12209 Eric Court NE Albuquerque, NM $ 594,900
12209 Eric Court NE
$ 594,900
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12209 Eric Court NE

Albuquerque, NM, 87112
$ 594,900
Bedrooms6 Baths3.0 Sq 3,342

Monthly Estimate*

$ 3,756

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Multi-Family Home for sale in Albuquerque, NM

for $594,900 with 6 bedrooms and 3 full baths. This 3,342 square foot home was built in 1977 on a lot size of 0.28.

Fantastic opportunity on this hard to find updated 4-plex nestled on a cul-de-sac in the desirable NE Heights near Candelaria x Tramway! All four units are 2 bedroom/1 bathroom and Washer & Dryer ready. Over $115K invested in this gem!Outside:- New roof & HVAC (all units) in August 2024,- Fresh Zeroscaped landscaping for little to no maintenance.Inside:- Unit A is completely renovated a new kitchen, bathroom, flooring, texture/paint and lighting: A perfect set-up for an Owner-Occupied or a STR/MTR with rental comps in this exact area at $2000/month.- Unit D was just renovated with a new bathroom, new windows, and more. This unit should fetch a nice rent amount as a LTR or is perfect for an owner-occupant too that chooses to STR/MTR unit A for more income. It's not an exaggeration to live rent-free in unit D and have the other units contribute an estimated $4,200 monthly while your property appreciates!This property is priced to sell fast compared to other nearby 4-plex's given the many upgrades and improvements! This property offers a great ROI with market rents between $1250/unit for LTR ($5K/month) and $2000/unit for STR/MTR ($8K/month).More on seller financing:Owner believes that seller-financing is a great opportunity for both the seller and the buyer and has a strong preference towards any offers that are seller-financed and a stronger preference towards owner-occupied seller financing. Financing terms are negotiable, but starting terms are 7.25% on a 30-year amortization schedule, 5 yr Balloon, with minimum 12% down and 20% preferred!Call today for more details on this incredible deal.

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Multi-Family Active

Price

$ 594,900

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,055

Style

Lot Size

0.28

Year Built

1977

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1111272

Features
General
Heating Ductless
Cooling Ductless
Utilities Natural Gas Connected Sewer Connected Water Connected
Appliances Free-Standing Gas Range Refrigerator
Construction Materials Frame
Year Built 1977
Tenant Pays Electricity Gas
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 65400
County Bernalillo
Operating Expense 23941
New Construction false
Property Type Residential Income
Subdivision Name Brentwood Hills Add
Green Energy Generation None
Status Active
Directions Tramway - West on Candelaria South on Nakomis West on Eric Ct
City Albuquerque
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description MX-L*
Number Of Units Total 4
MLS Area 50 - Northeast Heights
Lot Size Square Feet 12023
Listing Terms Owner May Carry
Tax Annual Amount 4055.48
Property Condition Resale
Virtual Tour https://my.matterport.com/show/?m=2Gjyw2Mr5Lr https://my.matterport.com/show/?m=2Gjyw2Mr5Lr
Builder Name Unknown
Standard Status Active
Occupancy Type Owner
Total Actual Rent 1880
Property Sub Type Additional Quadruplex
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Interior
Flooring Carpet Laminate Tile
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Washer Hookup Dryer Hookup ElectricDryer Hookup In Unit
Total Bedrooms 6
Total Baths 3
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Exterior
Total Parking 8
Number of Buildings 1
Building Area Total 3342
Lot Size Acres 0.28
Lot Size Source Public Records
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* Excluded Features
List By
Matthew A Darrall

Listing Agent

Thrive Real Estate

Broker

RealtyNM@Gmail.com

Email

Affordability Calculator

$4,094
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,756
Monthly Property Taxes
$338
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
9/20/2026$594,900 Listed Price

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12209 Eric Court NE, Albuquerque, NM, 87112 is a Multi-Family Home for sale at $594,900 with 3,342 sqft and a lot size of 0.28. 12209 Eric Court NE has 6 bedrooms, 3.0 baths, and was built in 1977. The property's zip code is 87112 which is in Albuquerque, NM