Near South Valley Homes under $300,000

Welcome to the charming community of Near South Valley in Albuquerque, New Mexico! Nestled within Bernalillo County, this vibrant neighborhood offers a unique blend of cultural richness and affordability, making it an ideal destination for first-time homebuyers, families, and anyone seeking a welcoming community.

Near South Valley boasts a variety of homes under $300,000, providing an excellent opportunity for those looking to invest in their dream home without breaking the bank. From cozy single-family houses to quaint townhomes, this area features diverse architectural styles that cater to different tastes and lifestyles. Many homes come with spacious yards, perfect for outdoor gatherings or gardening, and some even offer stunning views of the Sandia Mountains.

Living in Near South Valley means enjoying the best of both worlds: a peaceful residential atmosphere while still being close to the bustling heart of Albuquerque. Residents can revel in the rich cultural tapestry of the area, with local markets, parks, and community events that celebrate the vibrant heritage of New Mexico. The proximity to major highways ensures easy access to the city's amenities, including shopping, dining, and entertainment.

With a strong sense of community and a commitment to maintaining a friendly environment, Near South Valley is not just a place to live; it’s a place to thrive. Explore the affordable housing options available in this delightful region and discover the perfect home that fits your lifestyle and budget. Your new adventure awaits in Near South Valley!

Newest Near South Valley Homes under $300,000

$205,000

1 Beds ⋅ 1 Baths

Priced to sell!. So much potential in this quaint little casita in southwest Albuquerque on a 1/2 acre lot. Bring your imagination and ideas to give this rare and great property a new look. The home has wood floors, kitchen appliances convey, duct work has been installed, could easily be converted back to a two bedroom and it has a wood burning fireplace. Call your favorite REALTOR today for your private showing and start investing in your future!

847 Gatewood Avenue SW, Albuquerque

$230,000

4 Beds ⋅ 1 Baths

Wonderful home in the heart of the south Broadway Corridor. Very nice 4 bedroom home with a separate dining room and nice kitchen. ***washer and dryer, refrigerator and Freezer don't convey.

406 Smith Avenue SE, Albuquerque

$239,900

3 Beds ⋅ 1 Baths

Cozy Home Conveniently Located Minutes away From The Airport, FreeWays, Downtown and Major Shopping Centers. Backyard access, 2 car detached garage and much more.

305 San Jose Avenue SE, Albuquerque

$250,000

3 Beds ⋅ 1 Baths

Beautiful home ready to go! New roof, new refrigerated air units. new flooring, Fresh new paint inside and out with updated lighting. Kitchen has new appliances, 2 living areas with backyard access with plenty of parking for toys.

725 Cannon Road SW, Albuquerque

$284,900

2 Beds ⋅ 1 Baths

Welcome to your beautifully updated oasis at 914 Gatewood Avenue Southwest! This charming 2-bedroom, 1-bathroom home has been remodeled seamlessly blending modern conveniences with quaint, cozy appeal.Step inside to discover a bright, open interior featuring contemporary finishes, fresh paint, and thoughtful updates throughout. The heart of the home is designed for both comfort and functionality, making it completely turn-key and ready for you to move right in. Peace of mind comes naturally here, thanks to a durable, low-maintenance metal roof that adds both character and long-lasting protection.Situated on a generous 0.23-acre lot, the property offers an abundance of outdoor space. Whether you dream of creating an urban garden, setting up an entertainment area, or simply enjoying the room to breathe, this expansive yard provides endless possibilities. Don't miss your chance to own this renovated gem--schedule your tour today!

914 Gatewood Avenue SW, Albuquerque

$249,900

2 Beds ⋅ 2 Baths

Welcome to this bright and charming home featuring elegant arches, a beautiful layout, and inviting living spaces. Fresh interior paint and beautiful new flooring throughout create a clean, refreshed feel. The kitchen is ready for all your cooking adventures with brand-new granite countertops, a stylish tile backsplash, and new stainless-steel appliances. Step outside to a spacious yard with plenty of room for toys, entertaining, gardening, or simply enjoying the outdoors. Conveniently located near restaurants, shopping, and everyday amenities, this home offers the perfect blend of comfort, style, and convenience. Charming, beautifully updated, and ready for its next owner. Don't miss the opportunity to make it yours!

3129 Mares Road SW, Albuquerque

$250,000

3 Beds ⋅ 2 Baths

The kind of home that makes you want to stay awhile! A newer roof, upgraded electrical, new appliances, and beautifully remodeled kitchen and bathrooms make this home feel fresh and ready for its next chapter. The oversized primary bedroom gives you room to truly spread out, while the long driveway offers plenty of parking. Outside, two sheds provide bonus space for storage, hobbies, or projects. With thoughtful updates and plenty of personality, this home is ready to welcome you in!

2329 William Street SE, Albuquerque

$225,000

2 Beds ⋅ 1 Baths

2024 ROOF + 2021 REFRIGERATED A/C & FURNACE + WATER SOFTENER! Big possibilities await inside and out of this single-story home, offering two bedrooms, a full bath, and a separate bonus room perfect for a home office, hobbies, or an additional sitting area. Natural light fills the living room, while the bright, inviting kitchen features white cabinetry, beautiful countertops, and sleek flooring. Outside, enjoy a generous backyard with mature trees, an open patio, and a storage shed, with plenty of room to gather, garden, or create your own outdoor retreat. A gated front yard and covered porch add to the charm.

117 Clifton Avenue SE, Albuquerque

1839 1/2 Broadway Boulevard SE, Albuquerque

$125,000

2 Beds ⋅ 2 Baths

Great opportunity for this fixer-upper situated on a spacious lot. Sold as-is.

1839 1/2 Broadway Boulevard SE, Albuquerque

$239,000

3 Beds ⋅ 2 Baths

Refreshed and ready for a new owner, this inviting 3-bedroom, 2-bath home offers comfortable living on a desirable corner lot with a convenient 2-car attached garage and gated backyard access. Recent updates include new shingles on the roof, fresh interior paint, new carpet and vinyl flooring, and a new stainless steel range, range hood, and refrigerator, all installed in August 2026. The permanent foundation has b een inspected and updated and is ready for a lender. Schedule your showing today!

2620 Lucero Road SW, Albuquerque

$290,000

3 Beds ⋅ 2 Baths

South Valley home situated on a spacious .23-acre lot. The main home features 2 bedrooms and 1 full bath, while the detached casita offers 1 bedroom, an office space, and 1 full bath -- ideal for guests, extended family, or additional living space. Recent updates include fresh interior paint, new carpet (August 2026), new stainless-steel range and refrigerator (August 2026), and new water heaters. The fully fenced property boasts mature shade trees, two outbuildings perfect for storage or a workshop, and a carport for the main home. New Sewer Line will be installed in October 2026.

2560 Mervosh Avenue SW, Albuquerque

$290,000

3 Beds ⋅ 2 Baths

NOT A MOBILE HOME. SPACIOUS LIVING WITH ENDLESS POSSIBILITIES! This stunning FRAME BUILT Southwest Albuquerque home features a large open floor plan combining the Great Room, dining area, and kitchen, perfect for gatherings. With 3 bedrooms and 2 baths, it suits a variety of lifestyles. The outdoor space is a blank canvas for your creativity. Situated in a quiet, welcoming neighborhood, this property offers a fenced yard, a generous driveway, and storage space with room for an RV or toys. Don't miss the chance to make this versatile home yours! Call today for a private tour!

2224 Bartolo Avenue SW, 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.