540 Ortiz Drive
Albuquerque, NM 87108
6
Bed
3
Bath
3,360Sqft
0.16Acre(Lot)
Strong investment opportunity in a desirable rental corridor just a 10-minute drive to UNM and Nob Hill. This property features 2-bedroom, 1-bathroom units that are individually metered for gas and electric, helping support efficient tenant utility management. The property shares a courtyard with 538 Ortiz (MLS# 1106770) , creating potential for a combined acquisition and stronger portfolio presence. The seller prefers to sell both properties together. Please do not disturb tenants. Showings are subject to an accepted offer.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 3 -
Flooring Information
Laminate -
Interior Features
Appliances: Free-Standing Electric Range, Refrigerator Laundry Features: Common Area -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Evaporative Cooling
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Building Information
Year Built: 1983 Building Area Total: 3360 Construction Materials: Stucco Stories: 2 Private Pool: No -
Exterior Features
Exterior Features: Lighting
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Lot Information
Lot Size Acres: 0.16 Lot Size Source: Public Records Lot Size Square Feet: 6752Property Information
Subdivision: BARON BURG HEIGHTS MENDELSBERGS REPLAT BLK 7 Source Property Type: Residential Income Postal Code Plus 4: 3677 Zoning Description: R-MH* Property SubType: Multi Family Levels: Two Property Age: 43
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Listing Price Information
Listing Price: $405000 Cash, Conventional
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Tax Information
Parcel Number: 101805604247522622 Annual Tax: $3424.08 Tax Legal Desc: N/A
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Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected -
Location Information
Direction: South on San Mateo, East on Bell Ave, North on Ortiz, Property on the right hand side 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 |
|---|---|---|---|---|---|
| 8600 Zuni Road, Albuquerque, NM, 87108 | $1,793,434 | 3 | 2 | 16,020 | 16,020 SqFt |
| 209 Texas Street, Albuquerque, NM, 87108 | $349,900 | 7 | 4 | 2,650 | 2,650 SqFt |
| 325 Tennessee Street, Albuquerque, NM, 87108 | $299,900 | 6 | 3 | 2,304 | 2,304 SqFt |
| 240 San Pablo Street, Albuquerque, NM, 87108 | $324,655 | 5 | 4 | 2,760 | 2,760 SqFt |
| 501-505 Mesilla Street, Albuquerque, NM, 87108 | $560,000 | 10 | 6 | -- | |
| 433 Mesilla & 437 (4 Lo.., Albuquerque, NM, 87108 | $2,323,232 | 3 | 2 | 14,688 | 14,688 SqFt |
| 633 Grove Street, Albuquerque, NM, 87108 | $250,000 | 2 | 2 | -- | |
| 636 San Pablo Street, Albuquerque, NM, 87108 | $250,000 | 2 | 2 | 1,242 | 1,242 SqFt |
| 613 Mesilla Street, Albuquerque, NM, 87108 | $1,397,298 | 14 | 14 | 6,408 | 6,408 SqFt |
| 635 Mesilla Street, Albuquerque, NM, 87108 | $798,456 | 8 | 8 | 2,688 | 2,688 SqFt |
Similar Multifamily To 540 Ortiz Drive
Nearby For Sale
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ByOwner last updated this listing 07/16/2026 @ 16:13
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