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1237 Menaul Boulevard NW

Albuquerque, NM 87107
  • $550,000
  • STATUS: Active
  • ON SITE: 84 Days
  • MLS #: 1103919
UPDATED: 73 min ago
$550,000
  • 8
    BEDS
  • 0.12
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,400
    SQFT
  • $162
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1980
County:

School Ratings & Info

Description

*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.

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IDX information © 2026 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Coldwell Banker Legacy. Data last updated: 2026-08-13T10:05:07.97.
www.nmhomestore.com/homes/176705398
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1237 Menaul Boulevard NW Albuquerque, NM 87107

  • Price: $550,000
  • Status: Active
  • On Site: 84 Days
  • Updated: 73 min ago
  • MLS #: 1103919
8
Beds
4
Baths
0
½ Baths
0.12
Acres
3,400
SQFT
$162
$/SQFT
1980
Built
Neighborhood:
Coleman Add
County:
Bernalillo
Area:
101 - Near North Valley
Property Description
*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.
Exterior Features

Levels Two

Interior Features

Appliances Dishwasher Free- Standing Gas Range Microwave Refrigerator Cooling Refrigerated Cooling YN Yes Fireplace Features Option Flooring Vinyl Heating Central Forced Air Heating YN Yes Laundry Features Washer Hookup Dryer Hookup In Unit

Property Features

Builder Name N / A Building Area Total 3400 Community Features Deck / Porch Green Energy Generation None Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional FHA VA Loan New Construction YN No Owner Pays Sewer Trash Collection Water Property Condition Resale Property Sub Type Quadruplex Property Sub Type Additional Quadruplex Tax Annual Amount 8019.74 Tenant Pays Electricity Gas Total Actual Rent 4095 Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected Zoning Description R- ML*

Southwest MLS] logo Listing courtesy of NAI SunVista Commercial RE: (505) 878-0001. © 2026 Southwest Multiple Listing Service, Inc.


IDX information © 2026 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Coldwell Banker Legacy. Data last updated: 2026-08-13T10:05:07.97.
 
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Coldwell Banker Legacy
6719 Academy Road NE
Albuquerque NM, 87109