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Property view

123 General Arnold Street Ne, 
Albuquerque, NM 87123

$360,000

4

Beds

4

Baths

3,060

Sq Ft

Multi-Family

Active

Listed by

Angelo Mora

Keyway Properties, Inc

505-903-2040

Last updated:

April 23, 2026, 02:23 PM

MLS#

1099819

Source:

NM SWMLS

About This Home

123 General Arnold Street Ne

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.

Home Facts

Multi-Family

4 Baths

4 Bedrooms

Built in 1956

Price Summary

360,000

$117 per Sq. Ft.

MLS #:

1099819

Last Updated:

April 23, 2026, 02:23 PM

Added:

1 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

4

Interior

Living Area:

3,060 Sq. Ft.

Structure

Structure

Building Area:

3,060 Sq. Ft.

Year Built:

1956

Lot

Lot Size (Sq. Ft):

7,405

Finances & Disclosures

Finances

Price:

$360,000

Price per Sq. Ft:

$117 per Sq. Ft.

Source:NM SWMLS
The information being provided by Greater Albuquerque Aor/Southwest Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Greater Albuquerque Aor/Southwest Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.