1037 Palomas Drive SE Albuquerque, NM ^$ 425,000

1037 Palomas Drive SE

^$ 425,000

Back to search

Recently Listed

1037 Palomas Drive SE

Albuquerque, NM, 87108

^$ 425,000

Bedrooms7 Baths4.0 Sq 3,484

Monthly Estimate*

^$ 2,617

1037 Palomas Drive SE, Albuquerque, NM 87108 - Image 1

1037 Palomas Drive SE, Albuquerque, NM 87108 - Image 2

1037 Palomas Drive SE, Albuquerque, NM 87108 - Image 3

1037 Palomas Drive SE, Albuquerque, NM 87108 - Image 4

1037 Palomas Drive SE, Albuquerque, NM 87108 - Image 5

1037 Palomas Drive SE, Albuquerque, NM 87108 - Image 6

1037 Palomas Drive SE, Albuquerque, NM 87108 - Image 7

1037 Palomas Drive SE, Albuquerque, NM 87108 - Image 8

1037 Palomas Drive SE, Albuquerque, NM 87108 - Image 9

1037 Palomas Drive SE, Albuquerque, NM 87108 - Image 10

1037 Palomas Drive SE, Albuquerque, NM 87108 - Image 11

1037 Palomas Drive SE, Albuquerque, NM 87108 - Image 12

1037 Palomas Drive SE, Albuquerque, NM 87108 - Image 13

1037 Palomas Drive SE, Albuquerque, NM 87108 - Image 14

1037 Palomas Drive SE, Albuquerque, NM 87108 - Image 15

1037 Palomas Drive SE, Albuquerque, NM 87108 - Image 16

1037 Palomas Drive SE, Albuquerque, NM 87108 - Image 17

1037 Palomas Drive SE, Albuquerque, NM 87108 - Image 18

1037 Palomas Drive SE, Albuquerque, NM 87108 - Image 19

Multi-Family Home for sale in Albuquerque, NM

for $425,000 with 7 bedrooms and 4 full baths. This 3,484 square foot home was built in 1957 on a lot size of 0.19.

Discover the charm of this delightful 4 unit corner lot property in the heart of Albuquerque, NM. This residence seamlessly blends vintage character with modern updates. Freshly painted and featuring wood/vinyl/tile flooring throughout, the open floor plans creates a warm and inviting atmosphere perfect. Each unit has marketable private backyard and convenient w/d hookups in unit, adding appeal when seeking new renters. TPO roof installed near 2016.Located in a prime area near KAFB, this home provides easy access to local amenities, shops, and dining options, ensuring you're never far from what you need. Embrace the unique charm and convenience of this Albuquerque gem.

Multi-Family Active

Price

^$ 425,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,177

Style

Lot Size

0.19

Year Built

1957

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1104712

Features

General

Heating Floor Furnace

Cooling Evaporative Cooling

Utilities Cable Available Electricity Connected Natural Gas Connected Sewer Connected Water Connected

Appliances Free-Standing Electric Range Refrigerator

Construction Materials Stucco

Year Built 1957

Tenant Pays Electricity Gas

Stories Count 1

Levels One

Property Subtype Quadruplex

Community Features Storage Facilities

Accessibility None

County Bernalillo

New Construction false

Property Type Residential Income

Green Energy Generation None

Status Active

Directions Going East on gibson turn left (north) on palomas. Property will be on left hand side.

City Albuquerque

Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure

Zoning Description R-ML*

Number Of Units Total 4

MLS Area 71 - Southeast Heights

Lot Size Square Feet 8276.4

Listing Terms Cash Conventional

Tax Annual Amount 3177.16

Property Condition Resale

Builder Name Unkown

Standard Status Active

Total Actual Rent 4356

Property Sub Type Additional Quadruplex

Interior

Flooring Tile Vinyl Wood

Air Conditioning Y/N true

Heating Y/N true

Laundry Features Washer Hookup Dryer Hookup ElectricDryer Hookup In Unit

Total Bedrooms 7

Total Baths 4

Exterior

Number of Buildings 1

Building Area Total 3484

Lot Size Acres 0.19

Lot Size Source Estimated

* Excluded Features

List By

Marc Anthony Romero

Listing Agent

Beyond Real-Estate

Broker

mr.elysiumrealty@outlook.com

Affordability Calculator

$2,882

Per Month

Monthly Principal & Interest: $2,617
Monthly Property Taxes: $265
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Albuquerque, NM

Average List Price ^$693,830

Percent of Sale Price 63%

About Albuquerque, NM

565,162 Population

25% Since 2002

^$49,805 Median Income

36.92 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/3/2026	$425,000		Listed Price

Map

More homes like this one

homes for you

See all

1037 Palomas Drive SE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $425,000 with 3,484 sqft and a lot size of 0.19. 1037 Palomas Drive SE has 7 bedrooms, 4.0 baths, and was built in 1957. The property's zip code is 87108 which is in Albuquerque, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/4/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1037 Palomas Drive SE

Multi-Family Home for sale in Albuquerque, NM

Affordability Calculator

Map

More homes like this one

Get more info about this home