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Four-Unit Property with Courtyards

205 General Stilwell St, Albuquerque, NM 87123

For Sale
$415,000

Four residential units offer a mix of enclosed outdoor areas, off-street parking, updated windows, and newer stucco.

Property Size3,120 SF
Price / SF$133.01
Days on Market190

Property Features for 205 General Stilwell St

General Information

Standard status Active
Size 3,120 SF
Property subtype Residential Income

Site & Location

Neighborhood Sla

Units

Unit Mix 3 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 4

Additional Details

Gross Income $48,300

Amenities

off-street parking
private enclosed courtyards

Building Details

Year Built 1977
Listing Agency: Trinity Apartment Company LLC
Listed By: Trey W. Whaley · License NM #20250899
Source: Myabqhomesearch
Added: May 9 Changed: Nov 1 Last Checked: Nov 10 at 12:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trinity Apartment Company LLC

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Investment Insights

Based on property information with market context.

This four-unit residential property at 205 General Stilwell St NE includes three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The 3,120-square-foot building features private enclosed courtyards, off-street parking, newer windows, and newer stucco.

Located in Albuquerque, NM, the property provides a defined unit mix within a single multifamily asset. Its combination of four residences, outdoor spaces, parking, and recent exterior improvements supports continued residential rental use.

Key Highlights

  • Four‑unit residential property totaling 3,120 square feet
  • Unit mix includes three 2 bed/1 bath units and one 1 bed/1 bath unit
  • Private enclosed courtyards for the units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,482
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$569,640 $569.6K
Cap Rate 7%
$406,886 $406.9K
Cap Rate 9%
$316,467 $316.5K
Market Conditions
NOI Build-Up for 3,120 SF
Gross rent
$43.1K $13.80/SF
− Vacancy
−$2.4K −$0.76/SF
EGI
$40.7K $13.04/SF
− OpEx
−$12.2K −$3.91/SF
NOI
$28.5K $9.13/SF
Area
Albuquerque, NM
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$569,640
Cap Rate 7%
$406,886
Cap Rate 9%
$316,467

Alternative Uses

Best Use
Multifamily LT 5
$406.9K
$356.0K – $474.7K (±1% cap)
NOI $28,482 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$376.5K
$329.4K – $439.2K (±1% cap)
NOI $26,354 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$754.8K
$660.4K – $880.6K (±1% cap)
NOI $52,835 @ 7.0% cap · market cap 12.73%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

782
Businesses Nearby

Demographics for 87123, NM

44,110
Population
20,533
Households
2.1
Avg Household Size
40
Median Age
33%
College-Educated
89%
High-School Grad
28.9 sq mi
ZIP Area
1,526
Density / Sq Mi
$61,552
Median Household Income
$35,867
Median Earnings
$995
Median Rent
$236,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Quadplexes in Albuquerque, NM

$166 Jul
$175 Aug
$175 Sep
$168 Oct

Properties on Market for Quadplexes in Albuquerque

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units offer a mix of enclosed outdoor areas, off-street parking, updated windows, and newer stucco.
Where is this quadplex located?
The property is located at 205 General Stilwell St Albuquerque, NM.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Four‑unit residential property totaling 3,120 square feet; Unit mix includes three 2 bed/1 bath units and one 1 bed/1 bath unit; Private enclosed courtyards for the units
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