For sale

$1,375,000

24 Matisse Rd, Albuquerque, NM 87123

7beds

6baths

8,134sqft

Est.:

Multi Family

Built in 1946

-- sqft lot

$-- Zestimate^®

$169/sqft

$-- HOA

What's special

Rock fireplacesBuilt-in bbq pitsKoi pondGranite bouldersShade treesBeautiful courtyardsPrivate driveway

Property is occupied with 5 tenants, APPOINTMENT REQUIRED to view this historic property. 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.

145 days

586

15

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 6

Heating

Baseboard, Electric, Hot Water, Propane

Cooling

Evaporative Cooling, Varies by Unit

Appliances

Included: Dryer, Free-Standing Gas Range, Washer

Features

Flooring: Brick, Carpet, Tile, Wood
Basement: Interior Entry,Unfinished
Has fireplace: Yes

Interior area

Total structure area: 8,134
Total interior livable area: 8,134 sqft

Property

Features

Levels: Two
Stories: 2
Patio & porch: Patio
Exterior features: Landscaping, Propane Tank - Owned, Patio

Lot

Size: 10.71 Acres

Details

Parcel number: 102505709901830105
Zoning description: A-2

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame, Concrete, Stone, Stucco

Condition

Resale
New construction: No
Year built: 1946

Utilities & green energy

Utilities for property: Electricity Connected, Propane, Sewer Connected, Water Connected

Green energy

Energy generation: None

Community & HOA

Community

Features: Deck/Porch, Laundry Facilities, Patio

Location

Region: Albuquerque

Financial & listing details

Price per square foot: $169/sqft
Tax assessed value: $513,091
Annual tax amount: $5,181
Date on market: 11/14/2025
Cumulative days on market: 83 days
Listing terms: Cash,Conventional
Total actual rent: 9300
Tenant pays: Other, See Remarks

Estimated market value

Not available

Estimated sales range

Not available

$1,262/mo

Price history

Date	Event	Price
11/14/2025	Listed for sale	$1,375,000-1.4%$169/sqft
Source: SWMLS #1094511 Report a problem
6/8/2025	Listing removed	$1,395,000$172/sqft
Source: SWMLS #1077145 Report a problem
2/3/2025	Pending sale	$1,395,000$172/sqft
Source: SWMLS #1077145 Report a problem
1/27/2025	Listed for sale	$1,395,000-15.5%$172/sqft
Source: SWMLS #1077145 Report a problem
11/12/2024	Listing removed	$1,650,000$203/sqft
Source: SWMLS #1072404 Report a problem
10/13/2024	Listed for sale	$1,650,000$203/sqft
Source: SWMLS #1072404 Report a problem
3/16/2018	Sold	--
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,182 +3.4%	$171,013 +3%
2024	$5,014 +1.6%	$166,032 +3%
2023	$4,936 +3.5%	$161,196 +3%
2022	$4,770 +3.5%	$156,502 +3%
2021	$4,609 +1.6%	$151,945 +3%
2020	$4,537	$147,519 -0.2%
2019	--	$147,886
2018	$4,001 -9.1%	$147,886 +2.6%
2017	$4,401 +6.6%	$144,175 +6.1%
2016	$4,129 -96.9%	$135,899 +3%
2015	$131,941 +3317.3%	$131,941 +3%
2014	$3,861	$128,098 +3%
2013	$3,861	$124,368 -7.3%
2012	--	$134,187
2011	--	$134,187
2010	--	$134,187 +21.4%
2009	--	$110,499 +3%
2008	--	$107,281 +3%
2007	--	$104,157 +3%
2006	--	$101,123 +32.4%
2005	--	$76,392
2004	--	$76,392
2003	--	$76,392
2002	--	$76,392
2001	--	$76,392 -0.5%
2000	--	$76,759