$4,928 Closing Credit¹
#1079101, Nickolas Timothy Chavez, Listing Office: Rhino Realty Property Mgmt LLC
$428,763 List price
12715 Dunes Rd SE Albuquerque, NM 87123
$5,092
Closing credit¹
2 beds
1 bath
3,928 sqft
0.2 acres
$109 / sqft
Multi-Family
Property details
About 12715 Dunes Rd SE
Each unit contains a large two bedroom, one bathroom unit with fireplace and washer/dryer connections. Downstairs units have a private backyard area.The site offers an abundance of off-street and on-street parking and is very visible due to its elevation over the other buildings in the area.A recently vacated unit is available for an owner-occupant and features brand new refrigerator, stove and dishwasher.At the current average rents of $863, and an ask price of $428,763 the measures of investment performance include a price per unit of $107,191, price per square foot of $109.16, a GRM of 10.36, an after reserves cap rate of 5.89%.If rents are raised to the market average of $1,200, the measures of investment performance improve to a before reserves cap rare of 8.74%.
Highlights
Home typeQuadruplex
HeatingCentral, Forced Air
StatusActive
CoolingEvaporative Cooling
Size3,928 sqft
Lot size0.22 Acres
Year built1980
MLS #1071142
Summary
- MLS Number: 1071142
- 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: 3/12/2025, 7:20:48 PM 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
$428,763
12715 Dunes Rd SE
$5,092
closing credit¹
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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 | $55,561 | $2,374 |
| 2022 | $53,943 | $2,294 |
| 2021 | $52,372 | $2,217 |
| 2020 | $50,847 | $2,181 |
| 2019 | $49,366 | $2,041 |
| 2018 | $47,928 | $1,987 |
| 2017 | $46,728 | $1,987 |
History based on county public records data.
Nearby schools
3
Apache Elementary School
Public District PK-5
0.9 mi
•12800 Copper Ave NE
5
Manzano Mesa Elementary School
Public District PK-5
1.1 mi
•801 Elizabeth St SE
4
Tomasita Elementary School
Public District KG-5
1.5 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 $27,339. The majority of Albuquerque, NM residents have income less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
64%
<35k
34%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
51%
Single, No Kids
32%
Single, with Kids
6%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
8%
12-17 yrs old
35%
18-34 yrs old
30%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Little Caesars
What do the neighbors drive?
Honda
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
News
All data provided by Home Junction and Claritas
Similar homes for sale
$6,222 Closing Credit¹
#1062290, Todd D Clarke, Listing Office: NM Apartment Advisors, Inc.
This home is located at 12715 Dunes Rd SE in Albuquerque, NM and zip code 87123 in the Southeast Albuquerque neighborhood. This 3,928 square foot home, which was built in 1980, sits on a 0.22 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 1, 2024 and is currently priced at $428,763.
In February 2025 more than 76 listings in Albuquerque, NM were sold above the asking price. During the same period more than 135 listings were sold at asking price, while more than 207 were sold below. The number of listings in Albuquerque, NM decreased by 9.4% between January and February 2025. In February 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $349,921.
From Rocket Homes Real Estate and based on county public records data.