Fairgrounds Real Estate

Welcome to Fairgrounds, a vibrant and charming neighborhood nestled in the heart of Albuquerque, New Mexico. This delightful community is located in Bernalillo County, offering residents the perfect blend of urban convenience and suburban tranquility.

Fairgrounds is known for its picturesque streets lined with mature trees and well-maintained homes, creating a welcoming atmosphere for families and individuals alike. The neighborhood is a true hidden gem, providing a peaceful retreat from the hustle and bustle of city life while still being just a short drive away from all the amenities and attractions that Albuquerque has to offer.

Residents of Fairgrounds enjoy easy access to a variety of local parks, shopping centers, and dining options, making it a desirable location for those seeking a balanced lifestyle. With its close-knit community feel and strong sense of pride, Fairgrounds is a place where neighbors quickly become friends and newcomers are warmly welcomed.

Whether you're looking to settle down in a cozy bungalow or a spacious family home, Fairgrounds has something for everyone. Come and discover the beauty and charm of this wonderful neighborhood in Albuquerque – you may just find your perfect place to call home.

Newest Listings in Fairgrounds

$355,000

3 Beds ⋅ 2 Baths

7211 Mountain Road NE, Albuquerque

$420,000

5 Beds ⋅ 3 Baths

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.632 Alcazar is also listed for sale and can be bought together.

630 Alcazar Street SE, Albuquerque

$420,000

3 Beds ⋅ 2 Baths

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.

632 Alcazar Street SE, Albuquerque

$329,900

6 Beds ⋅ 3 Baths

Welcome home to 428 Rhode Island St. NE, a thoughtfully remodeled triplex in the heart of Albuquerque. These spacious 2-bedroom, 1-bathroom apartments deliver the ideal balance of modern style and everyday functionality. Enjoy sleek tile flooring throughout the main living areas, plush carpeted bedrooms for ultimate comfort, and sturdy security screens on all doors and windows for total peace of mind. Complete with dedicated on-site parking, this property makes effortless living standard.

428 Rhode Island Street NE, Albuquerque

$495,000

4 Beds ⋅ 2 Baths

Beautifully Renovated NE Heights Charmer -- Move-In Ready!Come see this beautifully renovated home in the desirable NE Heights of Albuquerque, where Southwest charm meets modern luxury. Thoughtfully remodeled with high-end finishes throughout, this turn-key home is ready for you to move in and enjoy!The stunning kitchen features custom cabinetry, granite countertops with a waterfall edge, and updated appliances, including a new oven and microwave, plus a newer refrigerator, dishwasher, washer, and dryer.Both bathrooms have been completely renovated with custom tile and stylish modern finishes. Throughout the home, you'll find new energy-efficient windows and doors, LVP flooring, modern fixtures, and recessed lighting, creating a clean, contemporary feel while maintaining the home's charm.Additional updates include a new water heater, two A/C units approximately three years old, a well-maintained heating system, and a newly epoxy-coated garage floor.Step outside to beautifully maintained landscaping. The front yard is xeriscaped with bubblers, while the backyard features working bubblers and sprinklers, mature shrubbery, a shed, and designated spaces for entertaining, relaxing, or enjoying the outdoors.Conveniently located near restaurants, shopping, and everything the NE Heights has to offer, this home delivers the perfect combination of style, comfort, and location.Beautifully remodeled. Thoughtfully upgraded. Completely move-in ready. This one won't last long!

7709 Summer Avenue NE, Albuquerque

$255,000

2 Beds ⋅ 1 Baths

Major fixer-upper opportunity. The property is in poor condition and cited as substandard with the city not safe to enter. The property will require extensive repairs and updates throughout, including but not limited to roof, plumbing, flooring, paint, and water damage remediation. Not move-in ready. Property is being sold as-is, with no repairs by seller.

