Cheap homes for sale & real estate in 87108, NM

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ABOUT THIS HOME
Cheap Home for sale in 87108, NM:
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

3 beds3 baths1,784 sq ft

New tpo roof • Fresh paint • New doors

119 Charleston St SE, Albuquerque, NM 87108

ABOUT THIS HOME
Cheap Home for sale in 87108, NM:
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 fir

$315,000

3 beds2 baths2,177 sq ft

Proximity to parks • Attached garage • 7,492 sq ft lot

1017 Georgia St SE, Albuquerque, NM 87108

ABOUT THIS HOME
Cheap Home for sale in 87108, NM:
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-o

$444,272

2 beds4 baths2,218 sq ft

0.31 acre lot • Built 1946 • Listed 18 days

616 & 618 Mesilla St SE, Albuquerque, NM 87108

ABOUT THIS HOME
Cheap Home for sale in 87108, NM:
Welcome home to this beautifully styled 2-bedroom, 1-bath territorial-style FRESHLY PAINTED residence in Knob Heights. This inviting home blends classic Southwestern character with modern updates, featuring stunning hardwood floors throughout. Offering two living areas creating a dedicated home office, playroom or media space. Updated bathroom showcases contempory finishes. A bright and inviting sunroom adds even more living space and is perfect for indoor plants, hobbies or a peaceful retreat. A dedicated dog run is perfect for pet owners! Conveniently located near Kirkland Air Force Base, UNM, Nob Hill, shopping, dining and major commuter routes. Make an appointement today for this gem!

$275,000

2 beds1 bath1,269 sq ft

Two living areas • Sunroom • Dog run

1515 Hermosa Dr SE, Albuquerque, NM 87108

ABOUT THIS HOME
Cheap Home for sale in 87108, NM:
Affordable and centrally located 1-bedroom condo with easy access to Kirtland Air Force Base, Sandia National Laboratories, the Albuquerque International Sunport, and major interstates. All utilities (except electric) covered by HOA. This move-in ready unit features fresh paint, updated flooring, a dishwasher, and modern lighting. Enjoy a private balcony off the bedroom with beautiful western views--perfect for catching Albuquerque sunsets. The community offers lush green spaces, mature trees, and a refreshing pool for residents, and assigned parking in a gated lot.

