Fourplex located off tramway and Juan Tabo Near the mountains and Four Hills community. High appreciating area with many new developments completed and under construction. Raise rents to market and charge flat rate water bills or RUBS to create a great cash flowing property.
Sold on 05/06/24
Price Unknown
404 Rainbow Ct SE, Rio Rancho, NM 87123
8beds
4baths
--sqft
Quadruplex, Multi Family
Built in 1979
-- sqft lot
$415,600 Zestimate®
$--/sqft
$1,696 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 17, 2025 at 12:22pm
Listed by:
Trey W. Whaley 505-269-1824,
Rhino Realty Property Mgmt LLC
Bought with:
Ducarmel G Germain, 44162
HomeSmart Realty Pros
Camille R Victour, 20344
HomeSmart Realty Pros
Source: SWMLS,MLS#: 1054948

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Refrigerator
- Laundry: Washer Hookup, Dryer Hookup, In Unit
Features
- Flooring: Carpet, Tile
- Has basement: No
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Patio
Lot
- Size: 0.33 Acres
Details
- Parcel number: 102205626327420411
- Zoning description: R-ML*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1979
Utilities & green energy
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
Green energy
- Energy generation: None
Community & neighborhood
Community
- Community features: Deck/Porch, Patio
Location
- Region: Rio Rancho
Other
Other facts
- Listing terms: Cash,Conventional,FHA
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$415,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$415,600