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Street View
$545,000
Monthly Est:$2,713
8 Beds
4 Baths
3,400sqft
1237 Menaul Blvd NW, Albuquerque, NM 87107
$545,000
$2,713/moEst:
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Quadruplex
Built in 1980
$-- HOA
5,227 sqft lot
$160/sq.ft
Description
1237 Menaul Blvd. NW presents an attractive value-add multifamily investment opportunity in Albuquerque's North Valley, offering a projected 6.32% pro forma cap rate at market rental rates. This fully occupied 4-plex features an efficient unit mix consisting entirely of spacious 2-bedroom, 1-bathroom units, with significant upside potential through rental rate increases. Several units have undergone interior renovations, providing investors an opportunity to capitalize on below-market rents and continued income growth. Unit amenities include refrigerated air, in-unit washer/dryer hookups, and private balconies or patios. Conveniently located near I-40 and the Indian Pueblo Cultural Center, the property offers excellent accessibility to Downtown Albuquerque, major employment centers, and surrounding amenities.
- Houzeo last checked: 6 minutes ago
- Listing updated: November 3, 2026 at 9:02 pm
- Listing Provided by: Luke Scarpa (505) 504-8883 DRE #REC20230302 | NAI SunVista Commercial RE (505) 878-0001
- Source: Greater Albuquerque AOR (SWMLS) MLS-NM | MLS#: 1103919
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1980
HOA Fees
-
Finished Area
3,400 sqft
Lot Size
5,227 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1103919
MLS Status
Active
Days on Market
168
Cumulative Days on Market
146
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Interior
Flooring
Vinyl
Appliances
Dishwasher, Free Standing Gas Range, Microwave, Refrigerator
Cooling
Refrigerated
Heating
Central, Forced Air
Construction
Year Built
Year Built: 1980
Home type
Quadruplex
Property Condition
Resale
Utilities & Energy
Laundry Features
Washer Hookup, Dryer Hookup, In Unit
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Fireplace Features
Option
Other Features
Disclosures
Ranm2100disclosure
Community Features
Deck Porch
Subdivision Name
Coleman Add
Tenant Pays
Electricity, Gas
Price History
| Date | Event | Price |
|---|---|---|
09/23/2026 Source: | Price Decreased | $545,000 -0.91% $160/sqft |
07/28/2026 Source: | Pending | $550,000 -2.22% $162/sqft |
05/20/2026 Source: | Listed for Sale | $562,500 +7.86% $165/sqft |
04/21/2022 Source: | Sold | $521,500 $153/sqft |
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Based on information from the Greater Albuquerque Association of REALTORS® (alternatively, from the Southwest MLS) through Nov 05, 2026, 12:30AM. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by The Service. © 2026 Greater Albuquerque Association of REALTORS®. All Rights Reserved.
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