UNM South Homes under $500,000

UNM South Homes under $500,000

Welcome to UNM South, a vibrant neighborhood nestled in the heart of Albuquerque, New Mexico. This charming area is renowned for its rich cultural tapestry, as it is closely connected to the University of New Mexico (UNM), making it an ideal locale for students, faculty, and families alike. With its stunning views of the Sandia Mountains and a warm, inviting community atmosphere, UNM South offers a unique blend of urban convenience and natural beauty.

The real estate market in UNM South is particularly appealing for those seeking homes under $500,000. Here, you’ll find a diverse range of properties that cater to various lifestyles and preferences. From quaint single-family homes with lush gardens to modern townhouses boasting contemporary finishes, there’s something for everyone. The affordability of these homes makes it an excellent opportunity for first-time buyers, investors, or anyone looking to settle in a dynamic area without breaking the bank.

UNM South is not just about homes; it’s also about lifestyle. Residents enjoy easy access to local parks, cafes, and shops, all within a short distance from the university. The community is alive with art, culture, and a plethora of recreational activities, ensuring that there’s never a dull moment.

Whether you’re drawn to the rich history or the vibrant community spirit, UNM South is a place where you can truly feel at home. Explore the possibilities today and discover the perfect home that fits your budget and lifestyle in this enchanting Albuquerque neighborhood!

Newest UNM South Homes under $500,000

3600 Central Avenue SE Unit UNIT 105, Albuquerque
$355,000
2 Beds ⋅ 2 Baths
3 months HOA prepaid!! Experience this elegant, light-filled home in the award-winning Architecture of The Carlisle on historic Route 66. Bright open floor plan features wood floors, white shaker cabinets, quartz counters, stainless appliances & in-unit washer/dryer. Private entrance opens to your own courtyard; no neighbors behind the bedrooms for peaceful privacy.The Rooftop terrace delivers spectacular Sandia Mountain views, New Mexico sunsets & BBQ where entertaining becomes unforgettable. Building offers controlled access, elevator (ADA), secure underground parking with EV charging & separate storage, plus a serene garden with waterfall.Location is unmatched - steps from Nob Hill's top restaurants, cafes, boutiques, nightlife, the co-op grocery, and the University of New Mexico. Walk everywhere, yet come home to peace and privacy. Can come fully furnished. Enjoy this Tranquil yet vibrant urban living at its finest. Whether you're seeking a primary residence, pied-a-terre, or smart investment, this is the rare opportunity you've been waiting for in the HEART of Albuquerque's most vibrant neighborhoods.

3600 Central Avenue SE Unit UNIT 105, Albuquerque
1324 Spence Avenue SE, Albuquerque
$277,500
2 Beds ⋅ 2 Baths
Enjoy peace of mind in this wonderful move-in ready, single-story, 2-bedroom, 2-bath home featuring a roof replaced in 2024, along with a water heater, flooring, paint, and select kitchen updates completed that same year. Stainless steel kitchen appliances, including the refrigerator, plus the washer and dryer, are included!The open floor plan creates a welcoming space, while a convenient nook offers room for a home office or study.Unwind in the spacious primary suite, a private retreat with a wood-burning fireplace, seating area, high ceilings, high windows, walk-in closet, en suite bathroom with a shower, and direct backyard access.Outside, the spacious lot features low-maintenance landscaping, backyard access on both sides of the home, a covered carport/patio area, a spacious detached shed, and attached storage with lighting.

1324 Spence Avenue SE, Albuquerque
1009 Truman Street SE, Albuquerque
$207,000
2 Beds ⋅ 1 Baths
Bring your investors, DIY'ers, Flippers, handypeople -- loads of potential, waiting for your personal touch. Hardwood floors in LR, hall and BR's, some bath updating. SS appliances stay, recent water and sewer line replacement, updated electrical panel, recent water heater. Nice sized lot.

