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55-65 Darlene Road SE Rio Rancho, NM $ 1,030,000
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55-65 Darlene Road SE
$ 1,030,000
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55-65 Darlene Road SE

Rio Rancho, NM, 87124
$ 1,030,000
Bedrooms2 Baths8.0 Sq 6,620

Monthly Estimate*

$ 6,504

55-65 Darlene Road SE, Rio Rancho, NM 87124 - Image 1
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Multi-Family Home for sale in Rio Rancho, NM

for $1,030,000 with 2 bedrooms and 8 full baths. This 6,620 square foot home was built in 1980 on a lot size of 0.41.

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.

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Multi-Family Active

Price

$ 1,030,000

Bedrooms

2

Full Bath

8

Property Type

Multi-Family

Taxes

$ 4,174

Style

Lot Size

0.41

Year Built

1980

Town/City

Rio Rancho

County/Region

Sandoval

MLS | Web ID

1107083
Features
General
Heating Central Forced Air
Cooling Evaporative Cooling
Utilities Electricity Connected Natural Gas Connected Sewer Connected
Appliances Dishwasher Refrigerator
Construction Materials Frame Stucco
Year Built 1980
Tenant Pays Electricity Gas
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 76800
County Sandoval
Operating Expense 22984
New Construction false
Property Type Residential Income
Subdivision Name Casa Del Rio
Green Energy Generation None
Status Active
Directions From Unser and 2nd St. head West on 2nd St. Left on Eventide Left on Darlene.
City Rio Rancho
Disclosures RANM 2100 Disclosure
Zoning Description R-3
Number Of Units Total 8
MLS Area 150 - Rio Rancho MiD
Lot Size Square Feet 17860
Listing Terms Cash Conventional FHA Other See Remarks VA Loan
Tax Annual Amount 4174
Property Condition Resale
Builder Name Unknown
Standard Status Active
Year Built Source Assessor
Total Actual Rent 6400
Property Sub Type Additional Quadruplex
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Interior
Flooring Carpet
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 2
Total Baths 8
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Exterior
Exterior Amenities Lighting
Number of Buildings 2
Building Area Total 6620
Lot Size Acres 0.41
Lot Size Source Public Records
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* Excluded Features
List By
Michael Schlichte

Listing Agent

Absolute Real Estate

Broker

Mike@My505Home.com

Email

Affordability Calculator

$6,851
Per Month
95%
5%
0%
Monthly Principal & Interest
$6,504
Monthly Property Taxes
$348
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/10/2026$1,030,000 Listed Price

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55-65 Darlene Road SE, Rio Rancho, NM, 87124 is a Multi-Family Home for sale at $1,030,000 with 6,620 sqft and a lot size of 0.41. 55-65 Darlene Road SE has 2 bedrooms, 8.0 baths, and was built in 1980. The property's zip code is 87124 which is in Rio Rancho, NM

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