336 Rhode Island Street NE, Albuquerque

$348,000

3 Beds ⋅ 2 Baths

Don't miss this move-in-ready gem. At under two hundred dollars per square foot, this three-bedroom, two-bathroom home offers exceptional value. The fully updated kitchen features light wood cabinetry, butcher-block countertops, and a striking blue marble-style backsplash, with stainless steel appliances that all convey with the home. Refinished hardwood floors flow through the main living areas. A cozy family room with a brick fireplace adds warmth. The new refrigerated AC keeps the house comfortable through the hottest days. Outside, the private backyard includes raised garden beds, mature trees, and a storage shed. With a two-car garage and a convenient location near parks, schools, and shopping, this home is ready for its next chapter.

1104 Alcazar Street NE, Albuquerque

$335,000

4 Beds ⋅ 2 Baths

Your new home offers 4 bedrooms and 2 baths with lots of square footage, an open floorplan, and a wooden deck upstairs--deck faces east with great mountain views. Original wood floors on bottom floor. The home has been remodeled featuring a new HVAC system, new appliances, plumbing, gas and electrical upgrades. Check out the new bathroom shower and tub, the new fixtures and sinks! New roof in 2019 and sewer pipe from house to street 2025; a large shed in the back yard. Nice, quiet neighborhood in the fairgrounds area make this home a must see.

412 Grove Street NE, Albuquerque

$315,000

3 Beds ⋅ 2 Baths

This home has so much to offer! Major updates completed in 2023 include a furnace, water heater, evaporative-cooler, roof, windows, kitchen granite countertops, stainless farm sink, cabinets with crown molding, stove, and garbage disposal, providing added peace of mind. Inside, you'll find a carpet-free interior and a comfortable layout ready for you to make your own.The spacious 0.22-acre lot features convenient backyard access, offering plenty of possibilities for RV parking or the potential to build an ADU. It features a huge covered porch! A contemporary style extension was made in 2020 to the cinder block wall, raising the privacy to about 6 ft.' Wrought iron fencing has been added to the front and back yards.Conveniently located near shopping, restaurants, and everyday amenities, this property offers a great combination of updates, space, and flexibility.Seller financing may be considered with 20% down, 6% interest, and a 5-year call.

1009 Dakota Street NE, Albuquerque

$299,900

3 Beds ⋅ 2 Baths

Super cute with curb appeal! 3 bedrooms, 1 full bath and one 3/4 bath. Laundry room has tons of room and was designed for a stackable washer and dryer, water heater replaced 1/26. Spend time under the large covered patio and deck, backyard is huge and ready for your special touch! Maintenance recently done on roof. Virtual staging in photos to help you plan your rooms!

5417 Granite Avenue NE, Albuquerque

$349,900

6 Beds ⋅ 4 Baths

Excellent investment opportunity! This well-maintained 4-plex offers a desirable unit mix with two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, providing broad rental appeal. Major updates include a TPO roof with transferable warranty, newer fencing, and refreshed stucco surfaces for added curb appeal and peace of mind. Inside, all units feature easy-care flooring with no carpet and all-electric systems for simplified maintenance and repairs. Each unit includes a stove and refrigerator, with select units offering washer hookups for added tenant convenience. A fantastic opportunity to expand your portfolio with a property designed for long-term value and low-maintenance ownership.

211 Texas Street NE, Albuquerque

$325,000

5 Beds ⋅ 4 Baths

4-unit multifamily investment located in a rapidly improving corridor of Northeast Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a high cap rate, strong cash-on-cash returns, and durable demand from long-term workforce tenants.The surrounding neighborhood has seen substantial momentum, including a brand-new public library and park, along with ongoing residential and mixed-use construction nearby. These improvements support long-term appreciation while maintaining strong rental demand.The asset is a C-class, workforce housing property, which historically performs well through market cycles due to affordability, necessity-driven demand, and tenant longevity. Current tenants are stable, long-term residents.

236 San Pablo Street NE, 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.