*Now Selling Separate from 1225* 1225 & 1237 Menaul Blvd. NW present a strong value-add multifamily investment opportunity with a projected 6.44% pro forma cap rate and 100% occupancy as of May 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.
For sale
$562,500
1237 Menaul Blvd NW, Albuquerque, NM 87107
8beds
4baths
3,400sqft
Quadruplex, Multi Family
Built in 1980
-- sqft lot
$-- Zestimate®
$165/sqft
$-- HOA
What's special
Private balconies or patiosRefrigerated air
- 43 days |
- 152 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Luke Scarpa 505-504-8883,
NAI SunVista Commercial RE 505-878-0001
Source: SWMLS,MLS#: 1103919
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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: 3,400
- Total interior livable area: 3,400 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 101305946841011004
- 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 Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Features: Deck/Porch
- Subdivision: Coleman Add
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $165/sqft
- Tax assessed value: $497,932
- Annual tax amount: $8,019
- Date on market: 5/20/2026
- Cumulative days on market: 44 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 4095
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
$2,660/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Listed for sale | $562,500+2.3%$165/sqft |
Source:  SWMLS #1103919 Report a problem | ||
| 4/20/2022 | Sold | -- |
Source: SWMLS #1009212 Report a problem | ||
| 3/3/2022 | Pending sale | $550,000$162/sqft |
Source: SWMLS #1009212 Report a problem | ||
| 2/18/2022 | Listed for sale | $550,000$162/sqft |
Source: SWMLS #1009212 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,020 +3.1% | $165,961 +3% |
| 2024 | $7,776 +1.9% | $161,127 +3% |
| 2023 | $7,634 +87.9% | $156,434 +83.3% |
| 2022 | $4,062 +3.4% | $85,342 +3% |
| 2021 | $3,928 +1.8% | $82,857 +3% |
| 2020 | $3,858 | $80,443 +3% |
| 2019 | -- | $78,100 |
| 2018 | $2,439 -32.5% | $78,100 +3% |
| 2017 | $3,614 +43.5% | $75,826 +42% |
| 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 -43% |
| 2009 | -- | $85,691 -0.8% |
| 2008 | -- | $86,424 +124.6% |
| 2007 | -- | $38,484 +3% |
| 2006 | -- | $37,363 -2.9% |
| 2005 | -- | $38,484 +3% |
| 2004 | -- | $37,363 |
| 2003 | -- | $37,363 +0.1% |
| 2002 | -- | $37,330 -8.6% |
| 2001 | -- | $40,830 -3.9% |
| 2000 | -- | $42,496 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Near N Valley
Nearby schools
GreatSchools rating
- 6/10Cochiti Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 5/10Garfield Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10Valley High SchoolGrades: 9-12Distance: 0.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New Mexico
- Bernalillo County
- Albuquerque
- 87107
- Near N Valley
- 1237 Menaul Blvd NW
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