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12229 Menaul Boulevard Ne, 
Albuquerque, NM 87112

$579,429

3

Beds

2

Baths

3,107

Sq Ft

Multi-Family

Pending

Listed by

Todd D Clarke

Nm Apartment Advisors, Inc.

505-440-8633

Last updated:

December 17, 2025, 10:04 AM

MLS#

1053809

Source:

NM SWMLS

About This Home

12229 Menaul Boulevard Ne

Located just a few blocks west of the Sandia mountain foothills at 12229 Menaul NE, the unit mix includes:- Unit A is a 1,274 square foot, 3 bedroom / 2 bathroom with a 2 car garage.- Unit B is a 1,100 square foot, 2 bedroom, 1bathroom home.- Unit C is a 829 square foot, 2 bedroom, 1 bathroom home.Each residence has its own private area and/or backyard.Besides the spacious units, the main amenity for this property is the quiet and serene NE Heights neighborhood close to foothills trails and shopping.Measures of investment performance at ask price of $579,429 and average rents, as of 2/1/2024, of $1,325 are a GRM of 12.15, a 5.25% cap rate, $193,143 per unit, $186/sf and an after tax IRR of 13.2%.

Home Facts

Multi-Family

2 Baths

3 Bedrooms

Built in 1977

Price Summary

579,429

$186 per Sq. Ft.

MLS #:

1053809

Last Updated:

December 17, 2025, 10:04 AM

Added:

2 year(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

3,107 Sq. Ft.

Structure

Structure

Building Area:

3,107 Sq. Ft.

Year Built:

1977

Lot

Lot Size (Sq. Ft):

8,276

Finances & Disclosures

Finances

Price:

$579,429

Price per Sq. Ft:

$186 per Sq. Ft.

Source:NM SWMLS
The information being provided by Greater Albuquerque Aor/Southwest Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Greater Albuquerque Aor/Southwest Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.