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.
- MLS# 1107082
- Date Listed07/08/2026
- Days on Realty 5 Days
- Bedrooms 2
- Bathrooms 8 baths
- Lot Size 0.57 acres (24,829 sq. ft)
- Subdivision Star Heights 2
- County Sandoval
- Year Built 1980
- Square Feet 6,684 sq. ft
- Price Per Sq. Ft $154.1
Interior Features
- Appliances Dishwasher, Refrigerator
- Flooring Carpet
- Cooling Evaporative Cooling
- Heating Central, Forced Air
Exterior / Lot Features
- Exterior Lighting
- Roof -
- Lot Size Acres 0.57
- Lot Size SQFT 24,829.00
- Lot Features -
Financial Considerations
- Tax Amount $3,716
- Terms Cash, Conventional, FHA, VA Loan
Schools near 87124
Explore the local neighborhood highlights and top-rated schools near 87124 in Rio Rancho, NM.
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
Local Neighborhood Highlights for 87124
Discover key demographics, population statistics, and environmental insights for the Rio Rancho, NM area.
Population & Environment
Source: Sperling's Best Places
53/100
Somewhat Walkable
Walk Score ®
0/100
Minimal Transit
Transit Score ®
39/100
Bikable
Bike Score ®
Overview
Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 15/100, Transit Score: 2/100, Bike Score: 30/100.
Property Change History
Points of Interest near 309 313 Geraldine Loop SE, Rio Rancho, NM 87124
Frequently Asked Questions for 309 313 Geraldine Loop SE
Source: Realty.com
309 313 Geraldine Loop SE, Rio Rancho, NM 87124 in Star Heights 2, Rio Rancho, NM 87124 is a quadruplex listed at $1,030,000. Highlights include 2 bedrooms, 8 bathrooms, 6,684 sq. ft., built in 1980, 0.57 acre lot, $154 per sq. ft.. Realty.com has 8 photos, sales history, school insights, and mortgage tools for this...
Realty.com has 8 photos of 309 313 Geraldine Loop SE.
Our records indicate that 309 313 Geraldine Loop SE was built in 1980.
The full address for this home is 309 313 Geraldine Loop SE, Rio Rancho, NM 87124.
309 313 Geraldine Loop SE has been listed on Realty.com since Wed July 08, 2026
Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 15/100, Transit Score: 2/100, Bike Score: 30/100.
There are 3 schools assigned to this home. Check out the schools near 309 313 Geraldine Loop SE. Shining Stars Preschool (Grades: PK - 4), Lincoln Middle School (Grades: 6 - 8), Rio Rancho High School (Grades: 9 - 12)
Listing provided courtesy of:
Absolute Real Estate
(tel: 505-681-8578)
Listing agent:
Michael Schlichte
(tel: 505-318-6264)
(#mikeds)
This content last refreshed on 2026-07-13 12:45:34. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.