Renovated Duplex with Private
For Sale
$325,000
2612 Eubank Blvd NE, Albuquerque, NM 87112
Both residences offer refreshed interiors, dedicated laundry, storage, and individual outdoor space.
Property Size1,610 SF
Price / SF$201.86
Days on Market50
Property Features for 2612 Eubank Blvd NE
General Information
Standard status
Active
Size
1,610 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
private patio
private washer/dryer
storage room
Building Details
Year Built
1960
Listing Agency:
Double Eagle Real Estate
(505) 883-1414
Listed By:
Missy Ashcraft
(505) 362-6823
Source:
Missyashcraft
Added: Sep 4
Changed: Oct 21
Last Checked: Oct 20 at 8:05PM
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 Double Eagle Real Estate
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Investment Insights
Based on property information with market context.
Built in 1960, this 1,610-square-foot duplex contains two residences, each configured with 2 bedrooms and 1 full bath. Both units include a private patio, private washer and dryer, an individual storage room, updated windows, and refreshed paint and carpet. Unit A has received a more extensive renovation with a new kitchen, new bath, quartz countertops, and tile flooring.
The property is located at 2612 Eubank Blvd NE in Albuquerque, NM 87112. Its two-unit layout and separate household features provide a straightforward residential configuration with dedicated amenities for each residence.
The property is located at 2612 Eubank Blvd NE in Albuquerque, NM 87112. Its two-unit layout and separate household features provide a straightforward residential configuration with dedicated amenities for each residence.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 full bath in each unit
- 1,610 SF property built in 1960
- Private patio, washer/dryer, and storage room for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,697
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,940
$293.9K
Cap Rate 7%
$209,957
$210.0K
Cap Rate 9%
$163,300
$163.3K
Market Conditions
NOI Build-Up for 1,610 SF
Gross rent
$22.2K $13.80/SF
− Vacancy
−$1.2K −$0.76/SF
EGI
$21.0K $13.04/SF
− OpEx
−$6.3K −$3.91/SF
NOI
$14.7K $9.13/SF
Area
Albuquerque, NM
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,940
Cap Rate 7%
$209,957
Cap Rate 9%
$163,300
Alternative Uses
Best Use
Multifamily LT 5
$210.0K
$183.7K – $245.0K
NOI $14,697 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$194.3K
$170.0K – $226.7K
NOI $13,599 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$389.5K
$340.8K – $454.4K
NOI $27,264 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
663
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer refreshed interiors, dedicated laundry, storage, and individual outdoor space.
Where is this duplex located?
The property is located at 2612 Eubank Blvd NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 full bath in each unit; 1,610 SF property built in 1960; Private patio, washer/dryer, and storage room for each unit
