1237 Menaul Boulevard Nw, Albuquerque, NM 87107

Albuquerque
Local realty services provided by:ERA Summit
1237 Menaul Boulevard Nw,Albuquerque, NM 87107
$550,000
  • 8 Beds
  • 4 Baths
  • 3,400 sq. ft.
  • Multi-family
  • Active
Listed by: luke scarpa
Office: nai sunvista commercial re
MLS#:1103919
Source:NM_SWMLS

Price summary

  • Price:$550,000
  • Price per sq. ft.:$161.76

About this home

*Now Selling Separate from 1225* 1225 & 1237 Menaul Blvd. NW present a strong value-add multifamily investment opportunity with a projected 6.83% pro forma cap rate and 100% occupancy as of June 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.

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Home facts

  • Year built:1980
  • Subdivision & Development:Coleman Add
  • Listing ID #:1103919
  • Added:86 day(s) ago
  • Updated:August 15, 2026 at 02:28 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Flooring:Vinyl
  • Kitchen Description:Dishwasher, Free Standing Gas Range, Microwave, Refrigerator
  • Living area:3,400 sq. ft.

Heating and cooling

  • Cooling:Refrigerated
  • Heating:Central, Forced Air

Structure and exterior

  • Year built:1980
  • Building area:3,400 sq. ft.
  • Lot area:0.12 Acres
  • Levels:2 Story

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$161.76
  • Tax amount:$8,020

Features and amenities

  • Appliances:Dishwasher, Free Standing Gas Range, Microwave, Refrigerator

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