 1-bedroom, 1-bath condo in the gated Tres Caminos community offering 582 square feet and plenty of potential for the next owner. This second-story unit features a functional floor plan, abundant natural light, refrigerated central air, gas range, and a private balcony overlooking the community pool area. The property is ready for renovation and personalization, making it a great opportunity for an investor or buyer looking to create an affordable home of their own. Community amenities include an on-site laundry facility, common-area maintenance, exterior building maintenance, and front landscaping. Buyer to verify current HOA inclusions and community amenities. Conveniently located near shopping, dining, parks, Albuquerque International Sunport, Kirtland Air Force Base, the VA Hospital, and Sandia National Laboratories. Cash-only complex. Property is being sold As-Is.

620 San Pedro Drive SE, Albuquerque

This duplex offers a 1BR unit and 2BR unit, both are 1BA. 2 detached garages in the rear are occupied by the tenants. 618 unit has new vinyl thermal windows, new vinyl and rebuilt bath plus new appliances. 620 unit has older thermal windows. Both units have had hardwood floors refinished in recent years. TPO roof is roughly 8 years old on both buildings. Both units are occupied. New electrical service in 2021.

630 Alcazar Street SE, Albuquerque

4-unit multifamily investment located in a rapidly improving corridor of Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a strong cap rate, attractive cash-on-cash returns, and durable demand from long-term workforce tenants. The surrounding area has seen substantial momentum, including a brand-new public library and park, along with ongoing residential and mixed-use development nearby. These improvements support long-term appreciation while maintaining strong rental demand. Current tenants are stable, long-term residents, providing a solid foundation for consistent income.632 Alcazar is also listed for sale and can be bought together.

521 Kentucky Street SE, Albuquerque

Excellent investment opportunity! This well-maintained 4-plex at 521 Kentucky St SE generates $3,500 /month in gross rental income. Unit mix includes four 1 bed/1 bath units. Features include off-street parking, private enclosed courtyards. A turnkey addition to any investment portfolio with strong cash flow. 525 Kentucky St SE is also for sale and can be bought together.

525 Kentucky Street SE, Albuquerque

Excellent investment opportunity! This well-maintained 4-plex at 525 Kentucky St SE generates $2,300 /month in gross rental income. Unit mix includes four 1 bed/1 bath units. Features include off-street parking, private enclosed courtyards. A turnkey addition to any investment portfolio with strong cash flow.521 Kentucky St SE is also for sale and can be bought together.

632 Alcazar Street SE, Albuquerque

4-unit multifamily investment located in a rapidly improving corridor of Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a strong cap rate, attractive cash-on-cash returns, and durable demand from long-term workforce tenants. The surrounding area has seen substantial momentum, including a brand-new public library and park, along with ongoing residential and mixed-use development nearby. These improvements support long-term appreciation while maintaining strong rental demand. Current tenants are stable, long-term residents, providing a solid foundation for consistent income.630 Alcazar St SE is also for sale and can be bought together.

415 Virginia Street SE, Albuquerque

Excellent investment opportunity! This well-maintained 3-plex at 415 Virginia St NE generates $3,100/month in gross rental income. Unit mix includes three 2 bed/1 bath units. A turnkey addition to any investment portfolio with strong cash flow.411 Virginia St NE is also for sale and both properties can be bought together.

411 Virginia Street NE, Albuquerque

Excellent investment opportunity! This well-maintained 3-plex at 411 Virginia St NE generates $3,450/month in gross rental income. Unit mix includes three 2 bed/1 bath units. A turnkey addition to any investment portfolio with strong cash flow.415 Virginia St NE is also for sale and both properties can be bought together.

532 Palomas Drive SE, Albuquerque

Excellent investment opportunity! This well-maintained 4-plex at 536 Palomas Dr SE generates $3,214 /month in gross rental income. Unit mix includes four 2 bed/1 bath units. Features include off-street parking, private enclosed courtyards, newer windows, and newer stucco. A turnkey addition to any investment portfolio with strong cash flow.

4700 Crest Avenue SE, Albuquerque

Welcome home to this beautifully updated three bedroom, three bath gem in the heart of Ridge Crest, Albuquerque. Offering over 1800 square feet of thoughtfully flowing living space, this home boasts gorgeous hardwood floors and abundant character throughout. The updated kitchen shines with granite countertops, newer cabinetry, newer appliances, and a charming fireplace that adds warmth and ambiance to the heart of the home.Major systems have all been thoughtfully updated, including: New Water Heater, Newer windows, New Dishwasher, TPO Roofing, a brand new heating and cooling system and here's the showstopper: solar energy system will be fully paid off at closing that can dramatically reduce your electric bills; a rare bonus buyers will love.Step outside to a spacious backyard on a generous lot, perfect for entertaining or relaxing. There's also a one car garage and a good sized Tiled laundry room for everyday convenience. This home truly has it all: updated, efficient, and full of character.

