Sold

Price Unknown

12229 Menaul Blvd NE, Albuquerque, NM 87112

7beds

4baths

3,107sqft

Triplex, Multi Family

Built in 1977

-- sqft lot

$-- Zestimate^®

$--/sqft

$3,302 Estimated rent

Home value

Not available

Estimated sales range

Not available

$3,302/mo

Zestimate^® history

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Rent Zestimate^®

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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%.

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 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

Tax assessed value: $228,859
Annual tax amount: $2,969
Date on market: 12/4/2023
Cumulative days on market: 708 days
Listing terms: Cash,Conventional,FHA,VA Loan
Tenant pays: Other, See Remarks

Price history

Date	Event	Price
1/9/2026	Sold	--
Source: SWMLS #1053809 Report a problem
11/11/2025	Pending sale	$579,429$186/sqft
Source: SWMLS #1053809 Report a problem
12/4/2023	Listed for sale	$579,429$186/sqft
Source: SWMLS #1053809 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,223 +3.2%	$76,279 +3%
2024	$3,125 +1.7%	$74,057 +3%
2023	$3,072 +3.5%	$71,900 +3%
2022	$2,969 +3.5%	$69,807 +3%
2021	$2,869 +1.7%	$67,774 +3%
2020	$2,822	$65,800 +3%
2019	--	$63,884
2018	$2,777 +2%	$63,884
2017	$2,721 -4.6%	$63,884 -4.7%
2016	$2,853 -95.6%	$67,068 +3%
2015	$65,115 +2325.6%	$65,115 +3%
2014	$2,684	$63,219 +3%
2013	$2,684	$61,378
2012	--	$61,378
2011	--	$61,378
2010	--	$61,378 -2.9%
2009	--	$63,198 +3%
2008	--	$61,357 +3%
2007	--	$59,570 +3%
2006	--	$57,835 +3%
2005	--	$56,151 +3%
2004	--	$54,515 +3%
2003	--	$52,928 +0.2%
2002	--	$52,800 +3%
2001	--	$51,262 +6.4%
2000	--	$48,162