$420,000

$171/sqftactive

632 Alcazar Street SE, Albuquerque, NM 87108

0 days on market

Beds

Baths

Sqft

2,451

Lot

6,752 sqft

Built

1971

Type

multi family

About This Property

4-unit multifamily investment located in a rapidly improving corridor of Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a strong cap rate, attractive cash-on-cash returns, and durable demand from long-term workforce tenants. The surrounding area has seen substantial momentum, including a brand-new public library and park, along with ongoing residential and mixed-use development nearby. These improvements support long-term appreciation while maintaining strong rental demand. Current tenants are stable, long-term residents, providing a solid foundation for consistent income.630 Alcazar St SE is also for sale and can be bought together.

Features & Amenities

Free Standing Electric Range

Refrigerator

Tile Flooring

Subdivision: Emil Mann Addition

Property Details

MLS #	1110499
Property Type	multi family
Year Built	1971
Heating	WallFurnace
Cooling	EvaporativeCooling
Lot Size	6,752 sqft
Property Tax (est.)	$3,914/yr ($326/mo)
Price / Sqft	$171
Status	Active
Days on Market	0

About Nob Hill → Full Guide

Price vs. Neighborhood

This home

$420,000

Nob Hill median

$398,000

6% above the Nob Hill median. Homes here sell in an average of 31 days.

Commute Times

Unm

5 min

Downtown

10 min

Abq Studios

20 min

Sandia Labs

20 min

Kirtland Afb

15 min

Presbyterian

12 min

Intel Rio Rancho

35 min

Nearby Schools

Monte Vista Elementary

K-5 · APS

6/10

Jefferson Middle School

6-8 · APS

5/10

Highland High School

9-12 · APS

5/10

UNM (University of New Mexico)

Higher Ed · State

Neighborhood Guide

Explore Nob Hill

Eclectic & Walkable

Listing courtesy of EXP Realty LLC. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.