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Jeanette Raver & Raver Team

8500 Menaul Blvd NE, Suite A-400
Albuquerque, New Mexico 87112
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Listing 14 out of 1,753
$349,999 For Sale

525 Mesilla Street SE
Albuquerque, NM 87108

6 units | Multi Family Home
6534 sq ft - MLS# 933586
Property Photo


Call for offers on this fully remodeled six unit apartment building in high demand area. All one bedroom units with several different floor plans Tasteful modern interiors with new tile floors, new paint, new heating, new recessed lighting new showers, new windows, new doors, new vanities & toilets. The property is stabilized at above market rate rents and is 100% occupied. Also included in the sale is the vacant lot south of the property. Seller WILL NOT break up, must be sold together. Both properties zoned Multi Family Low Density. Adjoining lot currently used for over flow parking but additional units could be built on the property. Offer/LOI subject to inspections. Please DO NOT disturb tenants.

DIRECTIONS: From Louisiana & Zuni, East To Mesilla. South On Mesilla To Property.


  • Property Type: Multi Family Home
  • Sub Type: 6 Units
  • Listing Status: Active
  • County/Area: Bernalillo County
  • Zip Code: 87108
  • Year Built: 1950
  • Age: 61 - 70
  • Sq.Ft.: 2,134 sq ft
  • Stories: 1
  • Units: 6 units
  • Lot Size: 6534 sq ft
  • Zoning: R-ML*
  • 5+ Units: Yes
  • Amenities: Security Gate, Some Landscaping
  • Appliances included: Frestnd Elec Stv/Ovn
  • Construction: Block, Masonry
  • Cooling: Evaporative
  • Exterior Material: Stucco
  • Flooring: Tile
  • Heating: Baseboard, Electric
  • Income & Expenses: Annual Gross Income: 44040
  • Income & Expenses: Operating Expenses: 11533
  • Lot SqFt: 6747
  • Metering: Master Electric, Master Gas
  • Operating Expenses: Accounting And Legal, Insurance, Property Taxes, Repairs/Maintenance, Supplies, Utilities
  • Owner Pays: Electric, Gas, Water
  • Parking: Other Parking, Unpaved
  • Roof: Flat, Rubber Membrane
  • SqFt Source: Broker
  • Total # of Buildings: 1
  • Unit 1: 2, 1-Bed, 1-Bath
  • Unit 2: 3, 1-Bed, 1-Bath
  • Unit 3: 1, 1-Bed, 1-Bath
  • Unit Summary: Annualized: 44040
  • Unit Summary: Average Actual Rent: 611.66
  • Unit Summary: Average Unit Size: 340
  • Unit Summary: Total Actual Rent: 3670
  • Unit Summary: Total Units: 6
  • Utilities: All City
Courtesy of Abq Properties Llc

Jeanette Raver and The Raver Team
8500 Menaul Blvd NE, Suite A-400
Albuquerque, NM 87112
Office: 505-554-2213


My experience with Jeanette was wonderful. She was there to walk me through the stressful process from start to finish. You cannot say that about most realtors these days. Jeanette treated me more like a friend then a client. If you are looking to sell, buy, or sell and buy a home, I would look no further. She is honestly the most trustworthy realtor I have come by. Previous Client
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