$405,000

$121/sqftactive

538 Ortiz Drive SE, Albuquerque, NM 87108

0 days on market

Beds

Baths

Sqft

3,360

Lot

6,752 sqft

Built

1983

Type

multi family

About This Property

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 540 Ortiz (MLS# 1106771), 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.

Features & Amenities

Lighting

Free Standing Electric Range

Refrigerator

Laminate Flooring

2 Stories

4 Parking Spaces

Subdivision: BARON BURG HEIGHTS MENDELSBERGS REPLAT BLK 7

Property Details

MLS #	1106770
Property Type	multi family
Year Built	1983
Heating	ForcedAir
Cooling	EvaporativeCooling
Lot Size	6,752 sqft
Property Tax (est.)	$3,378/yr ($282/mo)
Price / Sqft	$121
Status	Active
Days on Market	0

About Nob Hill → Full Guide

Price vs. Neighborhood

This home

$405,000

Nob Hill median

$368,000

10% above the Nob Hill median. Homes here sell in an average of 38 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 Southwest Property Exchange. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.