433 Mesilla & 437 (4 Lots) Street
Albuquerque, NM 87108
3
Bed
2
Bath
14,688Sqft
0.60Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 -
Flooring Information
Tile, Vinyl -
Interior Features
Appliances: Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Wall Furnace Has Cooling: Yes Cooling: Evaporative Cooling
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Building Information
Year Built: 1979 Building Area Total: 14688 Construction Materials: Stucco Stories: 2 Private Pool: No
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Lot Information
Lot Size Acres: 0.6 Lot Size Source: Public Records Lot Size Square Feet: 25997Property Information
Subdivision: Emil Mann Addition Source Property Type: Residential Income Postal Code Plus 4: 5215 Zoning Description: R-MH* Property SubType: Multi Family Levels: Two Property Age: 47
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Listing Price Information
Listing Price: $2323232 Cash, Conventional
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Tax Information
Parcel Number: 101905608747722104 Annual Tax: $12250 Tax Legal Desc: Lots 13, 14, 15 & 16, Block 3, Emil Mann
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Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected -
Location Information
Direction: From I-25 and Gibson, east to Mesilla, south to property
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 8600 Zuni Road, Albuquerque, NM, 87108 | $1,793,434 | 3 | 2 | 16,020 | 16,020 SqFt |
| 234 Texas Street, Albuquerque, NM, 87108 | $109,900 | 1 | 1 | 1,100 | 1,100 SqFt |
| 209 Texas Street, Albuquerque, NM, 87108 | $375,000 | 7 | 4 | 2,650 | 2,650 SqFt |
| 325 Tennessee Street, Albuquerque, NM, 87108 | $299,900 | 6 | 3 | 2,304 | 2,304 SqFt |
| 240 San Pablo Street, Albuquerque, NM, 87108 | $324,655 | 5 | 4 | 2,760 | 2,760 SqFt |
| 501-505 Mesilla Street, Albuquerque, NM, 87108 | $560,000 | 10 | 6 | -- | |
| 633 Grove Street, Albuquerque, NM, 87108 | $250,000 | 2 | 2 | -- | |
| 205 Mesilla Street, Albuquerque, NM, 87108 | $350,000 | 4 | 4 | 2,800 | 2,800 SqFt |
| 501 Mesilla Street, Albuquerque, NM, 87108 | $280,000 | 4 | 3 | -- | |
| 505 Mesilla Street, Albuquerque, NM, 87108 | $280,000 | 6 | 3 | -- |
Similar Multifamily To 433 Mesilla & 437 (4 Lots) Street
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ByOwner last updated this listing 06/22/2026 @ 09:06
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