$550,000

$167/sqftactive

525 Mesilla Street SE 1-6, Albuquerque, NM 87108

0 days on market

Beds

Baths

Sqft

3,300

Lot

6,970 sqft

Built

1950

Type

multi family

About This Property

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.

Features & Amenities

Free Standing Electric Range

Refrigerator

Tile Flooring

1 Story

2 Parking Spaces

Subdivision: Emil Mann Add

Property Details

MLS #	1107989
Property Type	multi family
Year Built	1950
Heating	Baseboard
Cooling	EvaporativeCooling
Lot Size	6,970 sqft
Property Tax (est.)	$2,256/yr ($188/mo)
Price / Sqft	$167
Status	Active
Days on Market	0

About Nob Hill → Full Guide

Price vs. Neighborhood

This home

$550,000

Nob Hill median

$398,000

38% above the Nob Hill median. Homes here sell in an average of 31 days.

Commute Times

Unm

5 min

Downtown

10 min

Abq Studios

20 min

Sandia Labs

20 min

Kirtland Afb

15 min

Presbyterian

12 min

Intel Rio Rancho

35 min

Nearby Schools

Monte Vista Elementary

K-5 · APS

6/10

Jefferson Middle School

6-8 · APS

5/10

Highland High School

9-12 · APS

5/10

UNM (University of New Mexico)

Higher Ed · State

Neighborhood Guide

Explore Nob Hill

Eclectic & Walkable

Listing courtesy of LPT Realty. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.