Primary listing photo
Listing photo 2
Listing photo 3

501 Mesilla St SE, Albuquerque, NM, 87108

4beds
3baths
--sqft
$280,000
--price/sqft
$1,877/moest. monthly cost
$75,080/yrincome needed

About This Home

This well maintained 3-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 units #B & #C, 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.

Getting Around

68
WalkingSomewhat Walkable
41
TransitSome Transit
64
BikeBikeable

Schools

5/10
Emerson Elementary SchoolGrades PK-50.3 mi
2/10
Van Buren Middle SchoolGrades 6-80.3 mi
2/10
Highland High SchoolGrades 9-121.5 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1963

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Evaporative Cooling

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 101905608745621223
  • Zoning description: R-2

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 6,969 sqft