Pending

Price cut: $50K (11/15)

$700,000

12120 Candelaria Rd NE, Albuquerque, NM 87112

2beds

2baths

--sqft

Est.:

Quadruplex, Multi Family

Built in 1989

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

At 12100 Candelaria NE each apartment is also separately metered for gas and electric and laid out in a courtyard style format At 12120, Each townhouse style apartment contains two bedrooms and one bathroom upstairs and 1/2 have bathroom and laundry room downstairs and they are also separately metered for gas and electric. Large parking lot accommodates plenty of off street parking.Owner has dropped the price $100,000 to encourage a sale of both fourplexes together12100 Candelaria NE - Measures of investment performance at ask price of $600,000 and average rents of $1,200 are a GRM of 10.42, a 6.28% cap rate, $150,000 per unit, $242/sf12120 Candelaria NE - Measures of investment performance at ask price of $700,000 and average rents of $1,300 are a GRM of 11.22, a 5.70% cap

303 days

280

10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2

Heating

Central, Forced Air

Cooling

Evaporative Cooling

Appliances

Included: Refrigerator

Features

Flooring: Carpet
Has basement: No

Property

Parking

Total spaces: 6

Features

Levels: Two
Stories: 2

Lot

Size: 0.33 Acres

Details

Has additional parcels: Yes
Parcel number: 102205935653712540
Zoning description: MX-L*

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Frame, Stucco

Condition

Resale
New construction: No
Year built: 1989

Details

Builder name: Jones

Utilities & green energy

Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Green energy

Energy generation: None

Community & HOA

Community

Subdivision: TR 29C-2 BLK 29-C BRENTWOOD HILLS

Location

Region: Albuquerque

Financial & listing details

Tax assessed value: $297,793
Annual tax amount: $4,117
Date on market: 2/10/2025
Cumulative days on market: 265 days
Listing terms: Cash,Conventional,FHA,VA Loan
Tenant pays: Other, See Remarks

Estimated market value

Not available

Estimated sales range

Not available

$1,581/mo

Price history

Date	Event	Price
12/9/2025	Pending sale	$700,000
Source: SWMLS #1078050 Report a problem
11/15/2025	Price change	$700,000-6.7%
Source: SWMLS #1078050 Report a problem
3/19/2025	Listed for sale	$750,000
Source: SWMLS #1078050 Report a problem
2/10/2025	Pending sale	$750,000
Source: SWMLS #1078050 Report a problem