Albuquerque Condo Under $200K | 12013 Stilwell

Where Can I Find a 2-Bedroom Condo in Albuquerque Under $200,000?

November 11, 2026•3 min read

Christensen Properties by Realty One of New Mexico Proudly Presents:

Northeast Heights Albuquerque Condo Offers Buyers More Ways to Make Their Move

Updated two-bedroom condo at $179,900 combines a practical layout, private balcony, and convenient access to everyday Albuquerque amenities.

ALBUQUERQUE, N.M. — November 10, 2026 — Christensen Properties by Realty One of New Mexico presents an updated two-bedroom condo in Albuquerque’s Northeast Heights, offering approximately 956 square feet, refrigerated air, a private balcony, and shared garage access. Priced at $179,900, the property offers an opportunity to explore homeownership, investment, and alternative paths to a future purchase.

An Updated Albuquerque Condo With Room to Live

Located at 12013 Stilwell Dr. NE, Unit A, Albuquerque, NM 87112, the upstairs condominium features two bedrooms, one full bathroom, and a layout designed for practical everyday living.

The updated kitchen includes quartz countertops and stainless-steel appliances. A comfortable living area provides room to relax or entertain, while the second bedroom offers flexibility for a home office, guest room, or hobbies.

Additional features include refrigerated air, double-pane windows, a private balcony, and shared garage access.

Property highlights:

  • Asking price: $179,900

  • Two bedrooms and one full bathroom

  • Approximately 956 square feet

  • Updated kitchen with quartz countertops and stainless-steel appliances

  • Private balcony and shared garage access

  • Refrigerated air and double-pane windows

  • Northeast Heights location near shopping, dining, parks, services, and major roads

A Northeast Heights Location for Everyday Convenience

Situated in Albuquerque’s Indian Ridge area, the condo offers access to shopping, restaurants, parks, and services throughout the Northeast Heights. Its location near the Menaul and Juan Tabo corridors also provides connections to other parts of Albuquerque.

For buyers comparing Albuquerque condos with larger homes, the property’s manageable footprint and condominium setting offer another option to consider alongside the price, monthly association fee, and ownership responsibilities.

One Property, More Ways to Make a Move

The property is being offered for sale, with rental and lease-with-option-to-purchase opportunities also advertised. Availability and terms should be confirmed directly with Christensen Properties.

A lease option can provide an opportunity to rent while working toward a possible purchase. The purchase price, option consideration, credits, timing, and other conditions must be established in a written agreement. A future purchase and mortgage approval are not guaranteed.

Questions Albuquerque Condo Buyers Are Asking

Can I buy a two-bedroom condo in Albuquerque for under $200,000?

Yes. As currently advertised, 12013 Stilwell Dr. NE, Unit A, is offered at $179,900. Buyers should also consider closing costs, property taxes, insurance, financing costs, and the monthly homeowners association fee when evaluating affordability.

How much are the HOA fees, and what do they cover?

The current listing identifies an HOA fee of $280 per month. The listing describes coverage that includes common areas, exterior and grounds responsibilities, streets, and some utilities. Buyers should review the current association documents to confirm exactly what is covered, the owner’s responsibilities, and any special assessments.

Can I use a conventional, FHA, or VA loan to buy this condo?

The listing identifies cash, conventional, FHA, and VA as financing types considered. That does not guarantee the condo project or a particular buyer will qualify. A lender must review the buyer, loan program, and applicable condominium requirements.

Can this Albuquerque condo be purchased as a rental investment?

The property may be considered for investment, subject to the association’s current rental rules, applicable laws, and financing requirements. Prospective investors should confirm leasing restrictions and evaluate expected rent, HOA dues, taxes, insurance, vacancy, repairs, and other expenses before purchasing.

Does the condo have outdoor space and parking?

Yes. The property is advertised with a private balcony and shared garage access. Buyers should confirm the garage arrangement and any parking rules with the association.

Showing and Property Information

To schedule a showing, request current terms, or learn more about buying, renting, or pursuing a lease option, contact:

Joshua Christensen
Christensen Properties
[email protected]
Realty One of New Mexico | NMREC 20522 | 505-883-9400
View the property and request information

Joshua Christensen
Joshua Christensen is the founder of Christensen Properties, a New Mexico Qualifying Broker, real estate investor, author of GET UNBROKE, and creator of GET UNLISTED™. With more than 30 years of real estate experience, Joshua focuses on helping Albuquerque homeowners make smarter decisions when selling their homes. His writing covers pricing, preparation, marketing, negotiation, timing, market conditions, and seller strategy with clear, practical guidance designed to help homeowners move from listed to sold. Realty One of NM | 505-883-9400
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