$535,000
Listed on Jul 27, 2026
1 bds · 1 ba · 3,300 sqft
525 Mesilla Street SE 1-6, Albuquerque, 87108
Call/text
(505) 521 8550
us for more information
12509 Manitoba Drive NE
Albuquerque, NM 87112
This property is not for sale.
Sold on 01.19.2026 for $553,214
2
Beds
1
Bath
2,940
SqFt Home
2
Stories
1979
Year Built
6,882
SqFt Lot
About this property
The property is located close to foothills trails, Sandia Pueblo, The Elena Gallegos open space preserve, the second longest aerial Tramway in the world as well as, KAFB/Sandia National… Show more
The property is located close to foothills trails, Sandia Pueblo, The Elena Gallegos open space preserve, the second longest aerial Tramway in the world as well as, KAFB/Sandia National Laboratories and great local shopping & restaurants. Each apartment contains two bedrooms and one bathroom and separately metered for gas and electric. There is one on-site laundry room, downstairs just off the large parking lot that accommodates plenty of off street parking. Measures of investment performance at ask price of $552,214 and average rents of $1,088 are a GRM of 10.60, a 5.36% cap rate, $138,804 per unit, $188.17/sf.If rents are raised to market rate of $1,395, the measure of investment performance improve to a 6.91% cap rate and that a large potential increases in property taxe
Property details for 12509 Manitoba Drive NE
Interior
Bathrooms Total:
1
Appliances:
Refrigerator
Flooring:
Carpet, Vinyl
Exterior and lot
Lot Size Acres:
0.16
Lot Size:
6,882 sqft
Parking Total:
6
Building and construction
Property Type:
Residential Income
Property Sub Type:
Quadruplex
Property Sub Type Additional:
Quadruplex
Building Area Total:
2,940 sqft
Year Built:
1979
Construction Materials:
Frame, Stucco
Levels:
Two
Number Of Units Total:
4
Stories:
2
Property Condition:
Resale
Provisional
MLS #:
1095868
Gross Income:
49769
Listing Terms:
Cash, Conventional, FHA, VA Loan
Number Of Buildings:
1
Occupant Type:
Owner
Operating Expense:
21028
Owner Pays:
Other, See Remarks
Tenant Pays:
Other, See Remarks
Area and schools
City:
Albuquerque
Postal Code:
87112
MLS Area Major:
Far NE Heights
Subdivision:
New Holiday Park Subdivision
County:
Bernalillo
Parcel Number:
102206151327010418
Community:
Holiday Park
Utilities
Utilities:
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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12509 Manitoba Drive NE Albuquerque, NM 87112 listed as MLS #1095868.
This 2 bedroom 2,940 sqft Residential Income built in 1979 located in Albuquerque NM 87112.
12509 Manitoba Drive NE was sold for $553,214 as MLS #1095868.
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-commercial use and may not be used for any purpose other than identifying properties
which consumers may be interested in purchasing.
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About Holiday Park
Holiday Park is an established single-family neighborhood in Albuquerque's Northeast Heights, off Comanche NE in the 87111 stretch of the city grid. It takes its name from the city park at its center, which shares its site with a City of Albuquerque community center of the same name.
Read about Holiday Park Community.Connect with a local Holiday Park real estate agent
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