1237 Menaul BLVD NW, Albuquerque, NM 87107
1237 Menaul BLVD NW, Albuquerque, NM 87107
1237 Menaul BLVD NW, Albuquerque, NM 87107
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Listed by NAI SunVista Commercial RE
$562,500
Est. payment /mo
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8 Beds
4 Baths
3,400 SqFt
Active

1237 Menaul BLVD NW Albuquerque, NM 87107

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,400 sqft

Price per Sqft $165

Subdivision Coleman Add

MLS Listing ID 1103919

Bedrooms 8

Construction Status Resale

HOA Y/N No

Year Built 1980

Annual Tax Amount $8,019

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions Public Records

Property Sub-Type Quadruplex

Property Description

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.

Location

State NM

County Bernalillo

Area 101 - Near North Valley

Interior

Heating Central, Forced Air

Cooling Refrigerated

Flooring Vinyl

Fireplaces Type Option

Fireplace No

Appliance Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator

Laundry Washer Hookup, Dryer Hookup, In Unit

Exterior

Community Features Deck/ Porch

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Resale

Others

Tax ID 101305946841011004

Acceptable Financing Cash, Conventional, FHA, VA Loan

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA, VA Loan


Southwest MLS (SWMLS IDX Plus)

Nearby Locations

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Anita Mora

Anita Mora

Broker | License ID: 46134

+1(505) 400-8105

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1237 Menaul BLVD NW