540 Ortiz Dr SE Albuquerque, NM 87108
South San Pedro NeighborhoodEstimated payment $2,486/month
Highlights
- Evaporated cooling system
- Forced Air Heating System
- Community Storage Space
- Security Gate
- Laundry Facilities
About This Home
Strong investment opportunity in a desirable rental corridor just a 10-minute drive to UNM and Nob Hill. This property features 2-bedroom, 1-bathroom units that are individually metered for gas and electric, helping support efficient tenant utility management. The property shares a courtyard with 538 Ortiz (MLS# 1106770) , creating potential for a combined acquisition and stronger portfolio presence. The seller prefers to sell both properties together. Please do not disturb tenants. Showings are subject to an accepted offer.
Listing Agent
Southwest Property Exchange License #REC20260151 Listed on: 07/06/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,424
Year Built
- Built in 1983
Home Design
- Stucco
Interior Spaces
- 3,360 Sq Ft Home
- Property has 2 Levels
- Laminate Flooring
- Security Gate
- Free-Standing Electric Range
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Utilities
- Evaporated cooling system
- Forced Air Heating System
- Natural Gas Connected
Additional Features
- Exterior Lighting
- 6,752 Sq Ft Lot
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 101805604247522622
Community Details
Overview
- 3,360 Sq Ft Building
- Baron Burg Heights Mendelsbergs Replat Blk 7 Subdivision
Amenities
- Laundry Facilities
- Community Storage Space
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,424 | $81,035 | $10,343 | $70,692 |
| 2024 | $3,319 | $78,675 | $10,042 | $68,633 |
| 2023 | $3,264 | $76,384 | $9,750 | $66,634 |
| 2022 | $3,154 | $74,160 | $9,466 | $64,694 |
| 2021 | $2,725 | $64,369 | $9,750 | $54,619 |
| 2020 | $2,681 | $62,494 | $9,466 | $53,028 |
| 2019 | $2,706 | $63,094 | $9,466 | $53,628 |
| 2018 | $2,008 | $63,094 | $9,466 | $53,628 |
| 2017 | $1,946 | $47,133 | $10,373 | $36,760 |
| 2016 | $1,890 | $44,428 | $9,778 | $34,650 |
| 2015 | $43,134 | $43,134 | $9,493 | $33,641 |
| 2014 | $1,778 | $41,878 | $9,217 | $32,661 |
| 2013 | -- | $40,659 | $8,949 | $31,710 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/06/2026 07/06/26 | For Sale | $405,000 | +109.8% | $121 / Sq Ft | |
| 09/04/2018 09/04/18 | Sold | -- | -- | -- | View Prior Sale |
| 07/06/2018 07/06/18 | Pending | -- | -- | -- | |
| 06/18/2018 06/18/18 | For Sale | $193,000 | -- | $57 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Stewart Title | |
| Warranty Deed | -- | U S Title | |
| Warranty Deed | -- | Albuquerque Title Co Inc |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $551,650 | New Conventional | |
| Previous Owner | $183,750 | New Conventional | |
| Previous Owner | $157,920 | Commercial | |
| Previous Owner | $168,750 | Commercial | |
| Previous Owner | $77,500 | Commercial |
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
MLS Number: 1106771
APN: 1-018-056-042-475-2-26-22
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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