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

$235,000

3 Beds ⋅ 2 Baths

Welcome to an amazing 3 bed/2 bath home on a double lot. Large lot allows plenty of room for gardening and/or outdoor entertaining. Home has been recently updated and ready to move in. Fresh paint gives a light and bright ambiance. Upgraded bathrooms, new carpet and flooring throughout. New light fixtures and living room ceiling fan. Wiring has been upgraded. Refrigerated air for hot summer days and a new water heater Washer and dryer convey. Enclosed porch and ample storage throughout home. The backyard storage shed is wired for electricity. Close to the park and new community center for activities.

417 Rhode Island Street NE, Albuquerque

$278,000

2 Beds ⋅ 2 Baths

506 Ortiz Drive NE, Albuquerque

$315,000

4 Beds ⋅ 2 Baths

Welcome home to this charming 4-bedroom, 2-bath property filled with warmth, character & pride of ownership! Beautiful wood floors & exposed wood ceiling beams add timeless charm. The formal dining room features a Kiva-style wood-burning fireplace, creating a warm & inviting atmosphere perfect for entertaining. The spacious family room offers higher ceilings, abundant natural light & beautiful stone flooring. Situated on a large lot with ample parking including space for RV parking w/30amp plug for Rv. A detached 1-car garage, multiple storage sheds & a spacious backyard. Centrally located with easy freeway access & minutes from shopping, dining & everyday conveniences. This home is ready for its next owner!

527 Mesilla Street NE, Albuquerque

$269,750

2 Beds ⋅ 2 Baths

Welcome to this very nice and great priced, freshly painted move-in ready 2 bedroom, 2 bath townhome in Fair West. The open floor plan includes a large kitchen and a living room with large fireplace. Two skylights in living room pour in abundant New Mexico light. Freshly painted throughout. The kitchen could use some updating, yet the cabinets are refinished, has newer refrigerator and dishwasher, and brand new electric stove and microwave. All tile floors throughout the house. Master bedroom opens into the private back yard. Large two car garage. The TPO roof was installed in 2018 and is still under warranty. New xeriscape landscaping front and back. The house has HVAC. Great access to shopping, Nob Hill, Uptown, the UNM area and Kirtland.

612 Ortiz Drive NE, Albuquerque

$340,000

3 Beds ⋅ 2 Baths

This charming home offers comfort and livability with a fabulous floorplan of 3 bedrooms, 1 3/4 bathrooms, a spacious living room, separate dining area - and a laundry room! Flooring includes tile, wood planks in bedrooms, and no carpet. Vinyl replacement windows. Imagine this: SOLAR PANELS (paid in full at closing) delivering low electrical costs! A newer pitched, metal roof is not only functional but provides desired curb appeal. The front porch is covered with an attractive metal roof awning. The large wood deck has sunshade sails, imagine hours of relaxation! Low maintenance landscaping, front and back. Electrical panel has been upgraded, and there is a TWO car garage! Convenient location, close to shopping, restaurants, schools, a dog park, I-40 access. This could be your new home!

6236 Hannett Avenue NE, Albuquerque

$299,900

6 Beds ⋅ 3 Baths

INVESTMENT OPPORTUNITY WITH BUILT-IN INCOME AND ROOM TO GROW. This well-positioned tri-plex on Tennessee Street features three single-story units, each approx 750 sq ft with 2 bedrooms, 1 bath, and private yard space tenants love. Potential to live in one and rent the others! Functional layouts include range and refrigerator, plus dedicated parking for added convenience. Tenant occupied for immediate cash flow, with strong rental appeal and upside potential. Whether expanding your portfolio or starting fresh, this property checks the boxes--don't miss your chance to secure a steady income producer!

325 Tennessee Street NE, Albuquerque

$240,000

3 Beds ⋅ 2 Baths

3 Beds | 2 Baths | 1,692 Sq FtThis 1956 Albuquerque home blends mid-century character with warm updates. Original hardwood floors run through the main living areas, creating an inviting, timeless feel. The family room centers around a classic gas stove perfect for cozy evenings. With three bedrooms and two full baths, there's room to work, relax, or host guests. Located near Nob Hill, Central, and the International District, you're close to dining, shopping, and schools. Move-in ready and full of character schedule your showing today.

426 Espanola Street NE, Albuquerque

$349,900

3 Beds ⋅ 2 Baths

Discover this inviting home offering a great combination of location, updates, and potential. Situated on a desirable corner lot, this property features thoughtful improvements including fresh paint and stucco. There is a living room and an additional spacious family room, this is a warm and welcoming space with a cozy fireplace, perfect for relaxing or entertaining. With 3 bedrooms two bathrooms plus an office space there is room for everyone, two separate entrances for added flexibility. The generous backyard offers endless possibilities for outdoor enjoyment, gardening, or creating your own private oasis. Ideally located near the University of New Mexico, this home provides endless opportunity! Make it your own

5420 Mountain Road NE, Albuquerque

$539,000

3 Beds ⋅ 2 Baths

Elegant home with Tuscan charm and many custom features including a butlers' pantry/laundry room, granite countertops, large chef's kitchen with 6 burner gas stove top and double ovens. Formal dining room, hand carved fireplace in the kitchen for those chilly winter evenings, also gas burning stove in large family room. Step into your very own backyard oasis with separate detached hot tub house, mature landscaping where you can enjoy the soothing sounds of nature with a Koi pond and gorgeous waterfall feature. Refrigerated air installed in December of 2025. Wood floors throughout, refinished in July of 2026 including fresh paint and all new plumbing beneath home. This home will not last so come see what this gem has to offer!

1308 Valencia Drive NE, Albuquerque

$360,000

3 Beds ⋅ 2 Baths

Welcome home to this beautifully maintained 3-bedroom, 2-bathroom home. The inviting home features an updated kitchen with modern finishes, offering both style and functionality for everyday living. The spacious backyard is a true retreat, complete with mature landscaping and a covered patio thats perfect for relaxing, entertaining, or enjoying New Mexicos beautiful evenings. With no HOA you'll enjoy the added flexibility and freedom. Conveniently located near shopping, dining, parks and schools, this move-in-ready home is one you won't want to miss!

1205 Espanola Street NE, Albuquerque

$327,000

3 Beds ⋅ 2 Baths

5512 Granite Ave NE, Albuquerque

$579,000

3 Beds ⋅ 3 Baths

Start price is 10.41% cap rate at 6720 Cochiti SE presents a rare opportunity to acquire a nine-unit multifamily property in immediate proximity to Albuquerque's historic State Fair / EXPO NM. The State of NM, has approved an initial $114M in funding for what could become a ''billion dollars'' per Governor Lujan Grisham. Although the area appears a bit rough now, the state has indicated they intend to redevelop the NM Fair grounds, located just north of this property with $200M of redevelopment that could include a stadium for NM United, as well housing retail and a complete mixed-use community. The subject property is located about 400 feet due south of the center of the current State Fair grounds. One date for tours (noon 7/21) and one date for offers 7/22.

6720 Cochiti Road 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.