Four-Unit Residential
For Sale
Contact for pricing
408 Mesilla St SE, Albuquerque, NM 87108
Quadplex featuring four 2-bedroom, 1-bath units with included appliances and separate utility meters.
Property Size2,756 SF
Days on Market110
Property Features for 408 Mesilla St SE
General Information
Standard status
Active
Size
2,756 SF
Total Parking Spaces
4
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
4
Amenities
ceramic tile flooring
washer/dryer
refrigerator
stove
separate gas and electric meters
Building Details
Tenancy
Multi
Listing Agency:
The Maez Group
(505) 515-1719
Listed By:
Joseph Maez · License #NM 17921
Source:
Crexi
Added: Apr 13
Changed: Jul 22
Last Checked: Jul 22 at 4:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Maez Group
Investment Insights
Based on property information with market context.
This four-unit residential quadplex at 408 Mesilla Street features four spacious 2-bedroom, 1-bathroom units. Each unit is described as approximately 689 square feet and includes ceramic tile flooring. The offering includes assigned outdoor parking space for each unit, and washer, dryer, refrigerator, and stove are included in all units.
The property has separate gas and electricity meters for independent utility usage and billing. The quadplex is fully occupied with 12-month leases in place, which supports stable, ongoing residential income.
Each unit is set up for straightforward day-to-day living with in-unit appliances and designated parking. The separate metering helps tenants manage their own utility usage while maintaining clear billing separation.
The property has separate gas and electricity meters for independent utility usage and billing. The quadplex is fully occupied with 12-month leases in place, which supports stable, ongoing residential income.
Each unit is set up for straightforward day-to-day living with in-unit appliances and designated parking. The separate metering helps tenants manage their own utility usage while maintaining clear billing separation.
Key Highlights
- Quadplex with four 2‑bedroom, 1‑bath units, each approx. 689 SF
- Ceramic tile flooring throughout all units
- Assigned outdoor parking space for each unit
Property Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
715
Businesses Nearby
Explore this area
Business Placement
Demographics for 87108, NM
36,773
Population
19,153
Households
1.9
Avg Household Size
39
Median Age
33%
College-Educated
85%
High-School Grad
5.9 sq mi
ZIP Area
6,233
Density / Sq Mi
$39,578
Median Household Income
$31,478
Median Earnings
$828
Median Rent
$227,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Quadplex featuring four 2-bedroom, 1-bath units with included appliances and separate utility meters.
Where is this quadplex located?
The property is located at 408 Mesilla St SE Albuquerque, NM.
What are key features of this property?
This property features: Quadplex with four 2‑bedroom, 1‑bath units, each approx. 689 SF; Ceramic tile flooring throughout all units; Assigned outdoor parking space for each unit
