808 Ortiz Drive
Albuquerque, NM 87108
5
Bed
3
Bath
9,650Sqft
0.46Acre(Lot)
Metrics of investment performance at the ask price of $1,424,506 include a price per sf of $129, a price per unit of $118,709, and with current rents at $1,134 per month, it generates a GRM of 8.73, a cap rate after reserves of 6.86% and an after tax IRR of 15.10%.804 & 808 Ortiz SE both feature two-story town home style apartments, which are separately metered for gas and electric and come with bonus, updated detached storage closets. All apartments offer pragmatic floor plans that are significantly larger than other 2 bedrooms in the submarket. Downstairs, residents enjoy spacious, multi-functional living areas, galley kitchens with all appliances (including dishwashers), separate utility rooms with full size washer / dryers, and private backyards & patio spaces. Upstairs, residen
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 3 -
Flooring Information
Vinyl -
Interior Features
Appliances: Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Evaporative Cooling
-
Building Information
Year Built: 1972 Building Area Total: 9650 Construction Materials: Block, Frame, Stucco Stories: 2 Private Pool: No
-
Lot Information
Lot Size Acres: 0.46 Lot Size Source: Public Records Lot Size Square Feet: 19885 Lot Description: LandscapedProperty Information
Subdivision: Lots 2, 3 & 4, Block 6, Esparanza Addition Source Property Type: Residential Income Postal Code Plus 4: 3659 Zoning Description: R-ML* Property SubType: Multi Family Levels: Two Property Age: 54
-
Listing Price Information
Listing Price: $1424506 Cash, Conventional
-
Tax Information
Parcel Number: 101805604238321015 Annual Tax: $10569 Tax Legal Desc: Lots 2, 3 & 4, Block 6, Esparanza Addition
-
Virtual Tour
-
Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected -
Location Information
Direction: From I-25 and Gibson, east to Ortiz, north to property.
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
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 |
| 211 Texas Street, Albuquerque, NM, 87108 | $349,900 | 6 | 4 | 2,500 | 2,500 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 |
| 513 Utah Street, Albuquerque, NM, 87108 | $225,000 | 2 | 1 | 1,536 | 1,536 SqFt |
| 308 Charleston Street, Albuquerque, NM, 87108 | $399,000 | 4 | 4 | -- | |
| 119 Charleston Street, Albuquerque, NM, 87108 | $299,000 | 3 | 3 | 1,784 | 1,784 SqFt |
| 236 San Pablo Street, Albuquerque, NM, 87108 | $325,000 | 5 | 4 | 2,760 | 2,760 SqFt |
| 425 Grove Street, Albuquerque, NM, 87108 | $265,999 | 4 | 2 | 1,386 | 1,386 SqFt |
| 501-505 Mesilla Street, Albuquerque, NM, 87108 | $560,000 | 10 | 6 | -- |
Similar Multifamily To 808 Ortiz 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 08/20/2026 @ 21:00
More Cities with for Sale by Owner Homes
- Albuquerque Homes For Sale By Owner
- Corrales Homes For Sale By Owner
- Rio Rancho Homes For Sale By Owner
- Los Ranchos Homes For Sale By Owner
- Bernalillo Homes For Sale By Owner
- Placitas Homes For Sale By Owner
- Algodones Homes For Sale By Owner
- Cedar Crest Homes For Sale By Owner
- Sandia Park Homes For Sale By Owner
- Bosque Farms Homes For Sale By Owner
- Tijeras Homes For Sale By Owner
- Peralta Homes For Sale By Owner
- Edgewood Homes For Sale By Owner
- Los Lunas Homes For Sale By Owner
- Madrid Homes For Sale By Owner
- Cerrillos Homes For Sale By Owner
- Pena Blanca Homes For Sale By Owner
- Cochiti Lake Homes For Sale By Owner
- Moriarty Homes For Sale By Owner
- Rio Communities Homes For Sale By Owner
Homes around $1,424,506
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.