About 433 Mesilla & 437 (4 Lots) Street Se
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
Features of 433 Mesilla & 437 (4 Lots) Street Se
| MLS® # | 1105475 |
|---|---|
| Price | $2,323,232 |
| Original Price | $2,323,232 |
| Price Per Sq.Ft. | $158.17 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Square Footage | 14,688 |
| Acres | 0.60 |
| Year Built | 1979 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
| Is Green | No |
| Guest House | No |
Community Information
| Address | 433 Mesilla & 437 (4 Lots) Street Se |
|---|---|
| Area | 71 - Southeast Heights |
| Subdivision | Emil Mann Addition |
| City | Albuquerque |
| County | Bernalillo |
| State | NM |
| Zip Code | 87108 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Tile, Vinyl |
|---|---|
| Appliances | Refrigerator |
| Heating | Wall Furnace |
| Cooling | Evaporative Cooling |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Construction | Stucco |
|---|---|
| Builder | Alexander |
Additional Information
| Date Listed | June 13th, 2026 |
|---|---|
| Days on Market | 96 |
| RE / Bank Owned | No |
| Finance Considered | Cash, Conventional |
| Current Taxes | $12,250 |
Listing Details
| Office | NM Apartment Advisors, Inc. |
|---|