533 Vancouver Rd SE Rio Rancho, NM 87124
Estimated payment $3,722/month
Highlights
- Evaporated cooling system
- Forced Air Heating System
- Property has 1 Level
- Eagle Ridge Middle School Rated A-
- CRI Green Label Plus Certified Carpet
About This Home
Don't miss this rare chance to own a fully rented 4-plex in the heart of Rio Rancho! Situated on a spacious 0.34-acre lot, this well-maintained property features four identical 2-bedroom, 1-bath units, each offering approximately 900 sq ft of comfortable living space.Each unit is thoughtfully designed with an open-concept kitchen, breakfast bar, and electric stove, creating a welcoming atmosphere for tenants. Washer and dryer hookups in every unit add convenience, while individual storage units provide added value. Ample on-site parking ensures tenants and guests have easy access at all times.With strong rental demand in the area and well-appointed features throughout, this property is an ideal addition to any investor's portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,600
Year Built
- Built in 2005
Home Design
- Quadruplex
- Stucco
Flooring
- CRI Green Label Plus Certified Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Laundry in Garage
- Washer and Dryer Hookup
Utilities
- Evaporated cooling system
- Forced Air Heating System
Additional Features
- Property has 1 Level
- 0.34 Acre Lot
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number R002310
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,955 | $108,213 | $14,785 | $93,428 |
| 2023 | $3,955 | $108,213 | $14,785 | $93,428 |
| 2022 | $3,840 | $105,062 | $14,785 | $90,277 |
| 2021 | $2,269 | $61,446 | $11,704 | $49,742 |
| 2020 | $2,229 | $59,656 | $0 | $0 |
| 2019 | $2,244 | $59,656 | $0 | $0 |
| 2018 | $2,049 | $57,918 | $0 | $0 |
| 2017 | $1,964 | $56,231 | $0 | $0 |
| 2016 | $2,136 | $54,594 | $0 | $0 |
| 2014 | $217 | $5,245 | $0 | $0 |
| 2013 | -- | $5,245 | $5,245 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | For Sale | $625,000 | +90.5% | -- |
| 08/23/2021 08/23/21 | Sold | -- | -- | -- |
| 07/09/2021 07/09/21 | Pending | -- | -- | -- |
| 07/06/2021 07/06/21 | For Sale | $328,000 | -- | $91 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Fidelity National Ttl Ins Co | |
| Warranty Deed | -- | Fidelity National Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $301,500 | New Conventional | |
| Closed | $301,500 | New Conventional |
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
MLS Number: 1089070
APN: 1-009-069-407-083
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