536 Palomas Drive
Albuquerque, NM 87108
4
Bed
2
Bath
3,136Sqft
0.16Acre(Lot)
Excellent investment opportunity! This well-maintained 4-plex at 536 Palomas Dr SE generates $3,900/month in gross rental income. Unit mix includes four 2 bed/1 bath units. Features include off-street parking, private enclosed courtyards, newer windows, and newer stucco. A turnkey addition to any investment portfolio with strong cash flow.532 Palomas Dr SE is also for sale and can be bought together.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 2 -
Flooring Information
Tile -
Interior Features
Appliances: Free-Standing Electric Range, Refrigerator Laundry Features: Laundry Room, Washer Hookup, In Unit -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Evaporative Cooling
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Building Information
Year Built: 1979 Building Area Total: 3136 Stories: 2 Private Pool: No
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Lot Information
Lot Size Acres: 0.16 Lot Size Source: Public Records Lot Size Square Feet: 6752Property Information
Subdivision: Of Baron Burg Heights Add Source Property Type: Residential Income Postal Code Plus 4: 3650 Zoning Description: MX-M* Property SubType: Quadruplex Levels: Two Property Age: 47
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Listing Price Information
Listing Price: $420000 Cash, Conventional, FHA, VA Loan
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Tax Information
Parcel Number: 101805610847922820 Annual Tax: $3599.7
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Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected -
Location Information
Direction: Head east on Central Ave SE toward Alvarado Dr SE. Turn right at the first major cross street onto Alvarado Dr SE.T urn left onto Zuni Rd SE.Turn right at the next street onto Palomas Dr SE. Continue south down the block. Security Features: Security Gate
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 217 General Stilwell St.., Albuquerque, NM, 87108 | $425,155 | 7 | 4 | 3,200 | 0.17 Acre |
| 8600 Zuni Road, Albuquerque, NM, 87108 | $1,594,615 | 3 | 2 | 16,020 | 1 Acre |
| 211 Texas Street, Albuquerque, NM, 87108 | $349,900 | 6 | 4 | 2,500 | 0.16 Acre |
| 209 Texas Street, Albuquerque, NM, 87108 | $349,900 | 7 | 4 | 2,650 | 0.16 Acre |
| 325 Tennessee Street, Albuquerque, NM, 87108 | $299,900 | 6 | 3 | 2,304 | 0.16 Acre |
| 428 Rhode Island Street, Albuquerque, NM, 87108 | $329,900 | 6 | 3 | 2,250 | 0.14 Acre |
| 513 Utah Street, Albuquerque, NM, 87108 | $215,000 | 2 | 1 | 1,536 | 0.16 Acre |
| 336 Rhode Island Street, Albuquerque, NM, 87108 | $255,000 | 2 | 1 | 2,375 | 0.16 Acre |
| 308 Charleston Street, Albuquerque, NM, 87108 | $399,000 | 4 | 4 | -- | 0.19 Acre |
| 119 Charleston Street, Albuquerque, NM, 87108 | $299,000 | 3 | 3 | 1,784 | 0.16 Acre |
Similar Multifamily To 536 Palomas Drive
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Southwest Multiple Listing Service. All Rights Reserved.
ByOwner last updated this listing 09/06/2026 @ 16:48
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