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12229 Menaul Boulevard NE

Albuquerque, NM 87112

3 beds
2 baths
3,107 sqft
8,276 sqft lot
$186 per sqft
1977 build
– on site

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%.

Listing courtesy of SWMLS / NM Apartment Advisors, Inc.

Last checked: Checking… • Last updated Feb 5, 2025 •

MLS# 1053809 —

The Building

Year Built:

1977
Builder Name:

Unknown
New Construction:

false
Construction Materials:

Frame,Stucco
Stories Total:

1
Levels:

One
Basement:

false
Accessibility Features:

None
Building Area Total:

3107.0

Interior

Flooring:

Tile

Room Dimensions

Living Area:

3107.0

Location

Directions:

From I-40 Tramway, north on Tramway to Menaul, west to property
Latitude:

35.10908
Longitude:

-106.501356

The Property

Parcel Number:

102205943630110604
Property Type:

ResidentialIncome
Property Subtype:

Triplex
Property Subtype Additional:

Triplex
Property Condition:

Resale
Zoning Description:

R-T*
Lot Size Acres:

0.19
Lot Dimensions Source:

PublicRecords
Lot Size SqFt:

8276.4
Lot Size Source:

PublicRecords
Additional Parcels:

true

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

2969.12
Tax Legal Description:

Lot 18A Replat of Lots 15 thru25, Block 7, Brentwood HillsSubdivision

Beds

Bedrooms Total:

3

Baths

Total Baths:

2

Heating & Cooling

Heating:

Central,ForcedAir
Heating:

true
Cooling:

EvaporativeCooling
Cooling:

true

Utilities

Utilities:

CableConnected,ElectricityConnected,NaturalGasConnected,PhoneConnected,SewerConnected,WaterConnected
Electric:

None
Green Energy Generation:

None

Appliances

Appliances:

Refrigerator

The Community

Subdivision Name:

Brentwoods Hills

Parking

Parking Total:

4.0

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/27/24 Nov 27, 2024	Listed / Active	SWMLS	$579,429

Multifamily For Sale

$579,429

Listing provided by broker:

Todd Clarke

NM Apartment Advisors, Inc.

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This multifamily located in Northeast Albuquerque, Albuquerque, NM 87112 is currently for sale for $579,429. 12229 Menaul Boulevard NE is a 3,107 square foot multifamily with 3 beds and 2 baths that has been on Estately for 87 days. 12229 Menaul Boulevard NE is in the Northeast Albuquerque neighborhood of Albuquerque and has a WalkScore® of 34, making it car-dependent. This multifamily is in the attendance area of Matheson Park Elementary School, Hoover Middle School, and Eldorado High School.

Listing Courtesy of: SWMLS and NM Apartment Advisors, Inc..

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.