For sale

Price cut: $16K (10/30)

$579,000

75 Darlene Rd SE, Rio Rancho, NM 87124

8beds

4baths

--sqft

Est.:

Quadruplex, Multi Family

Built in 1980

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Rare Rio Rancho Fourplex! Excellent investment in one of NM's fastest-growing, most desirable areas. Four 2BR/1BA units with in-unit washer/dryer hookups offer strong rental demand and potential for increased income. Perfect for investors seeking reliable cash flow or owner-occupants looking to offset mortgage costs. Prime location in a convenient neighborhood with top-rated Rio Rancho schools, close to shopping, dining, and major commuter routes. With property values on the rise and minimal city investment supply, this is a rare opportunity to secure a high-performing asset with long-term upside. Two units have backyards; the other two have balconies. Don't miss out!

130 days

316

30

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Central, Forced Air

Cooling

Evaporative Cooling

Appliances

Included: Dishwasher, Free-Standing Gas Range, Refrigerator, Range Hood
Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Unit

Features

Flooring: Carpet, Tile
Has basement: No

Property

Features

Levels: Two
Stories: 2

Lot

Size: 6,098.4 Square Feet

Details

Parcel number: R046176
Zoning description: R-3

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Condition

Resale
New construction: No
Year built: 1980

Utilities & green energy

Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Green energy

Energy generation: None

Community & HOA

Community

Features: Deck/Porch

Location

Region: Rio Rancho

Financial & listing details

Tax assessed value: $510,064
Annual tax amount: $6,127
Date on market: 8/15/2025
Cumulative days on market: 124 days
Listing terms: Cash,Conventional,FHA,VA Loan
Tenant pays: Electricity, Gas, Sewer, Trash Collection, Water

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/30/2025	Price change	$579,000-2.7%
Source: SWMLS #1089741 Report a problem
10/26/2025	Listed for sale	$595,000
Source: SWMLS #1089741 Report a problem
10/20/2025	Pending sale	$595,000
Source: SWMLS #1089741 Report a problem
10/1/2025	Price change	$595,000-0.7%
Source: SWMLS #1089741 Report a problem
8/15/2025	Listed for sale	$599,000+8.7%
Source: SWMLS #1089741 Report a problem