For sale

$2,323,232

433 Mesilla St SE #437, Albuquerque, NM 87108

3beds

2baths

14,688sqft

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Multi Family

Built in 1979

-- sqft lot

$2,145,300 Zestimate^®

$158/sqft

$-- HOA

What's special

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

35 days

76

2

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Wall Furnace

Cooling

Evaporative Cooling

Appliances

Included: Refrigerator

Features

Flooring: Tile, Vinyl

Interior area

Total structure area: 14,688
Total interior livable area: 14,688 sqft

Property

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2

Lot

Size: 0.6 Acres

Details

Has additional parcels: Yes
Parcel number: 101905608747722104
Zoning description: R-MH*

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Stucco

Condition

Resale
New construction: No
Year built: 1979

Details

Builder name: Alexander

Utilities & green energy

Electric: None
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Green energy

Energy generation: None

Community & HOA

Community

Subdivision: Emil Mann Addition

Location

Region: Albuquerque

Financial & listing details

Price per square foot: $158/sqft
Annual tax amount: $12,250
Date on market: 6/13/2026
Listing terms: Cash,Conventional
Total actual rent: 24137
Tenant pays: Other, See Remarks

Estimated market value

$2,145,300

$2.04M - $2.25M

$1,419/mo

Price history

Date	Event	Price
6/13/2026	Listed for sale	$2,323,232$158/sqft
Source: SWMLS #1105475 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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