Four-Unit Apartment
For Sale
$595,000
1000 Meadowlark Court SE, Rio Rancho, NM 87124
Residential Income, Rio Rancho, NM
Property SizeContact for details
Lot Size0.16 Acres
Days on Market115
Property Features for 1000 Meadowlark Court SE
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R-3
Bedrooms
12
Full bathrooms
6
Rooms
Bedroom 8, Bathroom 4, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 10, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 7, Bedroom 9, Bedroom 11, Bathroom 5, Bedroom 12, Bathroom 6, Bathroom 1, Bathroom 3
Parking
6
Subdivision
Meadowlark
Directions
From NM 528 and Meadowlark LN: East on Meadowlark Ln to Meadowlark Ct. 1000 Meadowlark Ct is on the NE corner of Meadowlark Ln and Meadowlark Ct.
Standard status
Active
APN
1014068115294
Lot size
0.16 Acres
Additional Details
Individually Metered Utilities
gas, electric
Taxes and HOA fees
Tax Description
Subd: Meadowlark Lot: 1
Tax Annual Amount
1991
Legal Description
Subd: Meadowlark Lot: 1
Amenities
washer/dryer hook-ups
large backyards
open kitchens/dining areas
updated appliances
dishwashers
off-street parking
exterior storage
Building Details
Year built
1981
Number of units
4
Buildings
1
Listing Agency:
Deacon Property Services
Listed By:
Kyle E Deacon · License #15579
(505) 878-0100
Added: Jul 14
Changed: Nov 5
Last Checked: Nov 5 at 2:06PM
MLS# 1111034
Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This two-story apartment property contains four two-bedroom, one-bath residences and was built in 1981. Kitchens have updated appliances, including dishwashers, and units include either washer and dryer sets or hookups. Exterior storage serves the apartments, while ground-floor homes have private yard areas. Renovation work has been completed at different times as apartments turned over, with Apartment 2 recently updated.
The 0.16-acre property is zoned R-3 and located in Rio Rancho near a major shopping center, Intel, and Hwy 528. Each apartment has its own gas and electric meter, with off-street parking close to the individual entrances.
The 0.16-acre property is zoned R-3 and located in Rio Rancho near a major shopping center, Intel, and Hwy 528. Each apartment has its own gas and electric meter, with off-street parking close to the individual entrances.
Key Highlights
- Four apartments, each with two bedrooms and one bathroom
- Two‑story building constructed in 1981 on 0.16 acres
- R‑3 zoning in Rio Rancho
Property Analytics
Who owns this building?
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Lease Details
4
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
996
Businesses Nearby
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Business Placement
Demographics for 87124, NM
59,781
Population
23,027
Households
2.6
Avg Household Size
40
Median Age
33%
College-Educated
94%
High-School Grad
77.9 sq mi
ZIP Area
767
Density / Sq Mi
$82,278
Median Household Income
$43,353
Median Earnings
$1,380
Median Rent
$262,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Residents have separate gas and electric meters, nearby off-street parking, and individual exterior entrances.
Where is this quadplex located?
The property is located at 1000 Meadowlark Court SE Rio Rancho, NM.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Four apartments, each with two bedrooms and one bathroom; Two‑story building constructed in 1981 on 0.16 acres; R‑3 zoning in Rio Rancho
