$331,592
537 Valencia Dr , Albuquerque, NM 87108
- 3
- beds
- 1,929
- sqft
- 1940
- year built
- Status:
- Active
- MLS #:
- 1113596
- Neighborhood:
- Plat Of Shirley S Subdivision
- County:
- Bernalillo
- Listed By:
- Anita Maestas - Maestas Real Estate Services
- Agent Phone:
- (505) 463-3565
- Agent Email:
- anita@maestasrealty.com
Sponsoring Broker: Edward Donovan, Continental Real Estate Group, Inc
On behalf of the owners, NM Apartment Advisors and Maestas Real Estate Services are pleased to present this gem of a triplex, which includes well lit off street parking, private patios and an attractive shared colonnade courtyard. Located at 537 Valencia SE, this charming community features lush landscaping and brick sidewalks, and is walking distance to multiple parks, retail establishments and restaurants. The triplex offers off-street parking, private street-facing patios, a charming shared colonnade courtyard, Solatube tubular skylights for abundant natural light, and dedicated buried tool storage for each building. Recent improvements include a new roof (2026) and new driveways and sidewalks (2024). Apartment 3 has been fully renovated and now includes a dedicated laundry room with built-in cabinetry. Apartment 1 has a washer hookup in the kitchen, and Apartments 2 and 3 offer full washer and dryer hookups. All three units are occupied, with current rents averaging $825 against a market average of $975, leaving a long runway to increase value by raising rents toward market. The owner also owns the neighboring 533 Valencia SE, which is also available. Do not miss this opportunity for an owner occupant or investor in a market with strong job growth and a housing shortage.
Highlights
- Residential Income
- Triplex
- Built in 1940
- 0.15 Acre Lot
- 128 days on Market
-
- Bedrooms
- 3
-
- Year Built
- 1940
-
- Stories
- 1.0
-
- Living Area
- 1929.0
-
- Appliances
- Refrigerator, Free-Standing Gas Range
-
- Flooring
- Vinyl, Carpet
-
- Exterior Features
- Lighting
-
- Patio And Porch
- Patio
-
- Cooling
- Evaporative Cooling
-
- Heating
- Central
-
- Acres
- 0.15
-
- Lot Features
- Landscaped
-
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
-
- Area
- 71 - Southeast Heights
-
- County
- Bernalillo
-
- City
- Albuquerque
-
- Neighborhood
- Plat Of Shirley S Subdivision
-
- Zip Code
- 87108
-
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Price History
| 07/08/2026 | Listed | $331,592 |
| Source: Southwest MLS (Greater Albuquerque Association of REALTORS) #1113596 | ||
Source: MLS Data
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There are currently 2087 properties available in Albuquerque, with 12 under contract to close soon. Properties in the city have an average sale price of $419,936 and typically spend 74 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about 537 Valencia Dr?
Click Ask a Question to talk with our team. You already know it is a 3 bed, N/A bath, listed for $331,592. We can talk through recent upgrades, potential seller motivation, how this triplex compares to others in Albuquerque, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 537 Valencia Dr?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 537 Valencia Dr at around $2,138. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 537 Valencia Dr?
In most cases, yes. Whether 537 Valencia Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Albuquerque's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
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What is the price per square foot for this home?
This home is listed at $331,592 with 1,929 sqft of space—that comes out to approximately $172 per square foot.
How long has this property been on the market?
537 Valencia Dr was listed on July 08, 2026, which means it's been on the market for 128 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1940, making it approximately 86 years old.
What is the lot size of this property?
537 Valencia Dr sits on a 0.15-acre lot, which is 6,534 square feet.
What are the property taxes for 537 Valencia Dr?
The most recent public record shows annual property taxes for 537 Valencia Dr were approximately $3,011. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 537 Valencia Dr still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Continental Real Estate Group, Inc, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Southwest Multiple Listing Service. All Rights Reserved.
Last Updated: November 13, 2026 at 03:15AM | Source: Southwest MLS (Greater Albuquerque Association of REALTORS) | MLS#: 1113596