309-313 Geraldine Loop
Rio Rancho, NM 87124
2
Bed
8
Bath
6,684Sqft
0.57Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 8 -
Flooring Information
Carpet -
Interior Features
Appliances: Dishwasher, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Central, Forced Air Has Cooling: Yes Cooling: Evaporative Cooling
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Building Information
Year Built: 1980 Building Area Total: 6684 Construction Materials: Frame, Stucco Stories: 2 Private Pool: No -
Exterior Features
Exterior Features: Lighting
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Lot Information
Lot Size Acres: 0.57 Lot Size Source: Public Records Lot Size Square Feet: 24829Property Information
Subdivision: Star Heights 2 Source Property Type: Residential Income Postal Code Plus 4: 2775 Zoning Description: R-3 Property SubType: Quadruplex Levels: Two Property Age: 46
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Listing Price Information
Listing Price: $1030000 Cash, Conventional, FHA, VA Loan
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Tax Information
Parcel Number: 1011069267181 Annual Tax: $3716
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Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected -
Location Information
Direction: From unser and 5th head West on 5th, Right on 18th St. Left on Geraldine.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 95 Eventide Road, Rio Rancho, NM, 87124 | $579,500 | 8 | 4 | 3,256 | 3,256 SqFt |
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Multiple Listing Service. 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Southwest Multiple Listing Service. All Rights Reserved.
ByOwner last updated this listing 07/16/2026 @ 19:00
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