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About This Home

This 6-bedroom, 4-bathroom residential multi family at 517 Palomas Drive SE in Albuquerque, NM is listed for $385,000 ($127 per sqft). Built in 1963, the home offers 3,040 sqft of living space on a 0.16 acres lot.

Agent Description

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

Key Features

  • Built in 1963
  • 0.16 acre lot

Property Details

1 story
4 full
1963

Amenities

A/C

Monthly Cost Estimate

$2,059/mo

20% down · 6.5% · 30 years

Principal$278
Interest$1,668
Insurance$112

Estimates only. Actual payments may vary.

Location

517 Palomas Drive SE

Albuquerque, NM 87108

BARON BURG HEIGHTSHOLLINGBERRYS REPLATBLK 6

Features & Amenities

Exterior Features

Patio

Property Details

Flooring

Tile

Construction

Brick Stucco

Pool Features

Patio

Heating

Electric (Heating)

Appliances

CooktopDisposal

Questions & Answers

This 6-bedroom, 4-bathroom residential multi family at 517 Palomas Drive SE is listed at $385,000 ($127/sqft). The estimated monthly payment is $1,668 based on 20% down at 6.5% interest.

Key features include: Built in 1963, 0.16 acre lot. Exterior Features: Patio.

This property is listed by K2 Omni Group and can be reached at 5057502837 or K2OmniKristina@gmail.com.

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KG

K2 Omni Group

Agent at EXP Realty, LLC

(505) 750-2837

Listed by EXP Realty, LLC · View on Broker Site

MLS# 1100323· Source: listhub· Updated 43 days ago

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

517 Palomas Drive SE, Albuquerque, NM 87108

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