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631 & 633 Mesilla Street Se, 
Albuquerque, NM 87108

$704,000

3

Beds

3

Baths

2,716

Sq Ft

Multi-Family

Active

Listed by

Trey W. Whaley

, 

Karen Eugenia Amaro

Trinity Apartment Company LLC.

, 

Realty One Of New Mexico

505-622-3240

Last updated:

August 5, 2026, 05:33 PM

MLS#

1108552

Source:

NM SWMLS

About This Home

631 & 633 Mesilla Street Se

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

Home Facts

Multi-Family

3 Baths

3 Bedrooms

Built in 1971

Subdivision & Development:

The Emil Mann Addition

Price Summary

704,000

$259 per Sq. Ft.

MLS #:

1108552

Last Updated:

August 5, 2026, 05:33 PM

Added:

5 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Interior

Living Area:

2,716 Sq. Ft.

Structure

Structure

Building Area:

2,716 Sq. Ft.

Year Built:

1971

Lot

Lot Size (Sq. Ft):

6,969

Finances & Disclosures

Finances

Price:

$704,000

Price per Sq. Ft:

$259 per Sq. Ft.

Source:NM SWMLS
The information being provided by Greater Albuquerque Aor/Southwest Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Greater Albuquerque Aor/Southwest Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.