UNM South Homes under $400,000

Welcome to UNM South, a vibrant and inviting neighborhood nestled in the heart of Albuquerque, New Mexico. Known for its rich cultural heritage and proximity to the prestigious University of New Mexico, this area boasts a unique blend of academic energy and community spirit. With its tree-lined streets and charming architecture, UNM South is a delightful place to call home.

One of the most appealing aspects of this neighborhood is the availability of homes under $400,000. Whether you’re a first-time homebuyer, a growing family, or an investor looking for a rental property, UNM South offers a variety of options that cater to diverse needs and budgets. From cozy bungalows to modern townhomes, you’ll find properties that not only fit your financial goals but also provide a comfortable living space.

Living in UNM South means easy access to an array of amenities. Enjoy leisurely strolls to local parks, trendy cafes, and diverse dining options that reflect the rich culinary landscape of Albuquerque. The neighborhood is also well-connected to public transportation, making it convenient to explore the wider Albuquerque area, including the lively Downtown and the beautiful Sandia Mountains.

With a strong sense of community and an array of activities, UNM South is more than just a place to live; it’s a lifestyle. If you’re searching for an affordable home in a dynamic and welcoming neighborhood, look no further than UNM South—where your dream home awaits!

Newest UNM South Homes under $400,000

$300,000

3 Beds ⋅ 2 Baths

This adorable UNM south home sits on a corner lot across the street from Morningside Park and just a short walk from Wellesley Park. The Saltillo tile floors and darling, custom, wood-burning fireplace give this home a warm and cozy feel from the moment you enter. 3 quaint, colorful bedrooms and 2 baths provide the space you need to relax or tap into your creativity. Good size east-facing backyard with possible backyard access. Roof was replaced in 2021, water heater replaced in 2023. Schedule your showing today!

300 Aliso Drive SE, Albuquerque

$290,000

2 Beds ⋅ 1 Baths

This charming 2-bedroom, 1-bath home features beautiful hardwood floors and a beautiful, spacious backyard -- perfect for entertaining, gardening, or simply relaxing outdoors. Refrigerator, washer, dryer, and microwave all stay with the home. Located just minutes from UNM, Nob Hill's shops, cafes, and restaurants, with nearby parks for outdoor recreation, this home offers the ideal blend of quiet residential charm and easy access to everything Albuquerque has to offer. Don't miss this fantastic opportunity -- schedule your showing today!

2734 San Rafael Avenue SE, Albuquerque

$240,000

2 Beds ⋅ 1 Baths

Charming 2-3 Bedroom Home near Popular Bandelier Elementary School. Close to Nob Hill, UNM, and Ridgecrest. Ernie Pyle Library is a Easy Walk. Original Wood Floors. Addition could be 3rd Bedroom, Office, Craft Room, or use your imagination! Roomy Kitchen and Main Living Area. Large Garage was built on Zero Lot Line. Shared Garage and Driveway not confirmed by Survey. Marks are estimates only. Seller prefers Conventional Financing or Cash.

526 Dartmouth Place SE, Albuquerque

$399,900

3 Beds ⋅ 3 Baths

Welcome home to this beautifully updated three bedroom, three bath gem in the heart of Ridge Crest, Albuquerque. Offering over 1800 square feet of thoughtfully flowing living space, this home boasts gorgeous hardwood floors and abundant character throughout. The updated kitchen shines with granite countertops, newer cabinetry, newer appliances, and a charming fireplace that adds warmth and ambiance to the heart of the home.Major systems have all been thoughtfully updated, including: New Water Heater, Newer windows, New Dishwasher, TPO Roofing, a brand new heating and cooling system and here's the showstopper: solar energy system will be fully paid off at closing that can dramatically reduce your electric bills; a rare bonus buyers will love.Step outside to a spacious backyard on a generous lot, perfect for entertaining or relaxing. There's also a one car garage and a good sized Tiled laundry room for everyday convenience. This home truly has it all: updated, efficient, and full of character.

4700 Crest Avenue SE, Albuquerque

$260,000

2 Beds ⋅ 1 Baths

Great opportunity to live close to nob hill, UNM and all the good stuff! Easy access to anywhere is town. Next to the golf course the base, the hospitals and everything. New TPO roof, refrigerated air conditioning, new flooring, new cabinets, new quartz counter tops. New windows, updated electrical panel and new garage door with opener. Fresh paint inside and out. New refrigerator and stove with fresh landscaping. Move in ready with everything you need!!! Schedule your showing today!

3428 Ross Avenue SE, Albuquerque

$184,900

2 Beds ⋅ 1 Baths

******Price Reduction********Property Being Sold 'As Is' Carpet Allowance with acceptable offer. Comfortable condo with refrigerated air, a private patio and yard, and appliances that convey, including a stackable washer and dryer. Ideally situated near Highland High School, Kirtland AFB, UNM Hospital, Presbyterian Hospital, and other major employers. Excellent access to shopping, restaurants, and everyday conveniences.

517 Madison Place SE, Albuquerque

$395,000

3 Beds ⋅ 3 Baths

Modern, versatile, and ideally located near Nob Hill, this stylish townhome offers beautiful mountain and sunset views with easy access to UNM, Downtown, restaurants, shopping, and the Sunport--and **no HOA fees**. The upper level features high ceilings and an open floor plan, with a modern kitchen flowing into spacious living and dining areas. The comfortable primary suite provides a relaxing retreat with a soaking tub. The flexible entry level includes a second bedroom plus an additional room that could serve as a third bedroom, family room, or home office. Fresh interior paint, new carpet, modern appliances, and refrigerated air make the home comfortable and move-in ready. Outside, enjoy a private backyard with an open patio, or head to the deck to take in the sunset and mountain views. An attached two-car garage completes this inviting, low-maintenance Albuquerque home.