$69,000

1 bed1 bath627 sq ft

$289 HOA • Pool • Built 1965

1100 Alvarado Dr SE Apt 310, Albuquerque, NM 87108

Property at 1133 Louisiana Blvd SE, Albuquerque, NM 87108, 4 beds, 2 baths

$325,000

4 beds2 baths1,562 sq ft

1133 Louisiana Blvd SE, Albuquerque, NM 87108

Property at 215 Madison St NE, Albuquerque, NM 87108, 4 beds, 2 baths

$414,000

4 beds2 baths1,656 sq ft

215 Madison St NE, Albuquerque, NM 87108

Property at 538 Ortiz Dr SE, Albuquerque, NM 87108, 6 beds, 3 baths

$379,900

6 beds3 baths3,360 sq ft

538 Ortiz Dr SE, Albuquerque, NM 87108

Property at 500 Valverde Dr SE, Albuquerque, NM 87108, 3 beds, 1 bath

$375,000

3 beds1 bath1,020 sq ft

500 Valverde Dr SE, Albuquerque, NM 87108

Property at 525 Valencia Dr SE, Albuquerque, NM 87108, 2 beds, 1 bath

$395,000

2 beds1 bath2,320 sq ft

525 Valencia Dr SE, Albuquerque, NM 87108

Property at 540 Ortiz Dr SE, Albuquerque, NM 87108, 6 beds, 3 baths

$379,900

6 beds3 baths3,360 sq ft

540 Ortiz Dr SE, Albuquerque, NM 87108

Property at 420 Manzano St NE, Albuquerque, NM 87108, 2 beds, 1 bath

$365,000

2 beds1 bath925 sq ft

420 Manzano St NE, Albuquerque, NM 87108

Property at 325 Tennessee St NE, Albuquerque, NM 87108, 6 beds, 3 baths

$299,900

6 beds3 baths2,304 sq ft

325 Tennessee St NE, Albuquerque, NM 87108

Property at 5009 Palo Alto Ave SE, Albuquerque, NM 87108, 3 beds, 2 baths

$399,000

3 beds2 baths1,824 sq ft

5009 Palo Alto Ave SE, Albuquerque, NM 87108

Property at 351 Washington St SE #205, Albuquerque, NM 87108, 1 bed, 1 bath

$120,000

1 bed1 bath413 sq ft

351 Washington St SE #205, Albuquerque, NM 87108

Property at 8116 Kathryn Ave SE, Albuquerque, NM 87108, 3 beds, 1 bath

$239,000

3 beds1 bath875 sq ft

8116 Kathryn Ave SE, Albuquerque, NM 87108

Property at 1318 Truman St SE, Albuquerque, NM 87108, 3 beds, 2 baths

$335,000

3 beds2 baths1,223 sq ft

1318 Truman St SE, Albuquerque, NM 87108

Property at 1025 Valencia Dr SE Apt 25, Albuquerque, NM 87108, 1 bed, 1 bath

$85,000

1 bed1 bath604 sq ft

1025 Valencia Dr SE Apt 25, Albuquerque, NM 87108

Property at 201 San Pablo St NE, Albuquerque, NM 87108, 3 beds, 2 baths

$239,000

3 beds2 baths1,230 sq ft

201 San Pablo St NE, Albuquerque, NM 87108

Property at 209 Texas St NE, Albuquerque, NM 87108, 7 beds, 4 baths

$349,900

7 beds4 baths2,650 sq ft

209 Texas St NE, Albuquerque, NM 87108

Property at 1100 Alvarado Dr SE, Albuquerque, NM 87108, 5 beds, 4 baths

$260,000

5 beds4 baths— sq ft

1100 Alvarado Dr SE, Albuquerque, NM 87108

Property at 805 Ortiz Dr SE, Albuquerque, NM 87108, 4 beds, 4 baths

$383,500

4 beds4 baths2,574 sq ft

805 Ortiz Dr SE, Albuquerque, NM 87108

Property at 520 Kentucky St SE, Albuquerque, NM 87108, 4 beds, 2 baths

$269,900

4 beds2 baths1,980 sq ft

520 Kentucky St SE, Albuquerque, NM 87108

Property at 633 Grove St SE, Albuquerque, NM 87108, 2 beds, 2 baths

$250,000

2 beds2 baths1,242 sq ft

633 Grove St SE, Albuquerque, NM 87108

Property at 416 Kentucky St SE, Albuquerque, NM 87108, 4 beds, 3 baths

$249,900

4 beds3 baths1,584 sq ft

416 Kentucky St SE, Albuquerque, NM 87108

Property at 1100 Alvarado Dr SE Apt 104, Albuquerque, NM 87108, 2 beds, 1 bath

$115,000

2 beds1 bath782 sq ft

1100 Alvarado Dr SE Apt 104, Albuquerque, NM 87108

Property at 4017 Thaxton Ave SE, Albuquerque, NM 87108, 4 beds, 3 baths

$423,000

4 beds3 baths2,264 sq ft

4017 Thaxton Ave SE, Albuquerque, NM 87108

Property at 825 Dakota St SE, Albuquerque, NM 87108, 3 beds, 1.5 baths

$279,000

3 beds1.5 baths1,575 sq ft

825 Dakota St SE, Albuquerque, NM 87108

Property at 1100 Alvarado Dr SE Apt 108, Albuquerque, NM 87108, 2 beds, 2 baths

$127,500

2 beds2 baths932 sq ft

1100 Alvarado Dr SE Apt 108, Albuquerque, NM 87108

Property at 816 Ortiz Dr SE, Albuquerque, NM 87108, 5 beds, 3 baths

$342,000

5 beds3 baths2,470 sq ft

816 Ortiz Dr SE, Albuquerque, NM 87108

Property at 503 San Pedro Dr SE, Albuquerque, NM 87108, 2 beds, 2 baths

$195,000

2 beds2 baths1,035 sq ft

503 San Pedro Dr SE, Albuquerque, NM 87108

Property at 123 Charleston St SE, Albuquerque, NM 87108, 3 beds, 2 baths

$435,000

3 beds2 baths1,992 sq ft

123 Charleston St SE, Albuquerque, NM 87108

Property at 907 Laurel Cir SE, Albuquerque, NM 87108

$279,000

Land7,013 sq ft (lot)

907 Laurel Cir SE, Albuquerque, NM 87108

Property at 408/412 Florida St SE, Albuquerque, NM 87108

$125,000

Land0.31 acre (lot)

408/412 Florida St SE, Albuquerque, NM 87108

Property at 400/404 Florida St SE, Albuquerque, NM 87108

$150,000

Land0.31 acre (lot)

400/404 Florida St SE, Albuquerque, NM 87108

Property at 412 Rhode Island St SE, Albuquerque, NM 87108

$79,900

Land6,969 sq ft (lot)

412 Rhode Island St SE, Albuquerque, NM 87108

Property at 6525 Rd Cochiti Rd SE, Albuquerque, NM 87108

$350,000

Land0.65 acre (lot)

6525 Rd Cochiti Rd SE, Albuquerque, NM 87108

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Cheap Homes for Sale in 87108

There are currently 78 cheap homes for sale in 87108 at a median listing price of $325K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 87108 stay on the market for 65 days and receive 1 offers. This map is refreshed with the newest listings in 87108 every 15 minutes.

In the past month, 36 homes have been sold in 87108. In addition to houses in 87108, there were also 9 condos, 4 townhouses, and 34 multi-family units for sale in 87108 last month. Find your dream home in 87108 using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in 87108 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 87108. If you're looking to sell your home in the 87108 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 87108 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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