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$425,000
42 Days On Site
517 PALOMAS Drive SEAlbuquerque, NM 87108
For Sale|Quadruplex|Active
2
Beds
1
Total Bath
3,080
SqFt
$138
/SqFt
1963
Built
County:
Bernalillo
Call Now: 505 401-7500
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505 401-7500
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Monthly Payment (Est.)
$1,939Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
4 UNITS!!!! Two adjacent 4-plexes at 517 and 521 Palomas Drive SE in Southeast Albuquerque are offered at $450,000 each and can be sold together for a combined $900,000. Consist of 2B/1B x2 units & 1B/1B x2 units. This well-maintained 4-unit portfolio is located in a strong rental area and features low-maintenance brick construction with secured gated parking. Units have been updated with new appliances, in-unit washers and dryers, fresh paint, upgraded plumbing, new furnaces, a swamp cooler, enhanced security gates, and a 2017 roof. With one unit currently vacant, investors have the option to capture immediate upside at market rent or to leverage a house-hack model by occupying a unit while collecting income from the others.
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Listing Snapshot
Price
$425,000
Days On Site
42 Days
Bedrooms
2
Inside Area (SqFt)
3,080 sqft
Total Baths
1
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.15 Acres
Year Built
1963
MLS® Number
1091367
Status
Active
Property Tax
$5,143.98
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Appraiser
Friends & Family
Recent Activity
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Price changed to $425,000 | |
| a month ago | Listing first seen on site |
General Features
Acres
0.15
Disclosures
Lead Based Paint Disclosure, Principal Is Real Estate Licensed, Ranm2100 Disclosure
Levels
One
Number Of Stories
1
Parking Spaces
4
Property Sub Type
Quadruplex
Security
Security Gate
SqFt Total
3080
Utilities
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Zoning
R-MH*
Interior Features
Appliances
DryerDisposalRefrigeratorRange HoodWasher
Cooling
Ceiling Fan(s)Evaporative Cooling
Flooring
Tile
Heating
CentralForced Air
Interior
Ceiling Fan(s)
Laundry Features
Laundry RoomWasher HookupElectric Dryer HookupIn Unit
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Exterior Features
Construction Details
BrickBrick Veneer
Exterior
Lighting
Community Features
Financing Terms Available
CashConventionalFHAVA Loan
MLS Area
71 - Southeast Heights
Listing courtesy of Congress Realty, Inc
Listing information is provided by Participants of the Southwest MLS, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Southwest MLS, Inc..
Data last updated at: 2025-10-26 06:10 AM UTC
Listing information is provided by Participants of the Southwest MLS, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Southwest MLS, Inc..
Data last updated at: 2025-10-26 06:10 AM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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