$525,000
PENDING

12005 Phoenix Ave NE Albuquerque, NM 87112

Estimated payment $3,340/month

Total Views 578
2 Beds
1 Bath
2,772 Sq Ft
$189 Price per Sq Ft

Highlights

  • Evaporated cooling system
  • Laundry Facilities
  • CRI Green Label Plus Certified Carpet
  • Eldorado High School Rated A
  • Community Storage Space
  • Wall Furnace

About This Home

Now is your chance to own a beautifully maintained fourplex, perfect for investors or owner-occupants. This property features two recently remodeled units, each offering 700 square feet of comfortable living space with two bedrooms and one bathroom. All four units are separately metered, providing ease of management and utility tracking.The building includes an on-site laundry room for tenant convenience, along with plenty of off-street parking. Each unit is enhanced by a welcoming porch entrance, adding character and a touch of charm that feels like home after a long day.Three of the four units are currently leased to long-term tenants, reflecting a strong rental history and consistent income potential.Don't miss out on this rare investment opportunity.

Listing Agent

Matthew Fuemmeler

Helix Real Estate Group License #54699 Listed on: 06/12/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,279

Year Built

  • Built in 1979

Home Design

  • Quadruplex
  • Frame Construction

Interior Spaces

  • 2,772 Sq Ft Home
  • Property has 2 Levels
  • Cooktop<<rangeHoodToken>>

Flooring

  • CRI Green Label Plus Certified Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 102205929336211216

Community Details

Overview

  • 2,772 Sq Ft Building
  • Brentwood Hills Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • Operating Expense $7,860
  • Gross Income $47,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,279

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: From Menaul turn North on Chelwood park then East on Phoenix the property is on the north side of the street.
  • Listing Contract Date: 2025-06-09
  • Year Built: 1979
  • Lot Size Acres: 0.14
  • Subdivision Name: BRENTWOOD HILLS
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Cooktop, Refrigerator
  • Stories: 2
  • Number Of Buildings: 1
  • Accessibility Features: None
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 2772.0

Exterior Features

  • Exterior Features: Lighting
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Block, Frame
  • Property Condition: Resale

Utilities

  • Cooling: Evaporative Cooling
  • Electric: Other
  • Heating: Wall Furnace
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deck/Porch, Laundry Facilities, Storage Facilities

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Parcel #: 102205929336211216
  • Zoning Description: R-2

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 47400.0
  • Annual Operating Expense: 7860.0

Tax Info

  • Tax Annual Amount: 5279.12

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Pending -- -- --
06/13/2025 06/13/25 For Sale $525,000 +118.8% $189 / Sq Ft
10/08/2019 10/08/19 Sold -- -- --
09/24/2019 09/24/19 Pending -- -- --
09/22/2019 09/22/19 For Sale $240,000 -- --
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

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Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1085706

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-022-059-293-362-1-12-16