$349,000

$109/sqftactive

1029 Palomas Drive SE A-D, Albuquerque, NM 87108

1 days on market

Beds

Baths

Sqft

3,199

Lot

8,102 sqft

Built

1958

Type

multi family

About This Property

Don't miss this excellent income-producing 4-plex located just minutes from the VA Hospital, offering a desirable location with strong rental appeal. Torch down Appex 4.5M roof installed April 2024The property consists of three spacious 2-bedroom, 1-bath units and one 1-bedroom, 1-bath. Property fully leased providing stable rental incomeConveniently situated near medical facilities, shopping, dining, and major transportation routes, this property is well-positioned for long-term occupancy and investment growth.

Features & Amenities

Lighting

Free Standing Gas Range

Refrigerator

Range Hood

Tile Flooring

Wood Flooring

Subdivision: Pl Add

Property Details

MLS #	1108100
Property Type	multi family
Year Built	1958
Heating	Central,WallFurnace
Cooling	EvaporativeCooling
Lot Size	8,102 sqft
Property Tax (est.)	$3,612/yr ($301/mo)
Price / Sqft	$109
Status	Active
Days on Market	1

About Nob Hill → Full Guide

Price vs. Neighborhood

This home

$349,000

Nob Hill median

$398,000

12% below the Nob Hill 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 Couture Brokerage. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.