Albuquerque Homes under $400,000

Welcome to Albuquerque, New Mexico, a vibrant city that beautifully blends rich cultural heritage with stunning natural landscapes. Nestled in Bernalillo County, Albuquerque is renowned for its breathtaking sunsets, the majestic Sandia Mountains, and a unique blend of Native American and Hispanic influences that shape its character. This city is a treasure trove of art, history, and outdoor adventures, making it an ideal place to call home.

One of the most appealing aspects of Albuquerque is its diverse real estate market, particularly for those seeking homes under $400,000. Whether you're a first-time homebuyer, a growing family, or looking to downsize, Albuquerque offers a variety of options that cater to different lifestyles and budgets. From charming adobe-style homes that reflect the city's rich architectural heritage to modern townhouses with contemporary amenities, there's something for everyone.

Living in Albuquerque means enjoying a lower cost of living compared to many other metropolitan areas, allowing you to stretch your budget further. With homes in this price range, you can find properties that not only meet your needs but also offer the potential for appreciation as the city continues to grow and thrive.

Beyond the homes, Albuquerque boasts a thriving community filled with festivals, farmers' markets, and an array of outdoor activities. Explore the scenic trails, indulge in the local cuisine, or immerse yourself in the vibrant arts scene. With its welcoming atmosphere and beautiful surroundings, Albuquerque is not just a place to live; it's a place to thrive. Come discover your dream home in this enchanting city!

Newest Albuquerque Homes under $400,000

$315,000

8 Beds ⋅ 4 Baths

**SELLER FINANCING OPPORTUNITY AVAILABLE!** Property is being sold as-is, with no repairs to be made by seller **Excellent investment opportunity with this 4-unit multifamily property in Albuquerque! Each unit offers approximately **800 square feet with 2 bedrooms and 1 bathroom**, providing a total of **8 bedrooms and 4 bathrooms** across the property.Previously fully rented for the past several years, this property offers flexibility for the next owner. **Update and improve the units to maximize future rental potential, or prepare them for tenants with minimal turnaround.** The established multifamily configuration makes this a great opportunity for investors looking to add doors to their portfolio.This property is prime for renovation and ready for some TLC as it is being sold as-is condition. Whether you're looking to customize a home to fit your lifestyle, build equity through improvements, or take on your next investment project, there is plenty of potential here. An FHA/Conventional/VA 203(k) renovation loan may also be an option for qualified buyers, subject to lender, property, and program requirements. (Partner lender has program designed for this house as well as incentive to buyer!)With **seller financing available**, buyers may have additional flexibility when structuring their purchase. Whether you're looking for your next value-add project or a multifamily rental opportunity, 508 Tennessee St SE is ready for its next chapter!**Buyer to do own due diligence on sqft and condition as seller never lived at the property and rented it out through another company for length of ownership.

508 Tennessee Street NE, Albuquerque

$284,900

2 Beds ⋅ 1 Baths

Welcome to your beautifully updated oasis at 914 Gatewood Avenue Southwest! This charming 2-bedroom, 1-bathroom home has been remodeled seamlessly blending modern conveniences with quaint, cozy appeal.Step inside to discover a bright, open interior featuring contemporary finishes, fresh paint, and thoughtful updates throughout. The heart of the home is designed for both comfort and functionality, making it completely turn-key and ready for you to move right in. Peace of mind comes naturally here, thanks to a durable, low-maintenance metal roof that adds both character and long-lasting protection.Situated on a generous 0.23-acre lot, the property offers an abundance of outdoor space. Whether you dream of creating an urban garden, setting up an entertainment area, or simply enjoying the room to breathe, this expansive yard provides endless possibilities. Don't miss your chance to own this renovated gem--schedule your tour today!

