Pending

Price cut: $10K (3/12)

$549,000

75 Darlene Rd SE, Rio Rancho, NM 87124

8beds

4baths

3,310sqft

Est.:

Quadruplex, Multi Family

Built in 1980

-- sqft lot

$539,800 Zestimate^®

$166/sqft

$-- HOA

What's special

Additional uncovered overflow parkingNewer tpo roof

Rare opportunity to own one of the few four-plex properties currently available in Rio Rancho. This well-maintained multifamily asset features four spacious 2-bedroom, 1-bath units, each with in-unit washer and dryer hookups. Every unit includes one covered parking space plus additional uncovered overflow parking. Ground-floor units offer large private fenced yards, while upper units feature balconies to enjoy the views and New Mexico weather. Recent improvements include a newer TPO roof, fresh exterior paint within the last year, and various general repairs and updates reflecting pride of ownership. Limited local inventory and strong rental demand make this an excellent investment opportunity. Bring your investors. Four-plexes like this are hard to find. offering a solid 6% CAP

47 days

507

9

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Central, Forced Air

Cooling

Evaporative Cooling

Appliances

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

Features

Flooring: Carpet, Tile

Interior area

Total structure area: 3,310
Total interior livable area: 3,310 sqft

Property

Features

Levels: Two
Stories: 2

Lot

Size: 6,098.4 Square Feet

Details

Parcel number: 1011069199375
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
Subdivision: Casa Del Rio

Location

Region: Rio Rancho

Financial & listing details

Price per square foot: $166/sqft
Tax assessed value: $510,064
Annual tax amount: $6,127
Date on market: 2/6/2026
Cumulative days on market: 41 days
Listing terms: Cash,Conventional,FHA,VA Loan
Total actual rent: 4470
Tenant pays: Electricity, Gas

Estimated market value

$539,800

$513,000 - $567,000

$1,132/mo

Price history

Date	Event	Price
3/16/2026	Pending sale	$549,000$166/sqft
Source: SWMLS #1097963 Report a problem
3/12/2026	Price change	$549,000-1.8%$166/sqft
Source: SWMLS #1097963 Report a problem
2/21/2026	Price change	$559,000-1.8%$169/sqft
Source: SWMLS #1097963 Report a problem
2/7/2026	Listed for sale	$569,000-1.7%$172/sqft
Source: SWMLS #1097963 Report a problem
1/24/2026	Listing removed	$579,000$175/sqft
Source: SWMLS #1089741 Report a problem
10/30/2025	Price change	$579,000-2.7%$175/sqft
Source: SWMLS #1089741 Report a problem
10/26/2025	Listed for sale	$595,000$180/sqft
Source: SWMLS #1089741 Report a problem
10/20/2025	Pending sale	$595,000$180/sqft
Source: SWMLS #1089741 Report a problem
10/1/2025	Price change	$595,000-0.7%$180/sqft
Source: SWMLS #1089741 Report a problem
8/15/2025	Listed for sale	$599,000+8.7%$181/sqft
Source: SWMLS #1089741 Report a problem
7/11/2024	Sold	--
Source: SWMLS #1060706 Report a problem
6/11/2024	Pending sale	$551,000$166/sqft
Source: SWMLS #1060706 Report a problem
5/31/2024	Price change	$551,000+0.2%$166/sqft
Source: SWMLS #1060706 Report a problem
4/14/2024	Listed for sale	$550,000$166/sqft
Source: SWMLS #1060706 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,933 +229.1%	$170,022 +239.9%
2024	$1,803 -0.3%	$50,025
2023	$1,809 +1.9%	$50,025 +3%
2022	$1,775 -2.2%	$48,568
2021	$1,815 +3%	$48,568 +3%
2020	$1,762 -0.7%	$47,154
2019	$1,774 +9.5%	$47,154 +3%
2018	$1,620 -4.1%	$45,781 +3%
2017	$1,689	$44,448 +3%
2016	$1,689 +2.1%	$43,153 -18.5%
2014	$1,654	$52,954
2013	$1,654	$52,954