$420,000
8 bds · 4 ba · 3,136 sqft
532 Palomas Drive SE, Albuquerque, 87108
Call/text
(505) 521 8550
us for more information
540 Ortiz Drive SE
Albuquerque, NM 87108
This property is not for sale.
Sold on 09.02.2026 for $379,900
6
Beds
3
Baths
3,360
SqFt Home
2
Stories
1983
Year Built
6,752
SqFt Lot
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… Show more
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 538 Ortiz (MLS# 1106770) , 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.
Property details for 540 Ortiz Drive SE
Interior
Bedrooms Total:
6
Bathrooms Total:
3
Appliances:
Free-Standing Electric Range, Refrigerator
Flooring:
Laminate
Exterior and lot
Lot Size Acres:
0.16
Lot Size:
6,752 sqft
Exterior Features:
Lighting
Building and construction
Property Type:
Residential Income
Property Sub Type:
Quadruplex
Property Sub Type Additional:
Quadruplex
Building Area Total:
3,360 sqft
Year Built:
1983
Construction Materials:
Stucco
New Construction:
No
Builder Name:
Unkown
Levels:
Two
Number Of Units Total:
4
Stories:
2
Property Condition:
Resale
Provisional
MLS #:
1106771
Listing Terms:
Cash, Conventional
Number Of Buildings:
1
Owner Pays:
Sewer, Trash Collection, Water
Tenant Pays:
Electricity, Gas
Total Actual Rent:
2300
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:
101805604247522622
Community:
Nob Hill
Utilities
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling:
Evaporative Cooling
Heating:
Forced Air
Heating (Y/N):
Yes
Map location for 540 Ortiz Drive SE, Albuquerque, NM 87108
Directions: South on San Mateo, East on Bell Ave, North on Ortiz, Property on the right hand side
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540 Ortiz Drive SE, Albuquerque, NM 87108 listed as MLS #1106771.
This 6 bedroom 3,360 sqft Residential Income built in 1983 located in Albuquerque NM 87108.
540 Ortiz Drive SE was sold for $379,900 as MLS #1106771 courtesy of Southwest Property Exchange Fortunata Civerolo.
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-commercial use and may not be used for any purpose other than identifying properties
which consumers may be interested in purchasing.
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About Nob Hill
Nob Hill is a historic Albuquerque neighborhood east of the University of New Mexico, running from Lomas Boulevard south to Garfield Avenue and Zuni Road, and from Girard Boulevard east to Washington Street. Six residential additions were laid out here between the 1900s and the 1940s, among them D.K.B.
Read about Nob Hill Community.Connect with a local Nob Hill real estate agent
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