Fairgrounds Real Estate

**Discover the Allure of Fairgrounds, Albuquerque, NM**

Nestled in the vibrant heart of Albuquerque, New Mexico, the Fairgrounds neighborhood is a charming blend of rich culture, community spirit, and convenient living. Known for its lively atmosphere, Fairgrounds is home to the renowned New Mexico State Fair, which draws visitors from all over the region. This annual event showcases the best of local agriculture, crafts, and entertainment, making it a cornerstone of community life.

Beyond the fair, Fairgrounds offers residents a unique lifestyle enriched by a tapestry of history and modern amenities. The neighborhood is conveniently located near the bustling downtown area, where you can explore a diverse array of shops, restaurants, and art galleries. The local culinary scene is a delightful fusion of traditional Southwestern flavors and contemporary cuisine, ensuring there’s something for every palate.

Nature enthusiasts will appreciate the proximity to beautiful parks and outdoor spaces, perfect for leisurely strolls, picnics, or weekend adventures. The nearby Sandia Mountains provide a stunning backdrop and offer ample opportunities for hiking, biking, and breathtaking views of the Albuquerque skyline.

Families in Fairgrounds benefit from access to quality schools and community resources, fostering a welcoming environment for all. With its rich cultural heritage, vibrant community events, and convenient location, Fairgrounds is more than just a neighborhood; it’s a place where memories are made and friendships flourish. Whether you’re looking to settle down or simply explore, Fairgrounds invites you to experience the warmth and charm of Albuquerque living.

Newest Listings in Fairgrounds

$384,500

Prime retail & mixed use opportunity-Highlights: 7.579 sf lot, 1,667 sf bldg, mixed use zoning, 10+ parking spaces, excellent Central Ave visibility, established Albuquerque commercial corridor, convenient access to major roadways, flexible potential for owner use or investment use. Has 3 phase power. Additional street parking. 2 entrances-1 on Central - 1 in back.

5701 Central Avenue NE, Albuquerque

$425,000

4 Beds ⋅ 3 Baths

Welcome home to this spacious 4-bedroom, 3-bathroom ranch, ideally situated in a pocket Uptown neighborhood. With two distinct living areas connected by a shared wood-burning fireplace, this home offers flexibility for family gatherings, quiet nights in, or hosting guests -- all warmed by that classic, cozy glow.Step outside and you're just blocks from Jerry Cline Park and the Jerry Cline Tennis Center, with walking trails, picnic areas, and courts that make this neighborhood a favorite for outdoor enthusiasts and families alike. Uptown Albuquerque's premier shopping, dining, and entertainment are minutes away, and easy access to major corridors puts Nob Hill, Downtown, and the rest of the city well within reach.This is more than a location -- it's a lifestyle. Mature trees, comfortable homes, and a tight-knit community feel define this pocket of ABQ, all while keeping city conveniences close at hand.This is a home built for real life: room to spread out, a layout that adapts to how you live, and a location that puts the best of ABQ at your doorstep.

1213 San Pablo Street NE, Albuquerque

$400,000

8 Beds ⋅ 4 Baths

8000 Grand Avenue NE, Albuquerque

$575,000

4 Beds ⋅ 3 Baths

Character, space, and versatility come together in this distinctive single-level 4-bedroom, 3-bath home on a generous 0.31-acre lot. The vaulted family room is the centerpiece, featuring exposed wood beams, a pellet stove, a built-in bar, and a flexible area that could be used as a home office or workspace. A separate living room with its own fireplace opens to the dining area, while the kitchen offers granite tile countertops, built-in range, double oven, stainless steel refrigerator, and breakfast nook.The primary suite offers a private retreat with its own fireplace, wood flooring, dressing area, and generous closet space. Three additional bedrooms, one full bath, and two 3/4 baths provide plenty of flexibility for family and guests.Out back, the large covered patio creates an inviting outdoor living space with a hot tub for relaxing or entertaining. Vehicle and hobby enthusiasts will appreciate the 2-car garage, separate RV garage, and additional storage, offering substantial room for vehicles, equipment, projects, and workshop space.A rare combination of character, generous living areas, outdoor amenities, and exceptional garage space--all on a sizable lot in NE Albuquerque.

1413 Valencia Drive 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

$330,000

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 room 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

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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.