Discover the charm of this delightful 4 unit corner lot property in the heart of Albuquerque, NM. This residence seamlessly blends vintage character with modern updates. Freshly painted and featuring wood/vinyl/tile flooring throughout, the open floor plans creates a warm and inviting atmosphere perfect. Each unit has marketable private backyard and convenient w/d hookups in unit, adding appeal when seeking new renters. TPO roof installed near 2016.Located in a prime area near KAFB, this home provides easy access to local amenities, shops, and dining options, ensuring you're never far from what you need. Embrace the unique charm and convenience of this Albuquerque gem.
Pending
$425,000
1037 Palomas Dr SE, Albuquerque, NM 87108
7beds
4baths
3,484sqft
Quadruplex, Multi Family
Built in 1957
-- sqft lot
$-- Zestimate®
$122/sqft
$-- HOA
What's special
Freshly paintedOpen floor plansMarketable private backyard
- 45 days |
- 13 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Marc Anthony Romero 505-485-9483,
Beyond Real-Estate 505-456-2022
Source: SWMLS,MLS#: 1104712
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Floor Furnace
Cooling
- Evaporative Cooling
Appliances
- Included: Free-Standing Electric Range, Refrigerator
- Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Unit
Features
- Flooring: Tile, Vinyl, Wood
Interior area
- Total structure area: 3,484
- Total interior livable area: 3,484 sqft
Property
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 8,276 Square Feet
Details
- Parcel number: 101805608920632202
- Zoning description: R-ML*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Stucco
Condition
- Resale
- New construction: No
- Year built: 1957
Utilities & green energy
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Features: Storage Facilities
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $122/sqft
- Tax assessed value: $225,600
- Annual tax amount: $3,177
- Date on market: 6/1/2026
- Cumulative days on market: 9 days
- Listing terms: Cash,Conventional
- Total actual rent: 4356
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
$1,762/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Pending sale | $425,000$122/sqft |
Source:  SWMLS #1104712 Report a problem | ||
| 6/3/2026 | Listed for sale | $425,000+70.7%$122/sqft |
Source: SWMLS #1104712 Report a problem | ||
| 2/3/2017 | Sold | -- |
Source: SWMLS #874166 Report a problem | ||
| 1/9/2017 | Pending sale | $249,000$71/sqft |
Source: Maestas & Ward Commercial RE #874166 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,177 +0.1% | $75,192 |
| 2024 | $3,172 +11.5% | $75,192 +12.9% |
| 2023 | $2,845 +3.5% | $66,576 +3% |
| 2022 | $2,749 +106.9% | $64,637 +3% |
| 2021 | $1,328 -49.2% | $62,755 +3% |
| 2020 | $2,613 | $60,927 |
| 2019 | -- | $60,927 |
| 2018 | $2,276 -12.3% | $60,927 |
| 2017 | $2,595 +15.7% | $60,927 +15.5% |
| 2016 | $2,243 -95.8% | $52,728 -1.2% |
| 2015 | $53,361 +2255% | $53,361 |
| 2014 | $2,266 | $53,361 +1.8% |
| 2013 | $2,266 | $52,402 -18.1% |
| 2012 | -- | $63,960 |
| 2011 | -- | $63,960 |
| 2010 | -- | $63,960 +37.4% |
| 2009 | -- | $46,558 +3% |
| 2008 | -- | $45,203 +3% |
| 2007 | -- | $43,886 +3% |
| 2006 | -- | $42,609 +3% |
| 2005 | -- | $41,368 +3% |
| 2004 | -- | $40,163 |
| 2003 | -- | $40,163 +0.1% |
| 2002 | -- | $40,132 +3% |
| 2001 | -- | $38,963 +3.3% |
| 2000 | -- | $37,729 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South San Pedro
Nearby schools
GreatSchools rating
- 4/10Whittier Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Wilson Middle SchoolGrades: 6-8Distance: 0.3 mi
- 2/10Highland High SchoolGrades: 9-12Distance: 0.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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