217 General Stilwell Street NE Corrales, NM $ 425,155
217 General Stilwell Street NE
$ 425,155
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217 General Stilwell Street NE

Corrales, NM, 87048
$ 425,155
Bedrooms7 Baths4.0 Sq 3,200

Monthly Estimate*

$ 2,684

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Multi-Family Home for sale in Corrales, NM

for $425,155 with 7 bedrooms and 4 full baths. This 3,200 square foot home was built in 1975 on a lot size of 0.17.

The property is strategically positioned near two of New Mexico's largest employment anchors, Kirtland Air Force Base and Sandia National Laboratories, providing convenient access to thousands of jobs in defense, technology, engineering and research. The area also benefits from proximity to Central Avenue, Interstate 40, Uptown Albuquerque, shopping, restaurantsand public transportation. Albuquerque continues to experience significant public and private investment, with expansion from Netflix, Meta, Intel, Amazon and other major employers strengthening the metro's economy and supporting continued housing demand. Priced below the market average for comparable fourplex sales, 217 General Stilwell offers investors an attractive basis, strongemployment fundamentals and long-term potential for appreciation and rent growth. Don't miss this opportunity to acquire a well-positioned multifamily investment in one of Albuquerque's established rental corridors. With a start price of $425,155 and an average rent of $918 the metrics of investment performance are a GRM 9.65, 7.28% caprate, IRR after tax 14.5%. This is the type of property that feels more like housing than apartments -- a feature many residents value.

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Multi-Family Active

Price

$ 425,155

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,932

Style

Lot Size

0.17

Year Built

1975

Town/City

Corrales

County/Region

Sandoval

MLS | Web ID

1109537

Features
General
Heating Central
Cooling Evaporative Cooling
Utilities Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected
Appliances Free-Standing Gas Range Refrigerator
Patio/Porch Features Patio
Construction Materials Stucco
Year Built 1975
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Property Subtype Quadruplex
Gross Income 41818
Community Features Patio
County Bernalillo
Operating Expense 11779
New Construction false
Property Type Residential Income
Subdivision Name Waggoman Denison Addition
Green Energy Generation None
Status Active
Directions From Wyoming And Lomas South To Copper. East To General Stillwell. South To Property. Do Not Disturb Tenants. No Sign On Property.
City Corrales
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description R-MH*
Number Of Units Total 4
MLS Area 50 - Northeast Heights
Lot Size Square Feet 7492
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 2932.34
Property Condition Resale
Virtual Tour https://my.matterport.com/show/?m=rUhPWYtsyMt https://my.matterport.com/show/?m=rUhPWYtsyMt
Builder Name Unknown
Standard Status Active
Occupancy Type Owner
Year Built Source Public Records
Total Actual Rent 3650
Property Sub Type Additional Quadruplex
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Interior
Flooring Carpet Laminate
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 7
Total Baths 4
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Exterior
Exterior Amenities Patio
Number of Buildings 1
Building Area Total 3200
Lot Size Acres 0.17
Lot Size Source Public Records
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* Excluded Features
List By
Anita Maestas

Listing Agent

Maestas Real Estate Services

Broker

anita@maestasrealty.com

Email

Affordability Calculator

$2,929
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,684
Monthly Property Taxes
$244
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
8/20/2026$425,155 Listed Price

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217 General Stilwell Street NE, Corrales, NM, 87048 is a Multi-Family Home for sale at $425,155 with 3,200 sqft and a lot size of 0.17. 217 General Stilwell Street NE has 7 bedrooms, 4.0 baths, and was built in 1975. The property's zip code is 87048 which is in Corrales, NM