Cheap homes for sale & real estate in 87131, NM

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ABOUT THIS HOME
Cheap Home for sale in 87131, NM:
Currently tenant-occupied single-family home offering excellent investment potential. The tenant is on a month-to-month lease, providing flexibility for continued rental income or future owner-occupancy. Located between two multi-unit properties, which may all be sold together for a unique investment opportunity. Very affordable and centrally located in Albuquerque with close proximity to I-25, UNM, major hospitals, restaurants, and shopping.

$220,000

2 beds1 bath750 sq ft

2131 Coal Ave SE, Albuquerque, NM 87106

7,231 sq ft lot • Built 1930 • Listed 2 days

ABOUT THIS HOME
Cheap Home for sale in 87131, NM:
Welcome to this beautiful CONDO in NOB Hill. Well maintained & updated! Beautiful quartz countertops with undermount double sinks. Newer luxury vinyl floors. Newer appliances, Refrigerated air only three years old. Loft with lots of natural light. Urban living with Balcony views. Close to shopping, dining, UNM, and exploring all hot spots in Nob Hill. HOA covers water, sewer, trash, and insurance please Call for additional details.

$395,000

2 beds2.5 baths1,544 sq ft

201 Aliso Dr SE Apt 9, Albuquerque, NM 87108

$333 HOA • 2 garage spots • Built 2008

ABOUT THIS HOME
Cheap Home for sale in 87131, NM:
Beautifully remodeled and truly move-in ready, this stunning Downtown Albuquerque home blends modern comfort with timeless charm. Recent upgrades include a newer roof, refrigerated air, heater, water heater, updated flooring and lighting, a gorgeous modern kitchen, all appliances, and fully renovated bathrooms--thoughtfully completed within the last few years. Enjoy a huge gated yard with backyard access, perfect for multiple vehicles, boats, RVs, trailers, or an ideal space for pets and outdoor living. Potential area for ADU or casita? Conveniently located near schools, parks, hospitals, I-25, and downtown amenities. Relax on the covered front porch while taking in breathtaking sunset view

$299,999

2 beds2 baths816 sq ft

812 Arno St SE, Albuquerque, NM 87102

8,886 sq ft lot • Built 1910 • Listed 3 days

ABOUT THIS HOME
Cheap Home for sale in 87131, NM:
Top-floor luxury living directly on iconic Route 66 (Central Avenue) in the heart of historic Nob Hill. Just two blocks from UNM, the 110 Richmond Condominiums deliver unmatched quality, design, and security in one of Albuquerque's most sought-after neighborhoods. This striking Mid-Century Modern residence pays homage to the Art Deco heritage of Route 66, blending timeless architecture with state-of-the-art construction. Features include Acoustiblok soundproofing, a secure precast concrete parking garage, full perimeter security, elevator access, and premium Hurd windows and doors. Inside, enjoy European-style cabinetry, stainless steel appliances, quartz countertops, Kohler plumbing fixtur

$349,000

2 beds2 baths1,121 sq ft

110 Richmond Dr SE Unit 305, Albuquerque, NM 87106

Art deco heritage • Historic nob hill • $360 HOA

ABOUT THIS HOME
Cheap Home for sale in 87131, NM:
Value-add 5-unit multifamily property offering excellent income and expansion potential. One unit is currently vacant, allowing for immediate owner-occupancy or lease-up to increase cash flow. Two adjacent parcels are also available, providing a rare opportunity to acquire up to 9 total units and scale your investment. Ideally located near I-25, UNM, major hospitals, dining, and shopping, ensuring strong rental demand. Don't miss this opportunity to add a versatile, income-producing asset to your portfolio.

