$415,000
Listed on Aug 4, 2026
5 bds · 3 ba · 3,120 sqft
209 General Stilwell Street NE, Albuquerque, 87123
123 General Arnold Street NE
Albuquerque, NM 87123
$350,000
$114/SqFt
4
Beds
4
Baths
3,060
SqFt Home
1
Story
1956
Year Built
7,492
SqFt Lot
About this property
This four-unit apartment building offers a strong investment opportunity with a current 9.24% cap rate at full asking price. The property features four residential 1 bed, 1 bath units. Most… Show more
This four-unit apartment building offers a strong investment opportunity with a current 9.24% cap rate at full asking price. The property features four residential 1 bed, 1 bath units. Most tenants are supported by subsidized housing programs, providing stable and consistent rental income. Utilities are currently included in the rent with those tenants; however, the building is equipped with individual gas and electric meters, offering future ownership the option to separate utilities. Located in an established rental area surrounded by other multifamily properties. Ideal for investors seeking the potential of immediate cash flow. Do NOT disturb tenants. Walkthrough will not be permitted until Earnest Money is delivered to Title. Property is sold in AS IS Condition.
Property details for 123 General Arnold Street NE
Interior
Bedrooms Total:
4
Bathrooms Total:
4
Appliances:
Free-Standing Electric Range, Refrigerator
Flooring:
See Remarks
Exterior and lot
Lot Size Acres:
0.17
Lot Size:
7,492 sqft
Building and construction
Property Type:
Residential Income
Property Sub Type:
Multi Family
Property Sub Type Additional:
Multi Family
Building Area Total:
3,060 sqft
Year Built:
1956
New Construction:
No
Levels:
One
Number Of Units Total:
4
Stories:
1
Property Condition:
Resale
Provisional
MLS #:
1099819
Listing Terms:
Cash, Conventional, FHA
Number Of Buildings:
1
Owner Pays:
Sewer, Trash Collection, Water
Tenant Pays:
Other, See Remarks
Total Actual Rent:
3950
Area and schools
City:
Albuquerque
Postal Code:
87123
MLS Area Major:
Northeast Heights
Subdivision:
Dennison Add
County:
Bernalillo
Parcel Number:
102005708208030909
Utilities
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling:
Evaporative Cooling
Heating:
Forced Air
Heating (Y/N):
Yes
Listing and financial details
Listing Date:
March 13, 2026
Location
Directions: Located nearest the intersection of Wyoming and Central
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123 General Arnold Street NE Albuquerque, NM 87123 listed as MLS #1099819.
This 4 bedroom 3,060 sqft Multi Family built in 1956
located in Dennison Add, Albuquerque NM 87123.
123 General Arnold Street NE is listed for $350,000 as MLS #1099819 courtesy of Keyway Properties, Inc Angelo Mora.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from
sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’
personal, non-commercial use and may not be used for any purpose other than identifying properties
which consumers may be interested in purchasing.
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Estimated Mortgage
$1,770/mo
Based on $70K down · 6.5% · 30yr