$1,030,000

$154/sqftactive

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

0 days on market

Beds

Baths

Sqft

6,684

Lot

24,829 sqft

Built

1980

Type

multi family

About This Property

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.

Features & Amenities

Lighting

Dishwasher

Refrigerator

Carpet Flooring

Subdivision: Star Heights 2

Property Details

MLS #	1107082
Property Type	multi family
Year Built	1980
Heating	Central,ForcedAir
Cooling	EvaporativeCooling
Lot Size	24,829 sqft
Property Tax (est.)	$3,716/yr ($310/mo)
Price / Sqft	$154
Status	Active
Days on Market	0

About Rio Rancho → Full Guide

Price vs. Neighborhood

This home

$1,030,000

Rio Rancho median

$345,000

199% above the Rio Rancho median. Homes here sell in an average of 28 days.

Commute Times

Unm

30 min

Downtown

25 min

Abq Studios

35 min

Sandia Labs

30 min

Kirtland Afb

35 min

Presbyterian

25 min

Intel Rio Rancho

10 min

Nearby Schools

Colinas del Norte Elementary

K-5 · RRPS

7/10

Cleveland High School

9-12 · RRPS

7/10

Lincoln Middle School

6-8 · RRPS

6/10

Rio Rancho High School

9-12 · RRPS

6/10

Neighborhood Guide

Explore Rio Rancho

Growing & Modern

Listing courtesy of Absolute Real Estate. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.