- $265,999
- 4Bd
- 2Ba
- 1,386 Sq Ft
87116 Real Estate & 87116, NM Homes For Sale | Page 3
222 Homes
87116, NM Homes for Sale
Welcome to this spacious 4 bedroom, 2 bath home offering an inviting layout and thoughtful updates throughout. This many bedrooms and size of home does not come around often! In recent years, the seller has updated the kitchen, refreshed the interior with new paint, and removed all carpeting for a cleaner, low-maintenance feel. The generous living area flows into the dining space, creating a comfortable setting for everyday living and entertaining. The kitchen offers a functional layout with plenty of storage. Outside, the spacious yard provides room to relax, entertain, garden, or create your own outdoor retreat. With its flexible floor plan, recent improvements, and convenient SE Albuquerque location, this home is ready for its next owner to make it their own.
- $240,000
- 4Bd
- 2Ba
- 1,448 Sq Ft
$10K
87116, NM Homes for Sale
This charming 2 bedroom, 1 bathroom home offers approximately 900 square feet of comfortable living space in a convenient central location near Nob Hill, UNM, shopping, dining, and everyday amenities. Major improvements include a fully upgraded electrical panel completed in 2025 and a new water heater installed in 2026. The dryer was also purchased in 2025. The property features a one car garage and a spacious backyard with plenty of possibilities. Currently tenant occupied on a month to month lease. All appliances convey in their current condition with no expressed or implied warranties. Schedule your showing today!
- $299,000
- 2Bd
- 1Ba
- 927 Sq Ft
$16K
87116, NM Homes for Sale
This well-kept and maintained mobile home offers affordable living in a great community! This 2-bedroom, 2-bathroom home has new carpet and vinyl flooring throughout. Nearby you'll enjoy a community center, tennis and basketball courts, a dog park, and even a community pool! Washer, dryer, fridge & shed convey. Home is on a land lease.
- $62,000
- 2Bd
- 2Ba
- 828 Sq Ft
$3K
87116, NM Homes for Sale
Beautifully maintained home, located in Juan Tabo Hills. Open kitchen to great room, beautiful primary bed and bath. Kitchen has custom built shelving for extra storage. Separate room for office. Easy access to Kirtland Air Force Base. Landscaped front and back yard.
- $399,000
- 3Bd
- 2Ba
- 1,535 Sq Ft
$6K
87116, NM Homes for Sale
Welcome to this great investment opportunity! This is subject to bank approval and accepting cash only offers. There are many possibilities with this property! Being sold as-is.
- $200,000
- 3Bd
- 3Ba
- 2,094 Sq Ft
$50K
87116, NM Homes for Sale
The property features two-story town home style apartments, which are separately metered for gas and electric and come with bonus, updated detached storage closets. All apartments offer pragmatic floor plans that are significantly larger than other apartments in the submarket. Residents enjoy spacious, multi-functional living areas, galley kitchens with all appliances (including dishwashers), separate utility rooms with full size washers / dryers, and private outdoor living spaces. 804 & 808 Ortiz offers 2 bed / 1 bath floorplans while 812 Ortiz offers two 3 bed 1.5 bath floor plans and two 2 bed / 1 bath floor plans. Secured access courtyards provide lots of additional landscaped outdoor space for residents to enjoy. Many of the apartments have been completely renovated as well - with new appliances, new luxury vinyl plank & tile flooring, and new fixtures and finishes throughout. At list price, the Seller is open to seller financing with a 15% down payment, and 6% interest rate, 30 year amortization and 5 year call. A larger down payment can increase or extend the balloon period.Located on a vastly improved block with quick and easy access to parks, shopping, Nob Hill, I-40, Kirtland Air Force Base, and the new Albuquerque Community Services Headquarters. This unique 12-unit compound is the rare offering of flexible, multi-generational living opportunities, a solid income generating community with further value add potential, and quality secure, townhome style housing in an improving neighborhood.Metrics of investment performance at the ask price of $1,424,506 include a price per sf of $129, a price per unit of $118,709, and with current rents at $1,134 per month, it generates a GRM of 8.73, a cap rate after reserves of 6.86% and an after tax IRR of 15.10%.
