$525,000
Listed on Aug 4, 2026
3 bds · 2 ba · 2,734 sqft
4013 Thaxton Avenue SE, Albuquerque, 87108
631 & 633 Mesilla Street SE
Albuquerque, NM 87108
$704,000
$259/SqFt
3
Beds
3
Baths
2,716
SqFt Home
1
Story
1971
Year Built
6,752
SqFt Lot
About this property
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… Show more
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
Property details for 631 & 633 Mesilla Street SE
Interior
Bedrooms Total:
3
Bathrooms Total:
3
Appliances:
Built-In Gas Range, Refrigerator
Flooring:
Carpet, Tile, Vinyl
Exterior and lot
Lot Size Acres:
0.16
Lot Size:
6,752 sqft
Building and construction
Property Type:
Residential Income
Property Sub Type:
Multi Family
Property Sub Type Additional:
Multi Family
Building Area Total:
2,716 sqft
Year Built:
1971
Construction Materials:
Stucco
New Construction:
No
Builder Name:
Unkown
Levels:
One
Number Of Units Total:
8
Stories:
1
Property Condition:
Resale
Provisional
MLS #:
1108552
Listing Terms:
Cash, Conventional
Number Of Buildings:
2
Owner Pays:
Other, See Remarks
Tenant Pays:
Other, See Remarks
Total Actual Rent:
8486
Area and schools
City:
Albuquerque
Postal Code:
87108
MLS Area Major:
Southeast Heights
Subdivision:
The Emil Mann Addition
County:
Bernalillo
Parcel Number:
101905608736620308
Utilities
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling:
Evaporative Cooling
Heating:
Wall Furnace
Heating (Y/N):
Yes
Listing and financial details
Listing Date:
August 5, 2026
Location
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.
Homes for sale similar to 631 & 633 Mesilla Street SE
Homes recently sold near 631 & 633 Mesilla Street SE
631 & 633 Mesilla Street SE Albuquerque, NM 87108 listed as MLS #1108552.
This 3 bedroom 2,716 sqft Multi Family built in 1971
located in The Emil Mann Addition, Albuquerque NM 87108.
631 & 633 Mesilla Street SE is listed for $704,000 as MLS #1108552 courtesy of Trinity Apartment Company LLC Trey W. Whaley.
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-commercial use and may not be used for any purpose other than identifying properties
which consumers may be interested in purchasing.
Searches related to 631 & 633 Mesilla Street SE, Albuquerque, NM 87108
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Estimated Mortgage
$3,560/mo
Based on $141K down · 6.5% · 30yr