$420,000

$134/sqftactive

532 Palomas Drive SE, Albuquerque, NM 87108

0 days on market

Beds

Baths

Sqft

3,136

Lot

6,752 sqft

Built

1979

Type

multi family

About This Property

Excellent investment opportunity! This well-maintained 4-plex at 536 Palomas Dr SE generates $3,214 /month in gross rental income. Unit mix includes three 2 bed/1 bath units and one 1 bed/1 bath unit. Features include off-street parking, private enclosed courtyards, newer windows, and newer stucco. A turnkey addition to any investment portfolio with strong cash flow.

Features & Amenities

Refrigerator

Tile Flooring

Subdivision: Of Baron Burg Heights Add

Property Details

MLS #	1110497
Property Type	multi family
Year Built	1979
Heating	Central
Cooling	EvaporativeCooling
Lot Size	6,752 sqft
Property Tax (est.)	$3,600/yr ($300/mo)
Price / Sqft	$134
Status	Active
Days on Market	0

About Nob Hill → Full Guide

Price vs. Neighborhood

This home

$420,000

Nob Hill median

$398,000

6% above 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 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.