Property is being marketed using the BID process with a start price of $444,000. There is one date for tours 7/8 at noon and an offer deadline of noon on 7/9/2026With an average rent of $1,118 the metrics of investment performance are a GRM 8.29, 8.52% cap rate, IRR after tax 17.7%.This is the type of property that feels more like housing than apartments -- a feature many residents value.
Pending
Price cut: $171.4K (5/22)
$444,444
12404 Rosemont Ave NE, Albuquerque, NM 87112
6beds
6baths
3,700sqft
:
Get pre-qualified$2,959/mo
Quadruplex, Multi Family
Built in 1973
-- sqft lot
$-- Zestimate®
$120/sqft
$-- HOA
What's special
- 91 days |
- 472 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Todd D Clarke 505-440-8633,
NM Apartment Advisors, Inc. 505-440-8633,
Anita Maestas 505-463-3565,
Maestas Real Estate Services
Source: SWMLS,MLS#: 1102234
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Refrigerator
Features
- Flooring: Carpet, Vinyl
Interior area
- Total structure area: 3,700
- Total interior livable area: 3,700 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,840 Square Feet
Details
- Has additional parcels: Yes
- Parcel number: 102205817817030917
- Zoning description: R-MH*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Condition
- Resale
- New construction: No
- Year built: 1973
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: Royal Heights Subdivision
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $120/sqft
- Tax assessed value: $254,703
- Annual tax amount: $3,587
- Date on market: 4/23/2026
- Cumulative days on market: 87 days
- Listing terms: Cash,FHA,VA Loan
- Total actual rent: 4470
- Tenant pays: Other, See Remarks
Estimated market value
Not available
Estimated sales range
Not available
$3,154/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Pending sale | $444,444$120/sqft |
Source:  SWMLS #1102234 Report a problem | ||
| 5/22/2026 | Price change | $444,444-27.8%$120/sqft |
Source: SWMLS #1102234 Report a problem | ||
| 4/25/2026 | Listed for sale | $615,833+137.8%$166/sqft |
Source: SWMLS #1102234 Report a problem | ||
| 11/21/2016 | Sold | -- |
Source: SWMLS #878539 Report a problem | ||
| 11/4/2016 | Pending sale | $259,000$70/sqft |
Source: Signature Southwest Properties #878539 Report a problem | ||
| 11/1/2016 | Listed for sale | $259,000-5.8%$70/sqft |
Source: Signature Southwest Properties #878539 Report a problem | ||
| 6/28/2008 | Listing removed | $275,000$74/sqft |
Source: Coldwell Banker** #602927 Report a problem | ||
| 3/20/2008 | Listed for sale | $275,000$74/sqft |
Source: Coldwell Banker** #602927 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,587 +3.2% | $84,892 +3% |
| 2024 | $3,477 +1.7% | $82,420 +3% |
| 2023 | $3,420 | $80,020 +3% |
| 2022 | -- | $77,689 +3% |
| 2021 | $3,193 +1.7% | $75,427 +3% |
| 2020 | $3,141 | $73,230 +3% |
| 2019 | -- | $71,097 |
| 2018 | $2,571 -12.6% | $71,097 +3% |
| 2017 | $2,940 +10.2% | $69,026 +10.1% |
| 2016 | $2,667 -95.6% | $62,693 +3% |
| 2015 | $60,867 +2325.6% | $60,867 +3% |
| 2014 | $2,509 | $59,094 -48.9% |
| 2013 | $2,509 | $115,662 +36.5% |
| 2012 | -- | $84,760 |
| 2011 | -- | $84,760 |
| 2010 | -- | $84,760 +3% |
| 2009 | -- | $82,291 +32.9% |
| 2008 | -- | $61,934 +3% |
| 2007 | -- | $60,130 +3% |
| 2006 | -- | $58,379 |
| 2005 | -- | $58,379 |
| 2004 | -- | $58,379 +3% |
| 2003 | -- | $56,679 +3% |
| 2002 | -- | $55,028 |
| 2001 | -- | $55,028 +3.1% |
| 2000 | -- | $53,361 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 87112
Nearby schools
GreatSchools rating
- 4/10Chelwood Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10Manzano High SchoolGrades: PK-12Distance: 0.5 mi
- 5/10Jackson Middle SchoolGrades: 6-8Distance: 1.2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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