24 Matisse Road NE

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Address: 24 Matisse Rd, Albuquerque, NM 87123, USA
Phoenix & Southwest + Apartment Buildings
Created date: November 15, 2025
Date last updated: September 12, 2026
Price: $1,249,000Investment Analyzer NEW!

Property Description

Property is approved for Residential Financing if buyer qualifies! Step back in time to this historic Route 66 ranch-style 1940 home on 10.7 acres-first built on a 200-acre Tres Pistoles Canyon homestead amid granite boulders with historic visitors! A rare investment opportunity with 7 beds, 6 baths, 8,134 sq ft. Main house + 2 casitas, each with their own entry, private driveway, and beautiful courtyards! Breathtaking Sandia views & easy National Forest hiking access make you feel worlds away--yet minutes from I-40's Tramway/Central exit. Historical charm includes original kitchen cabinets, classic bathtubs/showers, flooring, rock fireplaces, wrought-iron porches, & built-in BBQ pits. Main floor has koi pond & privacy fence; lower back has shade trees.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,249,000
No. of Units: 6
Year Built: 1946
Lot Size: 8,134.00 Sq ft
Opportunity Zone: No
Price per unit: $208,167
Property Website Click Here
Number of Bedrooms: 7
Number of Bathrooms: 6
Address: 24 Matisse Road NE, Albuquerque, NM 87123, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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