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$798,456
3 Days On Site

635 Mesilla Street SE
Albuquerque, NM 87108

For Sale|Multi Family|Active
8
Beds
8
Total Baths
2,688
SqFt
$297
/SqFt
1970
Built
Subdivision:
Emil Mann Addition
County:
Bernalillo
Call Now: 505 401-7500
Is this the listing for you? We can help make it yours.
505 401-7500
635 Mesilla Street SE635 Mesilla Street SE635 Mesilla Street SE
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Monthly Payment (Est.)

$3,643
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$798,456
Days On Site 
3 Days
Bedrooms 
8
Inside Area (SqFt) 
2,688 sqft
Total Baths 
8
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.16 Acres
Year Built 
1970
MLS® Number 
1104663
Status 
Active
Property Tax 
$5,451.11
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
0.16
Disclosures 
Lead Based Paint Disclosure, Principal Is Real Estate Licensed, Ranm2100 Disclosure
Levels 
One
Property Sub Type 
Multi Family
SqFt Total 
2688
Utilities 
Cable AvailableNatural Gas AvailableCable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Zoning 
R-ML*
Interior Features
Appliances 
Convection OvenRefrigerator
Cooling 
Evaporative Cooling
Flooring 
CarpetTileVinyl
Heating 
Central
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Exterior Features
Construction Details 
Brick
Lot Features 
Landscaped
Patio And Porch 
Patio
Community Features
Financing Terms Available 
CashConventionalVA Loan
MLS Area 
71 - Southeast Heights
Listing courtesy of Trinity Apartment Company LLC



Listing information is provided by Participants of the Southwest MLS, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Southwest MLS, Inc..
Data last updated at: 2026-06-06 02:14 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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Save
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$798,456
3 Days On Site

635 Mesilla Street SE
Albuquerque, NM 87108

For Sale|Multi Family|Active
8
Beds
8
Total Baths
2,688
SqFt
$297
/SqFt
1970
Built
Subdivision:
Emil Mann Addition
County:
Bernalillo
Call Now: 505 401-7500
Is this the listing for you? We can help make it yours.
505 401-7500
635 Mesilla Street SE635 Mesilla Street SE635 Mesilla Street SE
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$3,643
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$798,456
Days On Site 
3 Days
Bedrooms 
8
Inside Area (SqFt) 
2,688 sqft
Total Baths 
8
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.16 Acres
Year Built 
1970
MLS® Number 
1104663
Status 
Active
Property Tax 
$5,451.11
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
0.16
Disclosures 
Lead Based Paint Disclosure, Principal Is Real Estate Licensed, Ranm2100 Disclosure
Levels 
One
Property Sub Type 
Multi Family
SqFt Total 
2688
Utilities 
Cable AvailableNatural Gas AvailableCable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Zoning 
R-ML*
Interior Features
Appliances 
Convection OvenRefrigerator
Cooling 
Evaporative Cooling
Flooring 
CarpetTileVinyl
Heating 
Central
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Brick
Lot Features 
Landscaped
Patio And Porch 
Patio
Community Features
Financing Terms Available 
CashConventionalVA Loan
MLS Area 
71 - Southeast Heights
Listing courtesy of Trinity Apartment Company LLC



Listing information is provided by Participants of the Southwest MLS, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Southwest MLS, Inc..
Data last updated at: 2026-06-06 02:14 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
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