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$340,000
229 Days On Site

123 General Arnold Street NE
Albuquerque, NM 87123

For Sale|Multi Family|Active
4
Beds
4
Total Baths
3,060
SqFt
$111
/SqFt
1956
Built
Subdivision:
Dennison Add
County:
Bernalillo
Call Now: 505 401-7500
Is this the listing for you? We can help make it yours.
505 401-7500
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Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$340,000
Days On Site 
229 Days
Bedrooms 
4
Inside Area (SqFt) 
3,060 sqft
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.17 Acres
Year Built 
1956
MLS Number 
1099819
Status 
Active
Property Tax 
$2,164.98
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS
a week agoPrice changed to $340,000
8 months agoListing first seen on site
General Features
Acres 
0.17
Disclosures 
Lead Based Paint Disclosure, Ranm2100 Disclosure
Levels 
One
Property Sub Type 
Multi Family
SqFt Total 
3060
Utilities 
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Zoning 
MX-T*
Interior Features
Appliances 
Free-Standing Electric RangeRefrigerator
Cooling 
Evaporative Cooling
Flooring 
See Remarks
Heating 
Forced Air
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Community Features
MLS Area 
50 - Northeast Heights
Financing Terms Available 
CashConventionalFHA
Listing courtesy of Keyway Properties, Inc



Listing information is provided by Participants of the Southwest MLS, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Southwest MLS, Inc..
Data last updated at: 2026-10-28 06:41 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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$340,000
229 Days On Site

123 General Arnold Street NE
Albuquerque, NM 87123

For Sale|Multi Family|Active
4
Beds
4
Total Baths
3,060
SqFt
$111
/SqFt
1956
Built
Subdivision:
Dennison Add
County:
Bernalillo
Call Now: 505 401-7500
Is this the listing for you? We can help make it yours.
505 401-7500
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

Enter an interest rate to see your estimated monthly payment.
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$340,000
Days On Site 
229 Days
Bedrooms 
4
Inside Area (SqFt) 
3,060 sqft
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.17 Acres
Year Built 
1956
MLS Number 
1099819
Status 
Active
Property Tax 
$2,164.98
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS
a week agoPrice changed to $340,000
8 months agoListing first seen on site
General Features
Acres 
0.17
Disclosures 
Lead Based Paint Disclosure, Ranm2100 Disclosure
Levels 
One
Property Sub Type 
Multi Family
SqFt Total 
3060
Utilities 
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Zoning 
MX-T*
Interior Features
Appliances 
Free-Standing Electric RangeRefrigerator
Cooling 
Evaporative Cooling
Flooring 
See Remarks
Heating 
Forced Air
Save
Ask
Tour
Hide
Share
Community Features
MLS Area 
50 - Northeast Heights
Financing Terms Available 
CashConventionalFHA
Listing courtesy of Keyway Properties, Inc



Listing information is provided by Participants of the Southwest MLS, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Southwest MLS, Inc..
Data last updated at: 2026-10-28 06:41 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
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Tour
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