$500,000
Listed on Aug 20, 2026
2 bds · 4 ba · 3,104 sqft
12704 Dunes Road SE, Albuquerque, 87123
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(505) 521 8550
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12229 Menaul Boulevard NE
Albuquerque, NM 87112
This property is not for sale.
Sold on 01.06.2026 for $579,429
3
Beds
2
Baths
3,107
SqFt Home
1
Story
1977
Year Built
8,276
SqFt Lot
About this property
Located just a few blocks west of the Sandia mountain foothills at 12229 Menaul NE, the unit mix includes:- Unit A is a 1,274 square foot, 3 bedroom / 2 bathroom with a 2 car garage.- Unit… Show more
Located just a few blocks west of the Sandia mountain foothills at 12229 Menaul NE, the unit mix includes:- Unit A is a 1,274 square foot, 3 bedroom / 2 bathroom with a 2 car garage.- Unit B is a 1,100 square foot, 2 bedroom, 1bathroom home.- Unit C is a 829 square foot, 2 bedroom, 1 bathroom home.Each residence has its own private area and/or backyard.Besides the spacious units, the main amenity for this property is the quiet and serene NE Heights neighborhood close to foothills trails and shopping.Measures of investment performance at ask price of $579,429 and average rents, as of 2/1/2024, of $1,325 are a GRM of 12.15, a 5.25% cap rate, $193,143 per unit, $186/sf and an after tax IRR of 13.2%.
Property details for 12229 Menaul Boulevard NE
Interior
Bathrooms Total:
2
Appliances:
Refrigerator
Flooring:
Tile
Exterior and lot
Lot Size Acres:
0.19
Lot Size:
8,276 sqft
Parking Total:
4
Building and construction
Property Type:
Residential Income
Property Sub Type:
Triplex
Property Sub Type Additional:
Triplex
Building Area Total:
3,107 sqft
Year Built:
1977
Construction Materials:
Frame, Stucco
Levels:
One
Number Of Units Total:
3
Stories:
1
Property Condition:
Resale
Provisional
MLS #:
1053809
Gross Income:
45315
Listing Terms:
Cash, Conventional, FHA, VA Loan
Number Of Buildings:
1
Occupant Type:
Owner
Operating Expense:
14916
Owner Pays:
Other, See Remarks
Tenant Pays:
Other, See Remarks
Area and schools
City:
Albuquerque
Postal Code:
87112
MLS Area Major:
Northeast Heights
Subdivision:
Brentwoods Hills
County:
Bernalillo
Parcel Number:
102205943630110604
Utilities
Utilities:
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Cooling:
Evaporative Cooling
Heating:
Central, Forced Air
Heating (Y/N):
Yes
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12229 Menaul Boulevard NE Albuquerque, NM 87112 listed as MLS #1053809.
This 3 bedroom 3,107 sqft Residential Income built in 1977 located in Albuquerque NM 87112.
12229 Menaul Boulevard NE was sold for $579,429 as MLS #1053809.
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