21

Fairgrounds Homes for Sale

Section Image Section Image
  • /31

    $299,900

    • 5 Beds
    • 3 Baths
    • 2,142 Sq Ft

    509 Vermont St NE, Albuquerque, NM 87108

    Excellent investment opportunity in a highly central location! This well-maintained triplex offers strong rental income and a versatile unit mix, making it a great addition to any investor's portfolio. The property features three separate units, including two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, with the lower-level unit located in the basement and offering its own private

    Tahir Gauba

    MORE Realty, Inc

    (505) 309-3320

    509 Vermont St NE, Albuquerque, NM 87108
  • /41

    $340,000

    • 3 Beds
    • 2 Baths
    • 1,231 Sq Ft

    6013 Zimmerman Ave NE, Albuquerque, NM 87110

    WELCOME to your next home! Near Uptown, this beautifully maintained 3-bedroom, 2-bathroom property offers gorgeous wood flooring and abundant natural light. Recent updates include the evaporative cooler, refreshed bathrooms, and an updated kitchen with generous storage and an inviting space to gather. The oversized laundry room doubles as a functional office with a built-in desk and shelving. The

    Adrian Martinez Coldwell Banker Legacy

    6013 Zimmerman Ave NE, Albuquerque, NM 87110
  • /29

    $360,000

    • 8 Beds
    • 4 Baths
    • 3,035 Sq Ft

    301 Grove St NE, Albuquerque, NM 87108

    Vacant Unit READY to VIEW! INVEST WHERE LOCATION AND LAYOUT WORK HARD FOR YOU AT 301 GROVE. This 4-plex offers strong income potential with one 1 bed/1 bath, two 2 beds/1 bath and one 3 bed/1 bath with W/D hookups unit that are all easy to maintain and easy to rent. Mixture of upstairs and downstairs units, durable flooring with no carpet, and simple upkeep that keeps expenses predictable.

    Elevated Real Estate Group Keller Williams Realty

    301 Grove St NE, Albuquerque, NM 87108
  • /36

    $299,000

    • 6 Beds
    • 2 Baths
    • 2,278 Sq Ft

    620 San Pablo St NE, Albuquerque, NM 87108

    Discover the potential in this spacious 6-bedroom home--perfect for buyers who appreciate a property with good bones and are excited to add their own finishing touches. Priced at $299K to reflect the updates it still needs, this 2,278-square-foot residence offers an adaptable floor plan with two separate living areas, making it ideal for multigenerational living, larger households, or flexible

    Keri South ERA Summit

    620 San Pablo St NE, Albuquerque, NM 87108
  • /27

    $360,000

    • 8 Beds
    • 4 Baths
    • 3,070 Sq Ft

    305 Grove St NE, Albuquerque, NM 87108

    Vacant Unit READY to VIEW! INVEST WHERE LOCATION AND LAYOUT WORK HARD FOR YOU AT 305 GROVE. This 4-plex offers strong income potential with 4 well designed 2 bedroom 1 bath units that are easy to maintain and easy to rent. Mixture of upstairs and downstairs units, durable flooring with no carpet, and simple upkeep that keeps expenses predictable. Tenants will love convenient parking, proximity to

    Elevated Real Estate Group Keller Williams Realty

    305 Grove St NE, Albuquerque, NM 87108
  • /27

    $245,000

    • 3 Beds
    • 3 Baths
    • 1,582 Sq Ft

    412 Tennessee St NE, Albuquerque, NM 87108

    Great investment opportunity! Units A & B have been remodeled and feature electric baseboard heat (Unit A also includes a gas wall furnace). Both units offer gas and electric stove hookups, electric hot water heaters, and washer hookups with a 220-volt outlet for an electric dryer. Units are individually metered.There are Security guards on doors and windows which add peace of mind. Peace of mind

