UNM Homes under $400,000

Welcome to the vibrant community of UNM (University of New Mexico) in Albuquerque, New Mexico, where the charm of Southwestern living meets the energy of a dynamic university town. Nestled in Bernalillo County, this area is not just a hub of academic excellence but also a lively neighborhood filled with culture, art, and outdoor adventures.

UNM boasts a unique blend of historic architecture and modern amenities, making it an attractive destination for families, students, and professionals alike. With its close proximity to the university, residents enjoy easy access to a plethora of cultural events, art galleries, and recreational facilities. The stunning Sandia Mountains provide a breathtaking backdrop for outdoor enthusiasts, offering hiking, biking, and skiing opportunities just a stone's throw away.

For those seeking their dream home in this vibrant area, you’ll be delighted to discover a variety of options under $400,000. Whether you’re looking for a cozy adobe-style home, a contemporary townhouse, or a charming bungalow, UNM has something for everyone. These homes not only provide affordability but also offer the chance to immerse yourself in a thriving community with a rich cultural heritage.

Additionally, the local real estate market is thriving, making it an excellent time to invest in a property here. With its friendly neighborhoods, excellent schools, and a multitude of amenities, UNM is the perfect place to call home. Explore the possibilities and discover your ideal residence in this enchanting corner of Albuquerque!

Newest UNM Homes under $400,000

$339,900

3 Beds ⋅ 2 Baths

Cutler Casas - Polly Maguire's modern and contemporary townhomes close to Netherwood Park and UNM! Built in 1977 with a very forward-thinking design that features main-level primary suite and wonderful architectural elements including wood floors, tongue-&-groove ceiling, leaded glass, and kiva fireplace. This townhome has been beautifully maintained by the original owner and is attached on one side only. There are no HOA dues! Spacious living room + dining area + kitchen with breakfast nook. Primary suite offers walk-in closet + remodeled bath with travertine marble and separate vanity. Upstairs are two bedrooms, plentiful storage (2 walk-in closets!), another remodeled full bath (travertine marble!) and mountain views. Gated front courtyard with patio + backyard with pond, flagstone patio, simulated lawn and concrete picnic table with benches. Two car garage. Recent updates include 50-gallon water heater and AeroCool evap cooler. Popular location close to parks, law/med schools and golf!

2925 Cutler Avenue NE, 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

$360,000

2 Beds ⋅ 2 Baths

This inviting 2-bedroom, 1 3/4-bath home offers 1,320 square feet and features two spacious living areas. The family room includes a fireplace, creating a welcoming space for relaxing or entertaining. The kitchen includes all appliances including refrigerator and washer and dryer for added convenience. Primary bedroom has a modern en suite bath. A durable metal roof and the quiet street setting adds to the home's appeal. Conveniently located close to UNM, shopping, and quick freeway access, this property combines comfortable living spaces with everyday convenience.

804 Wellesley Drive NE, Albuquerque

1821 Dartmouth Drive NE Unit 104, Albuquerque

$223,000

2 Beds ⋅ 1 Baths

Super Charming and Updated Condo In Convenient UNM Area * Seller Has Updated Flooring, Painted, and Completely Remodeled the Bathroom * This Stylish Unit Has a Great Location Near Whole Foods, Netherwood Park, and a Reasonable Distance to UNM * Two Nice Sized Bedrooms Would Be Good for Roommates or Use One Bedroom As An Office/Study * In Unit Washer/Dryer Hook Ups * Forced Air Heating with Refrigerated Air * Thermal Windows * Outdoor Patio Space * Off Street Parking and Covered Parking for a Monthly Fee (Limited Spaces Available) * A Great Opportunity at A Great Price!

