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4-Unit Multifamily Property
For Sale
$500,000

12704 Dunes Road SE, Albuquerque, NM 87123

Residential Income, Albuquerque, NM

Property SizeContact for details
Lot Size0.14 Acres
Days on Market83

Property Features for 12704 Dunes Road SE

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning R-ML*
Bedrooms 14
Full bathrooms 28
Rooms Bathroom 4, Bedroom 10, Bedroom 12, Bathroom 1, Bathroom 11, Bathroom 19, Bedroom 9, Bedroom 11, Bedroom 6, Bathroom 9, Bedroom 4, Bathroom 2, Bathroom 13, Bathroom 20, Bathroom 3, Bathroom 7, Bathroom 17, Bathroom 25, Bathroom 28, Bedroom 14, Bedroom 1, Bedroom 13, Bedroom 2, Bathroom 6, Bathroom 21, Bathroom 26, Bathroom 15, Bathroom 12, Bathroom 27, Bathroom 16, Bedroom 5, Bathroom 24, Bedroom 8, Bathroom 10, Bathroom 14, Bathroom 18, Bathroom 22, Bathroom 23, Bathroom 5, Bedroom 7, Bathroom 8, Bedroom 3
Subdivision Singimg Arrow Subd
Directions South on Tramway from I-40. Right (west) on Central Avenue. Left (south) onto Dorado Place, and keep to the right on Dorado. Take a right (west) on Dunes.
Standard status Active
APN 102205624228720436
Lot size 0.14 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description 14 Singimg Arrow Subd Replat Of Tract J Dorado Village & Lo Ts 1 & 2 Blk H Can
Tax Annual Amount 2606
Legal Description 14 Singimg Arrow Subd Replat Of Tract J Dorado Village & Lo Ts 1 & 2 Blk H Can

Building Details

Year built 1978
Number of units 4
Listing Agency: Coldwell Banker Legacy · Coldwell Banker Real Estate
Listed By: Aimee Romero · License #44382
Added: Aug 13 Changed: Nov 2 Last Checked: Nov 3 at 12:06AM
MLS# 1109481

Copyright © 2026 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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1978, this four-unit multifamily property sits on a 0.14-acre lot and is fully rented. Interior finishes include a mix of tile and carpet, and the units have newer coolers. The roof and windows are each approximately 2 years old. The property is offered as-is and has R-ML* zoning.

Freeway access is nearby, along with grocery stores, retail and shopping, movie theaters, coffee shops, and the Singing Arrow Community Center. The property is in Albuquerque, New Mexico.

Key Highlights

  • Four‑unit multifamily property built in 1978
  • Fully rented
  • 0.14‑acre lot with R‑ML* zoning

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

478
Businesses Nearby

Demographics for 87123, NM

44,110
Population
20,533
Households
2.1
Avg Household Size
40
Median Age
33%
College-Educated
89%
High-School Grad
28.9 sq mi
ZIP Area
1,526
Density / Sq Mi
$61,552
Median Household Income
$35,867
Median Earnings
$995
Median Rent
$236,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - All residences are occupied, with tile and carpet flooring and newer coolers.
Where is this quadplex located?
The property is located at 12704 Dunes Road SE Albuquerque, NM.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Four‑unit multifamily property built in 1978; Fully rented; 0.14‑acre lot with R‑ML* zoning
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