About 613 Mesilla Street Se
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.
Residential Income property for sale in Albuquerque, NM at 613 Mesilla Street Se. This 14 bedroom Residential Income property is priced at $186/sqft
Features of 613 Mesilla Street Se
| MLS® # | 1105932 |
|---|---|
| Price | $1,190,000 |
| Bedrooms | 14 |
| Bathrooms | 14.00 |
| Square Footage | 6,408 |
| Acres | 0.28 |
| Year Built | 1974 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information: Albuquerque
| Address | 613 Mesilla Street Se |
|---|---|
| Area | 71 - Southeast Heights |
| Subdivision | Emil Mann Add |
| City | Albuquerque |
| County | Bernalillo |
| State | NM |
| Zip Code | 87108 |
Amenities of 613 Mesilla Street Se
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Features | Deck/Porch, Storage Facilities |
| Is Waterfront | No |
| Has Pool | No |
Interior of 613 Mesilla Street Se
| Interior | Carpet, Laminate, Tile, Vinyl |
|---|---|
| Appliances | Refrigerator |
| Heating | Forced Air |
| Cooling | Evaporative Cooling |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior of 613 Mesilla Street Se
| Exterior Features | Landscaping |
|---|---|
| Construction | Adobe |
Additional Information On 613 Mesilla Street Se
| Date Listed | June 20th, 2026 |
|---|---|
| Days on Market | 75 |
| RE / Bank Owned | No |
Listing Details
| Office | Trinity Apartment Company LLC |
|---|