914 Gatewood Avenue SW, Albuquerque

$270,000

3 Beds ⋅ 2 Baths

SO MUCH POTENTIIAL! Investors dream!!. BRING ALL OFFERS! Great location in Southwest Albuquerque. Close to utilities, with neighborhood charm. This 3 beds 2 bath is perfect for bigger family. With some TLC and elbow grease this property can be transformed into you dream home. Desert Springs Park is a short walk from your front door. See it of yourself, we promise you will notice all this home has to offer!! (Photos 11,16 and 28 are virtually altered and staged)

7508 Purple Fringe Road SW, Albuquerque

$285,000

3 Beds ⋅ 3 Baths

Welcome to this inviting 3-bedroom, 2.5-bathroom townhome offering 1,602 square feet of comfortable living space. Tucked away in a centrally located community, this home offers the perfect blend of privacy and convenience, with shopping, dining, and entertainment just minutes away. Inside, you'll find a functional layout with spacious living areas and a well-appointed kitchen featuring granite countertops and modern appliances. The washer and dryer convey with the home, adding convenience for the next owner.Comfort is also a priority, with a new MasterCool system installed earlier this year, providing efficient cooling during the warmer months. Step outside to enjoy a backyard designed for easy outdoor living and entertaining. Artificial turf creates a clean, low-maintenance setting, while the pergola provides the perfect spot for outdoor dining, relaxing, or gathering with family and friends.With its central location, thoughtful features, and inviting indoor and outdoor spaces, this townhome offers a wonderful opportunity to enjoy comfortable, convenient living.

1910 Moneda Drive NW, Albuquerque

$339,990

4 Beds ⋅ 3 Baths

STUNNING Single Story Ladera Heights Home on Corner Lot Perched Just Under The Petroglyphs! Upgraded Luxury WOOD FRAMED Windows! New Furnace (2024)! Newer Roof, Penetrations Just Resealed! OWNED Solar! FRESH Two Tone Paint, New Waterproof Wood Laminate Flooring, PLUSH New Carpet, All New Baseboard, New Door Hinges/Hardware, Upgraded Decor Outlets/Switches! UPGRADED Kitchen w/ GRANITE Countertops, Tile Backsplash, New Sink Faucet, New STAINLESS STEEL Appliances! Upgraded Bathrooms w/ Matching Granite Counters! Master Suite W/ Large Walk In Shower and Walk in Closet! 2+ Living Areas or Huge 4th Bedroom + Additional Office/Study or Artist Studio! Attached 2 Car Garage, Floors Refinished! Fully Walled Backyard, Covered Pergola, Lots of Curb Appeal! Easy Access to Walking Trails, Schools, Shopping + More! SPOTLESS and MOVE In Ready! Priced Way BELOW Comps!

7701 Santa Lucia Street NW, Albuquerque

$389,900

3 Beds ⋅ 2 Baths

Welcome to this beautifully maintained Pulte-built home in The Boulders! Built in 2013, this 3-bedroom, 2-bath home sits on a desirable corner lot and features backyard access and refrigerated air. Inside, you'll find an open-concept layout with a spacious kitchen offering a convenient breakfast bar that flows seamlessly into the living area, along with a dedicated dining space. Tile flooring runs throughout the main living areas, with carpet in the bedrooms. The generously sized bedrooms provide comfortable living, while the spacious primary suite features a huge walk-in closet. The finished garage offers additional versatility with a gas connection for a garage heater. Step outside and enjoy a huge patio, low-maintenance turf, a beautiful water feature and plenty of space to relax and entertain. Conveniently located near a neighborhood park, grocery stores, gas stations, healthcare, restaurants and other everyday conveniences, this home offers comfort, functionality and easy living. Schedule your showing today!

9605 Basalt Peak Drive NW, Albuquerque

$315,000

4 Beds ⋅ 2 Baths

Welcome to 8408 Zydecko Ave SW, a beautifully refreshed home in Albuquerque with stylish upgrades throughout! The kitchen shines with updated countertops, cabinets, and stainless steel appliances. Fresh interior paint enhances the bright, inviting feel. Bathrooms have been upgraded with new vanities and flooring, while updated fixtures add a modern touch. Updated door hardware and thermostat ensure comfort and efficiency. Zydecko is around the corner from a park as well! With all these improvements, this home is truly move-in ready. Schedule your showing today!

