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4-Unit Residential Property
For Sale
$379,665

805 Ortiz Drive SE, Albuquerque, NM 87108

Residential Income, Albuquerque, NM

Property SizeContact for details
Lot Size0.19 Acres
Days on Market257

Property Features for 805 Ortiz Drive SE

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning R-MH*
Bedrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 4
Subdivision Esperanza Add
Directions From San Mateo East on Trumball, then south on Ortiz
Standard status Active
APN 101805602338720909
Lot size 0.19 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description Lot 14 & Lot 15 Blk 5 Exc The South 40 Ft Of Lt 15 Esperanza Addn Cont 8,100 Sq Ft M/L
Tax Annual Amount 2118
Legal Description Lot 14 & Lot 15 Blk 5 Exc The South 40 Ft Of Lt 15 Esperanza Addn Cont 8,100 Sq Ft M/L

Building Details

Year built 1945
Number of units 4
Listing Agency: LPT Realty
Listed By: Casa ABQ
Added: Feb 20 Changed: Nov 2 Last Checked: Nov 3 at 2:06AM
MLS# 1112836

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.

Rey
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Investment Insights

Based on property information with market context.

The four-unit property at 805 Ortiz Drive SE includes three 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. Updates in three units include kitchen cabinetry and countertops, bathroom surrounds and vanities, water heaters, wall heaters, and numerous windows. Refinished hardwood floors, fresh paint, and updated lighting are also present. The 2-bedroom unit has not been updated, and current rents are in place.

Built in 1945, the property occupies 0.19 acres in Albuquerque, New Mexico. Zoning is R-MH*.

Key Highlights

  • Four units: three 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit
  • Three units have updated kitchens and bathrooms, new water heaters and wall heaters, and numerous new windows
  • Refinished hardwood floors, fresh paint, and updated lighting

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

967
Businesses Nearby

Demographics for 87108, NM

36,773
Population
19,153
Households
1.9
Avg Household Size
39
Median Age
33%
College-Educated
85%
High-School Grad
5.9 sq mi
ZIP Area
6,233
Density / Sq Mi
$39,578
Median Household Income
$31,478
Median Earnings
$828
Median Rent
$227,600
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Three one-bedroom homes have updated interiors; the larger two-bedroom unit has not been renovated.
Where is this quadplex located?
The property is located at 805 Ortiz Drive SE Albuquerque, NM.
What is the asking price?
The asking price for this property is $379,665.
What are key features of this property?
This property features: Four units: three 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit; Three units have updated kitchens and bathrooms, new water heaters and wall heaters, and numerous new windows; Refinished hardwood floors, fresh paint, and updated lighting
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Includes: Price & PSF · Cap rate · Location · Zoning

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