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12715 Dunes Road SE

Albuquerque, NM 87123

2 beds
1 bath
3,928 sqft
9,583 sqft lot
$109 per sqft
1980 build
– on site

Each unit contains a large two bedroom, one bathroom unit with fireplace and washer/dryer connections. Downstairs units have a private backyard area.The site offers an abundance of off-street and on-street parking and is very visible due to its elevation over the other buildings in the area.A recently vacated unit is available for an owner-occupant and features brand new refrigerator, stove and dishwasher.At the current average rents of $863, and an ask price of $428,763 the measures of investment performance include a price per unit of $107,191, price per square foot of $109.16, a GRM of 10.36, an after reserves cap rate of 5.89%.If rents are raised to the market average of $1,200, the measures of investment performance improve to a before reserves cap rare of 8.74%.

Listing courtesy of SWMLS / NM Apartment Advisors, Inc.

Last checked: Checking… • Last updated Feb 19, 2025 •

MLS# 1071142 —

The Building

Year Built:

1980
Builder Name:

Unknown
New Construction:

false
Construction Materials:

BrickVeneer,Frame,Stucco
Stories:

2
Levels:

Two
Basement:

false
Exterior Features:

Landscaping
Building Area Total:

3928.0

Interior

Flooring:

Carpet,Vinyl

Room Dimensions

Living Area:

3928.0

Location

Directions:

From Central and Dorado, south to Dorado Place, west to Dunes Road, west to property.
Latitude:

35.064616
Longitude:

-106.505248

The Property

Parcel Number:

102205624930310556
Property Type:

ResidentialIncome
Property Subtype:

Quadruplex
Property Subtype Additional:

Quadruplex
Property Condition:

Resale
Zoning Description:

R-ML*
Lot Size Acres:

0.22
Lot Dimensions Source:

PublicRecords
Lot Size SqFt:

9583.2
Lot Size Source:

PublicRecords
Additional Parcels:

true

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

2374.28
Tax Legal Description:

21 Dorado Skies Subdivision Being A Replat Of Tract G

Beds

Bedrooms Total:

2

Baths

Total Baths:

1

Heating & Cooling

Heating:

Central,ForcedAir
Heating:

true
Cooling:

EvaporativeCooling
Cooling:

true

Utilities

Utilities:

ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Green Energy Generation:

None

Appliances

Appliances:

Refrigerator

The Community

Subdivision Name:

Dorado Skies Subdivision
Community Features:

DeckPorch,StorageFacilities

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
2/19/25 Feb 19, 2025	Relisted	SWMLS	$428,763
2/7/25 Feb 7, 2025	Pending	SWMLS	$428,763

Multifamily For Sale

$428,763

Listing provided by broker:

Todd Clarke

NM Apartment Advisors, Inc.

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This multifamily located in Northeast Albuquerque, Albuquerque, NM 87123 is currently for sale for $428,763. 12715 Dunes Road SE is a 3,928 square foot multifamily with 2 beds and 1 bath that has been on Estately for 15 days. 12715 Dunes Road SE is in the Northeast Albuquerque neighborhood of Albuquerque and has a WalkScore® of 54, making it somewhat walkable. This multifamily is in the attendance area of Van Buren Middle School, Janet Kahn School Of Integrated Arts Magnet Elementary School, and Highland 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.