87108, NM homes for sale & real estate

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3D WALKTHROUGH

ABOUT THIS HOME
87108, 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 ful

$235,000

3 beds1 bath864 sq ft

8116 Kathryn Ave SE, Albuquerque, NM 87108

6,011 sq ft lot • Built 1958 • Listed 138 days

ABOUT THIS HOME
87108, NM Homes for Sale
4-unit multifamily investment located in a rapidly improving corridor of Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a strong cap rate, attractive cash-on-cash returns, and durable demand from long-term workforce tenants. The surrounding area has seen substantial momentum, including a brand-new public library and park, along with ongoing residential and mixed-use development nearby. These improvements support long-term appreciation while maintaining strong rental demand. Current tenants are stable, long-term residents, providing a solid foundation for consistent income. 630 Alcazar St SE is also for sale and can be bought together.

$420,000

3 beds2 baths2,451 sq ft

632 Alcazar St SE, Albuquerque, NM 87108

Brand-new park • Strong rental demand • Strong cap rate

ABOUT THIS HOME
87108, NM Homes for Sale
New Roof! $3,000 Seller Credit! Well-maintained all-brick triplex featuring three 2-bedroom, 1-bath units, all tenant occupied. Conveniently located near UNM, Kirtland Air Force Base, major hospitals, Nob Hill, shopping, and dining, this income-producing property is ideally situated in a highly desirable rental area. A fantastic investment opportunity with recent improvements and long-term potential.

$315,000

6 beds3 baths2,800 sq ft

1133 Georgia St SE, Albuquerque, NM 87108

Near unm • Near hospitals • Near shopping

$469,000

8 beds4 baths3,640 sq ft

528 Alvarado Dr SE, Albuquerque, NM 87108

6,752 sq ft lot • Built 2011 • Listed 147 days

ABOUT THIS HOME
87108, 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.

$529,650

1 bed1 bath3,300 sq ft

525 Mesilla St SE Unit 1-6, Albuquerque, NM 87108

Tiled showers • Updated kitchens • Lvt flooring

Property at 411 Virginia St NE, Albuquerque, NM 87108, 4 beds, 2 baths

$315,000

4 beds2 baths2,153 sq ft

411 Virginia 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 4021 Thaxton Ave SE, Albuquerque, NM 87108, 6 beds, 3 baths

$475,000

6 beds3 baths2,499 sq ft

4021 Thaxton Ave SE, Albuquerque, NM 87108

Property at 320 Adams St SE, Albuquerque, NM 87108, 2 beds, 2.5 baths

$450,000

2 beds2.5 baths2,525 sq ft

320 Adams St SE, Albuquerque, NM 87108

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

$399,000

4 beds3 baths2,264 sq ft

4017 Thaxton Ave SE, Albuquerque, NM 87108

Property at 1017 Georgia St SE, Albuquerque, NM 87108, 3 beds, 2 baths

$315,000

3 beds2 baths2,177 sq ft

1017 Georgia St SE, Albuquerque, NM 87108

Property at 8600 Zuni Rd SE, Albuquerque, NM 87108, 3 beds, 2 baths

$1,594,615

3 beds2 baths16,020 sq ft

8600 Zuni Rd SE, 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 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 630 Alcazar St SE, Albuquerque, NM 87108, 5 beds, 3 baths

$420,000

5 beds3 baths2,451 sq ft

630 Alcazar St SE, Albuquerque, NM 87108

Property at 631 & 633 Mesilla St SE, Albuquerque, NM 87108, 3 beds, 3 baths

$704,000

3 beds3 baths2,716 sq ft

631 & 633 Mesilla St 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 616 & 618 Mesilla St SE, Albuquerque, NM 87108, 2 beds, 4 baths

$444,272

2 beds4 baths2,218 sq ft

616 & 618 Mesilla St SE, Albuquerque, NM 87108

Property at 609 Mesilla St SE, Albuquerque, NM 87108, 9 beds, 7 baths

$1,144,491

9 beds7 baths6,896 sq ft

609 Mesilla St SE, Albuquerque, NM 87108

Property at 1315 Madeira Dr SE, Albuquerque, NM 87108, 3 beds, 2 baths

$522,720

3 beds2 baths3,233 sq ft

1315 Madeira 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 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 6406 N Cochiti Rd SE, Albuquerque, NM 87108, 1 bed, 1 bath