    Christine Chaves Chaves & Clark Real Estate LLC

    412 Tennessee St NE, Albuquerque, NM 87108
  • /60

    $345,900

    • 3 Beds
    • 1.5 Baths
    • 1,431 Sq Ft

    5512 Granite Ave NE, Albuquerque, NM 87110

    Completely remodeled and move-in ready, this charming 3 bed, 2 bath home blends classic character with modern updates. Enjoy cozy evenings by the wood burning fireplace and flexible front living space ideal as a sunroom or welcoming foyer. Step outside to a covered patio overlooking a spacious backyard perfect for entertaining, gardening or relaxing. The property also features a huge workshop

    Thomas Mestas The M Real Estate Group

    5512 Granite Ave NE, Albuquerque, NM 87110
  • /14

    $379,000

    • 8 Beds
    • 4 Baths

    308 Virginia St NE, Albuquerque, NM 87108

    Great investment opportunity! Roof replaced 2020, 2 units upgraded 2022 with vinyl plank flooring and new bathroom amenities. Property is fully fenced and gated, including 2 parking spaces per unit. Now fully rented! Each of the 4 units are 2 bed, 1 bath, and separately metered.

    Leslie Villareal The Villarealty Group

    308 Virginia St NE, Albuquerque, NM 87108
  • /48

    $345,000

    • 3 Beds
    • 2 Baths
    • 1,846 Sq Ft

    1317 Kentucky St NE, Albuquerque, NM 87110

    Fully renovated and move-in ready, this beautifully updated home at 1317 Kentucky Rd NE offers modern finishes, major system upgrades, and thoughtful details throughout. Enjoy peace of mind with a complete replacement of the decking and roof shingles, plus a modified bitumen roof on the back porch with a 25-year warranty.Inside, the kitchen and baths shine with quartz countertops, self-closing

    The Hester Team RE/MAX ELEVATE

    1317 Kentucky St NE, Albuquerque, NM 87110
  • /53

    $350,000

    • 3 Beds
    • 2 Baths
    • 1,838 Sq Ft

    5420 Mountain Rd NE, Albuquerque, NM 87110

    Back on the market and better than ever! This concrete block home offers exceptional insulation--cool in the summer, warm in the winter, and excellent at keeping outside noise out. The home features 3 bedrooms plus an office, 2 bathrooms, and a 1-car garage. The large lot provides plenty of potential for a future casita, pool, or storage for toys and equipment. Recent improvements completed

    MARCOS RIVERA Coldwell Banker Legacy

    5420 Mountain Rd NE, Albuquerque, NM 87110
  • /12

    $330,000

    • 3 Beds
    • 2 Baths
    • 1,542 Sq Ft

    421 Virginia St NE Unit 1, Albuquerque, NM 87108

    Tai Alley Berger Briggs RE & Prop Mgmt

    421 Virginia St NE Unit 1, Albuquerque, NM 87108
  • /6

    $239,000

    • 3 Beds
    • 2 Baths
    • 1,230 Sq Ft

    201 San Pablo St NE, Albuquerque, NM 87108

    Spacious Investment Opportunity! This versatile 3-bedroom, 2-bathroom home features two distinct living areas and a large, functional kitchen. Currently generating $1,800/month on a flexible month-to-month agreement, this property also offers the highly sought-after benefit of backyard access. A perfect addition to any portfolio.

    Maria Sotelo-robles Realty One of New Mexico

    201 San Pablo St NE, Albuquerque, NM 87108
  • /49

    $390,000

    • 4 Beds
    • 3 Baths
    • 2,680 Sq Ft

    6205 Hannett Ave NE, Albuquerque, NM 87110

    Centrally located in an established neighborhood, this versatile multigenerational home offers space, comfort, and a new roof! Upper level features 2 BR, 2 BA, a bright kitchen and an inviting living area w/ original wood floors-perfect for everyday living or hosting guests. The lower level offers its own private access to the backyard and includes 2 BR, 1 BA, a full kitchen and a spacious living

