*Now Selling Separate from 1237*1225 & 1237 Menaul Blvd. NW present a strong value-add multifamily investment opportunity with a projected 6.83% pro forma cap rate and 100% occupancy as of June 2026. The properties feature an efficient unit mix comprised entirely of spacious 2-bedroom, 1-bath units, appealing to a broad tenant base. Several units have recently undergone interior renovations, creating additional upside through future rent growth and continued operational improvements. Unit amenities include refrigerated air, in-unit washer/dryer hookups, and private balconies or patios. Conveniently located near I-40, the properties offer quick access to Downtown Albuquerque, employment centers, and the Indian Pueblo Cultural Center.
Pending
Price cut: $12.5K (7/28)
$550,000
1225 Menaul Blvd NW, Albuquerque, NM 87107
8beds
4baths
--sqft
Quadruplex, Multi Family
Built in 1980
-- sqft lot
$542,000 Zestimate®
$--/sqft
$-- HOA
What's special
Private balconies or patiosRefrigerated air
- 110 days
- 113
- 7
Zillow last checked:
Listing updated:
Listed by:
Luke Scarpa 505-504-8883,
NAI SunVista Commercial RE 505-878-0001
Source: SWMLS,MLS#: 1103921
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central, Forced Air
Cooling
- Refrigerated
Appliances
- Included: Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator
- Laundry: Washer Hookup, Dryer Hookup, In Unit
Features
- Flooring: Vinyl
- Fireplace features: Option
Interior area
- Total structure area: 0
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.28 Acres
Details
- Parcel number: 101305946538711030
- Zoning description: R-ML*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Condition
- Resale
- New construction: No
- Year built: 1980
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Features: Deck/Porch
- Subdivision: Colema N Add
Location
- Region: Albuquerque
Financial & listing details
- Tax assessed value: $34,000
- Annual tax amount: $605
- Date on market: 5/20/2026
- Cumulative days on market: 110 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 3945
- Tenant pays: Electricity, Gas
Estimated market value
$542,000
$515,000 - $569,000
$1,486/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Pending sale | $550,000 |
Source: | ||
| 7/28/2026 | Price change | $550,000-2.2% |
Source: | ||
| 5/20/2026 | Listed for sale | $562,500-53% |
Source: | ||
| 11/7/2016 | Listing removed | $1,198,000 |
Source: Sperry Van Ness/WACB, Inc. #836998 Report a problem | ||
| 4/8/2016 | Listed for sale | $1,198,000 |
Source: Sperry Van Ness/WACB, Inc. #836998 Report a problem | ||
| 2/4/2016 | Listing removed | $1,198,000 |
Source: Sperry Van Ness/WACB, Inc. #836998 Report a problem | ||
| 4/9/2015 | Listed for sale | $1,198,000 |
Source: Colliers International #836998 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $606 -3% | $11,332 |
| 2024 | $625 -0.3% | $11,332 |
| 2023 | $627 +1.8% | $11,332 |
| 2022 | $615 0% | $11,332 |
| 2021 | $615 | $11,332 |
| 2020 | $615 | $11,332 |
| 2019 | -- | $11,332 |
| 2018 | $2,439 +296.2% | $11,332 |
| 2017 | $616 -75.6% | $11,332 -78.8% |
| 2016 | $2,518 -95.1% | $53,414 +3% |
| 2015 | $51,858 +2108.7% | $51,858 +3% |
| 2014 | $2,348 | $50,349 +3% |
| 2013 | $2,348 | $48,882 |
| 2012 | -- | $48,882 |
| 2011 | -- | $48,882 |
| 2010 | -- | $48,882 -45.4% |
| 2009 | -- | $89,524 -0.8% |
| 2008 | -- | $90,257 +115.9% |
| 2007 | -- | $41,814 +3% |
| 2006 | -- | $40,596 -2.9% |
| 2005 | -- | $41,814 +3% |
| 2004 | -- | $40,596 |
| 2003 | -- | $40,596 -4.2% |
| 2002 | -- | $42,362 -8.2% |
| 2001 | -- | $46,129 +6.3% |
| 2000 | -- | $43,396 |
Find assessor info on the county website
Monthly payment
Est. payment





