About 517 Palomas Drive Se
4 UNITS!!!! Two adjacent 4-plexes at 517 and 521 Palomas Drive SE in Southeast Albuquerque are offered at $450,000 each and can be sold together for a combined $900,000. Consist of 2B/1B x2 units & 1B/1B x2 units. This well-maintained 4-unit portfolio is located in a strong rental area and features low-maintenance brick construction with secured gated parking. Units have been updated with new appliances, in-unit washers and dryers, fresh paint, upgraded plumbing, new furnaces, a swamp cooler, enhanced security gates, and a 2017 roof. With one unit currently vacant, investors have the option to capture immediate upside at market rent or to leverage a house-hack model by occupying a unit while collecting income from the others.
Residential Income property for sale in Albuquerque, NM at 517 Palomas Drive Se. This 2 bedroom Residential Income property is priced at $141/sqft
Features of 517 Palomas Drive Se
| MLS® # | 1091367 |
|---|---|
| Price | $434,900 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Square Footage | 3,080 |
| Acres | 0.15 |
| Year Built | 1963 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information: Albuquerque
| Address | 517 Palomas Drive Se |
|---|---|
| Area | 71 - Southeast Heights |
| City | Albuquerque |
| County | Bernalillo |
| State | NM |
| Zip Code | 87108 |
Amenities of 517 Palomas Drive Se
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior of 517 Palomas Drive Se
| Interior | Tile |
|---|---|
| Interior Features | Ceiling Fan(s) |
| Appliances | Dryer, Disposal, Refrigerator, Range Hood, Washer |
| Heating | Central, Forced Air |
| Cooling | Evaporative Cooling, Ceiling Fan(s) |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior of 517 Palomas Drive Se
| Exterior Features | Lighting |
|---|---|
| Construction | Brick, Brick Veneer |
Additional Information On 517 Palomas Drive Se
| Date Listed | September 13th, 2025 |
|---|---|
| Days on Market | 30 |
| RE / Bank Owned | No |
Listing Details
| Office | Congress Realty, Inc |
|---|
Listing Map
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