Fully occupied Fourplex on oversized, almost 0.5 Acre Corner Lot with the possibility for adding more units! Each of the 4 Apartments are approx. 850 sf and feature a generous layout with 2 Bedrooms, 1 Bathroom, Kitchen with Dining area, large Living Room and their own Backyard. Washer/Dryer hookups in each Apartment, plus individual storage units. The building was updated with a metal roof in 2021 for long-term durability.
Multi-familyProperty Type
1997Year Built
0.46 acresLot Size
$175Price/Sq.Ft.
8 spacesParking
Listed by Franz Redl• R & R Real Estate Partners LLC
4plex near Rainbow and Tulip. All 4 units are 2 bedrooms. "Property is occupied and occupants are not to be disturbed or contacted under any circumstances. Interior inspections are not available and property is being sold as is. Property is sold through auction. Please contact the listing agent for bidding instructions. " A seller credit is offered to the buyer at closing: List price of $75,000 or more: Credit = $750. List price less than $75,000: Credit = $500
Public Records
Jan 30, 2007
Sold
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Year
Property tax
Land + Additions
Assessment*
2025
$2,827 (−3.2%)
2024
$2,920 (−0.4%)
2023
$2,930 (+1.9%)
$19,727 + $61,295
$81,022
2022
$2,875 (−1.0%)
$24,051 + $54,612
$78,663
2021
$2,904 (+1.8%)
$24,051 + $54,612
$78,663
2020
$2,853 (+34.1%)
$24,051 + $54,612
$78,663
2019
$2,127 (+9.5%)
$12,259 + $44,286
$56,545
2018
$1,942 (+4.3%)
$12,259 + $44,286
$56,545
2017
$1,862 (−8.0%)
$10,711 + $42,589
$53,300
2016
$2,024 (+2.1%)
$10,711 + $42,589
$53,300
2015
$1,983 (−41.8%)
$10,000 + $41,747
$51,747
2014
$3,405
$9,106 + $80,935
$90,041
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.46 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,433
Year built
1997
Style
Multi-Family (2-4 Unit)
County
Sandoval County
APN
R126269
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Jul 27, 2026.
R-3
OZ
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.
Zone overlays
Overlay Zone
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Infrastructure
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 94° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Rio Rancho, NM • 87124
Average low and high temperatures (°F)
48
25
61
33
69
40
72
45
79
52
91
63
91
65
92
66
84
58
75
50
59
34
56
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
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.
11.8 hrs
7.1 hrs
JuneDecember
Provided by Shadowmap
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