Located just a few blocks west of the Sandia mountain foothills at 12204 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 $544,764 and current average rent of $1,275 are a GRM of 11.87, a 5.44% cap rate, $181,588 per unit, $170/sf and an after tax IRR of 9.80%, with the potential to lower an investors effective federal tax rate from 35% to 5%
Sold
Price Unknown
12204 Menaul Blvd NE, Albuquerque, NM 87112
7beds
4baths
3,203sqft
Triplex, Multi Family
Built in 1977
-- sqft lot
$-- Zestimate®
$--/sqft
$3,263 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,263/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Todd D Clarke 505-440-8633,
NM Apartment Advisors, Inc.
Bought with:
Sutter Sugar, 20090
Q Realty
Source: SWMLS,MLS#: 1039239
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Central, Forced Air, Wood Stove
Cooling
- Evaporative Cooling
Appliances
- Included: Refrigerator
Features
- Flooring: Tile
- Has basement: No
Interior area
- Total structure area: 3,203
- Total interior livable area: 3,203 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Landscaping
Lot
- Size: 10,018 Square Feet
Details
- Has additional parcels: Yes
- Parcel number: 102205939028210227
- Zoning description: R-ML*
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: Brentwood Hills Subdivision
Location
- Region: Albuquerque
Financial & listing details
- Tax assessed value: $525,100
- Annual tax amount: $2,975
- Date on market: 8/3/2023
- Cumulative days on market: 58 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Tenant pays: Other, See Remarks
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2023 | Sold | -- |
Source:  SWMLS #1039239 Report a problem | ||
| 10/3/2023 | Pending sale | $544,764$170/sqft |
Source: SWMLS #1039239 Report a problem | ||
| 8/18/2023 | Listed for sale | $544,764$170/sqft |
Source: SWMLS #1039239 Report a problem | ||
| 8/15/2023 | Pending sale | $544,764$170/sqft |
Source: SWMLS #1039239 Report a problem | ||
| 8/4/2023 | Listed for sale | $544,764$170/sqft |
Source: SWMLS #1039239 Report a problem | ||
| 11/24/2003 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,888 -6.7% | $175,016 |
| 2024 | $7,384 +139.6% | $175,016 +136.1% |
| 2023 | $3,082 +3.6% | $74,122 +3% |
| 2022 | $2,976 +3.6% | $71,964 +3% |
| 2021 | $2,873 +1.8% | $69,868 +3% |
| 2020 | $2,824 | $67,834 +3% |
| 2019 | -- | $65,858 |
| 2018 | $2,713 -0.3% | $65,858 |
| 2017 | $2,720 -2.5% | $65,858 -2.5% |
| 2016 | $2,790 -95.7% | $67,578 +3% |
| 2015 | $65,609 +2404.2% | $65,609 +3% |
| 2014 | $2,620 | $63,699 +3% |
| 2013 | $2,620 | $61,843 -9.9% |
| 2012 | -- | $68,658 |
| 2011 | -- | $68,658 |
| 2010 | -- | $68,658 -17.6% |
| 2009 | -- | $83,275 |
| 2008 | -- | $83,275 |
| 2007 | -- | $83,275 +36.5% |
| 2006 | -- | $61,004 +3% |
| 2005 | -- | $59,228 +3% |
| 2004 | -- | $57,502 +3% |
| 2003 | -- | $55,827 +0.3% |
| 2002 | -- | $55,683 +3% |
| 2001 | -- | $54,061 -1.1% |
| 2000 | -- | $54,661 |
Find assessor info on the county website
Neighborhood: Onate
Nearby homes
- $--3 bd2 ba2.3k sqft12204 Menaul Blvd NE #A, Albuquerque, NM 87112Off Market
- $--3 bd2 ba-- sqft12204 Menaul Blvd NE #B, Albuquerque, NM 87112Off Market
- $407,0672 bd2 ba1.3k sqft12208 Menaul Blvd NE, Albuquerque, NM 87112Off Market
- $--2 bd1 ba910 sqft12208 Menaul Blvd NE APT C, Albuquerque, NM 87112Off Market
- $--2 bd1 ba910 sqft12208 Menaul Blvd NE APT B, Albuquerque, NM 87112Off Market
- $284,8002 bd2 ba1.3k sqft12208 Menaul Blvd NE APT A, Albuquerque, NM 87112Off Market
- $297,7463 bd4 ba3.1k sqft12200 Menaul Blvd NE, Albuquerque, NM 87112Off Market
- $361,7003 bd2 ba1.5k sqft12409 Towner Ave NE, Albuquerque, NM 87112Off Market
Nearby schools
GreatSchools rating
- 10/10Onate Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Eldorado High SchoolGrades: PK-12Distance: 1.5 mi
- 5/10Jackson Middle SchoolGrades: 6-8Distance: 1.5 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87112
- Onate
- 12204 Menaul Blvd NE
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