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123 General Arnold Street NE Albuquerque, NM $ 360,000
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$ 360,000 Get more info
123 General Arnold Street NE
$ 360,000
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123 General Arnold Street NE

Albuquerque, NM, 87123
$ 360,000
Bedrooms4 Baths4.0 Sq 3,060

Monthly Estimate*

$ 2,217

123 General Arnold Street NE, Albuquerque, NM 87123 - Image 1

Multi-Family Home for sale in Albuquerque, NM

for $360,000 with 4 bedrooms and 4 full baths. This 3,060 square foot home was built in 1956 on a lot size of 0.17.

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.

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Multi-Family Active

Price

$ 360,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,164

Style

Lot Size

0.17

Year Built

1956

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1099819
Features
General
Heating Forced Air
Cooling Evaporative Cooling
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Free-Standing Electric Range Refrigerator
Year Built 1956
Tenant Pays Other See Remarks
Stories Count 1
Levels One
Property Subtype Multi Family
County Bernalillo
New Construction false
Property Type Residential Income
Subdivision Name Dennison Add
Green Energy Generation None
Status Active
Directions Located nearest the intersection of Wyoming and Central
City Albuquerque
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description MX-T*
Number Of Units Total 4
MLS Area 50 - Northeast Heights
Lot Size Square Feet 7492
Listing Terms Cash Conventional FHA
Tax Annual Amount 2164.98
Property Condition Resale
Builder Name Unknown
Standard Status Active
Total Actual Rent 3950
Property Sub Type Additional Multi Family
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Interior
Flooring See Remarks
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 4
Total Baths 4
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Exterior
Number of Buildings 1
Building Area Total 3060
Lot Size Acres 0.17
Lot Size Source Public Records
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* Excluded Features
List By
Angelo Mora

Listing Agent

Keyway Properties, Inc

Broker

angelo@keywayproperties.net

Email

Affordability Calculator

$2,397
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,217
Monthly Property Taxes
$180
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/13/2026$360,000 Listed Price

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123 General Arnold Street NE, Albuquerque, NM, 87123 is a Multi-Family Home for sale at $360,000 with 3,060 sqft and a lot size of 0.17. 123 General Arnold Street NE has 4 bedrooms, 4.0 baths, and was built in 1956. The property's zip code is 87123 which is in Albuquerque, NM

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