About 309-313 Geraldine Loop Se
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 of 309-313 Geraldine Loop Se
| MLS® # | 1107082 |
|---|---|
| Price | $1,030,000 |
| Original Price | $1,030,000 |
| Price Per Sq.Ft. | $154.1 |
| Bedrooms | 2 |
| Bathrooms | 8.00 |
| Square Footage | 6,684 |
| Acres | 0.57 |
| Year Built | 1980 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
| Is Green | No |
| Guest House | No |
Community Information
| Address | 309-313 Geraldine Loop Se |
|---|---|
| Area | 150 - Rio Rancho MiD |
| Subdivision | Star Heights 2 |
| City | Rio Rancho |
| County | Sandoval |
| State | NM |
| Zip Code | 87124 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet |
|---|---|
| Appliances | Dishwasher, Refrigerator |
| Heating | Central, Forced Air |
| Cooling | Evaporative Cooling |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior Features | Lighting |
|---|---|
| Construction | Frame, Stucco |
| Builder | Unknown |
Additional Information
| Date Listed | July 10th, 2026 |
|---|---|
| Days on Market | 61 |
| RE / Bank Owned | No |
| Finance Considered | Cash, Conventional, FHA, Other, See Remarks, VA Loan |
| Current Taxes | $3,716 |
Listing Details
| Office | Absolute Real Estate |
|---|