- $1,424,506
- 5Bd
- 3Ba
- 9,650 Sq Ft
87116, NM Homes for Sale
Price Improvement! Diamond in the rough! Great home in wonderful Ridgecrest area. Unique 2 Bedroom Brick Home. Large living room with wood burning fireplace and 2 closets add additional storage. Living room area could accommodate a Rear Dinning area. Just a few steps further past the sliding glass door you'll be in the sunroom or maybe your office. Another glass door from the Sunroom will take you to a big patio Huge eat in Kitchen has lots of cabinets and walk in pantry. New Fridge, dishwasher, separate built in Oven and stove top. New Barn doors allow for ez entry to Full Bathroom, Master Closet and Pantry. Openings can accommodate a wheel chair. Bedrooms have hardwood floors, plenty of closet space and windows to let our NM sunshine in. The full bath has shower and separate bath tub. The Half bath by the Kitchen works great for dinner guest. Laundry area is located in the Garage. This Home has lots a great qualities and has good bones. Just needs some TLC. Come take a look at this one before it's gone.
- $339,000
- 2Bd
- 2Ba
- 1,778 Sq Ft
$8K
87116, NM Homes for Sale
Excellent investment opportunity! This well-maintained 4-plex offers a desirable unit mix with two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, providing broad rental appeal. Major updates include a TPO roof with transferable warranty, newer fencing, and refreshed stucco surfaces for added curb appeal and peace of mind. Inside, all units feature easy-care flooring with no carpet and all-electric systems for simplified maintenance and repairs. Each unit includes a stove and refrigerator, with select units offering washer hookups for added tenant convenience. A fantastic opportunity to expand your portfolio with a property designed for long-term value and low-maintenance ownership.
- $349,900
- 3Bd
- 2Ba
- 2,500 Sq Ft
87116, NM Homes for Sale
Welcome to this stunning maintained 3-bedroom, 2.5-bath home situated on a spacious 0.27-acre lot. From the moment you arrive, you'll appreciate the inviting curb appeal and thoughtful layout designed for comfortable everyday living. Step inside to discover a bright and welcoming interior filled with abundant natural light from multiple skylights throughout the home. The easy-flowing floor plan offers three spacious living areas, providing plenty of room for relaxing, entertaining, or creating a home office, game room, or flex space. The beautifully appointed kitchen is the heart of the home and features stunning quartzite countertops, a gas cooktop, built-in oven, built-in microwave, and the convenience of two dishwashers--perfect for those who love to cook and entertain. The spacious primary suite includes its own private 3/4 bath, while the home also offers a full guest bath and a convenient half bath for visitors. Step outside to your own backyard oasis. Enjoy the low-maintenance artificial turf, a large covered patio ideal for outdoor dining and gatherings, and plenty of space to relax or entertain. With its generous lot size, functional floor plan, and warm, inviting feel, this home truly offers something for everyone. Truly a great place to call home!
- $735,000
- 3Bd
- 3Ba
- 2,885 Sq Ft
$15K
87116, NM Homes for Sale
Rare Live-Work Retail OpportunityHome is 1250heated SF and Ware house retail area is 1600sf A unique opportunity in the heart of Albuquerque's vibrant Nob Hill district. This versatile live-work property combines character, functionality, and visibility in one of the city's most desirable neighborhoods. Ideal for retail, office, studio, gallery, professional services, or a mixed-use owner-user concept.The flexible floor plan offers abundant natural light, open workspace areas, private offices, storage, and support space, allowing a variety of business and creative uses. With strong surrounding demographics, excellent street presence, and convenient access to Downtown, UNM, Nob Hill shopping, dining, and entertainment, this property is positioned to serve both owner-occupants and investors alike.Currently this is a 2 bedroom Home of about 1250sf Upstairs and 1250 sf of retail heated and cooled below with an additional 450sf 2 car garage.
