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    816 Ortiz Dr SE Albuquerque, NM 87108

    Picture of Triplexes at Ortiz Dr SE 816, Albuquerque, NM
    For Sale
    $342,000

    MULTI_FAMILY - Albuquerque, NM

    Property size:
    2,470 SF
    Lot size:
    0.16 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 816 Ortiz Dr SE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
    Bedrooms
    2
    Bathrooms
    1
    APN
    101805604237421017
    Parking
    2
    Accessibility
    Accessible Approach with Ramp
    Appliances
    FreeStandingElectricRange, Refrigerator, RangeHood
    Size
    2,470 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Central, Forced Air

    Building Details

    Year built
    1972
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Tile
    Building materials
    Frame, Stucco

    Realty One of New Mexico (505) 883-9400 [email protected]

    Listing agent Anahi M Salcido (505) 480-1461 License #20470

    Listing date Dec 3, 2025

    MLS# 1095131 Listing URL

    Copyright © 2025 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.

    Overview

    Albuquerque Triplex with Courtyard

    This triplex property, located in Albuquerque, New Mexico, offers a residential income opportunity. The property features three separate units and a serene courtyard with a covered patio. Unit A includes an enclosed front yard, a single-car garage with extra storage space or workshop area, two additional parking spaces, and a large bathroom with a double vanity. Unit C has a private gated backyard with raised flower beds, a compost box, and two large storage sheds. All units provide at least one parking space. The property is conveniently located near Nob Hill, the University of New Mexico (UNM), Kirtland Airforce Base, and the VA Hospital. The property size is 2470 square feet, situated on a lot of 0.16 acres. All three units are currently leased.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.584821
    Latitude
    35.068513

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    FAQs

    What type of property is this?
    Triplex - Triplex near Nob Hill, UNM, and Kirtland Airforce Base.
    Where is this triplex located?
    The property is located at 816 Ortiz Dr SE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $342,000.
    What are key features of this property?
    This property features: - Triplex property offering income potential from three separate leased units.; - Convenient location near Nob Hill, UNM, Kirkland Airforce Base, and the VA Hospital.; - Unit A features an enclosed front yard, single-car garage with storage/workshop, and two additional parking spaces.
    (505) 480-1461
    Request Owner's contact information
    816 Ortiz Dr SE Albuquerque, NM 87108
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    Albuquerque, NM 87108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    816 Ortiz Dr SE Albuquerque, NM 87108
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