401 & 405 Indiana Street SE, Albuquerque

Prime investment opportunity featuring two side-by-side fourplexes (8 total units)). Each 800 sq ft, 2-bed, 1-bath residence features an efficient floor plan with bright living space, full kitchen, and dedicated in-unit laundry hookups. This high-demand amenity eliminates shared laundry logistics, drives tenant retention, and supports premium rents.

609-641 Mesilla Street SE, Albuquerque

Exceptional opportunity to acquire a 57-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 9,41% 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 in come and reducing collection risk. The property has been well maintained by hands-on local owner who has taken pride in managementand up keep, resulting in solid operations and tenant stability. Investment Highlights: 57 total units (1BR/1BA & 2BR/1BA mix) Strong cap rate with in-place income. Voucher-backed tenants providing consistent revenue. Well-maintained asset with pride of ownershipLocated in a high-demand workforce housing area. This is a rare opportunity to acquire a cash-flowing multifamily asset with scale, stability, and flexibility in Albuquerque.

4100 Ridgeley Avenue NE, Albuquerque

Rare opportunity to build your new home on this lot in the heart of historic Nob Hill! Enjoy convenient access to shopping, local restaurants, UNM, hospitals, and all that the Nob Hill area has to offer, just a short walk away. All utilities are on the property except gas, which is located in the street. Curb cut and sidewalks are already in place, providing added convenience for future development. The possibilities are endless! Sellers will consider Owner Financing with 20% down payment. A fantastic opportunity to create a home in a vibrant, established neighborhood with location and convenience at your doorstep!

410 Adams Street NE, Albuquerque

STUNNING Single Story Home Located in Highly Desired NOB HILL Area! Brand NEW STUCCO + Newer TPO Roof! Upgraded Electrical Panel + Brand New Water Heater! Upgraded Dual Pane Windows! FRESH Two Tone Interior/Exterior Paint, New Waterproof Wood Laminate Flooring, PLUSH New Carpet, All New Baseboard, New Doors/Hinges/Hardware, New Outlets/Switches, New LED Lighting Package! UPGRADED Kitchen w/ New Shaker Style Cabinets, New GRANITE Countertops w/ Island Seating, Subway Tile Backsplash, New Faucet/Sink/Disposal, New STAINLESS STEEL Appliances! Upgraded Bathrooms w/ New Shower Valves/Trim Kits, Premium New Floor/Shower Surround Tile, New Toilets, New Vanities + Faucets! Oversized Garage w/ Brand New Door + Opener! New Concrete Driveway! LARGE Lot w/ Alley Access and Backyard Access for RV/TRAILER Parking + More! Plenty of Room for Possible ADU or Casita Build! Major Curb Appeal Here, SPOTLESS and MOVE IN Ready! Priced BELOW Comps! Seller May Help Buy Down Buyers Rate!

501-505 Mesilla Street SE, Albuquerque

This well-maintained 6-unit multifamily investment property offers an excellent opportunity to acquire a centrally located, income-producing asset with significant recent capital improvements. The property consists of two separately deeded triplexes at 501 and 505, which are being sold together, providing a total of approximately 4,248 square feet across six residential units.The property features a desirable mix of two 1-bedroom/1-bath units and four 2-bedroom/1-bath units, with functional floor plans and a courtyard-style configuration that appeals to tenants seeking convenience and affordability.Ownership has completed numerous improvements throughout the property. Recent upgrades include evaporative cooling, replacement windows in 501 B & C and 505 B, remodeled interiors in select units, durable tile flooring, recessed lighting, and 80% energy-efficient furnaces in select units. Roofing improvements include an ISO roof at 501 completed within approximately the last two years and a TPO roof at 505 completed within approximately the last seven years. All month to month tenants. Unit Mix501Unit A -- 571 SF | 1 BD / 1 BAUnit B -- 571 SF | 1 BD / 1 BAUnit C -- 833 SF | 2 BD / 1 BA505Unit A -- 704 SF | 2 BD / 1 BAUnit B -- 759 SF | 2 BD / 1 BAUnit C -- 810 SF | 2 BD / 1 BA -vacant needs renoTotal Building Area: Approximately 4,248 SFTotal Units: 6Current Monthly Rent: $6,281Annualized Current Rent: $75,372With an established income stream, substantial recent improvements, and a versatile unit mix, this property presents an attractive opportunity for an investor seeking an improved multifamily asset with continued income and long-term appreciation potential. Vacant unit needs renovation. From owner between $10-25k depending on preference to be rented.

