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- Description
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Street View
$1,030,000
Monthly Est:$5,127
2 Beds
8 Baths
6,684sqft
309-313 Geraldine Loop SE, Rio Rancho, NM 87124
$1,030,000
$5,127/moEst:
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Quadruplex
Built in 1980
$-- HOA
24,829 sqft lot
$154/sq.ft
Description
Prime Multi-Family Investment Opportunity in Rio Rancho!Discover this rare investment consisting of two separately parceled 4-plex buildings offered for sale together. These eight well-maintained 2-bedroom, 1-bath units are currently occupied by long-standing tenants, delivering immediate, stable income with strong upside potential. Located in a high-demand rental market where quality multi-family properties are extremely difficult to find, this portfolio offers a turnkey solution for the savvy investor. The units are clean, functional, and have been thoughtfully cared for, resulting in reliable cash flow and minimal deferred maintenance.Don't miss this exceptional chance to acquire a performing 8-unit asset in one of the area's most desirable locations.
- Houzeo last checked: 11 hours ago
- Listing updated: July 22, 2026 at 2:04 am
- Listing Provided by: Michael Schlichte (505) 318-6264 DRE #17987 | Absolute Real Estate (505) 681-8578
- Source: Greater Albuquerque AOR (SWMLS) MLS-NM | MLS#: 1107082
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1980
HOA Fees
-
Finished Area
6,684 sqft
Lot Size
24,829 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1107082
MLS Status
Active
Days on Market
91
Cumulative Days on Market
11
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 8
Interior
Flooring
Carpet
Appliances
Dishwasher, Refrigerator
Exterior Features
Lighting
Heating
Central, Forced Air
Cooling
Evaporative Cooling
Construction
Year Built
Year Built: 1980
Home type
Quadruplex
Property Condition
Resale
Construction Materials
Frame, Stucco
Utilities & Energy
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected
Other Features
Subdivision Name
Star Heights 2
Disclosures
Ranm2100disclosure
Tenant Pays
Electricity, Gas
Price History
| Date | Event | Price |
|---|---|---|
07/10/2026 Source: | Listed for Sale | $1,030,000 $154/sqft |
Getting Around 309-313 Geraldine Loop SE
Bike Score®
Somewhat Bikeable
35/100
Walk Score®
Car-Dependent
45/100
Data provided by Redfin
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Based on information from the Greater Albuquerque Association of REALTORS® (alternatively, from the Southwest MLS) through Oct 09, 2026, 02:30PM. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by The Service. © 2026 Greater Albuquerque Association of REALTORS®. All Rights Reserved.
Advertising Broker: Jared Andrew English | Congress Realty, Inc