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

$299,000

2 Beds ⋅ 2 Baths

In search of a two bed, two bath, two car garage townhouse on a corner lot with very low maintenance yard and close to shopping, medical facilities, restaurants and schools? Well this one won't break the bank at under $300,000. Private, walled courtyard in front yard and walled privacy in back, come and visit this cozy, affordable home. Very generous main living area with wood burning fireplace and tons of natural light greet you as you enter in. Kitchen features plenty of cabinets, built in microwave, refrigerator that does convey and breakfast nook plus an additional dining room which could also be used for an office area. Primary bedroom with generous walk-in closet and primary bathroom featuring tub, separate shower and plenty of space to mover around. Come and take a tour of this great property!!

600 Ortiz Dr Ne, Albuquerque

$220,000

2 Beds ⋅ 2 Baths

Come check out this beautifully updated 2-bedroom home perfectly priced and conveniently located close to everything! Recently renovated additional heated and cooled living space, thoughtfully converted from previously underutilized area, providing valuable additional square footage and flexibility for a variety of uses. Step inside to find fresh interior paint, refinished hardwood floors, and a fully updated bathroom. The kitchen has been thoughtfully upgraded with granite countertops, and modern lighting throughout. Additional highlights include a brand-new gas water heater, making this home truly move-in ready. Don't miss your chance this is the one!

423 Alcazar St Ne, Albuquerque

$410,000

4 Beds ⋅ 4 Baths

Lots of room under this classic built Ashcraft ranch style home is spacious with 4 bedrooms and ideally situated in a pocket Uptown neighborhood. With two distinct living areas and a dual sided wood-burning fireplace, this home offers big rooms, flexibility for family gatherings, quiet nights in, or hosting guests -- all warmed by that classic, cozy glow. Lots of room under the newer (2019) roof. Ask about a 15,000.00 concession to use for flooring or an interest rate buy down. 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 St Ne, Albuquerque

$333,500

3 Beds ⋅ 2 Baths

Welcome home to this tastefully remodeled Uptown gem across from the Bellamh Park! This single-story residence features 3 bedrooms, 2 baths with stylish updates throughout that make it truly move-in ready. Set on a generously sized lot, the property provides ample outdoor space for entertaining, gardening, pets, or future customization. Enjoy New Mexico evenings on the patio, while multiple storage sheds offer plenty of room for tools, hobbies, and equipment. The attached 1-car garage adds everyday functionality. Located in an established Northeast Heights neighborhood near Uptown, shopping, dining, parks, schools, and major commuter routes, this property delivers the space, updates, and accessibility you are looking for.

5606 Hannett Ave Ne, Albuquerque

$339,000

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 Rd Ne, Albuquerque

$325,000

4-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 with ongoing residential and mixed-use construction nearby. These improvements support long-term appreciation while maintaining strong rental demand. The asset is a C-class, workforce housing property, which historically performs well through market cycles due to affordability, necessity-driven demand, and tenant longevity. Current tenants are stable, long-term residents.

236 San Pablo St Ne, Albuquerque

$242,000

Great triplex with three long-term leases in place! Shaded courtyard entry with off-street parking. Closed storage at rear of property. New fencing, new stucco, roof tuneup recently completed! Do not disturb tenants, walk through of units with accepted offers. Reach out to listing agent with any questions. YTD, T12, and current rent roll in MLS documents. No wholesalers, no owner financing.

304 Texas St Ne, Albuquerque

$299,999

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. This home may qualify for 'THE BUYER DOWN PAYMENT GRANT PROGRAM ' offering up to $17,500 assistance at closing. 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 St Ne, Albuquerque

$358,000

3 Beds ⋅ 2 Baths

SPACE TO SPREAD OUT, A BACKYARD TO ENJOY, AND UPTOWN CONVENIENCE! This inviting single-story home offers 3 bedrooms, 2 bathrooms, separate living and family rooms, and a dedicated office. Enjoy hardwood flooring, a cozy fireplace, and refrigerated air. The refreshed kitchen features beautiful countertops, abundant cabinetry, and a recently installed cooktop and oven. Additional improvements include fresh paint and a replacement garage window. The primary bedroom includes a private bath. Outside, an expansive covered patio overlooks a spacious backyard with mature trees, garden beds, grassy areas, and a playset--offering plenty of room to relax, garden, dine outdoors, and entertain. Conveniently located near Winrock Town Center, featuring a variety of shopping, dining, and entertainment options. Enjoy the comfort, space, and everyday convenience this home has to offer. Schedule your showing today!

1300 Mesilla St Ne, Albuquerque

$329,900

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 St Ne, Albuquerque

$600,000

Located along Albuquerque's iconic Route 66 corridor, 5801 Central Ave NE presents a rare opportunity for an owner-operator to establish a presence in one of the city's most recognizable and steadily revitalizing commercial corridors. The property offers a fully built-out restaurant space with existing infrastructure in place, allowing a new owner to step in with minimal downtime and bring their own vision to life. With strong visibility, consistent traffic counts, and proximity to Nob Hill, the University of New Mexico, and I-40, the location benefits from both local neighborhood support and broader citywide draw. The surrounding area continues to see ongoing public and private investment, further strengthening the long-term appeal of this corridor for food and beverage and service oriented operators. The existing layout, furniture, fixtures, and equipment (FF&E) provide flexibility for a variety of concepts. While the space has historically operated as a restaurant, it is well-suited for a range of uses including catering operations, commissary or shared kitchen concepts, event or private dining venues, and brewery or taproom concepts seeking a high-visibility location with existing kitchen infrastructure. This flexibility significantly expands the potential user base beyond traditional restaurant operators. Whether maintaining a similar use or repositioning the space to align with current market trends, the real value lies in the opportunity for a new operator to reimagine and elevate the property within a proven retail and dining corridor. Albuquerque's stable economic base, supported by a workforce of approximately 488,000 and low unemployment, continues to drive consistent consumer activity. Combined with Central Avenue's historic significance and ongoing revitalization, this offering represents an attractive opportunity for an owner-user seeking both immediate functionality and long-term upside.

5801 Central Ave Ne, Albuquerque

$299,000

Get this well-maintained triplex for your investment portfolio. The triplex is in an opportunity zone and a qualified census tract which offer tax and grant opportunities. The TPO roof is only about 9 years old and the units have new windows as well. Each unit has it's own private back patio and there is additional large space on the west side of the complex for parking. The bathrooms and kitchens are refurbished, and there are ceramic tile floors. The tenants pay their own utilities except water and trash paid by the owner. Rents are low so there is an upside possibility. Do not disturb tenants. Offers are subject to buyer review of the units. All square footage is estimated.

511 Texas St 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.

Fairgrounds Real Estate

Newest Listings in Fairgrounds

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