1009 Truman Street SE, Albuquerque
1200 W Wilmoore Drive SE, Albuquerque
$235,000
2 Beds ⋅ 2 Baths

1200 W Wilmoore Drive SE, Albuquerque
3512 Anderson Avenue SE Anderson Unit # A, Albuquerque
$310,000
2 Beds ⋅ 1 Baths
Attractive Updated 1 story ground level Condo in a complex that currently has 3 units. This 1 story condo is 839 SQ FT w/ 2 bedrooms, newly refinished Hardwood floors, a beautiful fully remodeled kitchen, and 1 full bathroom. The Kitchen features new cabinetry, countertops, waterproof laminate floors, new induction electric stove, plus new dishwasher and refrigerator. 4 mini-splits (heating and cooling) make temperature regulation a breeze. On demand water heater. New Washer and high efficiency Dryer. Custom built cherry floor to ceiling cabinets in 1 bedroom and in also in hallway. Dedicated 8 x 10 Storage shed in yard. The condo complex has attractive Shared Common Grounds with a bonus 200 SQ FT Retreat studio. This maximum of 4 units complex sits on a .22 acre lot with a $125 per month HOA where each owner is on the Board of Directors. Although each unit is individually owned, owners can choose to engage in community activities and / or enjoy the shared common grounds and common Retreat, Yoga, and / or Meditation studio. Prospective buyers are encouraged to meet with the current Board of Directors to see if this condo project is a good match for them. The HOA pays water, sewer, garbage and internet. The HOA Documents prohibit purchase by an investor. The .2164 Acre lot is shared by all owners as common space.

3512 Anderson Avenue SE Anderson Unit # A, Albuquerque
2808 Kathryn Avenue SE, Albuquerque
$325,000
2 Beds ⋅ 1 Baths
Welcome to 2808 Kathryn Ave SE, a highly sought-after Pueblo-style home that beautifully blends timeless character, everyday comfort, and thoughtful modern updates. From the moment you enter, the home's inviting atmosphere and classic details are immediately apparent. The red oak hardwood floors have been carefully sanded and professionally refinished, bringing out their natural warmth and beauty while creating a cohesive flow throughout the living spaces. Professional interior painting adds a fresh, polished feel, and the kitchen and back room have been freshly painted to enhance their clean, updated appearance.The back room offers a comfortable and versatile space for relaxing, entertaining, working, or gathering with family and friends. A new wood-burning stove provides efficient warmth and helps heat the entire home, creating a cozy atmosphere during cooler months. For added year-round comfort, mini-split heating and cooling systems serve the back room, front room, front bedroom, and rear bedroom, allowing for individualized temperature control in key areas of the home.The property also features a number of important recent upgrades designed to provide convenience, efficiency, and peace of mind. Improvements include a 2024 hot water heater, an updated electrical panel, and a solar system. Electric vehicle owners will appreciate the Wolfbox EV fast charger, installed on a dedicated 50-amp circuit. A brand-new washing machine adds further convenience and value.Outside, the property offers privacy and functionality with a perimeter wall and rear sliding gate. Covered parking for two vehicles provides protection from the elements and adds practical off-street parking. With its distinctive Pueblo-style character, beautifully refinished hardwood floors, flexible living spaces, modern systems, and extensive upgrades, this home presents a welcoming and well-appointed place to call home!

2808 Kathryn Avenue SE, Albuquerque
300 Aliso Drive SE, Albuquerque
$300,000
3 Beds ⋅ 2 Baths
This adorable UNM south home sits on a corner lot across the street from Morningside Park and just a short walk from Wellesley Park. The Saltillo tile floors and darling, custom, wood-burning fireplace give this home a warm and cozy feel from the moment you enter. 3 quaint, colorful bedrooms and 2 baths provide the space you need to relax or tap into your creativity. Good size east-facing backyard with possible backyard access. Roof was replaced in 2021, water heater replaced in 2023. Schedule your showing today!

