525 Mesilla St SE #1-6, Albuquerque, NM, 87108
About This Home
Turnkey, fully occupied 6-unit investment opportunity! This professionally renovated 6-plex features six updated 1BR/1BA units with modern kitchens, tiled showers, LVT flooring, and fresh finishes throughout. Recent capital improvements include new mechanical systems and commercial-grade centralized gas tankless water heaters, helping minimize future maintenance. Strong in-place cash flow with approximately 7.6% cap rate at the current list price and excellent rental history. Ideal for investors seeking a stabilized, low-maintenance asset with immediate income. Please do not walk the property or disturb tenants. Showings by appointment only.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1950
Materials
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Free-Standing Electric Range,Refrigerator
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
Features
- Flooring: Tile
Heating & Cooling
- Heating features: Baseboard
- Cooling features: Evaporative Cooling
Interior Area
- Total structure area: 3,300
- Total interior livable area: 3,300 sqft
Property
Details
- Parcel number: 101905608842621206
- Zoning description: R-ML*
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 6,969 sqft
Parking
- Total spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Earthquake
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Bernalillo County and New Mexico
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,781 | $33,372 |
| Home Insurance * | $116 | $1,392 |
| Property Taxes | $389 | $4,668 |
| Electricity | $234 | $2,815 |
| Total | $3,520 | $42,240 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-10 | Price change | $544,500 |
| 2026-07-27 | Listed for sale | $550,000 |
View on Zillow