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.
For sale
$425,155
217 General Stilwell St NE, Albuquerque, NM 87123
7beds
4baths
3,200sqft
Quadruplex, Multi Family
Built in 1975
-- sqft lot
$-- Zestimate®
$133/sqft
$-- HOA
What's special
- 18 days
- 70
- 8
Zillow last checked:
Listing updated:
Listed by:
Anita Maestas 505-463-3565,
Maestas Real Estate Services 505-463-3565,
Todd D Clarke 505-440-8633,
NM Apartment Advisors, Inc.
Source: SWMLS,MLS#: 1109537
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Central
Cooling
- Evaporative Cooling
Appliances
- Included: Free-Standing Gas Range, Refrigerator
Features
- Flooring: Carpet, Laminate
Interior area
- Total structure area: 3,200
- Total interior livable area: 3,200 sqft
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Patio
Lot
- Size: 7,405 Square Feet
Details
- Parcel number: 102005711109231029
- Zoning description: R-MH*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Stucco
Condition
- Resale
- New construction: No
- Year built: 1975
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Features: Patio
- Subdivision: Waggoman Denison Addition
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $133/sqft
- Tax assessed value: $208,216
- Annual tax amount: $2,932
- Date on market: 8/20/2026
- Cumulative days on market: 19 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 3650
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Listed for sale | $425,155+157.7%$133/sqft |
Source: | ||
| 3/7/2017 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 7/1/2016 | Listing removed | $165,000$52/sqft |
Source: Re/Max Masters #855961 Report a problem | ||
| 7/8/2014 | Price change | $165,000-5.7%$52/sqft |
Source: Town and Country Diversified Realty, LLC #769900 Report a problem | ||
| 4/19/2014 | Listed for sale | $175,000-0.5%$55/sqft |
Source: Town and Country Diversified Realty, LLC #769900 Report a problem | ||
| 4/3/2012 | Listed for rent | $575 |
Source: GoSection8.com Report a problem | ||
| 3/16/2012 | Listing removed | $175,900$55/sqft |
Source: Home Authority #694378 Report a problem | ||
| 1/2/2012 | Price change | $175,900-2.2%$55/sqft |
Source: Home Authority #694378 Report a problem | ||
| 11/23/2011 | Price change | $179,900-2.7%$56/sqft |
Source: Home Authority #694378 Report a problem | ||
| 2/26/2011 | Listed for sale | $184,900$58/sqft |
Source: Home Authority #694378 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,932 +3.2% | $69,398 +3% |
| 2024 | $2,843 +1.7% | $67,378 +3% |
| 2023 | $2,795 +107% | $65,415 +3% |
| 2022 | $1,351 -48.3% | $63,510 +3% |
| 2021 | $2,611 -18.4% | $61,660 -17.3% |
| 2020 | $3,198 | $74,559 -1.1% |
| 2019 | -- | $75,392 |
| 2018 | $2,462 -23.3% | $75,392 |
| 2017 | $3,212 +27% | $75,392 +26.8% |
| 2016 | $2,530 -95.6% | $59,459 +3% |
| 2015 | $57,727 +2255% | $57,727 |
| 2014 | $2,451 | $57,727 -1% |
| 2013 | $2,451 | $58,294 -22.2% |
| 2012 | -- | $74,892 |
| 2011 | -- | $74,892 |
| 2010 | -- | $74,892 +39.1% |
| 2009 | -- | $53,828 |
| 2008 | -- | $53,828 +81.5% |
| 2007 | -- | $29,653 +3% |
| 2006 | -- | $28,790 +3% |
| 2005 | -- | $27,952 +3% |
| 2004 | -- | $27,138 +3% |
| 2003 | -- | $26,347 -19.2% |
| 2002 | -- | $32,597 -29.3% |
| 2001 | -- | $46,129 +46.1% |
| 2000 | -- | $31,564 |
Find assessor info on the county website
Monthly payment
Est. payment






