1237 Menaul Boulevard NW Albuquerque, NM $ 562,500
1237 Menaul Boulevard NW
$ 562,500
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1237 Menaul Boulevard NW

Albuquerque, NM, 87107
$ 562,500
Bedrooms8 Baths4.0 Sq 3,400

Monthly Estimate*

$ 3,463

1237 Menaul Boulevard NW, Albuquerque, NM 87107 - Image 1
1237 Menaul Boulevard NW, Albuquerque, NM 87107 - Image 2
1237 Menaul Boulevard NW, Albuquerque, NM 87107 - Image 3
1237 Menaul Boulevard NW, Albuquerque, NM 87107 - Image 4
1237 Menaul Boulevard NW, Albuquerque, NM 87107 - Image 5
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1237 Menaul Boulevard NW, Albuquerque, NM 87107 - Image 7

Multi-Family Home for sale in Albuquerque, NM

for $562,500 with 8 bedrooms and 4 full baths. This 3,400 square foot home was built in 1980 on a lot size of 0.12.

**Property is being sold as a package with 1225 Menual Blvd. NW** 1225 & 1237 Menaul Blvd. NW present a strong value-add multifamily investment opportunity with a projected 6.44% pro forma cap rate and 100% occupancy as of May 2026. The properties feature an efficient unit mix comprised entirely of spacious 2-bedroom, 1-bath units, appealing to a broad tenant base. Several units have recently undergone interior renovations, creating additional upside through future rent growth and continued operational improvements. Unit amenities include refrigerated air, in-unit washer/dryer hookups, and private balconies or patios. Conveniently located near I-40, the properties offer quick access to Downtown Albuquerque, employment centers, and the Indian Pueblo Cultural Center.

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Multi-Family Active

Price

$ 562,500

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,019

Style

Lot Size

0.12

Year Built

1980

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1103919

Features
General
Heating Central Forced Air
Cooling Refrigerated
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Dishwasher Free-Standing Gas Range Microwave Refrigerator
Year Built 1980
Tenant Pays Electricity Gas
Stories Count 2
Levels Two
Property Subtype Quadruplex
Community Features Deck/Porch
County Bernalillo
New Construction false
Property Type Residential Income
Subdivision Name Coleman Add
Green Energy Generation None
Status Active
Directions From I-40 take the 12th St. exit and head North. Turn Left (West) onto Menaul Blvd. NW; property is on the Right.
City Albuquerque
Disclosures RANM 2100 Disclosure
Zoning Description R-ML*
Number Of Units Total 4
MLS Area 101 - Near North Valley
Lot Size Square Feet 5227
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 8019.74
Property Condition Resale
Builder Name N/A
Standard Status Active
Year Built Source Public Records
Total Actual Rent 4095
Property Sub Type Additional Quadruplex
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Interior
Flooring Vinyl
Fireplace Features Option
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Washer Hookup Dryer Hookup In Unit
Total Bedrooms 8
Total Baths 4
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Exterior
Number of Buildings 1
Building Area Total 3400
Lot Size Acres 0.12
Lot Size Source Public Records
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* Excluded Features
List By
Luke Scarpa

Listing Agent

Nai Sunvista Commercial Re

Broker

luke@sunvista.com

Email

Affordability Calculator

$4,132
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,463
Monthly Property Taxes
$668
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
5/20/2026$562,500 Listed Price

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1237 Menaul Boulevard NW, Albuquerque, NM, 87107 is a Multi-Family Home for sale at $562,500 with 3,400 sqft and a lot size of 0.12. 1237 Menaul Boulevard NW has 8 bedrooms, 4.0 baths, and was built in 1980. The property's zip code is 87107 which is in Albuquerque, NM