$559,000
7 bds · 5 ba · 3,632 sqft
325 San Andres Avenue NW, Albuquerque, 87107
1237 Menaul Boulevard NW
Albuquerque, NM 87107
$550,000
$162/SqFt
8
Beds
4
Baths
3,400
SqFt Home
2
Stories
1980
Year Built
5,227
SqFt Lot
Estimated Mortgage
$2,781/mo
Based on $110K down · 6.5% · 30yr
About this property
*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… Show more
*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.
Property details for 1237 Menaul Boulevard NW
Interior
Bedrooms Total:
8
Bathrooms Total:
4
Appliances:
Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator
Laundry Features:
Washer Hookup, Dryer Hookup, In Unit
Flooring:
Vinyl
Fireplace Features:
Option
Exterior and lot
Lot Size Acres:
0.12
Lot Size:
5,227 sqft
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
New Construction:
No
Levels:
Two
Number Of Units Total:
4
Stories:
2
Property Condition:
Resale
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
Listing and financial details
Listing Date:
May 20, 2026
Location
Directions: From I-40, take the 12th St. exit and head North. Turn Left (West) onto Menaul Blvd. NW; property is on the Right.
Estimated Mortgage
$2,781/mo
Based on $110K down · 6.5% · 30yr
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1237 Menaul Boulevard NW, Albuquerque, NM 87107 listed as MLS #1103919.
This 8 bedroom 3,400 sqft Quadruplex built in 1980
located in Coleman Add, Albuquerque NM 87107.
1237 Menaul Boulevard NW is listed for $550,000 as MLS #1103919 courtesy of NAI SunVista Commercial RE Luke Scarpa.
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