$5,092 Closing Credit¹
#1071142, Todd D Clarke, Listing Office: NM Apartment Advisors, Inc.
$415,000 List price
12709 Singing Arrow Ave SE Albuquerque, NM 87123
$4,928
Closing credit¹
2 beds
1 bath
3,168 sqft
0.1 acres
$131 / sqft
Multi-Family
Property details
About 12709 Singing Arrow Ave SE
Exceptional 4-Unit Multifamily Investment Opportunity in the Singing Arrow neighborhood! Each of the four units has two bedrooms and one bath with approximately 800 square feet of living space. Property has evaporative cooling, on-site laundry facilities, and off-street parking. This asset is selling at a 6.9% cap rate, with a total monthly rental income of $3,798 when fully leased. Currently, Unit D is vacant, while two tenants remain on month-to-month leases, allowing for flexible rental strategies. With its solid financials, and operational upside, this multifamily asset is ideal for both seasoned investors and those looking to expand their portfolio.
Highlights
Home typeQuadruplex
HeatingCentral, Forced Air, Hot Water
StatusActive
CoolingEvaporative Cooling
Size3,168 sqft
Lot size0.15 Acres
Year built1978
MLS #1079101
Summary
- MLS Number: 1079101
- MLS Name: SWMLS
- Office Name: Rhino Realty Property Mgmt LLC
- Office Phone: (505) 856-0033
- Office Email: alex@rhinorentalsnm.com
- Listing Agent: Nickolas Timothy Chavez
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: 3/12/2025, 12:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$415,000
12709 Singing Arrow Ave SE
$4,928
closing credit¹
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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 | $79,439 | $3,394 |
| 2022 | $77,126 | $3,280 |
| 2021 | $55,677 | $2,357 |
| 2020 | $54,056 | $2,318 |
| 2019 | $52,482 | $2,170 |
| 2018 | $50,953 | $2,103 |
| 2017 | $49,469 | $2,103 |
History based on county public records data.
Nearby schools
5
Manzano Mesa Elementary School
Public District PK-5
1.0 mi
•801 Elizabeth St SE
3
Apache Elementary School
Public District PK-5
1.0 mi
•12800 Copper Ave NE
4
Tomasita Elementary School
Public District KG-5
1.6 mi
•701 Tomasita St 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 $47,427. Residents of Albuquerque, NM typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
38%
<35k
44%
35k-100k
14%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
48%
Single, No Kids
17%
Single, with Kids
20%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
8%
12-17 yrs old
26%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Horse Races
College Basketball
Soccer
Where do the neighbors shop?
Stein Mart
Dillards
Forever 21
Where do the neighbors go to eat?
LongHorn Steakhouse
Logan's Roadhouse
Dominos Pizza
What do the neighbors drive?
Buick
Hyundai
Mazda
What do the neighbors listen to?
Contemporary Inspirational
Rock
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 12709 Singing Arrow Ave SE in Albuquerque, NM and zip code 87123 in the Southeast Albuquerque neighborhood. This 3,168 square foot home, which was built in 1978, sits on a 0.15 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 28, 2025 and is currently priced at $415,000.
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. In February 2025 in Albuquerque, NM there were 9.4% less homes for sale than in January. While the average time on the market in February 2025 was 45 days, the median list price was $349,921.
From Rocket Homes Real Estate and based on county public records data.