- $450,000
- 2Bd
- 3Ba
- 2,525 Sq Ft
$100K
87116, NM Homes for Sale
700 Dakota St SE is a one-story Albuquerque corner home with a functional layout and modern finishes throughout. The kitchen features a center island, creating a well-equipped space for cooking and entertaining. A fireplace anchors the main living area, adding warmth and ambiance to the central gathering space. A covered patio extends the living space outdoors, with an additional patio flowing to a fully fenced backyard that creates ample room for relaxation and entertaining. A two-car garage completes this well-maintained residence with practical amenities and comfortable living spaces throughout every room.. Included 100-Day Home Warranty with buyer activation
- $300,000
- 3Bd
- 2Ba
- 1,902 Sq Ft
Open WED 08-7
87116, NM Homes for Sale
Stunning custom Four Hills home with breathtaking views! Over $150K in upgrades and remodeling, plus seller-owned solar (Pearl Certified) for maximum efficiency! This bright, open layout is filled with natural light and features spacious living areas, a dining space, and three large bedrooms. Relax in the living room, cook in the gourmet remodeled kitchen with a large bar island, or step onto the expansive 27' x 26' view deck. Wake up to unparalleled views in the luxurious primary suite featuring a three-way fireplace, spa-like ensuite with a jetted tub, walk-in shower, double sinks, and walk-in closet. Downstairs offers a heated office/bonus room, two-car garage, and two-car covered carport. This home offers one-level living with easy street access. Near open space, the Canyon Club & golf course, I-40 access, and Kirtland AFB. This home is a must-see!
- $614,970
- 3Bd
- 2Ba
- 3,001 Sq Ft
87116, NM Homes for Sale
Exceptional opportunity to acquire a 8-unit apartment portfolio located in Albuquerque's strong workforce housing sector. The property features a well-balanced unit mix of 1-bedroom/1-bath , catering to consistent rental demand in a high-occupancy submarket.This asset offers immediate and stable cash flow, operating at an 9.91% 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, resulting in solid operations and tenant stability
- $704,000
- 3Bd
- 3Ba
- 2,716 Sq Ft
87116, NM Homes for Sale
4-unit multifamily investment located in a rapidly improving corridor of Northeast Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a high cap rate, strong cash-on-cash returns, and durable demand from long-term workforce tenants.The surrounding neighborhood has seen substantial momentum, including a brand-new public library and park, along with ongoing residential and mixed-use construction nearby. These improvements support long-term appreciation while maintaining strong rental demand.The asset is a C-class, workforce housing property, which historically performs well through market cycles due to affordability, necessity-driven demand, and tenant longevity. Current tenants are stable, long-term residents.
- $325,000
- 5Bd
- 4Ba
- 2,760 Sq Ft
87116, NM Homes for Sale
Excellent investment opportunity! This well-maintained 4-plex at 209 General Stilwell NE generates $4,350/month in gross rental income. Unit mix includes three 2 bed/1 bath units and one 1 bed/1 bath unit. Features include off-street parking, private enclosed courtyards, newer windows, and newer stucco. A turnkey addition to any investment portfolio with strong cash flow.
- $415,000
- 5Bd
- 3Ba
- 3,120 Sq Ft
87116, NM Homes for Sale
Welcome home to this charming two-story, 2-bedroom, 1-bath condo offering comfort and low-maintenance living. Fresh paint throughout enhances the bright and inviting feel of the home. The thoughtful floor plan features accent walls and a spacious living area. The kitchen comes equipped with stainless steel appliances. Step outside to a fenced backyard perfect for relaxing, entertaining, or giving pets their own outdoor space. Conveniently located with easy access to shopping, dining, parks, Kirtland Air Force Base, UNM, and major commuter routes, this home offers both comfort and convenience.
- $155,000
- 2Bd
- 1Ba
- 912 Sq Ft
$5K
87116, NM Homes for Sale
Offered at $525,000, this well-maintained triplex features two spacious 2bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each residence includes a large kitchen and an in-unit washer and dryer, while the 1-bedroom unit also offers a dishwasher and cozy fireplace. This is an attractive investment opportunity with practical layouts and desirable amenities for tenants.
