Near North Valley Homes under $400,000

Welcome to the enchanting Near North Valley, a hidden gem nestled in the heart of Albuquerque, New Mexico. This vibrant neighborhood, located in Bernalillo County, offers a unique blend of rich cultural heritage and modern amenities, making it an ideal place to call home.

The Near North Valley is known for its picturesque landscapes, featuring lush greenery, charming adobe-style architecture, and stunning views of the Sandia Mountains. Residents enjoy a close-knit community atmosphere, where local events and farmers' markets bring neighbors together. The area is also steeped in history, with beautiful historic homes and access to the Rio Grande, perfect for outdoor enthusiasts who appreciate hiking, biking, and nature walks.

For those seeking affordable housing options, the Near North Valley has an array of charming homes available for under $400,000. Whether you're a first-time homebuyer, a growing family, or looking to downsize, you'll find a variety of choices that cater to your needs. From cozy single-family homes with spacious backyards to modern townhouses with contemporary finishes, this neighborhood offers something for everyone.

Moreover, the Near North Valley is conveniently located near schools, shopping centers, and dining options, ensuring that you have everything you need right at your fingertips. With its welcoming community spirit and affordable housing market, the Near North Valley is not just a place to live—it's a place to thrive. Come explore this delightful neighborhood and discover the perfect home for you!

Newest Near North Valley Homes under $400,000

601 Menaul Boulevard NE Unit UNIT 2001, Albuquerque

$250,000

2 Beds ⋅ 2 Baths

Welcome to this inviting 2-bedroom, 2-full-bath condo in Albuquerque, offering comfort, convenience, and an excellent community setting. The open-concept floor plan creates a spacious feel and provides a great layout for everyday living and entertaining.Enjoy your own small private balcony/porch, perfect for relaxing and enjoying your morning coffee. The gated community offers fantastic amenities, including an outdoor swimming pool, hot tub, clubhouse, and playgrounds--all just steps from the front door, making this a convenient setting for families. The property also includes a 1-car garage plus 2 additional parking spaces, providing plenty of parking for residents and guests. A new tankless water heater adds efficiency and convenience.Located near the Big I, this home offers easy access to major roadways and is approximately 7 minutes from the Rail Runner station and just minutes from the University of New Mexico. Whether you're looking for a comfortable home or a convenient location close to work, school, transportation, and amenities, this property is worth a look!

601 Menaul Boulevard NE Unit UNIT 2001, Albuquerque

$394,500

4 Beds ⋅ 3 Baths

Open House this weekend: Sunday, October 4th from9am-11am. This luxurious modern home offers 4 bedrooms (2 PRIMARY SUITES one upstairs and one downstairs) and 3 bathrooms. This beautiful home is in the heart of the North Valley and features a 2,059 sq. ft. layout. The beautiful kitchen equipped with granite countertops, upgraded cabinetry, a gas stove and a breakfast bar overlooking the bright, open-concept living and dining area. Luxury laminate flooring runs through the whole first level including one of the first primary bedroom and walk in closet. The spa-like primary suite upstairs has double sinks, a garden tub, and a nice walk-in closet. The low-maintenance back patio is a perfect place to have a nice glass of wine after a log day or has easy access to trails nearby for nice walks with the kids or fur babies. This is an ideal home for families that have a spouse working from home, multigenerational living, siblings wanting to build equity or those families who have been looking for that perfect home in the North Valley,

267 San Clemente Avenue NW, Albuquerque

$230,000

1 Beds ⋅ 1 Baths

Move fast on 526 Apache Ave NW because this one has been refreshed from top to bottom and comes with a $5,000 buyer incentive PLUS a 13-month home warranty! This charming single-story Albuquerque home is practically NEW, NEW, NEW, with a new roof, new stucco, new AC, new heaters, new flooring, new landscaping, new appliances, new cabinets, fresh paint, and a newly remodeled bathroom all coming together to create a clean, move-in-ready home with a fresh modern feel. Inside, you'll find bright, comfortable living spaces, attractive new flooring, a sharp updated kitchen with stainless appliances, dark cabinetry, updated countertops and backsplash, plus a beautifully refreshed bathroom with contemporary finishes. Outside, the property offers low-maintenance landscaping, mature trees, private fenced areas, patio space, and a storage shed, giving you plenty of flexibility for relaxing, entertaining, pets, hobbies, or extra storage. Don't wait until someone else makes it theirs. Schedule your showing today and come see why the next thing NEW about this home could be YOU! Cash or Conventional Financing Only.

526 Apache Avenue NW, Albuquerque

$245,000

3 Beds ⋅ 2 Baths

Welcome to 1212 La Poblana! This home showcases a 3 bedroom, 2 bathroom floorplan with tile floors throughout, making cleanup a breeze! The backyard is fenced and a nice size and the home is perfectly situated just minutes from newer shops, restaurants and the Indian Pueblo Cultural Center. Recent upgrades to the property include a newer roof (installed in 2026) and a refreshed backyard fence.

1212 La Poblana Road NW, Albuquerque

$240,000

2 Beds ⋅ 1 Baths

Located in a quiet neighborhood, this well-maintained townhouse offers 2 bedrooms, 1 bathroom, and a 1-car garage. Fresh interior paint creates a clean, refreshed feel, while a new water heater adds a recent system improvement. The roof and stucco are less than 5 years old. The backyard extends the living space outdoors with a covered patio, grassy area, and flowers, creating a pleasant setting for relaxing or enjoying time outside. Home has easy access to all areas of Albuquerque.

