Pending

$389,160

512 Mesilla St SE, Albuquerque, NM 87108

8beds

4baths

2,700sqft

$2,802/mo

Get pre-qualified

Quadruplex, Multi Family

Built in 1960

-- sqft lot

$-- Zestimate^®

$144/sqft

$-- HOA

What's special

Updated toiletsSynthetic stuccoWrought iron security fencingSecured courtyard entryNew vanitiesHard surface flooringNew lighting

On behalf of the owners, NM Apartment Advisors and Deacon Property Services are excited to bring to market such a well-priced, updated 4-plex with sizeable two bedroom, one bathroom units and secured courtyard entry.Recent building modernization includes: new windows, synthetic stucco, hard surface flooring, new lighting, new vanities, washer/dryers, new evaporative cool-ers, updated electrical, wrought iron security fencing, updated toilets, as well as more recent updates to some of the mechanical systems on the property.Exceptional and very rare opportunity for such a well-updated 4-plex priced with an 8 Cap and nearly a 10% cash on cash return for an owner occupant or a 7.2Cap for an investor with professional property management.

53 days
140
8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Wall Furnace

Cooling

Evaporative Cooling

Appliances

Included: Dryer, Free-Standing Gas Range, Refrigerator, Washer
Laundry: Washer Hookup, Dryer Hookup, In Unit

Features

Flooring: Carpet Free, Tile, Vinyl

Interior area

Total structure area: 2,700
Total interior livable area: 2,700 sqft

Property

Parking

Total spaces: 6

Features

Levels: One
Stories: 1
Patio & porch: Patio
Exterior features: Lighting, Patio

Lot

Size: 6,969 Square Feet

Details

Parcel number: 101905610544221316
Zoning description: R-ML*

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Frame, Stucco, Synthetic Stucco

Condition

Resale
New construction: No
Year built: 1960

Utilities & green energy

Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Green energy

Energy generation: None

Community & HOA

Community

Features: Patio, Storage Facilities
Security: Complex Fenced, Security Gate
Subdivision: Mann Add

Location

Region: Albuquerque

Financial & listing details

Price per square foot: $144/sqft
Tax assessed value: $276,257
Annual tax amount: $3,890
Date on market: 8/19/2026
Cumulative days on market: 54 days
Listing terms: Cash,Conventional
Total actual rent: 3919
Tenant pays: Electricity, Gas

Estimated market value

Not available

Estimated sales range

Not available

$3,822/mo

Price history

Date	Event	Price
9/18/2026	Pending sale	$389,160$144/sqft
Source: SWMLS #1109467 Report a problem
8/20/2026	Listed for sale	$389,160-10.3%$144/sqft
Source: SWMLS #1109467 Report a problem
12/4/2025	Listing removed	$433,651$161/sqft
Source: SWMLS #1077102 Report a problem
1/25/2025	Listed for sale	$433,651+179.8%$161/sqft
Source: SWMLS #1077102 Report a problem
1/4/2019	Sold	--
Source: SWMLS #931485 Report a problem
12/1/2018	Pending sale	$155,000$57/sqft
Source: Coldwell Banker Legacy #931485 Report a problem
12/1/2018	Listed for sale	$155,000$57/sqft
Source: Coldwell Banker Legacy #931485 Report a problem
9/30/2014	Sold	--
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,891 +3.2%	$92,076 +3%
2024	$3,772 +1.7%	$89,395 +3%
2023	$3,709 +0.5%	$86,792
2022	$3,692 +94.5%	$86,792 +93.6%
2021	$1,898 +1.7%	$44,835 +3%
2020	$1,867	$43,529 -4.2%
2019	--	$45,456
2018	$1,882 -2.8%	$45,456
2017	$1,936 +3.1%	$45,456 +3%
2016	$1,878 -95.7%	$44,132
2015	$44,132 +3231.5%	$44,132 +41.5%
2014	$1,325	$31,197 -20.2%
2013	$1,325	$39,096
2012	--	$39,096
2011	--	$39,096 -15.1%
2010	--	$46,071 +3%
2009	--	$44,730 +3%
2008	--	$43,427 +3%
2007	--	$42,162
2006	--	$42,162 +39.6%
2005	--	$30,192 +3%
2004	--	$29,313 +3%
2003	--	$28,459 +3%
2002	--	$27,630
2001	--	$27,630 +21.7%
2000	--	$22,698