- $525,000
- 3Bd
- 2Ba
- 2,734 Sq Ft
87116, NM Homes for Sale
Excellent investment opportunity! This well-maintained 4-plex at 205 General Stilwell NE generates $4,025/month in gross rental income. Unit mix includes three 2 bed/1 bath units and one 1 bed/1 bath unit. Features include off-street parking, private enclosed courtyards, newer windows, and newer stucco. A turnkey addition to any investment portfolio with strong cash flow.
- $415,000
- 5Bd
- 3Ba
- 3,120 Sq Ft
87116, NM Homes for Sale
Exceptional opportunity to acquire a 6-unit apartment portfolio located in Albuquerque's strong workforce housing sector. The property features a well-balanced unit mix of studios/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 8.74% caprate, 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, resulting in solid operations and tenant stability.
- $444,272
- 2Bd
- 4Ba
- 2,218 Sq Ft
87116, NM Homes for Sale
Exceptional opportunity to acquire a 13-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 8.35% 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, resulting in solid operations and tenant stability
- $1,144,491
- 9Bd
- 7Ba
- 6,896 Sq Ft
87116, NM Homes for Sale
Opportunity to Own a Fully Rented 4-Plex! This income-producing property brings in $3,616 in monthly rents across four units. Three of the four units have been updated, and all units are in good condition, offering solid long-term rental appeal. The roof is newer, and property is well maintained. Brand new water line 2025! A great investment for steady cash flow and future upside!
- $399,000
- 4Bd
- 4Ba
87116, NM Homes for Sale
Open House, Saturday 11/7 11-3pm. Price reduced with many updates still included, and Land is owned. Welcome to Towne Park, a wonderful mature well kept gated community. This home is MOVE IN READY and a one of a kind, you will love the open and bright floorplan offered by this property. It is 1152 SQF, which includes 3 bedroom, 2bath, 2 car attached garage. Enough room on the drive way to park 2 cars without partially in the street. Beautiful flooring throughout,, upgraded counter tops, large living area, wood burning fireplace, skylights and vaulted ceilings. Both bathrooms updated. Very pleasant backyard for your green thumb with a covered patio, you'll enjoy entertaining your guests in this peaceful serene backyard. Lots of updates by the Seller, new roof 2024 , new windows, added refrigerated air/heatunit in 2022, new water heater, replace all original flooring with beautiful tile and laminate throughtout. Land is owned! The community includes 2 large parks, 2 swimming pools, walking trails and clubhouse which is available for personal use, gym and library.
- $324,900
- 3Bd
- 2Ba
- 1,152 Sq Ft
$10.1K
87116, NM Homes for Sale
Turnkey investment opportunity with all units fully rented! This recently updated property features a new TPO roof, mini-split systems in every unit, new windows, fresh paint, and new doors throughout. A low-maintenance, income-producing property that's ready to add to your investment portfolio.
- $299,000
- 3Bd
- 3Ba
- 1,784 Sq Ft
- $278,000
- 2Bd
- 2Ba
- 1,412 Sq Ft
$22K
87116, NM Homes for Sale
Great price and great income potential with this spacious, move-in ready townhome that offers room to spread out and exceptional updates throughout! Major improvements include a new HVAC system and TPO roof w/ transferable warranty (2020), new sewer line (2023), LeafGuard seamless gutters (2021), and a new gas range (2020). The stunning $20,000 primary bath remodel by Paul Davis features a luxurious oversized shower and EPLO smart toilet. 2026 all interior just painted and new interior doors too! With 4 generous bedrooms, a formal dining room or office, an oversized laundry/hobby room, cozy kiva fireplace, private corner-lot yard with turf, patio and storage shed, plus an upper balcony, RV parking with hookup, and a prime location near Starbucks, I-40 and shopping, this home truly has it all!
- $309,995
- 4Bd
- 3Ba
- 2,277 Sq Ft
$15K
87116, NM Homes for Sale
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.