545 Berry Road NW, Albuquerque

$360,000

6 Beds ⋅ 4 Baths

Two permitted houses on one lot. One loan, one tax bill, two rent checks. That is the pitch. The back house runs 1,391 square feet with 3 bedrooms and 2 baths. The second is 1,258 square feet, 3 bed and 1.5 bath, for roughly 2,649 square feet of rentable space. Both were built in 1940 and both are on record as legal dwellings, so the second unit is not a zoning argument waiting to happen at appraisal. Price reflects it an opportunity waiting for that savvy investor. What you are buying is a corrected rent roll, not a turnkey product. One side carries a tenant, so the numbers start working while the other side gets its rehab. North Valley, 87107, close to Fourth Street and a quick shot to I-40 and Old Town. Bring a contractor, run your own numbers, and schedule a showing.

601 Veranda Road NW, Albuquerque

$359,900

2 Beds ⋅ 2 Baths

Welcome to 5103 San Luis, Brand new construction, seller tore down old house, only bearing walls were standing, (block walls).Everything is new, new sewer line, new electrical, new plumbing, new insulation, new roof and refrigerated air. Recessed lighting throughout the house. ceiling fans, walk in closet in master bedroom. Open space concept for living room, dining and kitchen area. Cathedral ceilings. Covered patio in the back is 14 x 8, good size laundry room 14 x 7.6'. come and see this home before it sells.

5103 San Luis Place NW, Albuquerque

$373,000

3 Beds ⋅ 2 Baths

Welcome to a beautiful one of a kind retreat in highly sought after gated community in the North Valley! This beautiful this home features refrigerated AC, metal roof, new interior paint, recent furnace and water heater (2024), updated kitchen with solid wood countertops, high ceilings, low maintenance yards, and the washer/dryer/refrigerator stay as well! Dont miss out on this opportunity!

1527 Phoenix Avenue NW, Albuquerque

$349,000

3 Beds ⋅ 2 Baths

** Seller is offering $5,000 credit to Buyer towards Buydown or Closing Costs!!** Welcome to this absolutely gorgeous, completely remodeled 3-bedroom, 2-bath home in Northwest Albuquerque! Thoughtfully updated from top to bottom, this beautiful residence offers modern style, functionality, and comfortable living spaces throughout.The home features two spacious living areas, providing plenty of room for entertaining, relaxing, or creating a separate family room or home office. Beautiful luxury vinyl flooring runs throughout the entire home--no carpet! The stunning remodeled kitchen is both beautiful and highly functional, with ample workspace designed for those who truly enjoy cooking and entertaining.Major updates include a new roof completed in September 2026, adding valuable peace of mind for the new owners. The home also offers backyard access, providing excellent flexibility for vehicles, recreational equipment, or outdoor projects. Located on a quiet, established street while still being conveniently close to restaurants, shopping, and everyday amenities. Nature lovers will appreciate being just a short distance from the Rio Grande Bosque, offering easy access to walking, biking, and the beautiful outdoor spaces Albuquerque is known for. This move-in-ready home combines a gorgeous remodel with a functional floor plan and an excellent Northwest Albuquerque location. Don't miss the opportunity to make this beautifully updated home yours!

2909 18th Street NW, Albuquerque

$295,000

2 Beds ⋅ 1 Baths

Step into the warmth and character of classic New Mexico in this inviting townhouse, designed by Hap Crawford, a legendary Albuquerque architect celebrated for his distinctive Southwestern style. Authentic architectural details include exposed beams, vigas and warm Saltillo tile. High ceilings, and skylights create an abundance of natural light. The inviting kitchen features a gas stove, recently purchased refrigerator, dishwasher, and microwave, Large laundry room includes the washer and dryer. Two comfortable bedrooms with new carpet each open directly to the backyard, creating an easy connection to the low-maintenance patio. An ideal spot for morning coffee, afternoon sunshine, or relaxing under Albuquerque's beautiful skies.The spacious full bathroom offers ample storage and functionality.Enjoy the convenience of being close to the Indian Pueblo Cultural Center, neighborhood parks, local restaurants, and the many experiences that make Albuquerque such a special place to call home.

2602 Los Tomases Drive NW, Albuquerque

$290,000

2 Beds ⋅ 2 Baths

This serene, centrally located north valley home backs to Harwood Lateral Acequia and walking trails. The lower level offers a great room with sliding doors to both the front and backyard areas, a kitchen overlooking the back and a 1/2 bath. The upper level consists of 2 bedrooms with amazing views and a full bath. The private courtyard provides a wonderful space to relax and enjoy Albuquerque's amazing weather. The backyard has direct access to the acequia trail and is surrounded by mature Cottonwoods. Truly a standout home at this price point in the north valley.

5439 6th Street NW, Albuquerque

$265,000

4 Beds ⋅ 2 Baths

WOW. 3-4 Bedroom depending on what you want to do, let your imagination do its work. HVAC combo unit, newer roof, could have 2 kitchens it's set up for that. Or you can have a 4-bedroom house. Call your realtor now this house will sell fast. Seller will include washer, dryer, stove with acceptable offer

330 Cutler Avenue 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.