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821 Ortiz Dr SE, Albuquerque, NM, 87108

3beds
2baths
1,701sqft
$249,000
$146price/sqft
$1,699/moest. monthly cost
$67,960/yrincome needed

About This Home

Opportunity knocks at this established Southeast Albuquerque property with solid fundamentals and plenty of potential. Whether you're looking for your next renovation project, an investment property, or a home to make your own, this one offers a strong starting point.Major improvements already include a newer TPO roof system and newer furnace, allowing you to focus your time and resources on bringing your vision to life. Originally configured as a duplex with a two-bedroom/one-bath unit and a one-bedroom/one-bath unit, the property offers the potential to explore a return to its previous layout, subject to buyer verification and any required approvals.Outside, you'll find a large fenced backyard along with an oversized detached one-car garage featuring a dedicated workshop area--ideal for projects, storage, or hobbies.Conveniently located near shopping, restaurants, schools, and everyday amenities, the property sits in an established neighborhood anchored by a fire station and church. A newly constructed multi-unit development next door also highlights the area's continued investment and future potential.Whether you're searching for your next rental, renovation, or value-add opportunity, this property offers plenty of possibilities for the right buyer.

Getting Around

67
WalkingSomewhat Walkable
40
TransitSome Transit
80
BikeVery Bikeable

Schools

4/10
3/10
Wilson Middle SchoolGrades 6-80.6 mi
2/10
Highland High SchoolGrades 9-120.6 mi

Construction

Condition

  • Property condition: Fixer,Resale
  • Year built: 1952

Materials

  • Foundation: Pillar/Post/Pier,Slab
  • Construction materials: Frame,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Other

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Main Level Primary
  • Window features: Metal
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 1,701
  • Total interior livable area: 1,701 sqft

Kitchen

  • Level: Main
  • Area: 150

Living Room

  • Level: Main
  • Area: 305.25

Primary Bedroom

  • Level: Main
  • Area: 162.75

Property

Details

  • Parcel number: 101805602336820906
  • Zoning description: R-ML*

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Private Entrance

Lot

  • Lot size: 6,969 sqft

Parking

  • Total spaces: 1
  • Parking features: Detached,Garage,Oversized,Workshop in Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Lightning
Winter Weather

FEMA Declared Disasters in Bernalillo County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,259$15,108
Home Insurance *$116$1,392
Property Taxes $176$2,112
Electricity $148$1,780
Total$1,699$20,388
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$58,251/yr
40% on housing$50,970/yr
45% on housing$45,306/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$146This listing

vs Other Active Listings

Avg $/sqft

ZIP 87108$164
Bernalillo County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 87108
Bernalillo County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-01Listed for sale$249,000

For Sale by Agent

AgentAdrian Valis Montgomery
BrokerageColdwell Banker Legacy

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