For sale

Price cut: $12.5K (7/28)

$550,000

1237 Menaul Blvd NW, Albuquerque, NM 87107

8beds

4baths

3,400sqft

$3,882/mo

Get pre-qualified

Quadruplex, Multi Family

Built in 1980

-- sqft lot

$-- Zestimate^®

$162/sqft

$-- HOA

What's special

Private balconies or patiosRefrigerated air

*Now Selling Separate from 1225* 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.

142 days
152
9

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: $162/sqft
Tax assessed value: $497,932
Annual tax amount: $8,019
Date on market: 5/20/2026
Cumulative days on market: 122 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

$4,454/mo

Price history

Date	Event	Price
9/23/2026	Listed for sale	$550,000$162/sqft
Source: SWMLS #1103919 Report a problem
9/3/2026	Pending sale	$550,000$162/sqft
Source: SWMLS #1103919 Report a problem
7/28/2026	Price change	$550,000-2.2%$162/sqft
Source: SWMLS #1103919 Report a problem
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