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$430,000

$159/sqftactive

510 Mesilla Street SE 1-4, Albuquerque, NM 87108

0 days on market

Beds

2

Baths

1

Sqft

2,700

Lot

6,850 sqft

Built

1960

Type

multi family

About This Property

Great opportunity for an investor looking to add a four-unit property to their portfolio. This multifamily property features four 2-bedroom, 1-bath units, each offering a practical floor plan and its own private patio.Each unit has one designated parking space, while the property also offers the convenience of private outdoor space for residents. Heating is provided by wall-unit heaters, with swamp coolers located on the roof for cooling. The property does not currently offer on-site laundry.The roof has been recently serviced, although its exact age is unknown. The units have not had recent updates, providing an investor with the opportunity to improve and modernize the property while potentially increasing rents and long-term value.A solid opportunity for an investor seeking a multifamily property with four separate income-producing units and potential upside through future improvements.Pet deposit:$250 pet fee non-refundable$30 pet monthly pet rentRent amounts:-Unit A&D $960-Unit B $979 & starting 9/1 $1009-Unit C $979 plus pet rent $25Late fee:5% of rentRoofing proposal (work is completed, proposal attached):$6,075

Features & Amenities

Ceiling Fans
Patio
Built In Gas Range
Convection Oven
Refrigerator
Tile Flooring
Vinyl Flooring
1 Story
4 Parking Spaces
Subdivision: Mann Add

Property Details

MLS #1109913
Property Typemulti family
Year Built1960
HeatingWallFurnace
CoolingEvaporativeCooling,CeilingFans
Lot Size6,850 sqft
Property Tax (est.)$4,409/yr ($367/mo)
Price / Sqft$159
StatusActive
Days on Market0

About Nob Hill → Full Guide

Price vs. Neighborhood

This home

$430,000

Nob Hill median

$395,000

9% 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 Realty One of New Mexico. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.

Katey Taylor

Katey Taylor

Lead Agent & Team Founder

(505) 974-9701

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Quick Facts

Est. Tax$367/mo
HeatingWallFurnace
CoolingEvaporativeCooling

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