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635 Mesilla Street Se, Albuquerque, NM 87108

Albuquerque
Local realty services provided by:CENTURY 21 Champions, Inc.
635 Mesilla Street Se,Albuquerque, NM 87108
$798,456
  • 8 Beds
  • 8 Baths
  • 2,688 sq. ft.
  • Multi-family
  • Active
Listed by: trey w. whaley
Office: trinity apartment company llc.
MLS#:1104663
Source:NM_SWMLS

Price summary

  • Price:$798,456
  • Price per sq. ft.:$297.04

About this home

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 and 2-bedroom/1-bath units, catering to consistent rental demand in a high-occupancy submarket. This asset offers immediate and stable cash flow, operating at an 7.37% 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.

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Home facts

  • Year built:1970
  • Listing ID #:1104663
  • Added:56 day(s) ago
  • Updated:July 29, 2026 at 02:42 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Flooring:Carpet, Tile, Vinyl
  • Kitchen Description:Convection Oven, Refrigerator
  • Living area:2,688 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Central

Structure and exterior

  • Year built:1970
  • Building area:2,688 sq. ft.
  • Lot area:0.16 Acres
  • Construction Materials:Brick
  • Exterior Features:Landscaping, Patio
  • Levels:1 Story

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$798,456
  • Price per sq. ft.:$297.04
  • Tax amount:$5,451

Features and amenities

  • Appliances:Refrigerator

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