517 Palomas Drive SE Albuquerque, NM $ 385,000
517 Palomas Drive SE
$ 385,000
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517 Palomas Drive SE

Albuquerque, NM, 87108
$ 385,000
Bedrooms6 Baths4.0 Sq 3,040

Monthly Estimate*

$ 2,371

517 Palomas Drive SE, Albuquerque, NM 87108 - Image 1
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Multi-Family Home for sale in Albuquerque, NM

for $385,000 with 6 bedrooms and 4 full baths. This 3,040 square foot home was built in 1963 on a lot size of 0.16.

Durable brick 4-unit investment property designed for low maintenance and long-term ownership, conveniently located near major shopping centers, Kirtland AFB, and UNM area. Features a pitched shingle roof that adds durability and helps reduce exterior maintenance. Each unit offers a private backyard space, refrigerators and free-standing ranges, washer/dryer hookups, central forced-air heating, evaporative cooling, and full insulation for year-round efficiency. The property includes a security metal-gate for both vehicle and pedestrian access. A surveillance security system is currently in place and may be purchased separately from the seller. Property is being sold as-is and may be purchased individually or together with 521 Paloma as an expanded investment. Possible Section 8 qualifier

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Multi-Family Active

Price

$ 385,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,126

Style

Lot Size

0.16

Year Built

1963

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1100323

Features
General
Heating Electric
Cooling Evaporative Cooling
Utilities Electricity Connected Sewer Connected Water Connected
Appliances Cooktop Disposal
Patio/Porch Features Patio
Construction Materials Brick Stucco
Year Built 1963
Tenant Pays Other See Remarks
Stories Count 1
Levels One
Property Subtype Quadruplex
Community Features Gated Patio
Accessibility Wheelchair Access
County Bernalillo
New Construction false
Property Type Residential Income
Subdivision Name BARON BURG HEIGHTSHOLLINGBERRYS REPLATBLK 6
Green Energy Generation None
Status Active
Directions USE GPS
City Albuquerque
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description R-MH*
Number Of Units Total 4
MLS Area 71 - Southeast Heights
Lot Size Square Feet 6752
Listing Terms Cash Conventional
Tax Annual Amount 4126.42
Property Condition Resale
Additional Parcels Y/N true
Builder Name unknown
Standard Status Active
Year Built Source Public Records
Total Actual Rent 1900
Property Sub Type Additional Quadruplex
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Washer Hookup Dryer Hookup In Unit
Total Bedrooms 6
Total Baths 4
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Exterior
Exterior Amenities Patio
Number of Buildings 1
Building Area Total 3040
Lot Size Acres 0.16
Lot Size Source Public Records
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* Excluded Features
List By
K2 Omni Group

Listing Agent

Exp Realty, Llc

Broker

K2OmniKristina@gmail.com

Email

Affordability Calculator

$2,714
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,371
Monthly Property Taxes
$344
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/21/2026$385,000 Listed Price

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517 Palomas Drive SE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $385,000 with 3,040 sqft and a lot size of 0.16. 517 Palomas Drive SE has 6 bedrooms, 4.0 baths, and was built in 1963. The property's zip code is 87108 which is in Albuquerque, NM