1237 Menaul BLVD NW, Albuquerque, NM 87107
1237 Menaul BLVD NW, Albuquerque, NM 87107
1237 Menaul BLVD NW, Albuquerque, NM 87107
1237 Menaul BLVD NW, Albuquerque, NM 87107
1237 Menaul BLVD NW, Albuquerque, NM 87107
1237 Menaul BLVD NW, Albuquerque, NM 87107
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Henry Padilla

Henry Padilla

+1(505) 702-2304
Listed by NAI SunVista Commercial RE
$ 562,500
Est. payment | /mo

8 Beds

4 Baths

3,400 SqFt

Save
$ 562,500
Est. payment | /mo
Save

8 Beds

4 Baths

3,400 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,400 sqft

Price per Sqft $165

Subdivision Coleman Add

MLS Listing ID 1103919

Bedrooms 8

Construction Status Resale

HOA Y/N No

Year Built 1980

Annual Tax Amount $8,019

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions Public Records

Property Sub-Type Quadruplex

Property Description

**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.

Location

State NM

County Bernalillo

Area 101 - Near North Valley

Interior

Heating Central, Forced Air

Cooling Refrigerated

Flooring Vinyl

Fireplaces Type Option

Fireplace No

Appliance Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator

Laundry Washer Hookup, Dryer Hookup, In Unit

Exterior

Community Features Deck/ Porch

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

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Resale

Others

Tax ID 101305946841011004

Acceptable Financing Cash, Conventional, FHA, VA Loan

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA, VA Loan

Southwest MLS (SWMLS IDX Plus)

NEARBY SCHOOLS & PROPERTIES

Henry Padilla

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(505) 702-2304

henry.p@socialteamnm.com

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1237 Menaul BLVD NW