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Two-Unit Duplex With Separate Entrances

12708 Copper Avenue NE Albuquerque, NM 87123

12708 Copper Avenue NE, Albuquerque, NM, 87123
$225,000
For Sale
$225,000

MULTI_FAMILY - Albuquerque, NM

Property Size2,200 SF
Lot Size0.09 Acres
Price / SF$102.27
Days on Market294

Property Features for 12708 Copper Avenue NE

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
1
Rooms
Bathroom 1, Bedroom 1, Bedroom 2
Appliances
Refrigerator
Standard status
Active
APN
102205728325441719
Size
2,200 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Description
3 PARCEL B-3 OF THE AMENDED & CORRECTED SUMMARY PLAT SHOWING PARCELS B-1 B-2
Tax Annual Amount
2137

Utilities

Heating system
Heat Pump (Heating)

Building Details

Year built
1978
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Carpet
Building materials
Frame
Listing agency NM Apartment Advisors, Inc.
Listed by Todd D Clarke · License #13711
Added: Oct 1, 2025 Updated: Jul 18 at 3:51AM Checked: Jul 21 at 7:06PM
MLS# 1092204

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.


Investment Insights

Based on property information with market context.

This two-unit duplex offers two-bedroom, one-bath layouts with separate front and rear entrances for each unit. Both units include an internal laundry room, and the two units are stacked vertically. Each unit is separately metered for electric and gas, supporting tenant-by-tenant utility billing. The upper-floor unit is currently vacant and needs some work to become rent-ready.

The property is located at 12708 Copper Avenue NE in Albuquerque, NM 87123. The duplex is adjacent to two similar duplexes, creating a compact residential income setting within the immediate area.

As an owner-occupied or investor-friendly setup, the duplex configuration provides independence between units through separate entrances and individual utility metering. With one unit already vacant, an operator can address the remaining readiness needs for a quicker path to occupancy, while continuing to maintain the other unit as currently established. This is a straightforward income property with a consistent unit mix and practical day-to-day considerations for residents.

Key Highlights

  • Two 2‑bedroom, 1‑bath units with stand‑alone front and rear entrances
  • Each unit has its own internal laundry room
  • Units are stacked and adjacent to two similar duplexes

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $30.4k $13.80
− Vacancy −$1.7k −$0.76
EGI $28.7k $13.04
− OpEx −$8.6k −$3.91
NOI $20.1k $9.13
2,200 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$286.9K
$251.0K – $334.7K (±1% cap)
NOI $20,083 @ 7.0% cap · market cap 8.93%
Second Best
Apartment 5plus
$265.5K
$232.3K – $309.7K (±1% cap)
NOI $18,583 @ 7.0% cap · market cap 8.26%
Theoretical Best
Office A
$532.2K
$465.7K – $620.9K (±1% cap)
NOI $37,256 @ 7.0% cap · market cap 16.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Parking Lot & Garage Nail Salon Hair Salon Building Supply Electrical Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

FAQs

What type of property is this?
Duplex - Two-bedroom units feature stand-alone front and rear access and in-unit laundry, with separate electric and gas metering.
Where is this duplex located?
The property is located at 12708 Copper Avenue NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units with stand‑alone front and rear entrances; Each unit has its own internal laundry room; Units are stacked and adjacent to two similar duplexes
Contact an agent
More about this property
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