540 Ortiz Drive SE, Albuquerque, NM 87108
BARON BURG HEIGHTS MENDELSBERGS REPLAT BLK 7 · Bernalillo County
Key Facts
Description
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 Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1983
Stories
2
Living Area
3,360 sq ft
Lot Size
0.16 acres
MLS® Listing#
1106771
Property Features
Exterior
Appliances
Cooling
Heating
Flooring
Laundry
Construction
Security
Utilities
Financial Details
Annual Taxes
$3,424
Parcel Number
101805604247522622
Directions
South on San Mateo, East on Bell Ave, North on Ortiz, Property on the right hand side
Affordability Calculator
$81,000
Estimated monthly payment
$2,156/mo
Principal $324,000 · Est. interest $452,009 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Albuquerque, NM
- $406,579
- Median Listing Price
- 45
- Median Days on Market
- 1,943
- Median Sq Ft
- $222
- Median Price / Sq Ft
- 1,285
- Active Listings
- This home’s price is right around the area median.
- Its price per sq ft is 46% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Albuquerque, NM.
Location
Points of Interest in Albuquerque, NM
Showing the Albuquerque area map.
Nearby Schools
Alvarado Day School
Elementary · 0.3 mi away
Highland High School
Secondary · 0.4 mi away
Whittier Elementary School
Elementary · 0.5 mi away
Native American Community Academy
School · 0.7 mi away
Coral Community Charter School
Elementary · 0.7 mi away
Jefferson Discovery Center
Elementary · 0.7 mi away
Albuquerque School
School · 0.8 mi away
Holy Ghost Catholic School
Secondary · 0.8 mi away
Wilson Middle School
Secondary · 0.8 mi away
Media Arts Collaborative Charter
School · 0.8 mi away
Cesar Chavez Community School
Secondary · 0.8 mi away
Emerson Elementary School
Elementary · 0.8 mi away
Zia Elementary School
Elementary · 1.1 mi away
Van Buren Middle School
Secondary · 1.1 mi away
Pando Little School
Elementary · 1.2 mi away
Bandelier Elementary School
Elementary · 1.2 mi away
All Seasons Day School
Elementary · 1.3 mi away
Our Lady of Fatima Catholic School
Secondary · 1.4 mi away
La Mesa Elementary School
Elementary · 1.4 mi away
Kirtland Elementary School
Elementary · 1.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 620 San Pablo Street NE, Albuquerque, NM | $299,000 | 6 | 2 | 2,278 |
| 325 Tennessee Street NE, Albuquerque, NM | $299,900 | 6 | 3 | 2,304 |
| 325 Tennessee Street NE, Albuquerque, NM | $299,900 | 6 | 3 | 2,304 |
| 1133 GEORGIA Street SE, Albuquerque, NM | $315,000 | 6 | 3 | 2,800 |
| 816 Ortiz Drive SE, Albuquerque, NM | $342,000 | 5 | 3 | 2,470 |
| 209 Texas Street NE, Albuquerque, NM | $349,900 | 7 | 4 | 2,650 |
Moving Cost Estimate
EXIT Agents in Albuquerque
Listing Courtesy: Southwest Property Exchange - 5052921105