8408 Zydecko Avenue SW, Albuquerque

$300,000

3 Beds ⋅ 2 Baths

Welcome to this inviting single story home in the Saltillo Community, offering 3 bedrooms, 2 bathrooms, and a 2 car garage. The bright living area features raised ceilings and a spacious layout that flows into the kitchen and dining area. Warm wood cabinetry, ample counter space, a breakfast bar, gas range, and tile flooring make the kitchen both functional and welcoming. Sliding glass doors open to a backyard with a patio and block wall enclosure, providing a blank canvas for your outdoor vision. Easy care front landscaping adds to this home's curb appeal.

10909 Del Carmen Street NW, Albuquerque

$330,000

4 Beds ⋅ 2 Baths

Welcome to this beautifully maintained 4-bedroom, 2-bathroom home on a desirable corner lot in The Trails community! This move-in-ready D.r. Horton home features an open-concept floor plan perfect for both everyday living and entertaining. Recent updates include fresh interior paint, new carpet, professionally cleaned windows and screens, granite countertops, and stainless steel appliances. The washer and dryer convey for added convenience.The spacious primary suite offers a walk-in closet and an oversized shower, creating a comfortable retreat. Step outside to a fully landscaped backyard featuring a lighted gazebo and string lights--an ideal setting for relaxing evenings, outdoor dining, or gathering with family and friends.Conveniently located near parks, walking trails, shopping, dining, and major commuter routes including Paseo del Norte and Unser Boulevard, this home offers both comfort and accessibility.Don't miss your opportunity to make this exceptional home yours--schedule your private showing today!

6823 Kayser Mill Road NW, Albuquerque

$330,000

3 Beds ⋅ 3 Baths

Welcome to this beautifully updated 3-bedroom, 2.5-bath home in the gated Altura community! Situated on a desirable cul-de-sac corner lot near a private park, this light-filled home features an open floor plan, wood and tile flooring, and a spacious primary suite with a large walk-in closet. The kitchen offers quartz-style countertops, a deep double sink, updated faucet and disposal, dishwasher, and stove. Additional updates include fresh paint, matte black hardware, updated bathroom fixtures and lighting, custom shelving, ceiling fans, and a newer garage door motor. The garage features an epoxy floor, wall organizers, and abundant storage. Enjoy the refreshed backyard with turf, custom fountain, mature jasmine, lavender, rosemary, and a pear tree. Conveniently located near freeways, shopping, higher education, and local amenities.

4261 Altura Mesa Lane NE, Albuquerque

$249,900

2 Beds ⋅ 2 Baths

Welcome to this bright and charming home featuring elegant arches, a beautiful layout, and inviting living spaces. Fresh interior paint and beautiful new flooring throughout create a clean, refreshed feel. The kitchen is ready for all your cooking adventures with brand-new granite countertops, a stylish tile backsplash, and new stainless-steel appliances. Step outside to a spacious yard with plenty of room for toys, entertaining, gardening, or simply enjoying the outdoors. Conveniently located near restaurants, shopping, and everyday amenities, this home offers the perfect blend of comfort, style, and convenience. Charming, beautifully updated, and ready for its next owner. Don't miss the opportunity to make it yours!

3129 Mares Road SW, Albuquerque

527 Saddle Blanket Trail SW, Albuquerque

$307,000

3 Beds ⋅ 3 Baths

Spacious two-story home offering four bedrooms, two full bathrooms and a convenient half bath, with approximately 1,900 square feet of well-planned living space. The main level features updated flooring and multiple living areas, including a generous living room and separate family room, providing flexibility for everyday living and entertaining. The kitchen opens to the dining area and offers ample cabinetry, stainless steel appliances and easy access to the main gathering spaces. Upstairs, the primary suite features a walk-in closet and private bath, accompanied by three additional bedrooms and a second full bathroom. Additional highlights include an attached two-car garage, low-maintenance landscaping and a backyard with no rear neighbors for added privacy. Brand-new roof installed October 2026. A functional layout, spacious rooms and thoughtful updates make this home ready for its next owner.

527 Saddle Blanket Trail SW, Albuquerque

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Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.