1821 Dartmouth Drive NE Unit 104, Albuquerque

$350,000

2 Beds ⋅ 3 Baths

San Francisco in Albuquerque!' Discover one of Albuquerque's most distinctive townhomes in historic Mulberry Row, a collection of turn-of-the-century-inspired residences known for architectural character rarely found in the city. Located in the desirable Spruce Park Neighborhood, with no HOA, 501 Mulberry blends Victorian Revival influence, old-world craftsmanship and a truly unique sense of history. The floor plan offers two primary suites and 2 1/2 bathrooms, providing privacy and flexibility for owners and guests. Interior highlights include a cast-iron fireplace mantel, cast-iron balustrades, reclaimed hardwood flooring originally sourced from a gymnasium, travertine flooring and fresh interior paint. Natural light fills the home through thermal double-pane windows, while central forced-air gas heat and evaporative cooling provides year-round comfort. The history behind Mulberry Row makes this property especially compelling. When the development was introduced in 1985, it was featured in an article titled 'Mulberry Row: San Francisco in Albuquerque'. Its turn-of-the-century design incorporates salvaged architectural materials and antiques from older buildings, including historic cast-iron elements, stained-glass windows and reclaimed wood. Additional features include a roof replaced in 2013, and a detached two-car garage offering valuable parking and storage. Dramatic rooflines, substantial ironwork, reclaimed wood and natural stone give the home a character that feels collected over generations rather than reproduced. Conveniently located near UNM, Downtown, UNMH and Pres. Hospitals, Nob Hill, dining, culture and entertainment, 501 Mulberry offers history, craftsmanship and architectural distinction that would be exceptionally difficult to recreate today - all with no HOA!

501 Mulberry Street NE, Albuquerque

$333,900

3 Beds ⋅ 2 Baths

Looking for a home near UNM, UNM Hospital or Nob Hill? 1728 Bryn Mawr Dr NE offers a rare chance to own a detached 3-bedroom Pueblo-style home in a convenient central Albuquerque location. Historic character includes hardwood floors, thermal double-pane windows, high ceilings with clerestory windows in the primary bedroom, an attached 1-car garage, xeriscaped yards, flagstone patio and pergola-style arbor. Recent improvements include a 2025 furnace located in the crawlspace, 2025 refrigerated A/C, owned solar and solar light tubes that bring natural light indoors. The flexible 3-bedroom layout offers space for sleeping, office, study or guests. Close to UNM, UNM Health Sciences, UNM Hospital, Nob Hill, parks, dining, shopping and I-25. An appealing alternative to a condo or years of area rent, with a usable lot, central location and room to personalize over time.

1728 Bryn Mawr Drive NE, Albuquerque

$349,990

3 Beds ⋅ 2 Baths

STUNNING Single Story Home Located in Highly Desired NOB HILL Area! Brand NEW STUCCO + Newer TPO Roof! Upgraded Electrical Panel + Brand New Water Heater! Upgraded Dual Pane Windows! FRESH Two Tone Interior/Exterior Paint, New Waterproof Wood Laminate Flooring, PLUSH New Carpet, All New Baseboard, New Doors/Hinges/Hardware, New Outlets/Switches, New LED Lighting Package! UPGRADED Kitchen w/ New Shaker Style Cabinets, New GRANITE Countertops w/ Island Seating, Subway Tile Backsplash, New Faucet/Sink/Disposal, New STAINLESS STEEL Appliances! Upgraded Bathrooms w/ New Shower Valves/Trim Kits, Premium New Floor/Shower Surround Tile, New Toilets, New Vanities + Faucets! Oversized Garage w/ Brand New Door + Opener! New Concrete Driveway! LARGE Lot w/ Alley Access and Backyard Access for RV/TRAILER Parking + More! Plenty of Room for Possible ADU or Casita Build! Major Curb Appeal Here, SPOTLESS and MOVE IN Ready! Priced BELOW Comps! Seller May Help Buy Down Buyers Rate!

410 Adams Street NE, Albuquerque

$298,000

3 Beds ⋅ 2 Baths

Amazing location and opportunity! This well-laid out house has been taken down to the studs and is ready for your vision! Plenty of space to expand the house if desired (see the attached plans), and still have a spacious backyard. The existing floorplan can be perfected and the spectacular location leaves room for a high level remodel or a wonderful rental. The possibilities are endless. In the backyard you'll find a small view of the mountains, a mature tree, detached garage with electricity and a 220 amp outlet.