    Lisa Guggino Realty One of New Mexico

    6205 Hannett Ave NE, Albuquerque, NM 87110
  • /2

    $65,000

    • Land
    • 0.15 Acre
    • $433,333 per Acre

    205 Utah St NE, Albuquerque, NM 87108

    OWNER FINANCING AVAILABLE on this rare infill lot at an affordable price! Nice level property, ready for your dream home. All utilities are at the line. There also used to be a home on this property! (The vacant corner lot is not included.) ZONED R-ML which allows for LOW TO MEDIUM DENSITY housing. Check out attachments for ''allowable uses.'' Drive by the lot and take a look. Then bring your

    Jean Chavez RE/MAX SELECT

    205 Utah St NE, Albuquerque, NM 87108
  • /12

    $265,000

    • 3 Beds
    • 1 Bath
    • 979 Sq Ft

    913 Cagua Dr NE, Albuquerque, NM 87108

    Beautifully updated 3 bedroom home with many Quality upgrades. New CFA furnace and REFRIGERATED air 2021. New triple pane windows 2024 plus insulating pleated shades. New TPO roof 2021. New stucco 2024. New Wood-like Luxury Vinyl floors in LR, DR, hall & 3 bedrooms. New kitchencountertops and appliances 2023-2024. Coat closet in Living room. Most of interior freshly painted. New toilet in

    Susan Beard Coldwell Banker Legacy

    913 Cagua Dr NE, Albuquerque, NM 87108
  • /12

    $249,900

    • 3 Beds
    • 2 Baths
    • 1,242 Sq Ft

    308 San Pablo St NE, Albuquerque, NM 87108

    Nice Property with lots of updates in a well stablished neighborhood and a dead end street with not much traffic. Inside floor plan was modified to make it a 3 bedrooms 2 baths with new flooring, new paint, new closets, new kitchen and bath cabinets, granite countertops, new mini splits for all year round comfort.Back yard access and 2 storages...A must see property. move in ready!Some cleaning

    Sandra Rodriguez International Brokerage

    308 San Pablo St NE, Albuquerque, NM 87108
  • /39

    $340,000

    • 3 Beds
    • 1.5 Baths
    • 1,539 Sq Ft

    1804 Illinois St NE, Albuquerque, NM 87110

    Beautiful 3 bedroom 1.5 bath home with 2 living areas! Gleaming hardwood floors in bright living room and bedrooms. Open kitchen with extra storage and raised bar. Huge den with wood burning fireplace. Double pane windows. Freshly painted inside and out. Oversized 1 car garage with workshop area. Backyard has small putting green, fire pit and storage sheds. Amazing uptown location with ideal

    Liska Maddox Maddox & Co/REALTORS

    1804 Illinois St NE, Albuquerque, NM 87110
  • /20

    $185,000

    • 3 Beds
    • 2 Baths
    • 1,250 Sq Ft

    318 Wisconsin St NE Unit 5, Albuquerque, NM 87108

    Great investment opportunity for you to own 2 individual units for just under 200k. This property is perfect for investors or someone who wants to live in one unit and rent out the other one. The front unit has the potential to be a two bedroom unit that section 8 will pay 1400+ per month. The back unit is a one bedroom and can be rented for 1200 per month per section 8 current rent. Don't miss

    Angelo Arellano AAA Realty

    318 Wisconsin St NE Unit 5, Albuquerque, NM 87108
  • /14

    $375,000

    • 4 Beds
    • 4 Baths
    • 2,580 Sq Ft

    308 Charleston St NE, Albuquerque, NM 87108

    Opportunity to Own a Fully Rented 4-Plex! This income-producing property brings in $3,616 in monthly rents across four units. Three of the four units have been updated, and all units are in good condition, offering solid long-term rental appeal. The roof is newer, and property is well maintained. Brand new water line 2025! A great investment for steady cash flow and future upside! There is also

    Anton Determan EXP Realty LLC

    308 Charleston St NE, Albuquerque, NM 87108
  • /7

    $649,311

    • 3 Beds
    • 8 Baths
    • 2,760 Sq Ft

    236 San Pablo St NE, Albuquerque, NM 87108

    8-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

    Trey Whaley Trinity Apartment Company LLC

    236 San Pablo St NE, Albuquerque, NM 87108
  • /20

    $129,000

    • 1 Bed
    • 1 Bath
    • 1,100 Sq Ft

    234 Texas St NE, Albuquerque, NM 87108

    This duplex sits on a large lot. Each unit includes one bedroom, one bath and individually metered. Perfect property for a contractor/investor who's looking for property to rehab. Surrounding properties are in good condition.

