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3-Unit Triplex with Private Yards
For Sale
$415,000

8700 Northeastern Boulevard NE, Albuquerque, NM 87112

Residential Income, Albuquerque, NM

Property SizeContact for details
Lot Size0.21 Acres
Days on Market106

Property Features for 8700 Northeastern Boulevard NE

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning R-MH*
Bedrooms 6
Full bathrooms 3
Rooms Bathroom 1, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 2
Subdivision Snow Heights Add
Directions From Menaul and Wyoming, south on Wyoming, east on Northeastern to property on the right.
Standard status Active
APN 102005910008030215
Lot size 0.21 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description 025 140Snow Heights Addition
Tax Annual Amount 10437
Legal Description 025 140Snow Heights Addition

Amenities

hickory cabinets
laminate countertops
white appliances
electric range
microwave
refrigerator
carpet and tile flooring
evaporative cooling
wall heater
stackable washer and dryer
front courtyard
private walled backyard
exterior storage closet

Building Details

Year built 1959
Number of units 3
Buildings 1
Listing Agency: Keller Williams Realty
Listed By: The Bader RE Team · License #47250
Added: Jul 23 Changed: Nov 4 Last Checked: Nov 5 at 2:06PM
MLS# 1111186

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.

This 1959 triplex contains three residences of approximately 775 square feet apiece, each arranged with two bedrooms and one full bath. Interior features include hickory cabinetry, laminate counters, white kitchen appliances, carpet and tile floors, evaporative cooling, and a wall heater. Each residence also has a stackable washer and dryer, a front courtyard, a walled private backyard, an exterior storage closet, and two parking spaces.

The property occupies 0.21 acres in Albuquerque’s Snow Heights area and is zoned R-MH*. Residents pay electric and gas, while water, sewer, trash, and maintenance are covered by the owner. Shopping and dining options are nearby.

Key Highlights

  • Three residences, each approximately 775 square feet with 2 bedrooms and 1 full bath
  • 0.21‑acre parcel zoned R‑MH*
  • Built in 1959

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,126
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
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?
Triplex - All three residences are occupied and feature two bedrooms, one full bath, and in-unit laundry.
Where is this triplex located?
The property is located at 8700 Northeastern Boulevard NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Three residences, each approximately 775 square feet with 2 bedrooms and 1 full bath; 0.21‑acre parcel zoned R‑MH*; Built in 1959
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