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816 Ortiz Dr SE, Albuquerque, NM, 87108

5beds
3baths
2,470sqft
$342,000
$138price/sqft
$2,262/moest. monthly cost
$90,480/yrincome needed

About This Home

Don't miss out on this great opportunity! A private triplex with so much potential. Three separate units that include a serene courtyard with a covered patio. The front unit A includes an enclosed front yard, a single car garage with extra storage space/workshop area, and two additional parking spaces. Also has a large bathroom with double vanity. Unit C includes a private gated back yard with raised flower beds, a compost box, and two large storage sheds. All units provide at least one parking space. All three units are lease. Conveniently located near to Nob Hill, UNM, Kirkland Airforce base, and the VA hospital

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: Resale
  • Year built: 1972

Materials

  • Construction materials: Frame,Stucco

Other

  • Builder name: Resale

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Multi Family

Interior

Appliances

  • Appliances included: Free-Standing Electric Range,Refrigerator,Range Hood

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: Central,Forced Air
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 2,470
  • Total interior livable area: 2,470 sqft

Property

Accessibility

  • Accessibility features: Wheelchair Access

Details

  • Parcel number: 101805604237421017
  • Zoning description: R-1B*

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 6,969 sqft

Parking

  • Total spaces: 2

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 $1,729$20,748
Home Insurance *$116$1,392
Property Taxes $242$2,904
Electricity $175$2,107
Total$2,262$27,144
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$77,554/yr
40% on housing$67,860/yr
45% on housing$60,320/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

$138This listing

vs Other Active Listings

Avg $/sqft

ZIP 87108$163
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)

No zestimate history available

Price History

DateEventPrice
2025-12-01Listed for sale$342,000
2023-08-11Sold--
2023-06-24Pending sale$290,000
2023-06-05Listed for sale$290,000
2021-03-24Listing removed--
2013-08-05Listing removed$735
2013-07-29Price change$735
2013-07-26Listed for rent$765

For Sale by Agent

AgentAnahi M Salcido
BrokerageRealty One of New Mexico

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