Esteban Moreno

433 Mesilla & 437 (4 Lots) Street Se

Albuquerque, NM
$ 2,323,232 Beds 3 Baths 2 Sq 14,688
Monthly Estimate* How much can I afford?

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

Active

  • Price
  • $ 2,323,232
  • City
  • Albuquerque
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • Bernalillo
  • Half Bathrooms
  • 0
  • Area
  • Southeast Heights
  • Lot Size
  • 0.6 Acres
  • Zip
  • 87108
  • Sqr Footage
  • 14,688
  • Year Built
  • 1979
  • Taxes
  • $ 12250
  • Style
  • MLS#
  • 1105475
Listed By: NM Apartment Advisors, Inc.
Data Source: Southwest MLS (SWMLS)

Features

General

Heating WallFurnace
Cooling EvaporativeCooling
Utilities ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Appliances Refrigerator
Construction Materials Stucco
Year Built 1979
Electric None
Tenant Pays Other,SeeRemarks
Stories Count 2
Levels Two
Property Subtype MultiFamily
Gross Income 277423
OwnerPays Other,SeeRemarks
Accessibility None
County Bernalillo
Operating Expense 137492
New Construction false
Property Type ResidentialIncome
Subdivision Name Emil Mann Addition
Green Energy Generation None
Status Active
Directions From I-25 and Gibson, east to Mesilla, south to property
ModificationTimestamp 2026-07-22T02:04:39.617-00:00
City Albuquerque
Disclosures LeadBasedPaintDisclosure,Ranm2100Disclosure
Zoning Description R-MH*
Number Of Units Total 32
MLS Area 71 - Southeast Heights
Lot Size Square Feet 25997
Listing Terms Cash,Conventional
Tax Annual Amount 12250
Property Condition Resale
Additional Parcels Y/N true
Builder Name Alexander
Standard Status Active
Total Actual Rent 24137
Property Sub Type Additional MultiFamily
PostalCity Albuquerque
Legal Description Lots 13, 14, 15 & 16, Block 3, Emil Mann

Interior Features

Flooring Tile,Vinyl
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 3
Total Baths 2

Exterior Features

Number of Buildings 2
Building Area Total 14688
Lot Size Acres 0.6
Lot Size Source PublicRecords
LotDimensionsSource PublicRecords

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Albuquerque, NM office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/13/2026 Listed $2,323,232

Property vs Zip Code Average in 87108

Price
AVG $350K
$2.32M
Taxes
AVG $2,947
$12,250
Year Built
AVG 1953
1979

Areas That We Cover

433 Mesilla & 437 (4 Lots) Street Se Albuquerque, NM is a Single Family Home for sale at $2323232 with 14688 sqft and a lot size of 0.6 Acres Acre(s). 433 Mesilla & 437 (4 Lots) Street Se Albuquerque has 3 bedrooms, 2 baths and was built in 1979. The property's zip code is 87108 which is in Albuquerque, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Esteban Moreno

Esteban Moreno

Associate Broker

505-236-8590

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