LKV Realty
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631 & 633 Mesilla Street SE photo 1
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$704,000
$3,900Reward *
631 & 633 Mesilla Street SE, Albuquerque, NM 87108Listing ID 1108552

631 & 633 Mesilla Street SE, Albuquerque, NM 87108

Active
The Emil Mann Addition
Time on site: 13 days • Last updated: Aug 5, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Multi-Family
Square Feet
Square Feet
2,716
Acres
Acres
0.16
Days on Site
Days on Site
12
Cooling
Cooling
Evaporative Cooling
Heating
Heating
Wall Unit
Year Built
Year Built
1971
Parking
Parking
1.5 Spaces Per Unit

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 , catering to consistent rental demand in a high-occupancy submarket. This asset offers immediate and stable cash flow, operating at an 9.91% 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. The property has been well maintained by a hands-on local owner who has taken pride in management and upkeep, resulting in solid operations and tenant stability

Property Information

Property Details

Location

Address
631 & 633 Mesilla Street SE
County
Bernalillo
City
Albuquerque
Zip Code
87108
Subdivision
The Emil Mann Addition
MLS Area
71 - Southeast Heights

Interior Features

Heating and Cooling

Cooling
Evaporative Cooling
Heating
Wall Unit

Building

Building Information

Square Feet
2,716
Year Built
1971
Construction
Stucco
Roof
Flat, Tar/Gravel

Property Taxes

Tax Annual Amount
$5,451
Trinity Apartment Company LLC, (505) 622-3240

Market Report for 87108

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Southwest Multiple Listing Service, Inc. (SWMLS)
Southwest Multiple Listing Service, Inc. (SWMLS) logo

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

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