#1077130, Todd D Clarke, Listing office: NM Apartment Advisors, Inc.
Property details
About 12120 Candelaria Rd NE
The property is located close to foothills trails, I-25, Kirtland Air Force Base, Sandia National Laboratories and great local shopping & restaurants. 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. The same owner also own the fourplexes to the west, 12100 Candelaria NE which is available for sale at $650,000. 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 $750,000 and average rents of $1,250 are a GRM of 12.50, a 5.99% cap rate, $187,500 per unit, $185/sf.
Highlights
Virtual tour
Summary
- Appliances: Refrigerator
- Basement: No
- Flooring Type: Carpet
- Total Bedroom Count: 2
- Heating: Central, Forced Air
- Cooling: Evaporative Cooling
- List Price: $750,000
- Annual Tax Amount: $4,117
- Tax Year: 2023
- Directions: From Tramway and Candelaria west to property.
- Year Built: 1989
- Stories: 2
- Lot Size: 0.33 Acres
- MLS Number: 1078050
- MLS Name: SWMLS
- Office Name: NM Apartment Advisors, Inc.
- Office Phone: (505) 440-8633
- Office Email: tclarke@nmapartment.com
- Listing Agent: Todd D Clarke
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Last updated on: 7/24/2025, 2:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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 | $96,363 | $4,117 |
2022 | $93,558 | $3,979 |
2021 | $90,833 | $3,845 |
2020 | $88,187 | $3,782 |
2019 | $85,619 | $3,540 |
2018 | $83,125 | $3,469 |
2017 | $81,575 | $3,469 |
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
1.0 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. Most Albuquerque, NM residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 12120 Candelaria Rd NE
The listing price of 12120 Candelaria Rd NE property is $750,000.
The property 12120 Candelaria Rd NE is a multi located in Albuquerque, New Mexico, 87112.
Active Listing: 12120 Candelaria Rd NE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 12120 Candelaria Rd NE are: John Baker Elementary School (GreatSchools Rating 6/10), Onate Elementary School (GreatSchools Rating 8/10), Matheson Park Elementary School (GreatSchools Rating 3/10), Hoover Middle School (GreatSchools Rating 4/10), Southwest Preparatory Learning Center (GreatSchools Rating 6/10), Jackson Middle School (GreatSchools Rating 4/10), Eldorado High School (GreatSchools Rating 5/10), Southwest Secondary Learning Center (GreatSchools Rating 7/10), Public Academy for Performing Arts (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $4,117 (source: MLS/based on county public records data).
The year of construction for 12120 Candelaria Rd NE is 1989.
This home is located at 12120 Candelaria Rd NE in Albuquerque, NM and zip code 87112 in the Northeast Albuquerque neighborhood. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 10, 2025 and is currently priced at $750,000.
In June 2025, from all listings sold in Albuquerque, NM there were more than 122 sold above asking price, over 297 sold below and more than 164 were sold right at the asked price. Between May and June 2025, Albuquerque, NM real estate market has seen decrease in the number of listings by 8.4%. In June 2025 median list price was $349,331 and the average listing age was 28 days.