UNM South Homes under $350,000

Welcome to UNM South, a vibrant and charming neighborhood nestled in the heart of Albuquerque, New Mexico. This area is not only known for its proximity to the University of New Mexico but also for its rich cultural scene, diverse community, and beautiful landscapes. With the Sandia Mountains as a stunning backdrop, residents enjoy breathtaking views and a plethora of outdoor activities right at their doorstep.

UNM South is particularly appealing for homebuyers seeking affordability without compromising on quality of life. Here, you’ll find a variety of homes listed under $350,000, making it an ideal choice for first-time buyers, families, or anyone looking to invest in a growing area. From cozy bungalows to modern townhomes, the housing options cater to a range of tastes and lifestyles. Many properties feature charming architectural details, spacious yards, and easy access to local amenities.

Living in UNM South means immersing yourself in a lively atmosphere filled with art galleries, eclectic shops, and delightful eateries. The neighborhood is well-connected to public transportation, making it easy to explore all that Albuquerque has to offer, including the historic Old Town and the bustling Downtown area.

With its blend of affordability, community spirit, and cultural richness, UNM South is not just a place to live—it's a place to thrive. Discover your dream home in this dynamic neighborhood today and experience the unique charm of Albuquerque!

Newest UNM South Homes under $350,000

$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

$350,000

4 Beds ⋅ 3 Baths

What an interesting unique concept!! Do you want the most unusual home for yourself??? Would you like to make a statement? The commercial building next door is also occupied as a residential home. The seller can even provide long term owner financing if desired. This home could not be more secure! The walls and roof are made of 12 inch thick concrete. The building is a martial arts studio now. The floor plan is wide open for easy internal construction. There are already two accessible bathrooms. If you prefer to work from home, the present martial arts tenants are wiling to remain to help cover your mortgage. This could make a wonderful combination work/live environment.

427 Adams Street 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

$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

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

$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

$299,000

2 Beds ⋅ 1 Baths

This charming 2 bedroom, 1 bathroom home offers approximately 900 square feet of comfortable living space in a convenient central location near Nob Hill, UNM, shopping, dining, and everyday amenities. Major improvements include a fully upgraded electrical panel completed in 2025 and a new water heater installed in 2026. The dryer was also purchased in 2025. The property features a one car garage and a spacious backyard with plenty of possibilities. Currently tenant occupied on a month to month lease. All appliances convey in their current condition with no expressed or implied warranties. Schedule your showing today!

515 Graceland Drive SE, Albuquerque

$347,000

2 Beds ⋅ 2 Baths

Price Improvement! Diamond in the rough! Great home in wonderful Ridgecrest area. Unique 2 Bedroom Brick Home. Large living room with wood burning fireplace and 2 closets add additional storage. Living room area could accommodate a Rear Dinning area. Just a few steps further past the sliding glass door you'll be in the sunroom or maybe your office. Another glass door from the Sunroom will take you to a big patio Huge eat in Kitchen has lots of cabinets and walk in pantry. New Fridge, dishwasher, separate built in Oven and stove top. New Barn doors allow for ez entry to Full Bathroom, Master Closet and Pantry. Openings can accommodate a wheel chair. Bedrooms have hardwood floors, plenty of closet space and windows to let our NM sunshine in. The full bath has shower and separate bath tub. The Half bath by the Kitchen works great for dinner guest. Laundry area is located in the Garage. This Home has lots a great qualities and has good bones. Just needs some TLC. Come take a look at this one before it's gone.

1908 Ridgecrest Drive SE, Albuquerque

$350,000

2 Beds ⋅ 1 Baths

Welcome to 1605 Wilmoore Dr. SE! This charming home offers comfortable living with great versatility. Enjoy a functional floor plan, abundant natural light, and a spacious backyard ready for entertaining, gardening, or relaxing. Conveniently located near shopping, dining, parks, and easy freeway access, this home is full of potential and ready for its next owner.Features you'll love:* Attached garage offering convenient parking and additional storage* Separate flex space in the backyard--ideal for a home office, gym, hobby room, studio, or extra storage* Spacious backyard with room to personalize* Convenient central location close to shopping, dining, parks, and major commuter routes

1605 Wilmoore Drive SE, Albuquerque

$325,000

3 Beds ⋅ 2 Baths

Gleaming Floors - 2 living areas that are separated by Open and Updated Kitchen - Pantry, Butcher Block counter tops, apron sink, backsplash. Nice sized Dining Area + big breakfast bar open to family room. Charm and character - 3 bedrooms - 2 baths, ( front bath - retiled ) one car garage( updated door - insulated ), laundry room, big backyard with access to the Alley. Primary Bedroom with en suite (updates include toilet/vanity mirror/light fixture/shower reglazing) -.Smart app controlled 4-zone Energy Star high efficiency ductless mini splits-additional zone available.Ductless healing and cooling. Windows and Roof are not Original . Open Kitchen - great for entertaining or everyday life. Spacious Family room The backyard is inviting with covered porch - ready to be enjoyed and become the backyard of your dreams. Flexible floorpan - House is located in south UNM - Close to Nob Hill and Ridgecrest and coffee shops, restaurants , Parks and golf course are nearby.

3520 Smith Avenue 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.