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    12120 Candelaria Rd NE Albuquerque, NM 87112

    New
    For Sale
    $700,000

    MULTI_FAMILY - Albuquerque, NM

    Lot size:
    0.33 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 12120 Candelaria Rd NE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    2
    APN
    102205935653712540
    Parking
    6
    Appliances
    Refrigerator
    Lot size
    0.33 Acres

    Utilities

    Heating system
    Central, Forced Air

    Building Details

    Year built
    1989
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Carpet
    Building materials
    Frame, Stucco

    NM Apartment Advisors Inc. (505) 440-8633 [email protected]

    Listing agent Todd D Clarke (505) 440-8633 License #13711

    Listing date Dec 3, 2025

    MLS# 1078050 Listing URL

    Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Albuquerque Multifamily Investment Opportunity

    This multifamily property in Albuquerque, NM, consists of two fourplexes. At 12100 Candelaria NE, each apartment is separately metered for gas and electric and laid out in a courtyard style format. At 12120 Candelaria NE, each townhouse-style apartment contains two bedrooms and one bathroom upstairs; half also have a bathroom and laundry room downstairs. These units are also separately metered for gas and electric. A large parking lot accommodates plenty of off-street parking. The lot size is 0.33 acres. At the listed price of $600,000 and average rents of $1,200, 12100 Candelaria NE has a GRM of 10.42, a 6.28% cap rate, $150,000 per unit, and $242/sf. At the listed price of $700,000 and average rents of $1,300, 12120 Candelaria NE has a GRM of 11.22 and a 5.70% cap.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.503734
    Latitude
    35.115814

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    FAQs

    What type of property is this?
    Quadplex - Two fourplexes with separate meters and ample parking.
    Where is this quadplex located?
    The property is located at 12120 Candelaria Rd NE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - Two fourplexes being sold together with a $100,000 price reduction.; - Each apartment is separately metered for gas and electric.; - Townhouse-style apartments at 12120 Candelaria NE feature two bedrooms and one bathroom upstairs, with some units also having a half bathroom and laundry room downstairs.
    (505) 440-8633
    Request Owner's contact information
    12120 Candelaria Rd NE Albuquerque, NM 87112
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    Albuquerque, NM 87112
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12120 Candelaria Rd NE Albuquerque, NM 87112
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