New roof 11/2025 with warranty. Don't miss this rare chance to own a fully rented 4-plex in the heart of Rio Rancho! Situated on a spacious 0.34-acre lot, this well-maintained property features four identical 2-bedroom, 1-bath units, each offering approximately 900 sq ft of comfortable living space. Each unit is thoughtfully designed with an open-concept kitchen, breakfast bar, and electric stove, creating a welcoming atmosphere for tenants. Washer and dryer hookups in every unit add convenience, while individual storage units provide added value. Ample on-site parking ensures tenants and guests have easy access at all times. With strong rental demand in the area and well-appointed features throughout, this property is an ideal addition to any investor's portfolio.
Pending
Price cut: $25K (12/3)
$599,999
533 Vancouver Rd SE, Rio Rancho, NM 87124
8beds
4baths
3,553sqft
Est.:
Quadruplex, Multi Family
Built in 2005
-- sqft lot
$600,600 Zestimate®
$169/sqft
$-- HOA
What's special
Well-maintained propertyAmple on-site parkingOpen-concept kitchenWasher and dryer hookupsIndividual storage unitsBreakfast barElectric stove
- 70 days |
- 404 |
- 23 |
Zillow last checked: 8 hours ago
Listing updated: December 19, 2025 at 08:37am
Listed by:
Nichole M. Bronstorp 505-209-1246,
Coldwell Banker Legacy 505-292-8900
Source: SWMLS,MLS#: 1092989
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, Laminate
- Has basement: No
Interior area
- Total structure area: 3,553
- Total interior livable area: 3,553 sqft
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.34 Acres
Details
- Parcel number: 1009069407083
- Zoning description: R-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Stucco
Condition
- Resale
- New construction: No
- Year built: 2005
Utilities & green energy
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: Rio Rancho Estates
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $169/sqft
- Annual tax amount: $3,900
- Date on market: 8/6/2025
- Cumulative days on market: 89 days
- Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
- Tenant pays: Electricity, Gas, Water
Estimated market value
$600,600
$571,000 - $631,000
$1,958/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2025 | Pending sale | $599,999$169/sqft |
Source: | ||
| 12/3/2025 | Price change | $599,999-4%$169/sqft |
Source: | ||
| 10/28/2025 | Pending sale | $625,000$176/sqft |
Source: | ||
| 8/6/2025 | Listed for sale | $625,000+90.5%$176/sqft |
Source: | ||
| 6/26/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$2,892/mo
Principal & interest
$2327
Property taxes
$355
Home insurance
$210
Climate risks
Neighborhood: 87124
Nearby schools
GreatSchools rating
- 5/10Puesta Del Sol Elementary SchoolGrades: K-5Distance: 0.7 mi
- 7/10Eagle Ridge Middle SchoolGrades: 6-8Distance: 3.3 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 3.7 mi
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