$562,500

$165/sqftactive

1237 Menaul Boulevard NW, Albuquerque, NM 87107

0 days on market

Beds

Baths

Sqft

3,400

Lot

5,227 sqft

Built

1980

Type

multi family

About This Property

**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.

Features & Amenities

Dishwasher

Free Standing Gas Range

Microwave

Refrigerator

Vinyl Flooring

Subdivision: Coleman Add

Property Details

MLS #	1103919
Property Type	multi family
Year Built	1980
Heating	Central,ForcedAir
Cooling	Refrigerated
Lot Size	5,227 sqft
Property Tax (est.)	$8,020/yr ($668/mo)
Price / Sqft	$165
Status	Active
Days on Market	0

About North Valley → Full Guide

Price vs. Neighborhood

This home

$562,500

North Valley median

$520,000

8% above the North Valley median. Homes here sell in an average of 38 days.

Commute Times

Unm

15 min

Downtown

10 min

Abq Studios

25 min

Sandia Labs

25 min

Kirtland Afb

25 min

Presbyterian

15 min

Intel Rio Rancho

20 min

Nearby Schools

Griegos Elementary

K-5 · APS

5/10

Madison Middle School

6-8 · APS

4/10

Valley High School

9-12 · APS

4/10

Neighborhood Guide

Explore North Valley

Rural & Spacious

Listing courtesy of NAI SunVista Commercial RE. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.