$375,000

$123/sqftactive

517 Palomas Drive SE, Albuquerque, NM 87108

90 days on market

Beds

Baths

Sqft

3,040

Lot

6,752 sqft

Built

1963

Type

multi family

About This Property

Durable brick 4-unit investment property designed for low maintenance and long-term ownership, conveniently located near major shopping centers, Kirtland AFB, and UNM area. Features a pitched shingle roof that adds durability and helps reduce exterior maintenance. Each unit offers a private backyard space, refrigerators and free-standing ranges, washer/dryer hookups, central forced-air heating, evaporative cooling, and full insulation for year-round efficiency. The property includes a security metal-gate for both vehicle and pedestrian access. A surveillance security system is currently in place and may be purchased separately from the seller. Property is being sold as-is and may be purchased individually or together with 521 Paloma as an expanded investment. Possible Section 8 qualifier

Features & Amenities

Patio

Cooktop

Disposal

Tile Flooring

Subdivision: BARON BURG HEIGHTSHOLLINGBERRYS REPLATBLK 6

Property Details

MLS #	1100323
Property Type	multi family
Year Built	1963
Heating	Electric
Cooling	EvaporativeCooling
Lot Size	6,752 sqft
Property Tax (est.)	$4,126/yr ($344/mo)
Price / Sqft	$123
Status	Active
Days on Market	90

About Nob Hill → Full Guide

Price vs. Neighborhood

This home

$375,000

Nob Hill median

$375,000

At the neighborhood median. Homes here sell in an average of 31 days.

Commute Times

Unm

5 min

Downtown

10 min

Abq Studios

20 min

Sandia Labs

20 min

Kirtland Afb

15 min

Presbyterian

12 min

Intel Rio Rancho

35 min

Nearby Schools

Monte Vista Elementary

K-5 · APS

6/10

Jefferson Middle School

6-8 · APS

5/10

Highland High School

9-12 · APS

5/10

UNM (University of New Mexico)

Higher Ed · State

Neighborhood Guide

Explore Nob Hill

Eclectic & Walkable

Listing courtesy of EXP Realty, LLC. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.