Two-Unit Duplex With Separate
For Sale
$225,000
12708 Copper Avenue NE, Albuquerque, NM 87123
MULTI_FAMILY - Albuquerque, NM
Property Size2,200 SF
Lot Size0.09 Acres
Price / SF$102.27
Days on Market304
Property Features for 12708 Copper Avenue NE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
MX-M*
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 2, Bathroom 1, Bedroom 1
Appliances
Refrigerator
Subdivision
3 PARCEL B-3 OF THE AMENDED & CORRECTED SUMMARY PL
Directions
From Tramway and I40 north to Copper west to property.
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
Legal Description
3 PARCEL B-3 OF THE AMENDED & CORRECTED SUMMARY PLAT SHOWING PARCELS B-1 B-2
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.
(505) 440-8633
Listed By:
Todd D Clarke · License #13711
(505) 440-8633
Added: Oct 1, 2025
Changed: Jul 28
Last Checked: Jul 30 at 11:06PM
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.
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
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
NOI $20,083 @ 7.0% cap · market cap 8.93%
Second Best
Apartment 5plus
$265.5K
$232.3K – $309.7K
NOI $18,583 @ 7.0% cap · market cap 8.26%
Theoretical Best
Office A
$532.2K
$465.7K – $620.9K
NOI $37,256 @ 7.0% cap · market cap 16.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
413
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
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