$430,000

2 beds1 bath3,800 sq ft

405 Yale Blvd SE, Albuquerque, NM 87106

9,453 sq ft lot • Built 1925 • Listed 2 days

Property at 2129 Coal Ave SE Unit A,B,C, Albuquerque, NM 87106, 1 bed, 1 bath

$350,000

1 bed1 bath1,368 sq ft

2129 Coal Ave SE Unit A,B,C, Albuquerque, NM 87106

Property at 222 Amherst Dr NE, Albuquerque, NM 87106, 2 beds, 2 baths

$425,000

2 beds2 baths1,508 sq ft

222 Amherst Dr NE, Albuquerque, NM 87106

Property at 2001 Gold Ave SE #3, Albuquerque, NM 87106, 1 bed, 1 bath

$225,000

1 bed1 bath899 sq ft

2001 Gold Ave SE #3, Albuquerque, NM 87106

Property at 1320 Stanford Dr NE, Albuquerque, NM 87106, 4 beds, 2 baths

$425,000

4 beds2 baths1,572 sq ft

1320 Stanford Dr NE, Albuquerque, NM 87106

Property at 301 Central Ave NE #101, Albuquerque, NM 87102, 1 bath

$149,000

0 beds1 bath537 sq ft

301 Central Ave NE #101, Albuquerque, NM 87102

Property at 1519 Solano Dr NE, Albuquerque, NM 87110, 2 beds, 1 bath

$335,000

2 beds1 bath1,156 sq ft

1519 Solano Dr NE, Albuquerque, NM 87110

Property at 4247 Altura Vista Ln NE, Albuquerque, NM 87110, 3 beds, 2.5 baths

$330,000

3 beds2.5 baths1,694 sq ft

4247 Altura Vista Ln NE, Albuquerque, NM 87110

Property at 1002 Walter St NE, Albuquerque, NM 87102, 3 beds, 1 bath

$280,000

3 beds1 bath1,161 sq ft

1002 Walter St NE, Albuquerque, NM 87102

Property at 724 Washington St NE, Albuquerque, NM 87110, 3 beds, 1.5 baths

$417,500

3 beds1.5 baths1,846 sq ft

724 Washington St NE, Albuquerque, NM 87110

Property at 1701 Miracerros Pl NE, Albuquerque, NM 87106, 2 beds, 2 baths

$400,000

2 beds2 baths1,734 sq ft

1701 Miracerros Pl NE, Albuquerque, NM 87106

Property at 1430 Franciscan St NE, Albuquerque, NM 87102, 2 beds, 1 bath

$147,900

2 beds1 bath867 sq ft

1430 Franciscan St NE, Albuquerque, NM 87102

Property at 3600 Central Ave SE Unit 112, Albuquerque, NM 87108, 2 beds, 2 baths

$420,000

2 beds2 baths1,213 sq ft

3600 Central Ave SE Unit 112, Albuquerque, NM 87108

Property at 520 Iron Ave SE, Albuquerque, NM 87102, 2 beds, 2 baths

$399,000

2 beds2 baths1,528 sq ft

520 Iron Ave SE, Albuquerque, NM 87102

Property at 3936 Silver Ave SE, Albuquerque, NM 87108, 3 beds, 2.5 baths

$439,800

3 beds2.5 baths2,008 sq ft

3936 Silver Ave SE, Albuquerque, NM 87108

Property at 401 Gomez Ave NE, Albuquerque, NM 87102, 3 beds, 2 baths

$345,000

3 beds2 baths1,576 sq ft

401 Gomez Ave NE, Albuquerque, NM 87102

Property at 213 Girard Blvd SE, Albuquerque, NM 87106, 2 beds, 1 bath

$385,000

2 beds1 bath998 sq ft

213 Girard Blvd SE, Albuquerque, NM 87106

Property at 2711 Monterey Ave SE, Albuquerque, NM 87106, 2 beds, 2 baths

$300,000

2 beds2 baths1,437 sq ft

2711 Monterey Ave SE, Albuquerque, NM 87106

Property at 829 Jefferson St NE, Albuquerque, NM 87110, 5 beds, 3 baths

$415,000

5 beds3 baths2,348 sq ft

829 Jefferson St NE, Albuquerque, NM 87110

Property at 412 Harvard Dr SE, Albuquerque, NM 87106, 3 beds, 2 baths

$345,000

3 beds2 baths1,460 sq ft

412 Harvard Dr SE, Albuquerque, NM 87106

Property at 309 Princeton Dr SE, Albuquerque, NM 87106, 2 beds, 1 bath

$450,000

