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483 Vancouver Road Se, Rio Rancho, NM 87124

Rio Rancho
Local realty services provided by:CENTURY 21 Champions, Inc.
483 Vancouver Road Se,Rio Rancho, NM 87124
$595,000
  • 4 Beds
  • 2 Baths
  • 3,433 sq. ft.
  • Multi-family
  • Active
Listed by: franz redl
Office: r & r real estate partners llc.
MLS#:1110561
Source:NM_SWMLS

Price summary

  • Price:$595,000
  • Price per sq. ft.:$173.32

About this home

Fully occupied Fourplex on an oversized, almost 0.5 Acre Corner Lot with the possibility for adding more Apartments! Each of the 4 Apartments are approx. 850 sf and feature a generous layout with 2 Bedrooms, 1 Bathroom, Kitchen with Dining area, large Living Room and their own Backyard. Washer/Dryer hookups in each Apartment, plus individual storage units. The building was updated with a metal roof in 2021 for long-term durability. With market rents at $1,200/m per unit, the proforma CAP Rate is close to 8%. Please do not disturb tenants.

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Home facts

  • Year built:1997
  • Subdivision & Development:Rio Rancho Estates
  • Listing ID #:1110561
  • Added:45 day(s) ago
  • Updated:October 23, 2026 at 02:34 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Flooring:Carpet, Laminate, Tile
  • Kitchen Description:Dishwasher, Free Standing Gas Range, Range Hood, Refrigerator
  • Living area:3,433 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Forced Air

Structure and exterior

  • Year built:1997
  • Building area:3,433 sq. ft.
  • Lot area:0.46 Acres
  • Construction Materials:Frame, Stucco
  • Exterior Features:Patio
  • Levels:1 Story

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$595,000
  • Price per sq. ft.:$173.32
  • Tax amount:$2,920

Features and amenities

  • Appliances:Dishwasher, Free Standing Gas Range, Range Hood, Refrigerator

Parking

  • Total parking spaces:8

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