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
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Price Unknown
75 Darlene Rd SE, Rio Rancho, NM 87124
8beds
4baths
3,310sqft
Quadruplex, Multi Family
Built in 1980
-- sqft lot
$539,800 Zestimate®
$--/sqft
$1,546 Estimated rent
Home value
$539,800
$513,000 - $567,000
$1,546/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Venturi Realty Group 505-448-8888,
Real Broker
Bought with:
Jessica Garcia, 40107
ERA Summit
Source: SWMLS,MLS#: 1097963
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 sqft
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 & neighborhood
Community
- Community features: Deck/Porch
Location
- Region: Rio Rancho
- Subdivision: Casa Del Rio
HOA & financial
Other financial information
- Total actual rent: 4470
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Sold | -- |
Source:  SWMLS #1097963 Report a problem | ||
| 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 |
Find assessor info on the county website
Neighborhood: Solar Village/Mid-Unser
Nearby schools
GreatSchools rating
- 7/10Maggie Cordova Elementary SchoolGrades: K-5Distance: 1.6 mi
- 5/10Lincoln Middle SchoolGrades: 6-8Distance: 1 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 2 mi
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Estimated market value
$539,800
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
$539,800
- New Mexico
- Sandoval County
- Rio Rancho
- 87124
- Solar Village/Mid-Unser
- 75 Darlene Rd SE