Skip main navigation
For sale
  • $579,429

    12229 Menaul Blvd NE, Albuquerque, NM 87112

    7beds
    4baths
    3,107sqft
    : 
    Triplex, Multi Family
    Built in 1977
    -- sqft lot
    $-- Zestimate®
    $186/sqft
    $-- HOA

    What's special

    Spacious units
    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%.
    614 days
    on Zillow
    |
    578
    |
    28
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 25, 2025 at 03:59pm

    Listed by:

    Todd D Clarke 505-440-8633,

    NM Apartment Advisors, Inc. 505-440-8633

    Source: SWMLS,MLS#: 1053809MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 12229 Menaul Blvd NE.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Heating
    • Central, Forced Air
    Cooling
    • Evaporative Cooling
    Appliances
    • Included: Refrigerator
    Features
    • Flooring: Tile
    • Has basement: No
    Interior area
    • Total structure area: 3,107
    • Total interior livable area: 3,107 sqft

    Property

    Parking
    • Total spaces: 4
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 8,276.4 Square Feet
    Details
    • Has additional parcels: Yes
    • Parcel number: 102205943630110604
    • Zoning description: R-T*

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Frame, Stucco
    Condition
    • Resale
    • New construction: No
    • Year built: 1977

    Utilities & green energy

    • Electric: None
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
    Green energy
    • Energy generation: None

    Community & HOA

    Community
    • Subdivision: Brentwoods Hills
    Location
    • Region: Albuquerque

    Financial & listing details

    • Price per square foot: $186/sqft
    • Tax assessed value: $222,194
    • Annual tax amount: $2,969
    • Date on market: 12/4/2023
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Tenant pays: Other, See Remarks
    • Loading
    • Loading