    Maria Martinez Coldwell Banker Legacy

    234 Texas St NE, Albuquerque, NM 87108

Why Live in Fairgrounds

Fairgrounds, a suburban neighborhood in Albuquerque, sits approximately 7 miles east of downtown. This area offers convenient access to shopping, dining and the University of New Mexico, all while providing views of the Sandia Mountains. The neighborhood is home to over 16,000 residents who appreciate proximity to malls and major companies like Amazon and Facebook. The local housing market includes midcentury ranch- and Pueblo Revival-style homes built between the 1950s and 1985. These homes typically have earth-toned stucco exteriors, flat roofs, and two-car garages, with some properties featuring fenced yards. Housing options also include Craftsman-style homes constructed from the early 2010s onward. Fairgrounds offers several family-friendly events, parks and dining options. Jerry Cline Park offers sports facilities, a playground and a 1-mile gravel trail. The Downs Racetrack & Casino, located about a mile south, hosts horse races, blackjack and live entertainment. Christy Mae’s Restaurant and Humble Coffee Company are popular local dining spots. The Winrock Town Center, 2 miles north, provides additional retail and dining options. Main thoroughfares like Lomas, Louisiana, and San Mateo Boulevards facilitate commutes, with rush hour times averaging 15 minutes. Public transportation is available via Albuquerque RIDE buses, and bike lanes are along the eastern border. The Presbyterian Kaseman Hospital is 2 miles northeast, and Albuquerque International Sunport is about 7 miles southwest.

Frequently Asked Questions

Is Fairgrounds a good place to live?
Fairgrounds is a good place to live. Fairgrounds is considered somewhat walkable and bikeable with some transit options. Fairgrounds is a suburban neighborhood. Fairgrounds has 10 parks for recreational activities. It is somewhat dense in population with 8.0 people per acre and a median age of 41. The average household income is $74,031 which is below the national average. College graduates make up 32.2% of residents. A majority of residents in Fairgrounds are renters, with 58.3% of residents renting and 41.7% of residents owning their home. A local real estate agent serving Fairgrounds can help you decide if this neighborhood is the right one for you. Learn more on our Fairgrounds neighborhood guide.
Is Fairgrounds, NM a safe neighborhood?
Fairgrounds, NM is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Fairgrounds?
The median home price in Fairgrounds is $314,500. If you put a 20% down payment of $62,900 and had a 30-year fixed mortgage with an interest rate of 6.46%, your estimated principal and interest payment would be $1,580 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $68K a year to afford the median home price in Fairgrounds. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Fairgrounds is $74K.
What are the best public schools in Fairgrounds?
The best public schools that serve Fairgrounds are:
What are the best private schools in Fairgrounds?
The best private schools that serve Fairgrounds are:
What are the most popular zip codes in Fairgrounds, Albuquerque, NM?
The most popular zip codes in Fairgrounds, Albuquerque, NM include 87110, 87108, 87112, 87123 and 87105.
What are the most popular neighborhoods near Fairgrounds, Albuquerque, NM?
The most popular neighborhoods near Fairgrounds, Albuquerque, NM are South San Pedro, Trumbull Village, Pueblo Alto, Mesa Village and Altura.

Home Trends in Fairgrounds, NM

Housing Trends

Median Sale Price
$290,000
Median Single Family Sale Price
$292,900
Median 2 Bedroom Sale Price
$156,000
Average Price Per Sq Ft
$188
Number of Homes for Sale
9
Last 12 months Home Sales
131
Months of Supply
0.80
Median List Price
$314,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
2%
How to Buy a Home How to Finance a Home How to Sell a Home