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12404 Rosemont Avenue NE
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12404 Rosemont Avenue NE
12404 Rosemont Avenue NE
12404 Rosemont Avenue NE
12404 Rosemont Avenue NE
12404 Rosemont Avenue NE
12404 Rosemont Avenue NE
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12404 Rosemont Avenue NE

Albuquerque, NM 87112

$615,833
6 bd • 6 ba • 3,700 sqft • 0.18 acres
2 Story
Stories
$166
Per SQFT
1973
Year Built
04/23/2026
Listing Date
1102234
Listing #
87112
Zip Code

About This Property

What makes this property stand out is its location within an established Northeast Heights single-family neighborhood. Rather than being surrounded by large apartment complexes, the property is nestled among single family homes and positioned catty-corner from a beautiful neighborhood park. This creates a quieter, more residential atmosphere that can support stronger tenant retention and long-term demand.At the ask price of $615,833 and an average rent of $1,118 the metrics of investment performance are a GRM 11.48, 6.15% cap rate, IRR before tax 14.0%.Why this asset deserves attention:-Rare fourplex in a neighborhood setting -Adjacent park enhances resident appeal -Larger unit sizes than many competing rentals -Includes 5 storage units and coin-op laundry

Interior

Bathrooms Total: 6
Appliances: Refrigerator
Flooring: Carpet, Vinyl

Building And Construction

Property Type: Residential Income
Property Sub Type: Quadruplex
Property Sub Type Additional: Quadruplex
Building Area Total: 3,700 sqft
Year Built: 1973
Levels: Two
Number Of Units Total: 4
Stories: 2
Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.18
Lot Size Square Feet: 7,802 sqft
Parking Total: 6

Provisional

MLS #: 1102234
Gross Income: 50958
Listing Terms: Cash, FHA, VA Loan
Number Of Buildings: 1
Occupant Type: Owner
Operating Expense: 14008
Owner Pays: Other, See Remarks
Tenant Pays: Other, See Remarks
Total Actual Rent: 4470

Area And Schools

City: Albuquerque
Postal Code: 87112
MLS Area Major: Northeast Heights
County: Bernalillo
Parcel Number: 102205817817030917

Utilities

Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling: Evaporative Cooling
Heating: Forced Air
Heating (Y/N): Yes

Location

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Directions: From I-40 and Juan Tabo, north to Mountain, East to Zena Lona, north to Rosemont, east to property - one lot away from Summer Hils Park

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Listing courtesy of NM Apartment Advisors, Inc.
Southwest MLS Logo 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 Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

(505) 521 8550