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538 Ortiz Drive SE
Albuquerque, NM 87108
$405,000
6 bd • 3 ba • 3,360 sqft • 0.16 acres
2 Story
Stories
$121
Per SQFT
1983
Year Built
07/06/2026
Listing Date
1106770
Listing #
87108
Zip Code
About This Property
Strong investment opportunity in a desirable rental corridor just a 10-minute drive to UNM and Nob Hill. This property features 2-bedroom, 1-bathroom units that are individually metered for gas and electric, helping support efficient tenant utility management. The property shares a courtyard with 540 Ortiz (MLS# 1106771), creating potential for a combined acquisition and stronger portfolio presence. The seller prefers to sell both properties together. Please do not disturb tenants. Showings are subject to an accepted offer.
Interior
Bathrooms Total:
3
Appliances:
Free-Standing Electric Range, Refrigerator
Flooring:
Laminate
Building And Construction
Property Type:
Residential Income
Property Sub Type:
Multi Family
Property Sub Type Additional:
Multi Family
Building Area Total:
3,360 sqft
Year Built:
1983
Construction Materials:
Stucco
Builder Name:
Unkown
Levels:
Two
Number Of Units Total:
4
Stories:
2
Property Condition:
Resale
Exterior And Lot
Lot Size Acres:
0.16
Lot Size Square Feet:
6,752 sqft
Exterior Features:
Lighting
Parking Total:
4
Provisional
MLS #:
1106770
Listing Terms:
Cash, Conventional
Number Of Buildings:
1
Owner Pays:
Sewer, Trash Collection, Water
Tenant Pays:
Electricity, Gas
Total Actual Rent:
2162
Area And Schools
Community Features:
Laundry Facilities, Storage Facilities
City:
Albuquerque
Postal Code:
87108
MLS Area Major:
Southeast Heights
Subdivision:
BARON BURG HEIGHTS MENDELSBERGS REPLAT BLK 7
County:
Bernalillo
Parcel Number:
101805604246922601
Utilities
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling:
Evaporative Cooling
Heating:
Forced Air
Heating (Y/N):
Yes
Location
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Directions: South on San Mateo, East on Bell Ave, North on Ortiz, Property on the right hand side
Mortgage Calculator
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Monthly Payment**:
** All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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Listing courtesy of Southwest Property Exchange
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Daria Derebera
Real Estate Broker in Albuquerque, NM