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(505) 397-1979
(505) 397-1979 Email (505) 397-1979
Margaret Smith
REALTOR®
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501-505 Mesilla Street Se, Albuquerque, NM 87108

$560,000
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  • 501-505 Mesilla Street Se, Albuquerque, NM 87108 Main Photo

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New to the Market Active
BEDS10 BATHS MLS#1103106
STATUSActive PROPERTY TYPEMulti Unit - Multiple
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Property Description

This well maintained 6-unit investment property offers an excellent opportunity to own a centrally located income-producing asset with numerous recent capital improvements. Recent updates include a new roof, fascia, & evaporative cooler, completed appx 1.5 years ago, and new windows in 501 B & C, & 505 B, improving energy efficiency & tenant comfort. Several units feature tasteful remodeling & modern upgrades, including durable tile flooring, recessed lighting, and 80% energy-efficient furnaces in select units. Functional floor plans & courtyard-style layout appeal to tenants seeking convenience & affordability. Whether you're expanding your investment portfolio or entering multifamily ownership, this property offers strong income potential with meaningful upgrades.

501-505 Mesilla Street Se | MLS# 1103106

This multi-family property located at 501-505 Mesilla Street Se, Albuquerque, NM 87108 is currently listed for sale with an asking price of $560,000. Search Albuquerque real estate on margarets.cblegacy.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Evaporative Cooling
Heating: Forced Air
Lot Size: 0.16 Acres
Stories: 1.0
Taxes: $2,735
Year Built: 1963

Feature Descriptions

Accessibility: None
Flooring: Tile
Parcel#: 101905608745621223
Units: 6
Utilities: Electricity Connected, Natural Gas Connected

Listed By / Shown By

Listed By

Agency Name: Real Broker, LLC
Agency Phone: (505) 557-4976

Shown By

Agent Name: Margaret Smith
Agent Phone: (505) 397-1979
Agency Title: Coldwell Banker Legacy

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Estimated Payment

$ 1,637.57 per month $1,246.32 Principal & Interest $227.92 Property Tax $163.33 Homeowner's Insurance

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Margaret Smith
Margaret Smith Office: (505) 292-8900 Cell: (505) 397-1979 Email Me
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/08/2026. The listing information on this page last changed on 05/08/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 05/08/2026 10:51:05 AM EST) or SWMLS (last updated Fri 05/08/2026 9:56:23 AM EST) or Santa Fe MLS (last updated Fri 05/08/2026 10:14:48 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Legacy may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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