3D tour
$7,125 Closing Credit¹
#1079421, Vertical Real Estate, Listing Office: Keller Williams Realty
$559,900 List price
12204 Candelaria Rd NE Albuquerque, NM 87112
$6,649
Closing credit¹
2 beds
1 bath
3,200 sqft
0.2 acres
$175 / sqft
Multi-Family
Property details
About 12204 Candelaria Rd NE
Fantastic opportunity for owner occupant rental property or investor! Lots of upgrades throughout so this baby is turn key! Lots of money invested in the last few years! Newer roof, stucco, stairs, electrical panel upgrades, vinyl windows, appliances, HVAC/AC air!, flooring, updated kitchens and (3) baths, paint, lighting, own washer and dryers, storage!!!Great NE location with park right nearby. This is ready to provide years of worry free income! Check out the comps and at pro forma of $1,300 a month this has a sweet GRM of 8.7 and a CAP rate of 8.35%! Fantastic price for a turnkey property that would be a great addition to your portfolio or owner occupant and have tenants pay the mortgage! DO NOT DISTURB TENANTS. Showing upon successful agreement. See attached for Pro-Forma Analysis.
Highlights
Home typeQuadruplex
HeatingCentral, Forced Air
StatusActive
CoolingCentral Air
Size3,200 sqft
Lot size0.16 Acres
Year built1977
MLS #1077724
Summary
- MLS Number: 1077724
- MLS Name: SWMLS
- Office Name: Thrive Real Estate
- Office Phone: (505) 585-2599
- Office Email: RealtyNM@Gmail.com
- Listing Agent: Matthew A Darrall
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, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$559,900
12204 Candelaria Rd NE
$6,649
closing credit¹
Sell your home with Rocket and save even more!
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 | $78,435 | $3,351 |
| 2022 | $76,150 | $3,238 |
| 2021 | $73,932 | $3,130 |
| 2020 | $71,780 | $3,078 |
| 2019 | $69,690 | $2,882 |
| 2018 | $67,660 | $2,792 |
| 2017 | $67,660 | $2,792 |
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. Residents of Albuquerque, NM typically earn between $35k-100k each year. The most common type of family 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
Similar homes for sale
$7,719 Closing Credit¹
#1077130, Todd D Clarke, Listing Office: NM Apartment Advisors, Inc.
This home is located at 12204 Candelaria Rd NE in Albuquerque, NM and zip code 87112 in the Northeast Albuquerque neighborhood. This 3,200 square foot home, which was built in 1977, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 10, 2025 and is currently priced at $559,900.
While more than 76 listings in Albuquerque, NM in February 2025 were sold above asking price, there were more than 135 listings sold at asking price, and more than 207 were sold below. The number of homes for sale in Albuquerque, NM decreased by 9.4% between January and February 2025. In February 2025 median list price was $349,921 and the average listing age was 45 days.
From Rocket Homes Real Estate and based on county public records data.