Home / Albuquerque / Near North Valley / Coleman / MLS #1103919

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1237 Menaul Boulevard NW

Albuquerque, NM 87107

$562,500

8 bd • 4 ba • 3,400 sqft • 0.12 acres

2 Story

Stories

$165

Per SQFT

1980

Year Built

05/20/2026

Listing Date

1103919

Listing #

87107

Zip Code

About This Property

**Property is being sold as a package with 1225 Menual Blvd. NW** 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.

Interior

Bathrooms Total: 4

Fireplace Features: Option

Appliances: Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator

Laundry Features: Washer Hookup, Dryer Hookup, In Unit

Flooring: Vinyl

Building And Construction

Property Type: Residential Income

Property Sub Type: Quadruplex

Property Sub Type Additional: Quadruplex

Building Area Total: 3,400 sqft

Year Built: 1980

Levels: Two

Number Of Units Total: 4

Stories: 2

Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.12

Lot Size Square Feet: 5,227 sqft

Provisional

MLS #: 1103919

Listing Terms: Cash, Conventional, FHA, VA Loan

Number Of Buildings: 1

Owner Pays: Sewer, Trash Collection, Water

Tenant Pays: Electricity, Gas

Total Actual Rent: 4095

Area And Schools

Community Features: Deck/Porch

City: Albuquerque

Postal Code: 87107

MLS Area Major: Near North Valley

Subdivision: Coleman Add

County: Bernalillo

Parcel Number: 101305946841011004

Utilities

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

Cooling: Refrigerated

Heating: Central, Forced Air

Heating (Y/N): Yes

Location

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Directions: From I-40, take the 12th St. exit and head North. Turn Left (West) onto Menaul Blvd. NW; property is on the Right.

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Home Price

Down Payment

Interest Rate

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** All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

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Listing courtesy of NAI SunVista Commercial RE

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

Daria Derebera

Real Estate Broker in Albuquerque, NM

(505) 521 8550

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