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1121 Meadowlark Way SE

Rio Rancho, NM 87124
  • $700,000
  • STATUS: Active
  • ON SITE: 1 Day
  • MLS #: 1082058
New On Site 1 Day Ago
UPDATED: 22 min ago
$700,000
  • 3
    BEDS
  • 0.34
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 4,335
    SQFT
  • $161
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2005
County:

School Ratings & Info

Description

20-year old 4-plex in top demand rental area in Southern Rio Rancho near Intel! Two 3 bed / 2 bath 1210 SF downstairs Units. Two 2 bed / 2 bath 950 SF upstairs Units with cathedral ceilings. $5,500 building market rent. Longterm tenants, current building rent $4,940. These modern apartments are in very high demand by tenants, offering tenants all the top amenities, & offering Owner very low vacancy rates All Units offer: laundry closets, outside storage closets, master walk-in closets, & gas fireplaces. Private backyards for 2 downstairs Units, back balconies for 2 upstairs Units. Well maintained property with numerous improvements. Managed by Listing Broker for 14+ years. Maintenance and Performance Records available by request.

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IDX information © 2025 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Sandi Pressley Team | Coldwell Banker Legacy. Data last updated: 2025-04-17T23:05:15.117.
www.sandisells.com/homes/162599031
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1121 Meadowlark Way SE Rio Rancho, NM 87124

  • Price: $700,000
  • Status: Active
  • On Site: 1 Day
  • Updated: 22 min ago
  • MLS #: 1082058
3
Beds
2
Baths
0
½ Baths
0.34
Acres
4,335
SQFT
$161
$/SQFT
2005
Built
Neighborhood:
140 - Rio Rancho South
County:
Sandoval
Area:
140 - Rio Rancho South
Property Description
20-year old 4-plex in top demand rental area in Southern Rio Rancho near Intel! Two 3 bed / 2 bath 1210 SF downstairs Units. Two 2 bed / 2 bath 950 SF upstairs Units with cathedral ceilings. $5,500 building market rent. Longterm tenants, current building rent $4,940. These modern apartments are in very high demand by tenants, offering tenants all the top amenities, & offering Owner very low vacancy rates All Units offer: laundry closets, outside storage closets, master walk-in closets, & gas fireplaces. Private backyards for 2 downstairs Units, back balconies for 2 upstairs Units. Well maintained property with numerous improvements. Managed by Listing Broker for 14+ years. Maintenance and Performance Records available by request.
Exterior Features

Construction Materials Frame Stucco Exterior Features Patio Levels Two Parking Total 7 Patio And Porch Features Patio Stories Total 2

Interior Features

Appliances Dryer Dishwasher Free- Standing Gas Range Disposal Microwave Refrigerator Range Hood Washer Basement YN No Cooling Refrigerated Cooling YN Yes Fireplace YN Yes Flooring Carpet Vinyl Heating Central Forced Air Hot Water Heating YN Yes Laundry Features Washer Hookup Dryer Hookup In Unit

Property Features

Accessibility Features Wheelchair Access Builder Name Unknown Building Area Total 4335 Community Features Deck / Porch Patio Storage Facilities Green Energy Generation None Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional FHA VA Loan New Construction YN No Property Condition Resale Property Sub Type Quadruplex Property Sub Type Additional Quadruplex Tax Annual Amount 3828.36 Tenant Pays Electricity Gas Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected Zoning Description R-1

Southwest MLS] logo Listing courtesy of ETB Properties, LLC: (505) 514-8862. © 2025 Southwest Multiple Listing Service, Inc.


IDX information © 2025 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Sandi Pressley Team | Coldwell Banker Legacy. Data last updated: 2025-04-17T23:05:15.117.
 
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10400 Academy Rd NE Suite 100
Alburquerque NM, 87111