3D tour
$7,125 Closing Credit¹
#1079421, Vertical Real Estate, Listing Office: Keller Williams Realty
$650,000 List price
12100 Candelaria Rd NE Albuquerque, NM 87112
$7,719
Closing credit¹
2 beds
1 bath
3,318 sqft
0.3 acres
$196 / sqft
Multi-Family
Property details
About 12100 Candelaria Rd NE
The property contains four, large one-story courtyard style apartment homes with unique, very private backyards and patio spaces. Each apartment is also separately metered for gas and electric. Large parking lot accommodates plenty of off street parking. The same owner also own the fourplexes to the east, 12120 Candelaria NE which will be available for sale at $750,000, after 12100 Candelaria NE closes. The owner is willing to make both available to an investor who is looking for 8 units.Measures of investment performance at ask price of $650,000 and average rents of $1,125 are a GRM of 12.04, a 6.19% cap rate, $162,500 per unit.Assuming a new loan with a 25% down payment, an interest rate of 6.25% and 30 year amortization, an owner can live on the property for as little $82
Highlights
Home typeQuadruplex
HeatingCentral, Forced Air
StatusActive
CoolingEvaporative Cooling
Size3,318 sqft
Lot size0.3 Acres
Year built1989
MLS #1077130
Summary
- MLS Number: 1077130
- MLS Name: SWMLS
- Office Name: NM Apartment Advisors, Inc.
- Office Phone: (505) 440-8633
- Office Email: tclarke@nmapartment.com
- Listing Agent: Todd D Clarke
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$650,000
12100 Candelaria Rd NE
$7,719
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $85,339 | $3,646 |
| 2022 | $82,855 | $3,524 |
| 2021 | $80,441 | $3,405 |
| 2020 | $78,099 | $3,350 |
| 2019 | $75,825 | $3,135 |
| 2018 | $73,616 | $3,039 |
| 2017 | $71,473 | $3,039 |
History based on county public records data.
Nearby schools
6
John Baker Elementary School
Public District KG-5
0.5 mi
•12015 Tivoli Ave NE Ste B
8
Onate Elementary School
Public District KG-5
0.7 mi
•12415 Brentwood Hills Blvd NE
3
Matheson Park Elementary School
Public District PK-5
0.9 mi
•10809 Lexington Ave NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,000. The most common annual income of people living in Albuquerque, NM is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
38%
<35k
43%
35k-100k
16%
100k-200k
3%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
49%
Single, No Kids
15%
Single, with Kids
24%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
6%
12-17 yrs old
22%
18-34 yrs old
45%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Tennis
Where do the neighbors shop?
IKEA
Banana Republic
Crate & Barrel
Where do the neighbors go to eat?
Quiznos
Jack In The Box
Starbucks
What do the neighbors drive?
Lexus
Toyota
BMW
What do the neighbors listen to?
Soft Adult Contemporary
Jazz
News
All data provided by Home Junction and Claritas
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This home is located at 12100 Candelaria Rd NE in Albuquerque, NM and zip code 87112 in the Northeast Albuquerque neighborhood. This 3,318 square foot home, which was built in 1989, sits on a 0.30 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 27, 2025 and is currently priced at $650,000.
Over 76 listings were sold over their listed price in February 2025 in Albuquerque, NM. In the same period over 207 listings were sold below the listed price and 135 listings were sold for the listed price. In February 2025 in Albuquerque, NM there were 9.4% less homes for sale than in January. Listings spent 45 days on the market in February 2025, and had a median list price of $349,921 during the same period.
From Rocket Homes Real Estate and based on county public records data.