- $525,000
- 1Bd
- 1Ba
- 3,300 Sq Ft
$4.65K
87116, NM Homes for Sale
Great Location and Investment Opportunity. *** PLEASE DO NOT DISTURB OR TALK WITH TENANTS! Thank you! *** Both units are leased and property is in good condition as well. Large Garages and extra storage space for each unit. Easy access with plenty of space. Thank you.
- $295,000
- 2Bd
- 2Ba
- 1,610 Sq Ft
87116, NM Homes for Sale
TRI-PLEX Building, Roof and Property are all in good condition.*** PLEASE DO NOT DISTURB OR TALK WITH TENANTS*** Thank you! *** Total Units is 3; All Units have 2 bedrooms and 1 bath with a small storage. Each Unit also has 1 parking space and a front yard area. Back door has a 5x12 feet area.
- $395,000
- 2Bd
- 1Ba
- 2,320 Sq Ft
87116, NM Homes for Sale
UNBEATABLE CONVENIENCE & SPACIOUS LIVING IN CENTRAL ALBUQUERQUE!Welcome to 1017 Georgia Street SE, a charming single-story residence offering 2,177 sq. ft. of versatile living space in one of Albuquerque's most central and accessible pockets. Whether you're commuting across town, heading to nearby employment hubs, or exploring the city's vibrant dining and shopping scenes, this location delivers effortless access to major thoroughfares, including I-40, Louisiana Blvd, and Gibson Blvd.PROPERTY HIGHLIGHTS:Generous Layout: 3 spacious bedrooms and 2 full bathrooms, perfect for comfortable daily living, a home office setup, or hosting guests.Warm & Welcoming: Features a classic fireplace as the focal point of the living space, creating an inviting atmosphere year-round.Functional Extras: Includes a 1-car attached garage for parking and storage, situated on a manageable 0.17-acre lot with low-maintenance outdoor spaces.Prime Location: Enjoy close proximity to UNM, Nob Hill dining, local schools (Emerson Elementary, Van Buren Middle, Highland High), parks, and essential everyday shopping.Perfect for buyers looking for a central retreat with plenty of room to spread out without sacrificing quick commute times. Schedule your private showing today and experience the ideal blend of accessibility and comfortable living!
- $315,000
- 3Bd
- 2Ba
- 2,177 Sq Ft
87116, NM Homes for Sale
Affordable Bellamah home in Mesa Village just east of Uptown! Beautiful beamed tongue-and-groove ceilings are found throughout, along with tile floors (no carpet). Covered front porch, living room, extended dining room, and kitchen with gas range/oven and plentiful cabinets. Butcher block, granite, and laminate countertops offer a mix of colors and textures. Three bedrooms and one full bath. Laundry room with both electric and gas dryer hook-ups. One car garage. Upgraded electrical w/ mini-splits for heating/cooling. French doors open to HUGE backyard w/ storage building. Easy-care xeriscape/gravel landscape in front; the backyard awaits your special touches. Located in Sandia HS district- and Grant Middle School Park is just blocks away. Convenient access to I-40 & KAFB via Wyoming Blvd.
- $275,000
- 3Bd
- 1Ba
- 1,170 Sq Ft
$13K
87116, NM Homes for Sale
Beautifully remodeled manufactured home in the sought after Four Hills Mobile Home Park offering comfort, space, and value. The open living area provides a welcoming place to gather, while the functional kitchen, spacious primary suite, and two additional bedrooms offer a layout designed for everyday living. Outside, enjoy a generously sized lot with plenty of room for pets, entertaining, or simply relaxing. Residents also have access to outstanding community amenities including multiple activity centers, 24-hour security, tennis and basketball courts, three swimming pools, and more. Conveniently located, this move-in-ready home is an excellent opportunity to enjoy comfortable living in Four Hills. (Monthly land lease does apply)
- $69,900
- 3Bd
- 2Ba
- 1,230 Sq Ft
$15.1K
87116, NM Homes for Sale
**Call listing broker to discuss possible seller concession with reasonable offer!** 4 bedroom under $330k!Welcome to this inviting home in the gated Longford Village community! Ideally located near Kirtland Air Force Base, Sandia National Laboratories, Costco, Manzano Mesa Multigenerational Center, and I-40, this home offers the perfect blend of comfort and convenience. The versatile floor plan features a spacious loft and a downstairs bedroom with a Jack-and-Jill bathroom, ideal for guests, home office, or multigen living. Upstairs, you'll find the private primary suite, two additional bedrooms, and the conveniently located laundry. Stay comfortable year-round with refrigerated air, and enjoy one of the larger backyards in the community, perfect for entertaining, gardening, pets, or simply relaxing outdoors. Schedule your showing today and come see all this home has to offer! Be sure to visit the Longford Village community park, as well as Manzano Mesa Multigenerational Center and impressive pickleball courts during your showing. There are many exciting amenities just across the street from Longford Village!
