217 General Stilwell Street Ne, Corrales, NM 87048
Local realty services provided by:ERA Summit
217 General Stilwell Street Ne,Corrales, NM 87048
$425,155
- 7 Beds
- 4 Baths
- 3,200 sq. ft.
- Multi-family
- Active
Listed by: anita maestas, todd d clarke
Office: maestas real estate services
MLS#:1109537
Source:NM_SWMLS
Price summary
- Price:$425,155
- Price per sq. ft.:$132.86
About this home
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....
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Home facts
- Year built:1975
- Subdivision & Development:Waggoman Denison Addition
- Listing ID #:1109537
- Added:1 day(s) ago
- Updated:August 20, 2026 at 10:36 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Flooring:Carpet, Laminate
- Kitchen Description:Free Standing Gas Range, Refrigerator
- Living area:3,200 sq. ft.
Heating and cooling
- Cooling:Evaporative Cooling
- Heating:Central
Structure and exterior
- Year built:1975
- Building area:3,200 sq. ft.
- Lot area:0.17 Acres
- Construction Materials:Stucco
- Exterior Features:Patio
- Levels:1 Story
Utilities
- Water:Water Connected
- Sewer:Sewer Connected
Finances and disclosures
- Price:$425,155
- Price per sq. ft.:$132.86
- Tax amount:$2,932
Features and amenities
- Appliances:Free Standing Gas Range, Refrigerator
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