Active

123 General Arnold Street NE, Albuquerque, NM 87123

$360,000

$118 per ft²

1 Bed

1 Bath

3,060 Sq Ft

0.17 Acres

Listing Office: Keyway Properties, Inc

Image 1 of property listing at 123 General Arnold Street NE, Albuquerque, NM 87123

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.

Listing Agent: Angelo Mora

License Number: REC20250956

Offered by: Keyway Properties, Inc

Office Phone: (505) 903-2040

MLS: #1099819

Southwest Multiple Listing Service

Date Added: 03/03/2026 12:00:00 am

Last Update: 03/16/2026 03:00:52 pm

Days on Market: 15

Interior

Appliances: Free-Standing Electric Range,Refrigerator
Flooring: See Remarks
A/C: true, Evaporative Cooling
Heating: true, Forced Air
Eco/Green Feature: None

Construction

General: 1

Location

Originating MLS: SWMLS_SWMLS
County: Bernalillo

Lot

Zoning: 102005708208030909

Utilities

Utilities: Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

Financial

Source: SWMLS_SWMLS

Property

Year Built: 1956
Type: Multi-Family
Neighborhood: South Los Altos
Parcel #: 102005708208030909

03/13/2026Active

03/13/2026$360,000@ 118 per ft²Listed

Listing Broker

Misty Stacy

1 @

Email: mistyhomesales@gmail.com

Phone: 5052694538

Last Updated: 03/16/2026 03:00:52 pm

Offered by: Angelo Mora, REC20250956, (505) 903-2040 @ Keyway Properties, Inc

MLS: #1099819

Source: Southwest Multiple Listing Service

<IMG SRC='https://d37ukvrrv3in12.cloudfront.net/mls/logos/IDX_557.png' ALT='IDX'>The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. <BR><BR>Copyright © 2026 Southwest Multiple Listing Service. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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123 General Arnold Street NE, Albuquerque, NM 87123 is a 1 Bed, 1 Bath, 3,060 Sq Ft, 0.17 Acres, Multi-Family built in 1956.

This property is currently available and was listed by Southwest Multiple Listing Service on 03/03/2026 12:00:00 am. The MLS # for the property is MLS #1099819.

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