- $324,000
- 4Bd
- 3Ba
- 1,779 Sq Ft
$5K
87116, NM Homes for Sale
This beautiful patio home is ready for you to move in! The refrigerated air conditioning keeps you cool while you enjoy the freshly painted interior. Outside relax in the courtyard with the fountain or sit on the patio sipping coffee while admiring the freshly painted exterior gates and trim. With ceramic tile in living areas, insulated blinds on sliding glass doors, gas log fireplace in the living area and neutral carpet in the bedrooms, stainless steel appliances in the kitchen and newly installed full light barn door on the utility room - all you have to do is decorate! All appliances stay - just shop for the perfect furnishings. Relax after a swim in the private community pool or a tennis or pickleball workout with your new neighborhood friends. Welcome Home to Hidden Valley!
- $399,000
- 3Bd
- 2Ba
- 1,365 Sq Ft
$10.9K
87116, NM Homes for Sale
$,3000 Seller Credit! Some homes just have good bones but this one has both good bones and the updates to match! Shaded by mature trees and a classic covered porch, it's the kind of curb appeal that doesn't go out of style. The big-ticket items? Already handled. Renewal by Andersen windows, a TPO roof, a Mastercool evaporative cooler, an updated water heater, and custom security bars mean the important work is done so you can focus on making it yours. Inside, a fireplace-warmed living room up front, an open kitchen at the heart of the home, and a versatile den featuring a wood-burning stove. A separate dining room doubles easily as a library or home office, and refinished original wood floors run through the main living spaces, adding character you can't fake. Out back, there's real room to spread out, a patio for entertaining, a storage shed for the extras, and both alley and backyard access for hauling, parking, or projects. Updated where it counts, original where it matters! Conveniently located with quick access to Albuquerque Sunport, Kirtland Air Force Base, Sandia National Laboratories, hospitals, shopping, and dining! This home offers exceptional flexibility, value, and is move-in-ready!
- $274,000
- 3Bd
- 2Ba
- 1,730 Sq Ft
$1K
87116, NM Homes for Sale
Albuquerque's historic State Fair / EXPO NM. Multi-use property close to the NM State fair grounds is being sold jointly with adjacent property 6406 Cochiti (0.17 acres) 1 Bedroom, 1 Bathroom. Zoned C-3, the properties are being sold as-is. Please contact listing broker for additional details. Do not disturb tenants
- $550,000
- 3Bd
- 2Ba
- 2,492 Sq Ft
87116, NM Homes for Sale
Income property or owner-occupant opportunity at a fantastic price point! This duplex features two well-designed units, each offering 2 bedrooms, 1 full bathroom. Each unit also includes off-street parking for up to two vehicles. Conveniently located near shopping, restaurants, schools, parks, and major commuter routes. These units are designed for efficient, low-maintenance ownership, featuring durable tile flooring throughout and separately metered gas and electric utilities to help streamline operating expenses. Each unit also includes in-unit laundry hookups, a highly desirable amenity that enhances tenant convenience and strengthens rental appeal.
