Sold

Price Unknown

12204 Candelaria Rd NE, Albuquerque, NM 87112

8beds

4baths

3,200sqft

Quadruplex, Multi Family

Built in 1977

-- sqft lot

$-- Zestimate^®

$--/sqft

$1,936 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,936/mo

Zestimate^® history

Owner options

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$1,936/mo

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$1,936/mo

Rent Zestimate^®

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What's special

Updated kitchensVinyl windowsOwn washer and dryersNewer roof

Fantastic opportunity for owner occupant rental property or investor! Lots of upgrades throughout so this baby is turn key! Lots of money invested in the last few years! Newer roof, stucco, stairs, electrical panel upgrades, vinyl windows, appliances, HVAC/AC air!, flooring, updated kitchens and (3) baths, paint, lighting, own washer and dryers, storage!!!Great NE location with park right nearby. This is ready to provide years of worry free income! Check out the comps and at pro forma of $1,300 a month this has a sweet GRM of 8.7 and a CAP rate of 8.35%! Fantastic price for a turnkey property that would be a great addition to your portfolio or owner occupant and have tenants pay the mortgage! DO NOT DISTURB TENANTS. Showing upon successful agreement. See attached for Pro-Forma Analysis.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Central, Forced Air

Cooling

Refrigerated

Appliances

Included: Free-Standing Gas Range, Refrigerator
Laundry: Washer Hookup, Dryer Hookup, In Unit

Features

Flooring: Concrete, Laminate, Tile
Has basement: No

Interior area

Total structure area: 3,200
Total interior livable area: 3,200 sqft

Property

Parking

Total spaces: 4

Features

Levels: Two
Stories: 2

Lot

Size: 6,969 Square Feet

Details

Parcel number: 102205938253812538
Zoning description: R-ML*

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Frame

Condition

Resale
New construction: No
Year built: 1977

Utilities & green energy

Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Green energy

Energy generation: None

Community & HOA

Community

Features: Storage Facilities

Location

Region: Albuquerque

Financial & listing details

Tax assessed value: $249,657
Annual tax amount: $3,351
Date on market: 2/5/2025
Cumulative days on market: 11 days
Listing terms: Cash,Conventional,FHA,VA Loan
Tenant pays: Electricity, Gas

Price history

Date	Event	Price
4/15/2025	Sold	--
Source: SWMLS #1077724 Report a problem
3/19/2025	Pending sale	$559,900$175/sqft
Source: SWMLS #1077724 Report a problem
3/14/2025	Listed for sale	$559,900$175/sqft
Source: SWMLS #1077724 Report a problem
2/27/2025	Pending sale	$559,900$175/sqft
Source: SWMLS #1077724 Report a problem
2/25/2025	Listed for sale	$559,900$175/sqft
Source: SWMLS #1077724 Report a problem
2/10/2025	Pending sale	$559,900$175/sqft
Source: SWMLS #1077724 Report a problem
2/5/2025	Listed for sale	$559,900+131.4%$175/sqft
Source: SWMLS #1077724 Report a problem
7/10/2015	Sold	--
Source: Agent Provided Report a problem
4/9/2015	Listed for sale	$242,000$76/sqft
Source: Network Realty LLC #835434 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,516 +3.2%	$83,210 +3%
2024	$3,409 +1.7%	$80,787 +3%
2023	$3,352 +3.5%	$78,435 +3%
2022	$3,239 +3.5%	$76,150 +3%
2021	$3,130 +1.7%	$73,932 +3%
2020	$3,079	$71,780 +3%
2019	--	$69,690
2018	$3,444 +19.5%	$69,690 +3%
2017	$2,882 -0.7%	$67,660 -0.8%
2016	$2,903 -96.4%	$68,227 -15.5%
2015	$80,754 +2255%	$80,754
2014	$3,429	$80,754 +3%
2013	$3,429	$78,403 -5.1%
2012	--	$82,592
2011	--	$82,592
2010	--	$82,592 +18.6%
2009	--	$69,660
2008	--	$69,660
2007	--	$69,660 +38.7%
2006	--	$50,223 +3%
2005	--	$48,761 +3%
2004	--	$47,341 +3%
2003	--	$45,963 +0.2%
2002	--	$45,865 +3%
2001	--	$44,529 -1.4%
2000	--	$45,162