428 Rhode Island Street NE, Albuquerque

Welcome home to 428 Rhode Island St. NE, a thoughtfully remodeled triplex in the heart of Albuquerque. These spacious 2-bedroom, 1-bathroom apartments deliver the ideal balance of modern style and everyday functionality. Enjoy sleek tile flooring throughout the main living areas, plush carpeted bedrooms for ultimate comfort, and sturdy security screens on all doors and windows for total peace of mind. Complete with dedicated on-site parking, this property makes effortless living standard.

510 Mesilla Street SE 1-4, Albuquerque

Great opportunity for an investor looking to add a four-unit property to their portfolio. This multifamily property features four 2-bedroom, 1-bath units, each offering a practical floor plan and its own private patio.Each unit has one designated parking space, while the property also offers the convenience of private outdoor space for residents. Heating is provided by wall-unit heaters, with swamp coolers located on the roof for cooling. The property does not currently offer on-site laundry.The roof has been recently serviced, although its exact age is unknown. The units have not had recent updates, providing an investor with the opportunity to improve and modernize the property while potentially increasing rents and long-term value.A solid opportunity for an investor seeking a multifamily property with four separate income-producing units and potential upside through future improvements.Pet deposit:$250 pet fee non-refundable$30 pet monthly pet rentRent amounts:-Unit A&D $960-Unit B $979 & starting 9/1 $1009-Unit C $979 plus pet rent $25Late fee:5% of rentRoofing proposal (work is completed, proposal attached):$6,075

332 Valverde Drive SE, Albuquerque

Modern, versatile, and ideally located near Nob Hill, this stylish townhome offers beautiful mountain and sunset views with easy access to UNM, Downtown, restaurants, shopping, and the Sunport--and **no HOA fees**. Ideal for a sole practitioner looking for the perfect live/work option! Zoned MX-T, the upper level features high ceilings and an open floor plan, with a modern kitchen flowing into spacious living and dining areas. The comfortable primary suite provides a relaxing retreat with a soaking tub. The flexible entry level includes a second bedroom/office, plus an additional room that could serve as a third bedroom, family room, or office/conference room/treatment space. Fresh interior paint, new carpet, modern appliances, and refrigerated air make the home comfortable and move-in ready - PLUS $2,000 seller credit with acceptable offer. Outside, enjoy a private backyard with an open patio, or head to the deck to take in the sunset and mountain views. An attached two-car garage completes this inviting, low-maintenance Albuquerque home.

533 Valencia Drive SE, Albuquerque

This well-maintained, charming courtyard-style triplex offers a unique combination of residential character, walkability and investment upside. Mature landscaping, brick walkways and an inviting shared colonnade courtyard give the property a warm residential feel, while off-street parking and private patio space add convenience and privacy.Solatube tubular skylights bring abundant natural light into the residences, creating bright and welcoming interiors. The property also offers dedicated buried tool and storage areas, providing additional secure storage for owner use.The owner has made a number of recent improvements, including a new roof in 2022, new driveways and sidewalks in 2024, and interior renovations.Apartment 533 #6 has been fully renovated and includes a dedicated laundry room with a built-in clothing rack. Additional units offer varying laundry amenities, including washer and washer/dryer hookups.From an investment perspective, there is meaningful room for continued income growth. Current rents average approximately $825, compared with projected market rents of approximately $975, providing an opportunity to increase revenue as rents move toward market.With a start price of $331,592, the property currently offers an 11.16 GRM and 6.11% cap rate, with additional upside as rents are brought closer to market.The owner also owns the adjoining property at 537 Valencia SE, creating an opportunity for a buyer interested in expanding their investment beyond this triplex.Residents are within walking distance of parks, restaurants and retail while enjoying the character and privacy of an established neighborhood.This is the type of property that feels more like housing than apartments--a quality many residents value and one that helps distinguish it from more traditional multifamily properties.Don't miss this opportunity to acquire a distinctive Albuquerque triplex with existing income, recent capital improvements and a clear path for future rent growth.