12404 Rosemont Avenue Ne, Albuquerque, NM 87112

Albuquerque
Local realty services provided by:ERA Sellers & Buyers Real Estate
12404 Rosemont Avenue Ne,Albuquerque, NM 87112
$615,833
Virtual Tour
  • 6 Beds
  • 6 Baths
  • 3,700 sq. ft.
  • Multi-family
  • Active
Listed by: todd d clarke, anita maestas
Office: nm apartment advisors, inc.
MLS#:1102234
Source:NM_SWMLS

Price summary

  • Price:$615,833
  • Price per sq. ft.:$166.44

About this home

What makes this property stand out is its location within an established Northeast Heights single-family neighborhood. Rather than being surrounded by large apartment complexes, the property is nestled among single family homes and positioned catty-corner from a beautiful neighborhood park. This creates a quieter, more residential atmosphere that can support stronger tenant retention and long-term demand.At the ask price of $615,833 and an average rent of $1,118 the metrics of investment performance are a GRM 11.48, 6.15% cap rate, IRR before tax 14.0%.Why this asset deserves attention:-Rare fourplex in a neighborhood setting -Adjacent park enhances resident appeal -Larger unit sizes than many competing rentals -Includes 5 storage units and coin-op laundry

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Home facts

  • Year built:1973
  • Listing ID #:1102234
  • Added:4 day(s) ago
  • Updated:April 29, 2026 at 12:16 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6
  • Flooring:Carpet, Vinyl
  • Kitchen Description:Refrigerator
  • Living area:3,700 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Forced Air

Structure and exterior

  • Year built:1973
  • Building area:3,700 sq. ft.
  • Lot area:0.18 Acres
  • Levels:2 Story

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$615,833
  • Price per sq. ft.:$166.44
  • Tax amount:$3,587

Features and amenities

  • Appliances:Refrigerator

Parking

  • Total parking spaces:6

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