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616 & 618 Mesilla Street Se, Albuquerque, NM 87108

Albuquerque
Local realty services provided by:CENTURY 21 Champions, Inc.
616 & 618 Mesilla Street Se,Albuquerque, NM 87108
$444,272
  • 2 Beds
  • 4 Baths
  • 2,218 sq. ft.
  • Multi-family
  • Active
Listed by: trey w. whaley, karen eugenia amaro
Office: trinity apartment company llc.
MLS#:1108479
Source:NM_SWMLS

Price summary

  • Price:$444,272
  • Price per sq. ft.:$200.3

About this home

Exceptional opportunity to acquire a 6-unit apartment portfolio located in Albuquerque's strong workforce housing sector. The property features a well-balanced unit mix of studios/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 8.74% caprate, 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 income and reducing collection risk. The property has been well maintained by a hands-on local owner who has taken pride in management and upkeep, resulting in solid operations and tenant stability.

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Home facts

  • Year built:1946
  • Listing ID #:1108479
  • Added:87 day(s) ago
  • Updated:October 30, 2026 at 04:11 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:4
  • Flooring:Carpet, Laminate, Tile, Vinyl
  • Kitchen Description:Built-In Gas Range, Refrigerator
  • Living area:2,218 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan, Evaporative Cooling
  • Heating:Wall Furnace

Structure and exterior

  • Year built:1946
  • Building area:2,218 sq. ft.
  • Lot area:0.31 Acres
  • Construction Materials:Stucco
  • Exterior Features:Landscaping
  • Levels:1 Story

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$444,272
  • Price per sq. ft.:$200.3
  • Tax amount:$8,042

Features and amenities

  • Appliances:Refrigerator

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