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309-313 Geraldine Loop SE

Rio Rancho, NM 87124
  • $1,030,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 1107082
UPDATED: 76 min ago
$1,030,000
  • 2
    BEDS
  • 0.57
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 6,684
    SQFT
  • $154
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1980
County:

School Ratings & Info

Description

Prime Multi-Family Investment Opportunity in Rio Rancho!Discover this rare investment consisting of two separately parceled 4-plex buildings offered for sale together. These eight well-maintained 2-bedroom, 1-bath units are currently occupied by long-standing tenants, delivering immediate, stable income with strong upside potential. Located in a high-demand rental market where quality multi-family properties are extremely difficult to find, this portfolio offers a turnkey solution for the savvy investor. The units are clean, functional, and have been thoughtfully cared for, resulting in reliable cash flow and minimal deferred maintenance.Don't miss this exceptional chance to acquire a performing 8-unit asset in one of the area's most desirable locations.

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IDX information © 2026 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: 2026-08-15T11:05:08.377.
www.sandisells.com/homes/178703866
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309-313 Geraldine Loop SE Rio Rancho, NM 87124

  • Price: $1,030,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 76 min ago
  • MLS #: 1107082
2
Beds
8
Baths
0
½ Baths
0.57
Acres
6,684
SQFT
$154
$/SQFT
1980
Built
Neighborhood:
Star Heights 2
County:
Sandoval
Area:
150 - Rio Rancho MiD
Property Description
Prime Multi-Family Investment Opportunity in Rio Rancho!Discover this rare investment consisting of two separately parceled 4-plex buildings offered for sale together. These eight well-maintained 2-bedroom, 1-bath units are currently occupied by long-standing tenants, delivering immediate, stable income with strong upside potential. Located in a high-demand rental market where quality multi-family properties are extremely difficult to find, this portfolio offers a turnkey solution for the savvy investor. The units are clean, functional, and have been thoughtfully cared for, resulting in reliable cash flow and minimal deferred maintenance.Don't miss this exceptional chance to acquire a performing 8-unit asset in one of the area's most desirable locations.
Exterior Features

Construction Materials Frame Stucco Exterior Features Lighting Levels Two

Interior Features

Appliances Dishwasher Refrigerator Cooling Evaporative Cooling Cooling YN Yes Flooring Carpet Heating Central Forced Air Heating YN Yes

Property Features

Builder Name Unknown Building Area Total 6684 Green Energy Generation None Gross Income 76800 Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional FHA Other See Remarks VA Loan New Construction YN No Operating Expense 22478 Owner Pays Sewer Trash Collection Water Property Condition Resale Property Sub Type Quadruplex Property Sub Type Additional Quadruplex Tax Annual Amount 3716 Tenant Pays Electricity Gas Total Actual Rent 6400 Utilities Electricity Connected Natural Gas Connected Sewer Connected Zoning Description R-3

Southwest MLS] logo Listing courtesy of Absolute Real Estate: (505) 681-8578. © 2026 Southwest Multiple Listing Service, Inc.


IDX information © 2026 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: 2026-08-15T11:05:08.377.
 
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Sandi Pressley Team | Coldwell Banker Legacy
10400 Academy Rd NE Suite 100
Alburquerque NM, 87111