$1,397,298

$218/sqftactive

613 Mesilla Street SE, Albuquerque, NM 87108

0 days on market

Beds

Baths

Sqft

6,408

Lot

12,371 sqft

Built

1974

Type

multi family

About This Property

Exceptional opportunity to acquire a 14-unit apartment portfolio located in Albuquerque's strong workforce housing sector. The property features a well-balanced unit mix of 1-bedroom/1-bath and 2-bedroom/1-bath units, catering to consistent rental demand in a high-occupancy submarket.This asset offers immediate and stable cash flow, operating at an 7.70% cap rate, making it an attractive option for both seasoned and entry-level multifamily investors seeking yield in today's market.A significant portion of the tenant base is supported by housing voucher programs, providing reliable, government-backed rental income and reducing collection risk. The property has been well maintained by a hands-on local owner who has taken pride in management and upkeep.

Features & Amenities

Landscaping

Refrigerator

Carpet Flooring

Laminate Flooring

Tile Flooring

Vinyl Flooring

2 Stories

Subdivision: Emil Mann Add

Property Details

MLS #	1105932
Property Type	multi family
Year Built	1974
Heating	ForcedAir
Cooling	EvaporativeCooling
Lot Size	12,371 sqft
Property Tax (est.)	$8,042/yr ($670/mo)
Price / Sqft	$218
Status	Active
Days on Market	0

About Nob Hill → Full Guide

Price vs. Neighborhood

This home

$1,397,298

Nob Hill median

$375,000

273% 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 Trinity Apartment Company LLC. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.