Durable brick 4-unit investment property designed for low maintenance and long-term ownership, conveniently located near major shopping centers, Kirtland AFB, and UNM area. Features a pitched shingle roof that adds durability and helps reduce exterior maintenance. Each unit offers a private backyard space, refrigerators and free-standing ranges, washer/dryer hookups, central forced-air heating, evaporative cooling, and full insulation for year-round efficiency. The property includes a security metal-gate for both vehicle and pedestrian access. A surveillance security system is currently in place and may be purchased separately from the seller. Property is being sold as-is and may be purchased individually or together with 521 Paloma as an expanded investment. Possible Section 8 qualifier
For sale
Price cut: $10K (6/18)
$375,000
517 Palomas Dr SE, Albuquerque, NM 87108
6beds
4baths
3,040sqft
Quadruplex, Multi Family
Built in 1963
-- sqft lot
$-- Zestimate®
$123/sqft
$-- HOA
What's special
Pitched shingle roofPrivate backyard spaceCentral forced-air heatingEvaporative coolingRefrigerators and free-standing ranges
- 117 days |
- 213 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
K2 Omni Group 505-750-2837,
EXP Realty, LLC 505-750-2837,
Alexis Talavera 505-835-9153,
EXP Realty, LLC
Source: SWMLS,MLS#: 1100323
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Electric
Cooling
- Evaporative Cooling
Appliances
- Included: Cooktop, Disposal
- Laundry: Washer Hookup, Dryer Hookup, In Unit
Features
- Flooring: Tile
Interior area
- Total structure area: 3,040
- Total interior livable area: 3,040 sqft
Property
Accessibility
- Accessibility features: Wheelchair Access
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Patio
Lot
- Size: 6,969 Square Feet
Details
- Has additional parcels: Yes
- Parcel number: 101805608950522708
- Zoning description: R-MH*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick, Stucco
Condition
- Resale
- New construction: No
- Year built: 1963
Utilities & green energy
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Features: Patio
- Security: Security Gate
- Subdivision: BARON BURG HEIGHTSHOLLINGBERRYS REPLATBLK 6
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $123/sqft
- Tax assessed value: $293,000
- Annual tax amount: $4,126
- Date on market: 3/20/2026
- Cumulative days on market: 119 days
- Listing terms: Cash,Conventional
- Total actual rent: 1900
- Tenant pays: Other, See Remarks
Estimated market value
Not available
Estimated sales range
Not available
$2,173/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Price change | $375,000-2.6%$123/sqft |
Source:  SWMLS #1100323 Report a problem | ||
| 3/21/2026 | Listed for sale | $385,000-9.4%$127/sqft |
Source: SWMLS #1100323 Report a problem | ||
| 10/27/2025 | Listing removed | $425,000$140/sqft |
Source: SWMLS #1091367 Report a problem | ||
| 10/14/2025 | Price change | $425,000-3.4%$140/sqft |
Source: SWMLS #1091367 Report a problem | ||
| 9/29/2025 | Price change | $439,900-1.1%$145/sqft |
Source: SWMLS #1091367 Report a problem | ||
| 9/13/2025 | Listed for sale | $444,900+11.2%$146/sqft |
Source: SWMLS #1091367 Report a problem | ||
| 8/18/2023 | Sold | -- |
Source: SWMLS #1036944 Report a problem | ||
| 7/18/2023 | Pending sale | $400,000$132/sqft |
Source: SWMLS #1036944 Report a problem | ||
