538 Ortiz Drive SE Albuquerque, NM $ 405,000
538 Ortiz Drive SE
$ 405,000
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538 Ortiz Drive SE

Albuquerque, NM, 87108
$ 405,000
Bedrooms6 Baths3.0 Sq 3,360

Monthly Estimate*

$ 2,557

538 Ortiz Drive SE, Albuquerque, NM 87108 - Image 1
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538 Ortiz Drive SE, Albuquerque, NM 87108 - Image 9
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538 Ortiz Drive SE, Albuquerque, NM 87108 - Image 11

Multi-Family Home for sale in Albuquerque, NM

for $405,000 with 6 bedrooms and 3 full baths. This 3,360 square foot home was built in 1983 on a lot size of 0.16.

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.

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Multi-Family Active

Price

$ 405,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,377

Style

Lot Size

0.16

Year Built

1983

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1106770

Features
General
Heating Forced Air
Cooling Evaporative Cooling
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Free-Standing Electric Range Refrigerator
Security Features Security Gate
Construction Materials Stucco
Year Built 1983
Tenant Pays Electricity Gas
Stories Count 2
Levels Two
Property Subtype Multi Family
Community Features Laundry Facilities Storage Facilities
Accessibility None
County Bernalillo
New Construction false
Property Type Residential Income
Subdivision Name BARON BURG HEIGHTS MENDELSBERGS REPLAT BLK 7
Green Energy Generation None
Status Active
Directions South on San Mateo East on Bell Ave North on Ortiz Property on the right hand side
City Albuquerque
Disclosures 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 3377.86
Property Condition Resale
Builder Name Unkown
Standard Status Active
Year Built Source Public Records
Total Actual Rent 2162
Property Sub Type Additional Multi Family
Legal Description N/A
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Interior
Flooring Laminate
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 6
Total Baths 3
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Exterior
Exterior Amenities Lighting
Total Parking 4
Number of Buildings 1
Building Area Total 3360
Lot Size Acres 0.16
Lot Size Source Public Records
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* Excluded Features
List By
Fortunata Civerolo

Listing Agent

Southwest Property Exchange

Broker

fyciverolo@gmail.com

Email

Affordability Calculator

$2,839
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,557
Monthly Property Taxes
$281
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/6/2026$405,000 Listed Price

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538 Ortiz Drive SE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $405,000 with 3,360 sqft and a lot size of 0.16. 538 Ortiz Drive SE has 6 bedrooms, 3.0 baths, and was built in 1983. The property's zip code is 87108 which is in Albuquerque, NM