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12229 Menaul Boulevard NE Albuquerque, NM $ 579,429
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$ 579,429 Get more info
12229 Menaul Boulevard NE
$ 579,429
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Share Save

12229 Menaul Boulevard NE

Albuquerque, NM, 87112
$ 579,429
Bedrooms3 Baths2.0 Sq 3,107

Monthly Estimate*

$ 3,615

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Multi-Family Home for sale in Albuquerque, NM

for $579,429 with 3 bedrooms and 2 full baths. This 3,107 square foot home was built in 1977 on a lot size of 0.19.

Located just a few blocks west of the Sandia mountain foothills at 12229 Menaul NE, the unit mix includes:- Unit A is a 1,274 square foot, 3 bedroom / 2 bathroom with a 2 car garage.- Unit B is a 1,100 square foot, 2 bedroom, 1bathroom home.- Unit C is a 829 square foot, 2 bedroom, 1 bathroom home.Each residence has its own private area and/or backyard.Besides the spacious units, the main amenity for this property is the quiet and serene NE Heights neighborhood close to foothills trails and shopping.Measures of investment performance at ask price of $579,429 and average rents, as of 2/1/2024, of $1,325 are a GRM of 12.15, a 5.25% cap rate, $193,143 per unit, $186/sf and an after tax IRR of 13.2%.

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Multi-Family Pending

Price

$ 579,429

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,969

Style

Lot Size

0.19

Year Built

1977

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1053809
Features
General
Heating Central Forced Air
Cooling Evaporative Cooling
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected
Appliances Refrigerator
Construction Materials Frame Stucco
Year Built 1977
Electric None
Tenant Pays Other See Remarks
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 45315
Accessibility None
County Bernalillo
Operating Expense 14916
New Construction false
Property Type Residential Income
Subdivision Name Brentwoods Hills
Green Energy Generation None
Status Pending
Directions From I-40 Tramway north on Tramway to Menaul west to property
City Albuquerque
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description R-T*
Number Of Units Total 3
MLS Area 50 - Northeast Heights
Lot Size Square Feet 8276.4
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 2969.12
Property Condition Resale
Additional Parcels Y/N true
Builder Name Unknown
Standard Status Pending
Occupancy Type Owner
Property Sub Type Additional Triplex
Legal Description Lot 18A Replat of Lots 15 thru25 Block 7 Brentwood HillsSubdivision
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Interior
Flooring Tile
Total Stories 1
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 3
Unit Type Manager's Unit
Total Baths 2
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Exterior
Total Parking 4
Number of Buildings 1
Building Area Total 3107
Lot Size Acres 0.19
Lot Size Source Public Records
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* Excluded Features
List By
Todd D Clarke

Listing Agent

Nm Apartment Advisors, Inc.

Broker

tclarke@nmapartment.com

Email

Affordability Calculator

$3,862
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,615
Monthly Property Taxes
$247
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/16/2025$579,429 Listed Price

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12229 Menaul Boulevard NE, Albuquerque, NM, 87112 is a Multi-Family Home for sale at $579,429 with 3,107 sqft and a lot size of 0.19. 12229 Menaul Boulevard NE has 3 bedrooms, 2.0 baths, and was built in 1977. The property's zip code is 87112 which is in Albuquerque, NM

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