75 Darlene Rd SE Rio Rancho, NM 87124
Solar Village-Mid-Unser NeighborhoodEstimated payment $3,545/month
Highlights
- Evaporated cooling system
- Tile Flooring
- Forced Air Heating System
- Lincoln Middle School Rated A-
About This Home
Rare Rio Rancho Fourplex! Excellent investment in one of NM's fastest-growing, most desirable areas. Four 2BR/1BA units with in-unit washer/dryer hookups offer strong rental demand and potential for increased income. Perfect for investors seeking reliable cash flow or owner-occupants looking to offset mortgage costs. Prime location in a convenient neighborhood with top-rated Rio Rancho schools, close to shopping, dining, and major commuter routes. With property values on the rise and minimal city investment supply, this is a rare opportunity to secure a high-performing asset with long-term upside. Two units have backyards; the other two have balconies. Don't miss out!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,128
Year Built
- Built in 1980
Home Design
- Quadruplex
Kitchen
- Free-Standing Gas Range
- Range Hood
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Laundry in Garage
- Washer and Dryer Hookup
Utilities
- Evaporated cooling system
- Forced Air Heating System
- Natural Gas Connected
Additional Features
- Property has 2 Levels
- 6,098 Sq Ft Lot
Community Details
- 4 Units
Listing and Financial Details
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number R046176
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 |
|---|---|---|---|---|
| 2025 | $1,803 | $170,022 | $10,382 | $159,640 |
| 2024 | $1,828 | $50,025 | $6,146 | $43,879 |
| 2023 | $1,828 | $50,025 | $6,146 | $43,879 |
| 2022 | $1,775 | $48,568 | $6,992 | $41,576 |
| 2021 | $1,815 | $48,568 | $6,992 | $41,576 |
| 2020 | $1,762 | $47,154 | $0 | $0 |
| 2019 | $1,774 | $47,154 | $0 | $0 |
| 2018 | $1,620 | $45,781 | $0 | $0 |
| 2017 | $1,553 | $44,448 | $0 | $0 |
| 2016 | $1,689 | $43,153 | $0 | $0 |
| 2014 | $1,632 | $52,954 | $0 | $0 |
| 2013 | -- | $52,954 | $5,545 | $47,409 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/30/2025 10/30/25 | Price Changed | $579,000 | -2.7% | -- | |
| 10/26/2025 10/26/25 | For Sale | $595,000 | 0.0% | -- | |
| 10/19/2025 10/19/25 | Pending | -- | -- | -- | |
| 10/04/2025 10/04/25 | Off Market | -- | -- | -- | |
| 10/01/2025 10/01/25 | Price Changed | $595,000 | 0.0% | -- | |
| 10/01/2025 10/01/25 | For Sale | $595,000 | -0.7% | -- | |
| 08/15/2025 08/15/25 | For Sale | $599,000 | +8.7% | -- | |
| 07/11/2024 07/11/24 | Sold | -- | -- | -- | View Prior Sale |
| 06/11/2024 06/11/24 | Pending | -- | -- | -- | |
| 05/31/2024 05/31/24 | Price Changed | $551,000 | +0.2% | $172 / Sq Ft | |
| 04/14/2024 04/14/24 | For Sale | $550,000 | -- | $172 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Fidelity National Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $397,500 | New Conventional |
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
MLS Number: 1089741
APN: 1-011-069-199-375
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