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433 Mesilla & 437 (4 Lots) Street Se, Albuquerque, NM 87108

Albuquerque
Local realty services provided by:CENTURY 21 Champions, Inc.
433 Mesilla & 437 (4 Lots) Street Se,Albuquerque, NM 87108
$2,323,232
  • 3 Beds
  • 2 Baths
  • 14,688 sq. ft.
  • Multi-family
  • Active
Listed by: todd d clarke, anita maestas
Office: nm apartment advisors, inc.
MLS#:1105475
Source:NM_SWMLS

Price summary

  • Price:$2,323,232
  • Price per sq. ft.:$158.17

About this home

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

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Home facts

  • Year built:1979
  • Listing ID #:1105475
  • Added:1 day(s) ago
  • Updated:June 14, 2026 at 12:33 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Flooring:Tile, Vinyl
  • Kitchen Description:Refrigerator
  • Living area:14,688 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Wall Furnace

Structure and exterior

  • Year built:1979
  • Building area:14,688 sq. ft.
  • Lot area:0.6 Acres
  • Construction Materials:Stucco
  • Levels:2 Story

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$2,323,232
  • Price per sq. ft.:$158.17
  • Tax amount:$12,250

Features and amenities

  • Appliances:Refrigerator

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