| 6/27/2023 | Listed for sale | $400,000+14.3%$132/sqft |
Source: SWMLS #1036944 Report a problem | ||
| 2/13/2019 | Listing removed | $675 |
Source: J and D Property MGT, LLC. Report a problem | ||
| 2/8/2019 | Listed for rent | $675+22.7% |
Source: J and D Property MGT, LLC. Report a problem | ||
| 12/6/2018 | Listing removed | $550 |
Source: J and D Property MGT, LLC. Report a problem | ||
| 11/28/2018 | Price change | $550+10% |
Source: J and D Property MGT, LLC. Report a problem | ||
| 11/24/2018 | Listed for rent | $500 |
Source: J and D Property MGT, LLC. Report a problem | ||
| 12/6/2017 | Listing removed | $500 |
Source: J and D Property MGT, LLC. Report a problem | ||
| 11/11/2017 | Listed for rent | $500-16.7% |
Source: J and D Property MGT, LLC. Report a problem | ||
| 7/7/2017 | Listing removed | $600 |
Source: J and D Property MGT, LLC. Report a problem | ||
| 6/29/2017 | Listed for rent | $600 |
Source: J and D Property MGT, LLC. Report a problem | ||
| 11/11/2016 | Listing removed | $600+20% |
Source: J and D Property MGT, LLC. Report a problem | ||
| 5/6/2016 | Listing removed | $500 |
Source: J and D Property MGT, LLC. Report a problem | ||
| 2/26/2016 | Listed for rent | $500 |
Source: J and D Property MGT, LLC. Report a problem | ||
| 6/6/2015 | Listing removed | $350,000$115/sqft |
Source: 360 Ventures Real Estate #834441 Report a problem | ||
| 4/17/2015 | Price change | $350,000-6.7%$115/sqft |
Source: 360 Ventures LLC #834441 Report a problem | ||
| 3/1/2015 | Listed for sale | $375,000$123/sqft |
Source: AMMRE REAL ESTATE #834441 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,126 -19.8% | $97,657 -19.9% |
| 2024 | $5,144 +23.6% | $121,921 +25.1% |
| 2023 | $4,163 +168.9% | $97,424 +33.8% |
| 2022 | $1,548 -50.4% | $72,793 -1.2% |
| 2021 | $3,120 +56.5% | $73,693 +58.6% |
| 2020 | $1,994 | $46,477 +3% |
| 2019 | -- | $45,124 |
| 2018 | $1,761 -5.6% | $45,124 +3% |
| 2017 | $1,866 +6.2% | $43,810 +6.1% |
| 2016 | $1,757 -95.7% | $41,296 |
| 2015 | $41,296 +2228.6% | $41,296 -1.1% |
| 2014 | $1,773 | $41,763 -2.4% |
| 2013 | $1,773 | $42,785 |
| 2012 | -- | $42,785 |
| 2011 | -- | $42,785 +3% |
| 2010 | -- | $41,543 -20.3% |
| 2009 | -- | $52,106 +3% |
| 2008 | -- | $50,588 +3% |
| 2007 | -- | $49,115 |
| 2006 | -- | $49,115 |
| 2005 | -- | $49,115 |
| 2004 | -- | $49,115 |
| 2003 | -- | $49,115 +3% |
| 2002 | -- | $47,684 +3% |
| 2001 | -- | $46,295 +30.9% |
| 2000 | -- | $35,364 |
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: 0.6 mi
- 3/10Wilson Middle SchoolGrades: 6-8Distance: 0.7 mi
- 2/10Highland High SchoolGrades: 9-12Distance: 0.5 mi
- $1,2002 bd1 ba815 sqft517 Palomas Dr SE #B, Albuquerque, NM 87108For Rent
- $--1 bd1 ba-- sqft517 Palomas Dr SE #C, Albuquerque, NM 87108Off Market
- $--2 bd1 ba815 sqft517 Palomas Dr SE #A, Albuquerque, NM 87108Off Market
- $1,0001 bd1 ba685 sqft517 Palomas Dr SE APT D, Albuquerque, NM 87108For Rent
- $--3 bd2 ba-- sqft517 & 521 Palomas Dr SE, Albuquerque, NM 87108Sold
- $1,2002 bd1 ba815 sqft521 Palomas Dr SE #A, Albuquerque, NM 87108For Rent
- $1,0001 bd1 ba700 sqft521 Palomas Dr SE #C, Albuquerque, NM 87108For Rent
- $--2 bd1 ba815 sqft521 Palomas Dr SE APT B, Albuquerque, NM 87108Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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