300 Aliso Drive SE, Albuquerque
2723 Hyder Avenue SE, Albuquerque
$440,000
4 Beds ⋅ 2 Baths
**Versatile Home with Multi-Generational & Income Potential!**Discover the possibilities, ideally located near Nob Hill, Hyder Park, UNM, CNM, and within a convenient distance of Kirtland Air Force Base. This property offers a unique layout with flexibility for a variety of living arrangements and future possibilities. The property also includes solar, adding an energy-conscious feature to the home.The home features a primary bedroom with an attached bathroom and an additional office/flex space that could potentially be converted into a 4th bedroom, providing the opportunity for a 4-bedroom, 2-bathroom configuration. Multiple exterior access points from the primary bedroom, bathroom, and office/flex area add even more flexibility to the layout.Another unique feature is washer and dryer hookups located on two separate sides of the home, creating the potential for separate living areas. With the right improvements and subject to applicable zoning, permitting, and other requirements, the property may offer potential for an attached multi-family or residential income configuration.Whether you're looking for a spacious home with additional bedrooms and flexible living space, a multi-generational living arrangement, or an opportunity to create a residential income property, this home provides plenty of possibilities. Its convenient location puts you close to parks, schools, universities, employment centers, shopping, and dining.**Bring your vision and explore the potential this property has to offer!**

2723 Hyder Avenue SE, Albuquerque
2734 San Rafael Avenue SE, Albuquerque
$280,000
2 Beds ⋅ 1 Baths
This charming 2-bedroom, 1-bath home features beautiful hardwood floors and a beautiful, spacious backyard -- perfect for entertaining, gardening, or simply relaxing outdoors. Refrigerator, washer, dryer, and microwave all stay with the home. Located just minutes from UNM, Nob Hill's shops, cafes, and restaurants, with nearby parks for outdoor recreation, this home offers the ideal blend of quiet residential charm and easy access to everything Albuquerque has to offer. Don't miss this fantastic opportunity -- schedule your showing today!

2734 San Rafael Avenue SE, Albuquerque
526 Dartmouth Place SE, Albuquerque
$240,000
2 Beds ⋅ 1 Baths
Charming 2-3 Bedroom Home near Popular Bandelier Elementary School. Close to Nob Hill, UNM, and Ridgecrest. Ernie Pyle Library is a Easy Walk. Original Wood Floors. Addition could be 3rd Bedroom, Office, Craft Room, or use your imagination! Roomy Kitchen and Main Living Area. Large Garage was built on Zero Lot Line. Shared Garage and Driveway not confirmed by Survey. Marks are estimates only.

526 Dartmouth Place SE, Albuquerque
1907 Anderson PL SE, Albuquerque
$450,000
4 Beds ⋅ 3 Baths
SPACE, CHARACTER & VALUE IN RIDGECREST! Nearly 2,400 SF with 4 bedrooms, a possible 5th/flex space, 3 baths --all now offered at $450,000. This versatile two-story home delivers the space today's buyers are looking for without sacrificing the character that makes Ridgecrest special.A main-level primary suite provides privacy and convenience, while multiple living areas, an upstairs loft and dedicated office/studio create endless possibilities for working from home, guests, hobbies, play space or multi-generational living. Classic coved ceilings, arched doorways, hardwood and Saltillo tile floors, Talavera accents and abundant natural light bring warmth and authentic Albuquerque charm throughout.Major improvements include REFRIGERATED AIR, thermal double-pane windows and a TPO roof replaced in 2022. Outside, mature trees, inviting patios and a walled backyard provide space to relax and entertain. All of this in an established Ridgecrest setting just minutes from Nob Hill, UNM, Kirtland AFB, Sandia Labs, parks, dining and shopping.If you've seen this home before, it's time to take another look!

1907 Anderson PL SE, Albuquerque
4700 Crest Avenue SE, Albuquerque
$399,900
3 Beds ⋅ 3 Baths
Welcome home to this beautifully updated three bedroom, three bath gem in the heart of Ridge Crest, Albuquerque. Offering over 1800 square feet of thoughtfully flowing living space, this home boasts gorgeous hardwood floors and abundant character throughout. The updated kitchen shines with granite countertops, newer cabinetry, newer appliances, and a charming fireplace that adds warmth and ambiance to the heart of the home.Major systems have all been thoughtfully updated, including: New Water Heater, Newer windows, New Dishwasher, TPO Roofing, a brand new heating and cooling system and here's the showstopper: solar energy system will be fully paid off at closing that can dramatically reduce your electric bills; a rare bonus buyers will love.Step outside to a spacious backyard on a generous lot, perfect for entertaining or relaxing. There's also a one car garage and a good sized Tiled laundry room for everyday convenience. This home truly has it all: updated, efficient, and full of character.

4700 Crest Avenue SE, 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.

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