2 beds1 bath2,476 sq ft

309 Princeton Dr SE, Albuquerque, NM 87106

Property at 204 Carlisle Blvd NE, Albuquerque, NM 87106, 2 beds, 1 bath

$350,000

2 beds1 bath1,290 sq ft

204 Carlisle Blvd NE, Albuquerque, NM 87106

Property at 105 Maple St NE, Albuquerque, NM 87106, 2 beds, 1 bath

$252,000

2 beds1 bath923 sq ft

105 Maple St NE, Albuquerque, NM 87106

Property at 3600 Central Ave SE #212, Albuquerque, NM 87108, 2 beds, 2 baths

$345,000

2 beds2 baths1,088 sq ft

3600 Central Ave SE #212, Albuquerque, NM 87108

Property at 1311 Edith Blvd SE, Albuquerque, NM 87102, 3 beds, 2 baths

$318,000

3 beds2 baths1,340 sq ft

1311 Edith Blvd SE, Albuquerque, NM 87102

Property at 715 Kinley Ave NE, Albuquerque, NM 87102, 3 beds, 1.5 baths

$289,999

3 beds1.5 baths1,128 sq ft

715 Kinley Ave NE, Albuquerque, NM 87102

Property at 318 Broadway Blvd NE, Albuquerque, NM 87102, 1 bed, 1.5 baths

$280,000

1 bed1.5 baths1,000 sq ft

318 Broadway Blvd NE, Albuquerque, NM 87102

Property at 400 Central Ave SE #302, Albuquerque, NM 87102, 1 bed, 1 bath

$229,000

1 bed1 bath1,100 sq ft

400 Central Ave SE #302, Albuquerque, NM 87102

Property at 301 Central Ave NE #105, Albuquerque, NM 87102, 1 bath

$239,000

0 beds1 bath1,029 sq ft

301 Central Ave NE #105, Albuquerque, NM 87102

Property at 609 Page Ave NE, Albuquerque, NM 87102, 2 beds, 1 bath

$135,000

2 beds1 bath875 sq ft

609 Page Ave NE, Albuquerque, NM 87102

Property at 301 Central Ave NE #113, Albuquerque, NM 87102, 1 bed, 1.5 baths

$335,000

1 bed1.5 baths1,230 sq ft

301 Central Ave NE #113, Albuquerque, NM 87102

Property at 300 Tijeras Ave NE #212, Albuquerque, NM 87102, 1 bath

$198,000

0 beds1 bath752 sq ft

300 Tijeras Ave NE #212, Albuquerque, NM 87102

Property at 213 Vassar Dr SE Unit B, Albuquerque, NM 87106, 3 beds, 2 baths

$384,000

3 beds2 baths1,467 sq ft

213 Vassar Dr SE Unit B, Albuquerque, NM 87106

Property at 916 Franciscan St NE, Albuquerque, NM 87102, 2 beds, 1 bath

$299,000

2 beds1 bath1,255 sq ft

916 Franciscan St NE, Albuquerque, NM 87102

Property at 400 Copper Ave NE #201, Albuquerque, NM 87102, 2 beds, 2 baths

$298,000

2 beds2 baths1,224 sq ft

400 Copper Ave NE #201, Albuquerque, NM 87102

Property at TR 49A Map 24 Edith Blvd NW, Albuquerque, NM 87113

$50,000

— beds— baths— sq ft

TR 49A Map 24 Edith Blvd NW, Albuquerque, NM 87113

Property at 4100 Ridgeley Ave NE, Albuquerque, NM 87108

$350,000

— beds— baths— sq ft

4100 Ridgeley Ave NE, Albuquerque, NM 87108

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Cheap Homes for Sale in 87131

There are currently 49 cheap homes for sale in 87131. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. This map is refreshed with the newest listings in 87131 every 15 minutes.

Find your dream home in 87131 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 87131 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 87131. If you're looking to sell your home in the 87131 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 87131 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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