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Street View
$1,030,000
Monthly Est:$5,127
2 Beds
8 Baths
6,620sqft
55-65 Darlene Rd SE, Rio Rancho, NM 87124
$1,030,000
$5,127/moEst:
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Quadruplex
Built in 1980
$-- HOA
17,860 sqft lot
$156/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: 13 minutes 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#: 1107083
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1980
HOA Fees
-
Finished Area
6,620 sqft
Lot Size
17,860 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1107083
MLS Status
Active
Days on Market
92
Cumulative Days on Market
11
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 8
Interior
Flooring
Carpet
Cooling
Evaporative Cooling
Heating
Central, Forced Air
Appliances
Dishwasher, Refrigerator
Exterior Features
Lighting
Construction
Year Built
Year Built: 1980
Home type
Quadruplex
Construction Materials
Frame, Stucco
Property Condition
Resale
Utilities & Energy
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected
Other Features
Tenant Pays
Electricity, Gas
Disclosures
Ranm2100disclosure
Subdivision Name
Casa Del Rio
Price History
| Date | Event | Price |
|---|---|---|
07/10/2026 Source: | Listed for Sale | $1,030,000 $156/sqft |
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Based on information from the Greater Albuquerque Association of REALTORS® (alternatively, from the Southwest MLS) through Oct 11, 2026, 10:30AM. 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.
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