Vacant units, completely updated over the last 3 years from with new stucco, Metal Roof, Windows, Paint, Security Bars, Refrigerated A/C, Windows, Water Heater and Appliances. All Tile flooring. Proforma Cap Rate from 6.0%. REC Considered at 50% down. Amazing and rare opportunity to invest in Albuquerque with a tenant ready 4 Plex. Contact Broker or Your Buyer Broker for Showings. Finance/Cash approved showings only. ''Exceptional income property opportunity! This well-maintained 4-plex boasts a prime location, offering a combination of modern amenities and classic charm. Each unit features spacious layouts, updated kitchens, and comfortable living spaces. With a strong rental history, this property promises a steady income stream. Take advantage of the thriving rental market.
Sold
Price Unknown
801 Ortiz Dr SE, Albuquerque, NM 87108
4beds
4baths
2,437sqft
Quadruplex, Multi Family
Built in 1952
-- sqft lot
$-- Zestimate®
$--/sqft
$2,244 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,244/mo
Zestimate® history
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List your homeWhat's special
Updated kitchensSecurity barsSpacious layoutsNew stuccoMetal roof
Zillow last checked:
Listing updated:
Listed by:
Thomas Gallegos 505-261-8687,
Berkshire Hathaway NM Prop,
Max C Maner 505-934-1215,
Berkshire Hathaway NM Prop
Bought with:
Virginia Loraine Zambrano, 19786
Zambrano & Associates, LLC
Source: SWMLS,MLS#: 1054932
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Central, Forced Air
Cooling
- Central Air, Refrigerated, Ceiling Fan(s)
Appliances
- Included: Free-Standing Gas Range, Refrigerator
Features
- Ceiling Fan(s)
- Flooring: Tile
- Has basement: No
Interior area
- Total structure area: 2,437
- Total interior livable area: 2,437 sqft
Property
Parking
- Total spaces: 4
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,840 Square Feet
Details
- Parcel number: 101805602339320910
- Zoning description: R-MH*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1952
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Security: Security Gate
Location
- Region: Albuquerque
Financial & listing details
- Tax assessed value: $281,000
- Annual tax amount: $1,291
- Date on market: 1/4/2024
- Cumulative days on market: 109 days
- Listing terms: Cash,Conventional,Owner May Carry,Other,See Remarks
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2024 | Sold | -- |
Source:  SWMLS #1054932 Report a problem | ||
| 4/22/2024 | Pending sale | $499,000$205/sqft |
Source: SWMLS #1054932 Report a problem | ||
| 3/4/2024 | Price change | $499,000-9.3%$205/sqft |
Source: SWMLS #1054932 Report a problem | ||
| 1/4/2024 | Listed for sale | $550,000$226/sqft |
Source: SWMLS #1054932 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,957 +191.1% | $93,657 +190.6% |
| 2024 | $1,360 +1.7% | $32,224 +3% |
| 2023 | $1,337 | $31,286 +3% |
| 2022 | -- | $30,374 +3% |
| 2021 | -- | $29,490 +3% |
| 2020 | $1,228 | $28,632 +3% |
| 2019 | -- | $27,798 -43.3% |
| 2018 | $1,930 -6% | $49,062 +1.8% |
| 2017 | $2,053 +6.6% | $48,191 +6.5% |
| 2016 | $1,926 -95.7% | $45,262 |
| 2015 | $45,262 +2255% | $45,262 |
| 2014 | $1,922 | $45,262 -2.4% |
| 2013 | $1,922 | $46,364 |
| 2012 | -- | $46,364 +3% |
| 2011 | -- | $45,014 +3% |
| 2010 | -- | $43,704 +3% |
| 2009 | -- | $42,431 +3% |
| 2008 | -- | $41,196 +3% |
| 2007 | -- | $39,996 +3% |
| 2006 | -- | $38,832 +3% |
| 2005 | -- | $37,701 +3% |
| 2004 | -- | $36,602 +3% |
| 2003 | -- | $35,537 +3% |
| 2002 | -- | $34,501 +3% |
| 2001 | -- | $33,496 -1% |
| 2000 | -- | $33,830 |
Find assessor info on the county website
Neighborhood: South San Pedro
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Nearby schools
GreatSchools rating
- 4/10Whittier Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Wilson Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10Highland High SchoolGrades: 9-12Distance: 0.5 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87108
- South San Pedro
- 801 Ortiz Dr SE
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