- $205,000
- 2Bd
- 1Ba
- 1,536 Sq Ft
$10K
87116, NM Homes for Sale
Please contact listing broker for additional details. Do not disturb tenants
- $550,000
- 1Bd
- 1Ba
- 585 Sq Ft
87116, NM Homes for Sale
Excellent investment opportunity or ideal owner-occupant duplex! This well-maintained property features two 1-bedroom, 1-bath units, with one unit currently occupied and the other recently refreshed and move-in ready. The vacant unit offers new interior paint, 4-inch baseboards, a new bathroom vanity, new closet and bathroom doors, and rekeyable locks for easy tenant turnover. Additional updates include a newer roof, tile flooring, updated electrical and plumbing, new ranges, MasterCool air conditioners, wall heater, water heater, and a new 6-foot privacy fence. Ample off-street parking, a spacious backyard, and shared on-site laundry add to the appeal. A great opportunity to invest or live in one unit while generating rental income from the other!
- $245,499
- 2Bd
- 2Ba
- 1,242 Sq Ft
$4.5K
87116, NM Homes for Sale
Better than new and barely lived in, this beautiful home offers peaceful views and exceptional privacy at the end of a quiet street on a private culdesac. Enjoy low-maintenance landscaping and a covered patio perfect for relaxing or entertaining. Inside, the open great room features granite countertops, stainless steel appliances, 20'' tile flooring, and wide-slat Levolor blinds for a modern, elegant feel. All appliances convey, including the washer, dryer, and owned water softener, plus the home is wired for an alarm system. Conveniently located near Sandia National Laboratories, KAFB, Costco, freeway access, scenic trails, a dog park, and a neighborhood park with a popular super slide! Move in ready in an exceptional neighborhood - this one has it all!
- $439,000
- 4Bd
- 2Ba
- 1,805 Sq Ft
$10K
87116, NM Homes for Sale
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.
- $1,190,000
- 14Bd
- 14Ba
- 6,408 Sq Ft
$207K
87116, NM Homes for Sale
Welcome home to this spacious and beautifully designed seven-bedroom home offering room for everyone and everything. There are 2 primary suites, one up and one down. Large closets throughout & featuring three full bathrooms, two living areas, formal dining room and large well-appointed kitchen, this home is ideal for both everyday living and entertaining. The lush backyard is a private retreat filled with colorful flowers and the greenest grass you have ever seen. A charming gazebo, and an outdoor kitchen perfect for gatherings year-round. The 3 car garage provides ample storage & parking. Combing generous living spaces with exceptional outdoor amenities, this property offers comfort, functionality & endless possibilities.
- $750,000
- 6Bd
- 3Ba
- 4,724 Sq Ft
$25K
87116, NM Homes for Sale
Historic OwnershipSince its original construction and development, the Four33/Four37 Apartments have had only a handful of owners.The owner with the longest period of stewardship and the original developer was Weldon ''Connie'' Alexander, who was the voice of the UNM Lobos for over a decade. Connie was a UNM athlete and inducted into the UNM Sports Hall of Fame in 2003. As a local lender, investor, landlord and community leader, he led the charge for the rebranding of this neighborhood to support Ta-Lin and the cultural diversity as the ''International District''.Measures of investment performance at the current asking price of $2,323,232 and with average rents of $755, include a low price per unit of $72,601, a price per square foot of $158, a GRM of 8.02, a cap rate of 6.33%, and
- $2,323,232
- 3Bd
- 2Ba
- 14,688 Sq Ft
87116, NM Homes for Sale
Two adjacent MX-L zoned commercial lots totaling approximately 0.31 acres at the southeast corner of Zuni and Florida in Albuquerque's SE Heights. These lots offer full Zuni Road frontage and access along a commercial and residential corridor with strong daily traffic counts of roughly 13,680 vehicles per day.The MX-L (Mixed-Use Low Intensity) zoning opens the door to a wide range of development opportunities, including retail, service-related, and community-oriented uses. Owner financing available. 20% down, 7.5% interest, 2-year term, amortization negotiable.
- $150,000
- 0.31 Acre
87116, NM Homes for Sale
Two adjacent R-ML zoned multi-family lots totaling approximately 0.31 acres just off the SEC of Zuni Rd & Florida St in Albuquerque's SE Heights. R-ML zoning supports a range of multi-family development.Owner financing available. 20% down, 7.5% interest, 2-year term, amortization negotiable.
