$579,000

75 DARLENE Road SE, Rio Rancho, NM 87124

  • 2 beds |
  • 1 bath
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1980
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

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!

Listing Status:
Active
Date Added:
August 15, 2025 at 05:00AM
Listing Office:
Realty One of New Mexico : (505) 883-9400
Listing Agent:
Roger P Martinez : (505) 585-4144
MLS ID:
1089741
  • Appliances: DishwasherFree-Standing Gas RangeRefrigeratorRange Hood
  • Laundry: Washer HookupDryer HookupElectricDryer HookupIn Unit
  • Flooring: CarpetTile
  • A/C: Evaporative Cooling
  • Heating: CentralForced Air
  • Eco/Green Feature: None
  • General: 2
  • Originating MLS: SWMLS_SWMLS
  • County: Sandoval
  • Zoning: R046176
  • Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
  • Source: SWMLS_SWMLS

This listing courtesy of Roger P Martinez, Realty One of New Mexico

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

M

Maggie Cordova Elementary School

1500 Veranda Rd SE, Rio Rancho, NM, 87124

Grades KG-5

1.57 miles away

L

Lincoln Middle School

2287 Lema Rd SE, Rio Rancho, NM, 87124

Grades 6-8

0.99 miles away

R

Rio Rancho High School

301 Loma Colorado Blvd NE, Rio Rancho, NM, 87124

Grades 9-12

2.01 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.