616 & 618 Mesilla Street Se, Albuquerque, NM 87108
Local realty services provided by:CENTURY 21 Camco Realty
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:1 day(s) ago
- Updated:August 04, 2026 at 11:20 AM
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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