- $125,000
- 0.31 Acre
87116, NM Homes for Sale
**FHA Financing Available** Completely remodeled and move-in ready! This beautiful 3-bedroom, 1-bath home sits on an oversized lot with convenient backyard access, offering plenty of space for vehicles, toys, a workshop, or future possibilities. Fresh modern interior featuring new flooring and an updated kitchen with brand-new appliances. Major upgrades include a new roof (with 5yr warranty), new windows, updated electric and plumbing, and new HVAC system with refrigerated air for year-round comfort. Whether you're a first-time buyer, downsizing, or looking for a turnkey investment, this home combines quality updates, functionality, and value. Don't miss this opportunity to own a fully renovated home with room to grow!
- $230,000
- 3Bd
- 1Ba
- 864 Sq Ft
$5K
87116, NM Homes for Sale
Exceptional opportunity to acquire a 8-unit apartment portfolio located in Albuquerque's strong workforce housing sector. The property features a unit mix of 1-bedroom/1-bath catering to consistent rental demand in a high-occupancy submarket. This asset offers immediate and stable cash flow, operating at an 7.37% 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.
- $798,456
- 8Bd
- 8Ba
- 2,688 Sq Ft
87116, NM Homes for Sale
potential cap rate of 11.1%Residents enjoy a soft-gated community entry and parking right in front of their apartments. They also love the pragmatic floor plans, including open kitchens with lots of counter space, inviting bar tops, and a mix of contemporary and well-preserved mid-century modern tilework and fixtures. Over-sized full bathrooms boast expansive mid-century modern built-ins and tile work - including nearly 10 feet of counter, vanity space, and built-ins. Recent apartment upgrades include thermal windows, updated fixtures, fresh paint, and quality Luxury Vinyl Plank flooring throughout. Recent community updates include a large and accommodating community laundry room (with free machines for residents) and multiple quality, secured communal outdoor spaces.
- $1,594,615
- 3Bd
- 2Ba
- 16,020 Sq Ft
$198K
87116, NM Homes for Sale
PUEBLO-STYLE HOME WITH MODERN COMFORT, MOUNTAIN VIEWS & LOW-MAINTENANCE LIVING! This charming 3-bedroom home blends classic Southwest architecture with an open, light-filled floorplan designed for everyday living and entertaining. Spacious living and dining area flow into the well-appointed kitchen, while the generous primary suite offers a walk-in closet, dual sinks, soaking tub, and separate shower. Step outside to a private walled backyard featuring easy-care landscaping and a covered patio perfect for relaxing year-round. Enjoy attractive curb appeal, a 2-car garage, and minimal maintenance inside and out. Conveniently located near Four Hills, hiking and biking trails, parks, shopping, dining, KAFB, Sandia, and quick I-40 access! Call soon!
- $330,000
- 3Bd
- 2Ba
- 1,550 Sq Ft
$10K
87116, NM Homes for Sale
Attention investors! This Southeast Heights 4-plex is a fantastic opportunity to expand your investment portfolio. The property features four fully occupied 2-bedroom, 1-bath units, each with its own individual utility meter. Conveniently located near shopping, dining, and everyday amenities, this income-producing property offers strong rental appeal in a desirable location.
- $469,000
- 8Bd
- 4Ba
- 3,640 Sq Ft
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The prices shown are the median list prices.Albuquerque Homes for sale
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The best and safest neighborhoods to live in 87116 in November 2026 are Tanoan East, Tanoan Comm, North Albuquerque Acres, Glenwood Hills, High Desert, Four Hills Village, Volcano Cliffs, Nob Hill, Mesa Del Sol Innovation Park, Paradise Hills Civic, Ventana Ranch, Taylor Ranch, Willow Wood, Near North Valley, Downtown Albuquerque, Rio Grande Blvd, Vista Del Norte Alliance, Barelas, Towne Park, Little Turtle