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540 Ortiz Drive SE Albuquerque, NM $ 370,000
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$ 370,000 Get more info
540 Ortiz Drive SE
$ 370,000
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540 Ortiz Drive SE

Albuquerque, NM, 87108
$ 370,000
Bedrooms8 Baths4.0 Sq 3,360

Monthly Estimate*

$ 2,555

540 Ortiz Drive SE, Albuquerque, NM 87108 - Image 1
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Multi-Family Home for sale in Albuquerque, NM

for $370,000 with 8 bedrooms and 4 full baths. This 3,360 square foot home was built in 1983 on a lot size of 0.16.

Great investment opportunity just 10 minutes from UNM and Nob Hill! This property features 2-bedroom, 1-bathroom units, individually metered for gas and electricity. Vacant units need some TLC, offering value-add potential to improve rental income and property value. Shares a courtyard with 538 Ortiz (MLS# 1112703 ), creating an excellent opportunity for a combined investment. Seller prefers to sell both properties together. Owner financing may be available. Please do not disturb tenants. Contact the listing agent for showing access.

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Multi-Family Active

Price

$ 370,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,424

Style

Lot Size

0.16

Year Built

1983

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1112705
Features
General
Heating Forced Air
Cooling Evaporative Cooling
Utilities Cable Available Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Dishwasher Free-Standing Electric Range Refrigerator Range Hood Self Cleaning Oven
Security Features Security Gate
Construction Materials Frame Synthetic Stucco
Year Built 1983
Tenant Pays Electricity Gas
Stories Count 2
Levels Two
Property Subtype Quadruplex
Community Features Deck/Porch
County Bernalillo
New Construction false
Property Type Residential Income
Green Energy Generation None
Status Active
Directions use google map
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 FHA Owner May Carry
Tax Annual Amount 3424.08
Property Condition Resale
Builder Name unknown
Standard Status Active
Total Actual Rent 2300
Property Sub Type Additional Quadruplex
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Interior
Interior Amenities Skylights
Flooring Laminate
Air Conditioning Y/N true
Heating Y/N true
Window Features Skylight(s)
Total Bedrooms 8
Total Baths 4
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Exterior
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
Truc M Do

Listing Agent

More Realty, Inc

Broker

truc.do.realtor@gmail.com

Email

Affordability Calculator

$2,841
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,555
Monthly Property Taxes
$285
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/19/2026$370,000 Listed Price

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540 Ortiz Drive SE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $370,000 with 3,360 sqft and a lot size of 0.16. 540 Ortiz Drive SE has 8 bedrooms, 4.0 baths, and was built in 1983. The property's zip code is 87108 which is in Albuquerque, NM

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