$420,000
Listed on Sep 6, 2026
2 bds · 2 ba · 2,581 sqft
521 Kentucky Street SE, Albuquerque, 87108
632 Alcazar Street SE
Albuquerque, NM 87108
$420,000
$171/SqFt
3
Beds
2
Baths
2,451
SqFt Home
1
Story
1971
Year Built
6,752
SqFt Lot
About this property
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… Show more
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.
Property details for 632 Alcazar Street SE
Interior
Bedrooms Total:
3
Bathrooms Total:
2
Appliances:
Free-Standing Electric Range, Refrigerator
Flooring:
Tile
Exterior and lot
Lot Size Acres:
0.16
Lot Size:
6,752 sqft
Building and construction
Property Type:
Residential Income
Property Sub Type:
Quadruplex
Property Sub Type Additional:
Quadruplex
Building Area Total:
2,451 sqft
Year Built:
1971
New Construction:
No
Levels:
One
Number Of Units Total:
4
Stories:
1
Property Condition:
Resale
Provisional
MLS #:
1110499
Listing Terms:
Cash, Conventional, FHA, VA Loan
Number Of Buildings:
1
Owner Pays:
Sewer, Trash Collection, Water
Tenant Pays:
Electricity, Gas
Total Actual Rent:
3150
Area and schools
City:
Albuquerque
Postal Code:
87108
MLS Area Major:
Fairgrounds
Subdivision:
Emil Mann Addition
County:
Bernalillo
Parcel Number:
101905604234620221
Utilities
Utilities:
Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
Cooling:
Evaporative Cooling
Heating:
Wall Furnace
Heating (Y/N):
Yes
Listing and financial details
Listing Date:
September 5, 2026
Location
Directions: Head east on Central ave towards Alcazar st SE. Turn Right onto Alcazar and continue south. Property is on you left.
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632 Alcazar Street SE Albuquerque, NM 87108 listed as MLS #1110499.
This 3 bedroom 2,451 sqft Quadruplex built in 1971
located in Emil Mann Addition, Albuquerque NM 87108.
632 Alcazar Street SE is listed for $420,000 as MLS #1110499 courtesy of EXP Realty LLC Tyler M Pete.
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 632 Alcazar Street SE, Albuquerque, NM 87108
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Estimated Mortgage
$2,124/mo
Based on $84K down · 6.5% · 30yr