This home's estimate is 68.3% higher than the average sale price ($447K) of 6 comparable homes.
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- Sale & tax history
- Property details
- Neighborhood
- Climate




4200 Ridgeway Ct SE, Rio Rancho, NM 87124
About this home
Ideally located Rio Rancho 4-plex that's walking distance to shopping, medical, and transportation routes. Lots of potential for higher income as RR rentals are scarce and local employers are hiring. 2 3BR ground floor units, and two upper level 2BR units---all of which have 2 bathrooms and all units have washer/dryer. Fireplace in downstairs 3BR units. Tile roof, stucco, and ample parking for tenants and guests.
Redfin Estimate
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Market trends in 87124, NM
Last updated October 2026
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Sale history for 4200 Ridgeway Ct SE
$126/sq ft
Tax history for 4200 Ridgeway Ct SE
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
R-3
Mixed Residential District
This district permits a moderate density of population in which the principal use is single-family attached or detached townhome or patio home dwelling units or for small-scale multi-family units.Include but are not limited to:
- Religious facility
- Housing-Group
- Housing-Single unit
- Infrastructure
- Park & open space
Property details
Parking
- Parking
- # of Parking (Total): 6
Interior
- Laundry Information
- Features: Washer Hookup
- Fireplace Information
- Features: Option
- Equipment
- Appliances: Dryer, Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Refrigerator, Washer
- Interior Features
- Flooring: Carpet, Tile, Vinyl
- Other Features: Ceiling Fan(s)
- Multi Unit Information
- # Of Units Total: 4
- # Of Buildings: 1
- Multi Unit Financial Information
- Gross Income: $30,276
- Operating Expense: $9,847
- Unit Type 1
- # of Bedrooms: 2
- # of Bathrooms Total: 2
- Total Rent: $760
- Actual Rent: $760
- Unit Type 2
- # of Bedrooms: 2
- # of Bathrooms Total: 2
- Total Rent: $760
- Actual Rent: $760
- Unit Type 3
- # of Bedrooms: 3
- # of Bathrooms Total: 2
- Total Rent: $1,181
- Actual Rent: $1,181
- Unit Type 4
- # of Bedrooms: 3
- # of Bathrooms Total: 2
Exterior
- Building Information
- Stories: 2
- Stories (Total): 2
- Construction Details: Frame, Stucco
- Builder Name: unknown
- Lot Information
- Lot Size Acres: 0.29
- Lot Dimensions Source: Public Records
- Lot Size Source: Public Records
- Zoning Description: R-3
- Property Information
- Resale
Financial
- Tax Information
- Annual Tax Amount: $3,578.32
- Rental Information
- Tenant Pays: Electricity, Gas
Utilities
- Utility Information
- Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities
- Heating & Cooling
- Has Cooling
- Cooling: Central Air, Refrigerated, Ceiling Fan(s)
- Has Heating
- Heating: Central, Forced Air
Location
- Community Information
- Community Features: Deck/Porch
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: 4,319
- Stories: —
- Lot Size: 0.29 acres
- Style: Multi-Family (2-4 Unit)
- Year Built: 2005
- Year Renovated: —
- County: Sandoval County
- APN: R143887
Around this home
Schools
- K - 12
- Preschool & daycare
Public K-5 • Assigned • 0.5mi
Public 6-8 • Assigned • 2.1mi
Public 9-12 • Assigned • 1.1mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
6 days above 95° expected this year, 16 days in 30 years
Minimal risk of severe winds over next 30 years
0 unhealthy days expected this year, 0 days in 30 years
Sun exposure
In this area, properties receive around 11.8 hours in June and 7.1 hours in December, placing it above the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 87124
Home values near 4200 Ridgeway Ct SE
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1542 Sq. Ft. | $318,024 |
4 Beds | 3 Baths | 2082 Sq. Ft. | $366,608 |
3 Beds | 2 Baths | 1547 Sq. Ft. | $282,335 |
3 Beds | 2 Baths | 1680 Sq. Ft. | $289,566 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1542 Sq. Ft. | $386,613 |
3 Beds | 2 Baths | 1633 Sq. Ft. | $353,936 |
3 Beds | 2 Baths | 1747 Sq. Ft. | $370,029 |
3 Beds | 2 Baths | 1542 Sq. Ft. | $355,002 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1850 Sq. Ft. | $385,401 |
4 Beds | 2 Baths | 1824 Sq. Ft. | $361,668 |
4 Beds | 2.5 Baths | 1900 Sq. Ft. | $383,408 |
3 Beds | 2 Baths | 1538 Sq. Ft. | $284,117 |
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