440 Amherst Drive NE, Albuquerque

$359,900

2 Beds ⋅ 2 Baths

Up to 1% closing cost credit with preferred lenderEnjoy the warmth and character of this beautifully maintained townhome with a 2-car garage and thoughtfully updated finishes throughout. The home features gorgeous custom woodwork, built-in cabinets and shelving, soaring ceilings, and a charming kiva fireplace that adds timeless Santa Fe appeal.The flooring has been upgraded to wood-look tile installed throughout the entire home. The kitchen is a chef's delight with granite countertops, a center island with a built-in convection cooktop, double ovens, and abundant cabinetry. Granite countertops continue into the primary bathroom, creating a cohesive and upscale finish.A formal dining room provides the perfect setting for hosting family and friends, while the private backyard with a covered patio is ideal for enjoying New Mexico's beautiful weather.The oversized primary suite is a true retreat, complete with three closets and plenty of room to relax. The second bedroom features a walk-in closet and custom built-in shelving, making it ideal for guests, a home office, or both.The home's heating and cooling system has been upgraded to a modern mini-split system with refrigerated air, ensuring year-round comfort. (Radiators visible in photos are no longer in use.)This exceptional townhome offers the perfect blend of elegance, comfort, and functionality. Schedule your private showing today and experience all this remarkable home has to offer.

3016 Cutler Avenue NE, Albuquerque

3339 Central Avenue NE Unit 309, Albuquerque

$395,000

1 Beds ⋅ 2 Baths

Experience the best of Albuquerque from a location that truly has it all. Nestled between UNM, Nob Hill, and Downtown, this secure-access building places you in the center of the city's premier dining, entertainment, and cultural destinations. Enjoy everything from locally owned coffee shops and award-winning restaurants to breweries, boutiques, and live music venues. Spend an evening at the historic Guild Cinema or the beautifully restored KiMo Theatre, then explore the vibrant nightlife that makes Nob Hill and Downtown two of Albuquerque's most sought-after destinations.This location also offers exceptional convenience with quick access to the University of New Mexico, UNM Hospital, CNM, Kirtland Air Force Base, Sandia National Laboratories, Albuquerque International Sunport, and the city's major business districts. With nearby access to I-25 and I-40, traveling throughout Albuquerque is simple and efficient.When it's time to unwind, you'll appreciate your private patio overlooking the breathtaking Sandia Mountains--the perfect place to enjoy Albuquerque's famous sunrises, sip your morning coffee, or relax after a long day. Residents also enjoy access to a shared community patio, providing additional outdoor space to gather and enjoy New Mexico's beautiful weather.Outdoor recreation is just minutes away, with nearby golf courses, parks, the Bosque trail system, and countless hiking and biking opportunities in the Sandia foothills.If you're looking for a home that combines the peace of a controlled-access building, incredible mountain views, outstanding convenience, and one of Albuquerque's most desirable locations, this is an opportunity you won't want to miss.

3339 Central Avenue NE Unit 309, Albuquerque

$340,000

3 Beds ⋅ 1 Baths

Welcome home to this beautifully updated, move-in-ready gem! Gorgeous hardwood floors and a freshly painted interior create a warm, inviting atmosphere. The cozy living room features a stunning black brick fireplace as its focal point. The fully renovated kitchen boasts quartz countertops, new cabinetry, and stainless steel appliances, while the beautifully remodeled bathroom offers modern finishes. Three spacious bedrooms, all-new windows, a large laundry room, and an attached one-car garage with opener provide comfort and convenience. Ideally located near Nob Hill and Uptown, you'll enjoy easy access to shopping, dining, entertainment, and more.

438 Truman Street NE, Albuquerque

$399,000

4 Beds ⋅ 2 Baths

Well maintained duplex close to the University of New Mexico! Terrific opportunity for homeowner; live in one, rent the other or investor! Both units feature refrigerated air, CFA heat, hardwood floors, washer & dryer in the unit, separately metered gas & electric, separate yards, each has a 1CG. Convenient location close to popular UNM/Nob Hill area, shopping, art, dining, parks, hospitals & transportation!!

215 Madison 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.