$704,000
Listed on Aug 5, 2026
3 bds · 3 ba · 2,716 sqft
631 & 633 Mesilla Street SE, Albuquerque, 87108
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(505) 521 8550
us for more information
236 San Pablo Street NE
Albuquerque, NM 87108
This property is not for sale.
Sold on 07.22.2026 for $649,311
3
Beds
8
Baths
2,760
SqFt Home
1
Story
1958
Year Built
6,752
SqFt Lot
About this property
8-unit multifamily investment located in a rapidly improving corridor of Northeast Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a… Show more
8-unit multifamily investment located in a rapidly improving corridor of Northeast Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a high cap rate, strong cash-on-cash returns, and durable demand from long-term workforce tenants.The surrounding neighborhood has seen substantial momentum, including a brand-new public library and park, along with ongoing residential and mixed-use construction nearby. These improvements support long-term appreciation while maintaining strong rental demand.The asset is a C-class, workforce housing property, which historically performs well through market cycles due to affordability, necessity-driven demand, and tenant longevity. Current tenants are stable, long-term residents. Can be sold separately.
Property details for 236 San Pablo Street NE
Interior
Bathrooms Total:
8
Interior Features:
Skylights
Appliances:
Built-In Gas Range, Convection Oven, Refrigerator, Range Hood
Flooring:
Laminate, Tile, Wood
Window Features:
Skylight(s)
Exterior and lot
Lot Size Acres:
0.16
Lot Size:
6,752 sqft
Exterior Features:
Lighting
Building and construction
Property Type:
Residential Income
Property Sub Type:
Multi Family
Property Sub Type Additional:
Multi Family
Building Area Total:
2,760 sqft
Year Built:
1958
Construction Materials:
Stucco
New Construction:
No
Builder Name:
unkown
Levels:
One
Number Of Units Total:
8
Stories:
1
Property Condition:
Resale
Provisional
MLS #:
1099827
Gross Income:
74431
Listing Terms:
Cash, Conventional, FHA, VA Loan
Number Of Buildings:
2
Owner Pays:
Water
Tenant Pays:
Electricity, Gas
Total Actual Rent:
31200
Area and schools
City:
Albuquerque
Postal Code:
87108
MLS Area Major:
Fairgrounds
Subdivision:
Loma Verde Subdivision
County:
Bernalillo
Parcel Number:
101905717718331723
Utilities
Utilities:
Cable Available, Electricity Connected, Sewer Connected, Water Connected
Cooling:
Evaporative Cooling
Heating:
Wall Furnace
Heating (Y/N):
Yes
Map location for 236 San Pablo Street NE, Albuquerque, NM 87108
Directions: East on central, north on San Pablo
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Homes recently sold near 236 San Pablo Street NE
236 San Pablo Street NE Albuquerque, NM 87108 listed as MLS #1099827.
This 3 bedroom 2,760 sqft Residential Income built in 1958 located in Albuquerque NM 87108.
236 San Pablo Street NE was sold for $649,311 as MLS #1099827.
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