Rio Rancho, NM Multifamily Properties for Sale

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Corrales, NM Albuquerque, NM

9 properties

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Updated: Sep 7

Fourplex with Private Yards

483 Vancouver Road SE, Rio Rancho, NM 87124

$595,000

3,433 sqft 0.46 AC lot

Fully occupied fourplex with four apartments
Each apartment is approximately 850 square feet, with 2 bedrooms and 1 bathroom
0.46‑acre corner lot in Rio Rancho
Metal roof updated in 2021
Private backyard, washer/dryer hookups, and individual storage for each apartment

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Updated: Jul 8

Two-Building 8-Unit Apartment Property

309-313 Geraldine Loop SE, Rio Rancho, NM 87124

$1,030,000

6,684 sqft 0.57 AC lot

Two separately parceled fourplex buildings included together
8 units totaling 6,684 square feet
Each unit offers 2 bedrooms and 1 bathroom
All units are currently occupied
0.57 acres at 309‑313 Geraldine Loop SE

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Two Fourplex Apartment Buildings

55-65 Darlene Road SE, Rio Rancho, NM 87124

$1,030,000

6,620 sqft 0.41 AC lot

Occupied two-bedroom residences feature central and forced-air heating.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

Quadplex with Private Backyards

1000 Meadowlark Ct, Rio Rancho, NM 87124

$605,352

3,416 sqft

Two-story apartment property with updated interiors, off-street parking, and private outdoor areas for select units.

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Four-Unit Apartment Property

1000 Meadowlark Court SE, Rio Rancho, NM 87124

$605,352

3,416 sqft 0.16 AC lot

Two-story quadplex with updated interiors, private backyards for lower units, and separately metered gas and electric service.

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Fully Occupied Fourplex with Corner Lot

483 Vancouver Road SE, Rio Rancho, NM 87124

$595,000

3,433 sqft

Four two-bedroom apartments offer private backyards, laundry hookups, and individual storage.

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Two-Building Quadplex Portfolio

309-313 Geraldine Loop, Rio Rancho, NM 87124

$1,030,000

6,684 sqft

Occupied two-bedroom rentals with one bath per unit and established tenancy.

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Two-Building Quadplex Portfolio

55-65 Darlene Rd, Rio Rancho, NM 87124

$1,030,000

6,620 sqft

Eight occupied two-bedroom residences are arranged across two separately parceled buildings in Rio Rancho.

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New Construction Duplex

396 Pecos Loop, Rio Rancho, NM 87124

$579,990

1,951 sqft

Two-unit property with modern finishes, private outdoor areas, dedicated parking, and a two-car garage.

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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 9 Active listings in Rio Rancho, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated 4-Unit Quadplex

321 Wayne Road NW, Los Ranchos, NM 87114

$739,000

3,000 sqft 0.57 AC lot

Four distinct residences include private outdoor areas, separate electric meters, and on-site parking.

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6-Unit Apartment Property

9238 4th St, Albuquerque, NM 87114

$665,000

3,575 sqft 0.48 AC lot

Two separated buildings provide a six-unit multifamily configuration with studios, one-bedroom apartments, and a two-bedroom unit.

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Updated Four-Unit Property

321 Wayne Rd Nw, Los Ranchos, NM 87114

$739,000

3,000 sqft 0.50 AC lot

Two one-bedroom units and a two-bedroom duplex create a flexible four-residence configuration.

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Mixed-Use Property with Fitness Center

9368 Valley View Drive NW, Albuquerque, NM 87114

$5,500,000

0.88 AC lot

Combines an occupied fitness center with 13 two-bedroom condominium units.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Rio Rancho Land Opportunity

612 Inca Road SE, Rio Rancho, NM 87124

$30,000

0.50 AC lot

Half-acre lot in growing area, investment potential.

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Rio Rancho Land Parcel

608 Inca Road SE, Rio Rancho, NM 87124

$30,000

0.50 AC lot

Half-acre lot in growing Rio Rancho area.

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Rio Rancho Land Opportunity

606 Inca (lot 55) Road SE, Rio Rancho, NM 87124

$30,000

0.50 AC lot

Half-acre lot in growing Rio Rancho area.

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Residential Land Lot

2305 30th Street SW, Rio Rancho, NM 87124

Contact for pricing

0.50 AC lot

Half-acre lot in Rio Rancho with 80' frontage, suitable for manufactured homes pending county criteria.

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Off-Market Properties in Rio Rancho, NM

Consider similar Off-Market properties in Rio Rancho, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Multifamily properties

0 Sec Camino Venada & Lincoln Ave, Rio Rancho, NM 87144

Estimated value: by Request

2.97 AC lot

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Multifamily properties

0 Nec Camino Encantada & Camino Venada, Rio Rancho, NM 87144

Estimated value: by Request

1.23 AC lot

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Rio Rancho, NM Multifamily Properties Market Trends and Statistics

Explore 11 multifamily properties for sale in Rio Rancho, NM, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 42,257 square feet of properties for sale, with an estimated market value of $7,100,694.

Sale prices for multifamily properties in Rio Rancho, NM start at $579,990, averaging $788,966, and reaching up to $1,030,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 108K

Population Growth (5Y) +11.9%

Median Household Income $86,287

College Educated 30.8%

High-Yield Neighborhoods for Investment

Identify Rio Rancho submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
87124	$790.1K

Taxes & Financing

Tax Rate (average for all types) 3.50%

Property Tax per SF $76.21 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sandoval County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Rio Rancho fall within the 100,000+ square foot range.

How Realmo verifies these figures

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