805 Ortiz Dr SE, Albuquerque, NM, 87108
About This Home
Turnkey 4-plex with major upgrades and strong income potential. Property consists of three remodeled 1BR/1BA units and one larger 2BR/1BA unit. Renovated units feature new kitchen cabinets and countertops, updated bath surrounds and vanities, new water heaters, wall heater units, and many new windows. Refinished hardwood floors, fresh paint, and updated lighting throughout. Current rents in place with opportunity for additional income growth. The 2BR unit is not yet updated and offers future upside potential. Ideal for investors seeking a low-maintenance property with a blend of stability and value-add opportunity.
Getting Around
Somewhat Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1945
Materials
- Construction materials: Frame,Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex,Multi Family
Interior
Appliances
- Appliances included: Free-Standing Gas Range,Refrigerator
- Laundry features: Gas Dryer Hookup
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
Features
- Ceiling Fan(s)
- Flooring: Carpet Free,Tile,Wood
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: Ceiling Fan(s)
Interior Area
- Total structure area: 2,574
- Total interior livable area: 2,574 sqft
Property
Details
- Parcel number: 101805602338720909
- Zoning description: R-MH*
Features
- Levels: One
- Stories: 1
- Exterior features: Landscaping
Lot
- Lot size: 8,276 sqft
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
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Bernalillo County and New Mexico
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,977 | $23,724 |
| Home Insurance * | $116 | $1,392 |
| Property Taxes | $276 | $3,312 |
| Electricity | $183 | $2,196 |
| Total | $2,552 | $30,624 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-24 | Price change | $399,500 |
| 2026-02-21 | Listed for sale | $417,999 |
| 2025-11-19 | Listed for rent | $850 |
| 2025-06-20 | Sold | -- |
| 2025-05-10 | Pending sale | $275,000 |
| 2025-05-06 | Listed for sale | $275,000 |
| 2010-10-01 | Listing removed | $195,000 |
| 2009-11-24 | Price change | $195,000 |
| 2009-09-29 | Listed for sale | $225,000 |
| 2004-08-11 | Sold | -- |
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