433 Mesilla & 437 (4 Lots) Street Se, Albuquerque, NM

$2,323,232

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3

Beds

2

Baths

14,688

Square feet

0.60

Acres

About 433 Mesilla & 437 (4 Lots) Street Se

Historic OwnershipSince its original construction and development, the Four33/Four37 Apartments have had only a handful of owners.The owner with the longest period of stewardship and the original developer was Weldon ''Connie'' Alexander, who was the voice of the UNM Lobos for over a decade. Connie was a UNM athlete and inducted into the UNM Sports Hall of Fame in 2003. As a local lender, investor, landlord and community leader, he led the charge for the rebranding of this neighborhood to support Ta-Lin and the cultural diversity as the ''International District''.Measures of investment performance at the current asking price of $2,323,232 and with average rents of $755, include a low price per unit of $72,601, a price per square foot of $158, a GRM of 8.02, a cap rate of 6.33%, and

Residential Income property for sale in Albuquerque, NM at 433 Mesilla & 437 (4 Lots) Street Se. This 3 bedroom Residential Income property is priced at $158/sqft

Features of 433 Mesilla & 437 (4 Lots) Street Se

MLS® # 1105475
Price $2,323,232
Bedrooms 3
Bathrooms 2.00
Square Footage 14,688
Acres 0.60
Year Built 1979
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information: Albuquerque

Address 433 Mesilla & 437 (4 Lots) Street Se
Area 71 - Southeast Heights
Subdivision Emil Mann Addition
City Albuquerque
County Bernalillo
State NM
Zip Code 87108

Amenities of 433 Mesilla & 437 (4 Lots) Street Se

Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Is Waterfront No
Has Pool No

Interior of 433 Mesilla & 437 (4 Lots) Street Se

Interior Tile, Vinyl
Appliances Refrigerator
Heating Wall Furnace
Cooling Evaporative Cooling
Fireplace No
# of Stories 2
Stories Two

Exterior of 433 Mesilla & 437 (4 Lots) Street Se

Construction Stucco

Additional Information On 433 Mesilla & 437 (4 Lots) Street Se

Date Listed June 13th, 2026
Days on Market 82
RE / Bank Owned No

Listing Details

OfficeNM Apartment Advisors, Inc.

Listing Map

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