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    517 Palomas Drive SE Albuquerque, NM 87108

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    For Sale
    $385,000

    MULTI_FAMILY - Albuquerque, NM

    Property size:
    3,040 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $126/SF
    Added:
    Mar 14, 2026
    Days on Market:
    56
    Last Refresh:
    May 8 at 2:06 am

    Property Features for 517 Palomas Drive SE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 5, Bathroom 4, Bedroom 2, Bedroom 6, Bedroom 4
    Patio and Porch features
    Patio
    Exterior features
    Patio
    Accessibility
    Accessible Approach with Ramp
    Appliances
    Cooktop, Disposal
    Standard status
    Active
    APN
    101805608950522708
    Size
    3,040 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4126

    Utilities

    Heating system
    Electric (Heating)

    Building Details

    Year built
    1963
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Tile
    Building materials
    Brick, Stucco

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    Listing Contact
    K2 Omni Group

    Listing agent K2 Omni Group License #50525, 20817

    Listing office EXP Realty, LLC 5700 University Blvd Ste 330, Albuquerque, NM

    Listing date Mar 14, 2026

    MLS# 1100323 Listing URL

    Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Low‑maintenance brick construction and pitched shingle roof designed for long‑term ownership.
    • Convenient location near major shopping centers, Kirtland AFB, and UNM area.
    • Each unit features a private backyard space and washer/dryer hookups.
    • Security metal gate for vehicle and pedestrian access.
    • Central forced‑air heating and evaporative cooling in each unit.
    • Full insulation for year‑round efficiency.

    Overview

    Albuquerque Multifamily Investment Opportunity

    This is a four-unit brick investment property designed for low maintenance and long-term ownership. The property is located near major shopping centers, Kirtland Air Force Base, and the University of New Mexico area. The building features a pitched shingle roof. Each unit includes a private backyard space, refrigerators, free-standing ranges, washer/dryer hookups, central forced-air heating, evaporative cooling, and full insulation. A security metal gate provides vehicle and pedestrian access. A surveillance security system is currently in place and may be purchased separately. The property is being sold as-is. The property is a possible Section 8 qualifier. The lot size is 0.16 acres. The property size is 3040 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.583355
    Latitude
    35.072108

    FAQs

    What type of property is this?
    Quadplex - Four-unit property near shopping, Kirtland AFB, and UNM.
    Where is this quadplex located?
    The property is located at 517 Palomas Drive SE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: Low‑maintenance brick construction and pitched shingle roof designed for long‑term ownership.; Convenient location near major shopping centers, Kirtland AFB, and UNM area.; Each unit features a private backyard space and washer/dryer hookups.
    More about this property
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