632 Alcazar Street SE Albuquerque, NM $ 420,000
632 Alcazar Street SE
$ 420,000
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632 Alcazar Street SE

Albuquerque, NM, 87108
$ 420,000
Bedrooms3 Baths2.0 Sq 2,451

Monthly Estimate*

$ 2,652

632 Alcazar Street SE, Albuquerque, NM 87108 - Image 1
632 Alcazar Street SE, Albuquerque, NM 87108 - Image 2

Multi-Family Home for sale in Albuquerque, NM

for $420,000 with 3 bedrooms and 2 full baths. This 2,451 square foot home was built in 1971 on a lot size of 0.16.

4-unit multifamily investment located in a rapidly improving corridor of Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a strong cap rate, attractive cash-on-cash returns, and durable demand from long-term workforce tenants. The surrounding area has seen substantial momentum, including a brand-new public library and park, along with ongoing residential and mixed-use development nearby. These improvements support long-term appreciation while maintaining strong rental demand. Current tenants are stable, long-term residents, providing a solid foundation for consistent income.630 Alcazar St SE is also for sale and can be bought together.

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Multi-Family Active

Price

$ 420,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,913

Style

Lot Size

0.16

Year Built

1971

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1110499

Features
General
Heating Wall Furnace
Cooling Evaporative Cooling
Utilities Electricity Available Natural Gas Available Sewer Connected Water Connected
Appliances Free-Standing Electric Range Refrigerator
Security Features Security Gate
Year Built 1971
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Property Subtype Quadruplex
Accessibility None
County Bernalillo
New Construction false
Property Type Residential Income
Subdivision Name Emil Mann Addition
Green Energy Generation None
Status Active
Directions Head east on Central ave towards Alcazar st SE. Turn Right onto Alcazar and continue south. Property is on you left.
City Albuquerque
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description MX-M*
Number Of Units Total 4
MLS Area 70 - Fairgrounds
Lot Size Square Feet 6752
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 3913.74
Property Condition Resale
Builder Name Unknown
Standard Status Active
Total Actual Rent 3150
Property Sub Type Additional Quadruplex
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 3
Total Baths 2
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Exterior
Number of Buildings 1
Building Area Total 2451
Lot Size Acres 0.16
Lot Size Source Public Records
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* Excluded Features
List By
Tyler M Pete

Listing Agent

Exp Realty Llc

Broker

Tylerpete.tmp@gmail.com

Email

Affordability Calculator

$2,978
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,652
Monthly Property Taxes
$326
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
Pricing History
DatePricePrice ChangeDescription
9/5/2026$420,000 Listed Price

Map


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632 Alcazar Street SE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $420,000 with 2,451 sqft and a lot size of 0.16. 632 Alcazar Street SE has 3 bedrooms, 2.0 baths, and was built in 1971. The property's zip code is 87108 which is in Albuquerque, NM