Ideally located Rio Rancho 4-plex that's walking distance to shopping, medical, and transportation routes. Lots of potential for higher income as RR rentals are scarce and local employers are hiring. 2 3BR ground floor units, and two upper level 2BR units---all of which have 2 bathrooms and all units have washer/dryer. Fireplace in downstairs 3BR units. Tile roof, stucco, and ample parking for tenants and guests.
Sold on 05/31/23
Price Unknown
4200 Ridgeway Ct SE, Rio Rancho, NM 87124
10beds
8baths
4,340sqft
Quadruplex, Multi Family
Built in 2005
-- sqft lot
$666,400 Zestimate®
$--/sqft
$1,907 Estimated rent
Home value
$666,400
$626,000 - $713,000
$1,907/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 25, 2025 at 12:01pm
Listed by:
The Southwest Life ReGroup 505-307-1129,
EXP Realty LLC,
Steve Murtha 505-480-2381,
EXP Realty LLC
Bought with:
Nathan Louis Boitano, 54242
RE/MAX SELECT
Source: SWMLS,MLS#: 1032686
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
Heating
- Central, Forced Air
Cooling
- Central Air, Refrigerated, Ceiling Fan(s)
Appliances
- Included: Dryer, Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Refrigerator, Washer
- Laundry: Washer Hookup
Features
- Ceiling Fan(s)
- Flooring: Carpet, Tile, Vinyl
- Has basement: No
- Fireplace features: Option
Interior area
- Total structure area: 4,340
- Total interior livable area: 4,340 sqft
Property
Parking
- Total spaces: 6
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.29 Acres
Details
- Parcel number: 1014069085267
- Zoning description: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 2005
Utilities & green energy
- Electric: None
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities
Community & neighborhood
Community
- Community features: Deck/Porch
Location
- Region: Rio Rancho
- Subdivision: Ridgecrest Subdivision
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 5/31/2023 | Sold | -- |
Source:  SWMLS #1032686 | ||
| 4/17/2023 | Pending sale | $549,000$126/sqft |
Source: SWMLS #1032686 | ||
| 4/15/2023 | Listed for sale | $549,000$126/sqft |
Source: SWMLS #1032686 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,184 +0.6% | $205,873 +3.9% |
| 2024 | $7,141 +95.5% | $198,140 +85.1% |
| 2023 | $3,653 +2.1% | $107,016 +3% |
Find assessor info on the county website
Neighborhood: High Resort
Nearby schools
GreatSchools rating
- 5/10Rio Rancho Elementary SchoolGrades: K-5Distance: 0.5 mi
- 7/10Rio Rancho Middle SchoolGrades: 6-8Distance: 2.1 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$666,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$666,400