About This Home

This 8-bedroom, 4-bathroom multi-family at 532 Palomas Drive SE in Albuquerque, NM is listed for $420,000 ($134 per sqft). Built in 1979, the home offers 3,136 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1979
  • 0.16 acre lot
  • 2 stories

Property Details

2 stories
4 full
1979

Amenities

A/C
Listing Description

Excellent investment opportunity! This well-maintained 4-plex at 536 Palomas Dr SE generates $3,214 /month in gross rental income. Unit mix includes four 2 bed/1 bath units. Features include off-street parking, private enclosed courtyards, newer windows, and newer stucco. A turnkey addition to any investment portfolio with strong cash flow.

Monthly Cost Estimate

$2,246/mo

20% down · 6.5% · 30 years

Principal$304
Interest$1,820
Insurance$123

Estimates only. Actual payments may vary.

Location

532 Palomas Drive SE

Albuquerque, NM 87108

Of Baron Burg Heights Add

Property Details

Flooring

Tile

Heating

Central

Appliances

Refrigerator

Questions & Answers

This 8-bedroom, 4-bathroom multi-family at 532 Palomas Drive SE is listed at $420,000 ($134/sqft). The estimated monthly payment is $2,247 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1979, 0.16 acre lot, 2 stories.

This property is listed by Tyler M Pete.

TP

Tyler M Pete

License 53270

Agent at exp realty, llc

Listed by exp realty, llc · Broker phone: (505) 328-4892 · View on Broker Site

MLS# 1110497· Source: Southwest MLS· 58 days on PropertySimple

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.

532 Palomas Drive SE, Albuquerque, NM 87108

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