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Two-Story Multifamily Townhouse Property
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2306 Chelwood & 12008 Phoenix NE, Albuquerque, NM 87112

Townhouse-style units provide two bedrooms, one-and-a-half bathrooms, laundry rooms, and private outdoor areas.

Property SizeContact for details
Days on Market146

Property Features for 2306 Chelwood & 12008 Phoenix NE

General Information

Standard status Active
Property subtype Multifamily

Building Details

Stories 2
Listing Agency: N.M. Apartments, Inc.
Listed By: Todd Clarke · License #13711
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 12:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of N.M. Apartments, Inc.

Investment Insights

Based on property information with market context.

This multifamily property consists of two-story townhouses designed with condo-quality construction and a single-family-style layout. Each apartment includes 2 bedrooms, 1.5 bathrooms, a laundry room, and a private backyard or porch area.

The property is positioned in Albuquerque’s northeast heights near mountain trails, major shopping areas, schools, restaurants, and employment centers.

Key Highlights

  • Two‑story townhouses with condo‑quality construction
  • Each apartment includes 2 bedrooms and 1.5 bathrooms
  • Private backyard or porch area for each unit

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Bakery Veterinary Clinic Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,115
Businesses Nearby

Demographics for 87112, NM

42,487
Population
20,083
Households
2.1
Avg Household Size
42
Median Age
38%
College-Educated
94%
High-School Grad
8.1 sq mi
ZIP Area
5,245
Density / Sq Mi
$69,610
Median Household Income
$41,427
Median Earnings
$1,056
Median Rent
$254,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Townhouse-style units provide two bedrooms, one-and-a-half bathrooms, laundry rooms, and private outdoor areas.
Where is this multifamily property located?
The property is located at 2306 Chelwood & 12008 Phoenix NE Albuquerque, NM.
What are key features of this property?
This property features: Two‑story townhouses with condo‑quality construction; Each apartment includes 2 bedrooms and 1.5 bathrooms; Private backyard or porch area for each unit
(505) 440-8633 Call to check price and availability
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