# 433 Mesilla & 437 (4 lots) Street SE, Albuquerque, NM 87108

> **TL;DR:** 3bd/2ba residential multi family, $2,323,232 ($158/sqft), built 1979, 14,688 sqft.
> A/C. Est. $10,067/mo. Listed 12 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,323,232 |
| Price/sqft | $158 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 14,688 |
| Year Built | 1979 |
| Lot Size | 26,136 sqft (0.60 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 12 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $10,067 |
| **Total** | **$10,067** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1979
- 0.60 acre lot
- 2 stories

## Description

### Agent Description
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

## Location

- **Address:** 433 Mesilla & 437 (4 lots) Street SE, Albuquerque, NM 87108
- **County:** Bernalillo
- **Neighborhood:** Emil Mann Addition
- **Coordinates:** 35.071239, -106.565706
- **Google Maps:** https://www.google.com/maps?q=35.071239,-106.565706

## Listing Agent

- **Name:** Todd D Clarke
- **Brokerage:** NM Apartment Advisors, Inc.
- **Phone:** 5054408633
- **Email:** tclarke@nmapartment.com

## Primary Photo

![433 Mesilla & 437 (4 lots) Street SE - Primary Photo](http://lh.rdcpix.com/36c0cbe92d448ce92c0830441fe8391cl-f588286274r.jpg)

*62 total photos available on [listing page](https://www.propertysimple.com/listing/433-mesilla-437-4-lots-street-se-albuquerque-nm-87108-1105475)*

---

**MLS#:** 1105475 | **Updated:** 2026-06-25
**Source:** listhub

*Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/433-mesilla-437-4-lots-street-se-albuquerque-nm-87108-1105475)

---

## Structured Data

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  "description": "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 suppor",
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```