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631 & 633 Mesilla Street SE Albuquerque, NM $ 704,000
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631 & 633 Mesilla Street SE
$ 704,000
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631 & 633 Mesilla Street SE

Albuquerque, NM, 87108
$ 704,000
Bedrooms3 Baths3.0 Sq 2,716

Monthly Estimate*

$ 4,445

631 & 633 Mesilla Street SE, Albuquerque, NM 87108 - Image 1
631 & 633 Mesilla Street SE, Albuquerque, NM 87108 - Image 2
631 & 633 Mesilla Street SE, Albuquerque, NM 87108 - Image 3

Multi-Family Home for sale in Albuquerque, NM

for $704,000 with 3 bedrooms and 3 full baths. This 2,716 square foot home was built in 1971 on a lot size of 0.16.

Exceptional opportunity to acquire a 8-unit apartment portfolio located in Albuquerque's strong workforce housing sector. The property features a well-balanced unit mix of 1-bedroom/1-bath , catering to consistent rental demand in a high-occupancy submarket.This asset offers immediate and stable cash flow, operating at an 9.91% cap rate, making it an attractive option for both seasoned and entry-level multifamily investors seeking yield in today's market.A significant portion of the tenant base is supported by housing voucher programs, providing reliable, government-backed rental income and reducing collection risk.The property has been well maintained by a hands-on local owner who has taken pride in management and upkeep, resulting in solid operations and tenant stability

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Multi-Family Active

Price

$ 704,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,451

Style

Lot Size

0.16

Year Built

1971

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1108552
Features
General
Heating Wall Furnace
Cooling Evaporative Cooling
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Built-In Gas Range Refrigerator
Construction Materials Stucco
Year Built 1971
Tenant Pays Other See Remarks
Stories Count 1
Levels One
Property Subtype Multi Family
County Bernalillo
New Construction false
Property Type Residential Income
Subdivision Name The Emil Mann Addition
Green Energy Generation None
Status Active
Directions Take Exit 223 for Gibson Blvd.Head east on Gibson Blvd SE.Turn left onto University Blvd SE.Turn right onto Avenida Cesar Chavez SE.Turn left onto Broadway Blvd SE.Turn right onto Mesilla St SE.Continue to 631 Mesilla St SE which will be on your left.
City Albuquerque
Disclosures Lead Based Paint Disclosure Principal is Real Estate Licensed RANM 2100 Disclosure
Zoning Description R-ML*
Number Of Units Total 8
MLS Area 71 - Southeast Heights
Lot Size Square Feet 6752
Listing Terms Cash Conventional
Tax Annual Amount 5451.11
Property Condition Resale
Builder Name Unkown
Standard Status Active
Total Actual Rent 8486
Property Sub Type Additional Multi Family
Legal Description N/A
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Interior
Flooring Carpet Tile Vinyl
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 3
Total Baths 3
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Exterior
Number of Buildings 2
Building Area Total 2716
Lot Size Acres 0.16
Lot Size Source Public Records
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* Excluded Features
List By
Trey W. Whaley

Listing Agent

Trinity Apartment Company Llc

Broker

tw@trinityapartmentsales.com

Email

Affordability Calculator

$4,899
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,445
Monthly Property Taxes
$454
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/5/2026$704,000 Listed Price

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631 & 633 Mesilla Street SE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $704,000 with 2,716 sqft and a lot size of 0.16. 631 & 633 Mesilla Street SE has 3 bedrooms, 3.0 baths, and was built in 1971. The property's zip code is 87108 which is in Albuquerque, NM

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