632 Alcazar Street
Albuquerque, NM 87108
3
Bed
2
Bath
2,451Sqft
0.16Acre(Lot)
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
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 -
Flooring Information
Tile -
Interior Features
Appliances: Free-Standing Electric Range, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Wall Furnace Has Cooling: Yes Cooling: Evaporative Cooling
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Building Information
Year Built: 1971 Building Area Total: 2451 Stories: 1 Private Pool: No
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Lot Information
Lot Size Acres: 0.16 Lot Size Source: Public Records Lot Size Square Feet: 6752Property Information
Subdivision: Emil Mann Addition Source Property Type: Residential Income Postal Code Plus 4: 5229 Zoning Description: MX-M* Property SubType: Quadruplex Levels: One Property Age: 55
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Listing Price Information
Listing Price: $420000 Cash, Conventional, FHA, VA Loan
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Tax Information
Parcel Number: 101905604234620221 Annual Tax: $3913.74
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Utility Information
Electricity Available, Natural Gas Available, Sewer Connected, Water Connected -
Location Information
Direction: Head east on Central ave towards Alcazar st SE. Turn Right onto Alcazar and continue south. Property is on you left. Security Features: Security Gate
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 217 General Stilwell St.., Albuquerque, NM, 87108 | $425,155 | 7 | 4 | 3,200 | 0.17 Acre |
| 8600 Zuni Road, Albuquerque, NM, 87108 | $1,594,615 | 3 | 2 | 16,020 | 1 Acre |
| 211 Texas Street, Albuquerque, NM, 87108 | $349,900 | 6 | 4 | 2,500 | 0.16 Acre |
| 209 Texas Street, Albuquerque, NM, 87108 | $349,900 | 7 | 4 | 2,650 | 0.16 Acre |
| 325 Tennessee Street, Albuquerque, NM, 87108 | $299,900 | 6 | 3 | 2,304 | 0.16 Acre |
| 428 Rhode Island Street, Albuquerque, NM, 87108 | $329,900 | 6 | 3 | 2,250 | 0.14 Acre |
| 513 Utah Street, Albuquerque, NM, 87108 | $215,000 | 2 | 1 | 1,536 | 0.16 Acre |
| 336 Rhode Island Street, Albuquerque, NM, 87108 | $255,000 | 2 | 1 | 2,375 | 0.16 Acre |
| 308 Charleston Street, Albuquerque, NM, 87108 | $399,000 | 4 | 4 | -- | 0.19 Acre |
| 119 Charleston Street, Albuquerque, NM, 87108 | $299,000 | 3 | 3 | 1,784 | 0.16 Acre |
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Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Southwest Multiple Listing Service. All Rights Reserved.
ByOwner last updated this listing 09/08/2026 @ 01:07
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