1237 Menaul Boulevard
Albuquerque, NM 87107
8
Bed
4
Bath
3,400Sqft
0.12Acre(Lot)
**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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 8Bathroom Information
Total Baths: 4 -
Flooring Information
Vinyl -
Interior Features
Appliances: Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator Laundry Features: Laundry Room, Washer Hookup, In Unit -
Heating & Cooling
Has Heating: Yes Heating: Central, Forced Air Has Cooling: Yes
-
Building Information
Year Built: 1980 Building Area Total: 3400 Stories: 2 Private Pool: No
-
Lot Information
Lot Size Acres: 0.12 Lot Size Source: Public Records Lot Size Square Feet: 5227Property Information
Subdivision: Coleman Add Source Property Type: Residential Income Postal Code Plus 4: 1055 Zoning Description: R-ML* Property SubType: Quadruplex Levels: Two Property Age: 46
-
Listing Price Information
Listing Price: $562500 Cash, Conventional, FHA, VA Loan
-
Tax Information
Parcel Number: 101305946841011004 Annual Tax: $8019.74
-
Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected -
Location Information
Direction: From I-40, take the 12th St. exit and head North. Turn Left (West) onto Menaul Blvd. NW; property is on the Right.
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3609 Wellesley Drive, Albuquerque, NM, 87107 | $641,829 | 8 | 4 | 4,194 | 4,194 SqFt |
| 3601 Wellesley Drive, Albuquerque, NM, 87107 | $3,015,000 | 3 | 3 | 14,266 | 14,266 SqFt |
| 3501 NE Wellesley Drive, Albuquerque, NM, 87107 | $510,000 | -- | -- | -- | |
| 3505 Lafayette Drive, Albuquerque, NM, 87107 | $950,000 | 2 | 1 | 9,100 | 9,100 SqFt |
| 325 San Andres Avenue, Albuquerque, NM, 87107 | $559,000 | 7 | 5 | 3,632 | 3,632 SqFt |
| 1225 Menaul Boulevard, Albuquerque, NM, 87107 | $562,500 | 8 | 4 | -- |
Similar Multifamily To 1237 Menaul Boulevard
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Southwest Multiple Listing Service. All Rights Reserved.
ByOwner last updated this listing 06/05/2026 @ 17:43
More Cities with for Sale by Owner Homes
- Albuquerque Homes For Sale By Owner
- Corrales Homes For Sale By Owner
- Rio Rancho Homes For Sale By Owner
- Los Ranchos Homes For Sale By Owner
- Bernalillo Homes For Sale By Owner
- Placitas Homes For Sale By Owner
- Algodones Homes For Sale By Owner
- Cedar Crest Homes For Sale By Owner
- Sandia Park Homes For Sale By Owner
- Bosque Farms Homes For Sale By Owner
- Tijeras Homes For Sale By Owner
- Peralta Homes For Sale By Owner
- Edgewood Homes For Sale By Owner
- Los Lunas Homes For Sale By Owner
- Cerrillos Homes For Sale By Owner
- Madrid Homes For Sale By Owner
- Pena Blanca Homes For Sale By Owner
- Cochiti Lake Homes For Sale By Owner
- Moriarty Homes For Sale By Owner
- Rio Communities Homes For Sale By Owner
Homes around $562,500
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.