$550,000

1 bed1 bath585 sq ft

6406 N Cochiti Rd SE, Albuquerque, NM 87108

Property at 110-114 Indiana St SE Unit 1-7, Albuquerque, NM 87108, 6 beds, 5 baths

$500,000

6 beds5 baths2,867 sq ft

110-114 Indiana St SE Unit 1-7, Albuquerque, NM 87108

Property at 4013 Thaxton Ave SE, Albuquerque, NM 87108, 3 beds, 2 baths

$525,000

3 beds2 baths2,734 sq ft

4013 Thaxton Ave SE, Albuquerque, NM 87108

Property at 1008 Alvarado Dr SE, Albuquerque, NM 87108, 1 bed, 2 baths

$1,739,530

1 bed2 baths6,090 sq ft

1008 Alvarado Dr SE, Albuquerque, NM 87108

Property at 1104 Palomas Dr SE, Albuquerque, NM 87108, 6 beds, 3 baths

$999,565

6 beds3 baths7,720 sq ft

1104 Palomas Dr SE, Albuquerque, NM 87108

Property at 433 Mesilla & 437 (4 Lots) St SE, Albuquerque, NM 87108, 3 beds, 2 baths

$2,323,232

3 beds2 baths14,688 sq ft

433 Mesilla & 437 (4 Lots) St SE, Albuquerque, NM 87108

Property at 6404 N Cochiti Rd SE, Albuquerque, NM 87108, 3 beds, 2 baths

$550,000

3 beds2 baths2,492 sq ft

6404 N Cochiti Rd SE, Albuquerque, NM 87108

Property at 635 & 637 Mesilla St SE, Albuquerque, NM 87108, 8 beds, 8 baths

$798,456

8 beds8 baths2,688 sq ft

635 & 637 Mesilla St SE, Albuquerque, NM 87108

Property at 613 Mesilla St SE, Albuquerque, NM 87108, 14 beds, 14 baths

$1,190,000

14 beds14 baths6,408 sq ft

613 Mesilla St SE, Albuquerque, NM 87108

Property at 1024 Alvarado Dr SE Apt 6, Albuquerque, NM 87108, 3 beds, 3 baths

$1,660,470

3 beds3 baths8,360 sq ft

1024 Alvarado Dr SE Apt 6, 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 4100 Ridgeley Ave NE, Albuquerque, NM 87108

$229,000

Land

4100 Ridgeley Ave NE, 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 4611 Central Ave NE, Albuquerque, NM 87108

$895,000

Land0.49 acre (lot)

4611 Central Ave NE, Albuquerque, NM 87108

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

$289,000

Land0.65 acre (lot)

6525 Rd Cochiti Rd SE, Albuquerque, NM 87108

Viewing page 3 of 3

Average home prices near 87108, NM

Cities

Albuquerque homes for sale
$385,000
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$445,000
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$379,900
Edgewood homes for sale
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$289,900
Cedar Crest homes for sale
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$882,450
Sandia Park homes for sale
$534,450
Rio Rancho homes for sale
$434,000
Los Ranchos de Albuquerque homes for sale
$1,445,000
Bernalillo homes for sale
$452,500
Placitas homes for sale
$828,000
Bosque Farms homes for sale
$824,000
North Valley homes for sale
$652,500
Sandia Heights homes for sale
$696,130

Zip Codes

87108, NM real estate trends

All Home Types trends in 87108, NM

Median Sale Price
# of Homes Sold
Median Days on Market

All Home Types

Median Sale Price (All Home Types)

$319,906

+12.2% YoY | Sep 2026

1 year
3 year
5 year

Based on Redfin calculations of home data from MLS and/or public records.

Location

Data

Sep 2026

Growth

% YoY

87108, NM

$319,906

+12.2%

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