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 517 Paloma as an expanded investment. Possible Section 8 qualifier
For sale
Price cut: $10K (7/7)
$375,000
521 Palomas Dr SE, Albuquerque, NM 87108
6beds
4baths
--sqft
Quadruplex, Multi Family
Built in 1963
-- sqft lot
$369,600 Zestimate®
$--/sqft
$-- HOA
What's special
Pitched shingle roofPrivate backyard spaceCentral forced-air heatingEvaporative coolingRefrigerators and free-standing ranges
- 118 days |
- 135 |
- 5 |
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#: 1100328
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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
Property
Accessibility
- Accessibility features: Wheelchair Access
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Patio
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 101805608949922707
- 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
Location
- Region: Albuquerque
Financial & listing details
- Tax assessed value: $331,600
- Annual tax amount: $5,144
- Date on market: 3/21/2026
- Cumulative days on market: 119 days
- Listing terms: Cash,Conventional
- Total actual rent: 4850
- Tenant pays: Other, See Remarks
Estimated market value
$369,600
$351,000 - $388,000
$1,380/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Price change | $375,000-2.6% |
Source:  SWMLS #1100328 Report a problem | ||
| 3/21/2026 | Listed for sale | $385,000-9.4% |
Source: SWMLS #1100328 Report a problem | ||
| 10/27/2025 | Listing removed | $425,000 |
Source: SWMLS #1091366 Report a problem | ||
| 10/14/2025 | Price change | $425,000-3.4% |
Source: SWMLS #1091366 Report a problem | ||
| 9/29/2025 | Price change | $439,900-1.1% |
Source: SWMLS #1091366 Report a problem | ||
| 9/13/2025 | Listed for sale | $444,900+11.2% |
Source: SWMLS #1091366 Report a problem | ||
| 8/18/2023 | Sold | -- |
Source: SWMLS #1036945 Report a problem | ||
| 7/18/2023 | Pending sale | $400,000 |
Source: SWMLS #1036945 Report a problem | ||
| 6/27/2023 | Listed for sale | $400,000 |
Source: SWMLS #1036945 Report a problem | ||
| 2/16/2019 | Listing removed | $625 |
Source: J and D Property MGT, LLC. Report a problem | ||
| 2/15/2019 | Listed for rent | $625 |
Source: J and D Property MGT, LLC. Report a problem | ||
| 2/27/2018 | Listing removed | $625 |
Source: J and D Property MGT, LLC. Report a problem | ||
| 2/22/2018 | Listed for rent | $625+4.2% |
Source: J and D Property MGT, LLC. Report a problem | ||
| 10/20/2017 | Listing removed | $600 |
Source: J and D Property MGT, LLC. Report a problem | ||
| 10/7/2017 | Listed for rent | $600 |
Source: J and D Property MGT, LLC. Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,098 -0.9% | $110,523 -9.3% |
| 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 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
- $217,1001 bd1 ba575 sqft521 Palomas Dr SE APT D, Albuquerque, NM 87108Off Market
- $180,3286 bd4 ba3k sqft525 Palomas Dr SE, Albuquerque, NM 87108Off Market
- $--3 bd2 ba-- sqft517 & 521 Palomas Dr SE, Albuquerque, NM 87108Sold
- $375,0006 bd4 ba3k sqft517 Palomas Dr SE, Albuquerque, NM 87108For Sale
- $1,2002 bd1 ba815 sqft517 Palomas Dr SE #B, Albuquerque, NM 87108For Rent
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