332 Valverde Drive SE, Albuquerque

$375,000

3 Beds ⋅ 2 Baths

This Stunning Solidly-Built Block Pueblo Style home, constructed in 1951, is nestled in the desirable Ridgecrest addition, with close proximity to UNM, Sandia Labs,Kirtland Air Force Base & Nob Hill. The home boasts a gorgeous zen-like courtyard surrounded by a privacy wall, adorned with hand painted dragons, apple tree, black current bush and a lovely pergola providing patio shade and comfort. Step inside and you will find a 1314 SF living space with coved ceilings, a wood burning fireplace, ceiling fans and hard wood floors. The Main living area, living-room, dining-room and kitchen, flow into an open design. The kitchen has upgraded wooden cabinets, granite counter tops and top shelf appliances, the electric outlets are mounted under the cabinets for a clean look ; the refrigerator, dish washer, electric stove, washer and dryer all convey. The two bathrooms have ceramic tile floors, granite counter tops and quality cabinets. The home has three lovely bedrooms; the primary bedroom has a walk-in closet and 3/4 bath. Solar light tubes usher in natural sunlight and together with recessed lighting the home is bright and cheery. The house has gorgeous wood Pella windows that include built in blinds. You'll save on utility bills as the home's block construction keeps it cooler in the summer and warmer in the winter. Lots of storage space makes it easy to organize and access your belongings. The home has a large attached 2 car garage for crafts, games, a gym, extra storage, or to keep you cars out of the elements. This bright, lovely, fully upgraded home can be yours, schedule a showing today.

1000 Washington Street SE, Albuquerque

110 Richmond Drive SE Unit UNIT 204, Albuquerque

$326,500

2 Beds ⋅ 2 Baths

A thoroughly unique live/work arrangement in Nob Hill! Located in the Art Deco-style 110 Richmond building, unit 204 provides comfortable, sleek, contemporary living on its main level with a bedroom suite or gallery/office/studio space on the lower level. The main level, located on the 2nd floor of this elevator building, is entered via a manicured central courtyard which is enjoyed by all residents. Inside finds living and dining areas, kitchen with stainless steel Professional Series Frigidaire appliances, espresso cabinets and pantry, full bath, and bedroom- with TWO walk-in closets! On the street level there is studio/office space with 3/4 bath ensuite and separate outdoor access. Additional features include frosted glass entry doors, premium Hurd windows, recessed lighting, stacked full-size washer/dryer, ceiling fans, and security system. Enclosed communal garage + permits for street parking on Richmond. Situated in the heart of Nob Hill and within easy reach of UNM.

110 Richmond Drive SE Unit UNIT 204, Albuquerque

$365,000

4 Beds ⋅ 2 Baths

Welcome to this charming home full of original character and warmth. Beautiful hardwood floors run throughout the home, with great natural light and a wood-burning fireplace surrounded by Spanish Revival tile that adds a unique touch. The converted garage offers a flexible four-bedroom layout, it has separate entrance with a half bath nearby that could work well as part of a primary suite area, guest space, or home office. Updates include Paint (2026), Water Heater (2024), Security Door (2024), Refrigerator (2024), TPO Roof (2021), Washer and Dryer (2021), Stove/oven (2020), Vapor barrier in crawl space, PVC sewer line with clean outs and more. See the complete list for details.

3815 Anderson Avenue SE, Albuquerque

$384,900

4 Beds ⋅ 2 Baths

Welcome to this absolutely beautiful 4 bedroom home located in the UNM area! It has been upgraded throughout & very well cared for. The floorplan offers a great sized living room with a gas fireplace, large bedrooms & a walk-in closet in the primary! The real wood floors are warm & welcoming & transition well to the updated kitchen tile. The kitchen also features tasteful tile backsplash, SS appliances that include the refrigerator & gas stove, plenty of cabinetry with under cabinet lighting & solid surface tops. The master suite offers all the space one could want, luxury vinyl flooring, a walk-in closet & boasts a gorgeous bathroom. Ceiling fans throughout keep the air moving, while the real cooling is provided by refrigerated AC! Per the sellers, the roof was replaced just 3 years ago. The house has a new electric service upgrade per codes in 2026, many electrical upgrades throughout the home including circuits, recessed lighting, & exhaust fans in the bathrooms. The home has nearly all new paint inside and out, a carport for parking, along with plenty of driveway & backyard access. Out back there is a huge patio that is perfect for entertaining or just hanging out to unwind. There is also attached storage. The washer & dryer convey with the home. It is truly a gem and must be seen to be appreciated. SELLER FINANCING IS AN OPTION! Make your appointment today!

1409 Princeton Drive SE, Albuquerque

$315,000

2 Beds ⋅ 2 Baths

Imagine living just moments from the heart of Nob Hill, where walkability, local dining, and neighborhood charm are part of everyday life. This inviting single-family home offers a warm, comfortable atmosphere and a layout designed for easy, functional living in one of Albuquerque's most desirable areas.The interior feels welcoming and practical, with spaces well suited for daily routines and relaxed gatherings. Natural light and a comfortable flow create an approachable, lived-in feel.Ideally located near UNM, schools, and major hospitals, the property also offers quick access to shopping, dining, and main roadways. Whether you are seeking a place to call home or a well-positioned investment, this property delivers flexibility, location, and lasting appeal.

405 Carlisle Boulevard 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.