NM Apartment Advisors Inc and Deacon Property Services are excited to bring to market a rare commodity - a very-well located Rio Rancho 4-plex. This 1981 built 2-story complex features four 2-Bedroom / 1 bath apartments with replaces and washer / dryers or wash er / dryer hook-ups. Downstairs units have large backyards. Units are separately metered for gas and electric.Beyond the great location close to the city's largest shopping center mecca, Intel, and Hwy 528, residents love the open kitchens / dining areas with updated appliances (including dishwashers), the easy off-street parking right near each apartment's entry, and the additional exterior storage. Apartments have been updated as units have turned over and boast different levels of recent renovations. Apartment #2 is a just-updated ground floor / updated apartment with a big backyard and patio space - it has been left open for potential owner / occupants and easy showings.Don't miss this amazing opportunity to own a quality 4-plex in one of the ABQ Metro Area's highest demand rental areas and fastest growing submarkets.
For sale
$605,352
1000 Meadowlark Ct SE, Rio Rancho, NM 87124
6beds
3baths
3,416sqft
Quadruplex, Multi Family
Built in 1981
-- sqft lot
$585,600 Zestimate®
$177/sqft
$-- HOA
What's special
Additional exterior storage
- 11 days
- 402
- 32
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kyle E Deacon 505-878-0100,
Deacon Property Services 505-878-0100,
Todd D Clarke 505-440-8633,
NM Apartment Advisors, Inc.
Source: SWMLS,MLS#: 1111034
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Dishwasher, Free-Standing Electric Range, Refrigerator
- Laundry: Washer Hookup, Dryer Hookup, In Unit
Features
- Flooring: Tile, Vinyl
- Has fireplace: Yes
Interior area
- Total structure area: 3,416
- Total interior livable area: 3,416 sqft
Property
Parking
- Total spaces: 6
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Landscaping, Patio
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 1014068115294
- 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: 1981
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Features: Patio, Storage Facilities
- Subdivision: Meadowlark
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $177/sqft
- Tax assessed value: $165,711
- Annual tax amount: $1,990
- Date on market: 9/15/2026
- Cumulative days on market: 12 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 4535
- Tenant pays: Electricity, Gas
Estimated market value
$585,600
$556,000 - $615,000
$2,824/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Listed for sale | $605,352$177/sqft |
Source:  SWMLS #1111034 Report a problem | ||
| 5/14/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/24/2024 | Listed for rent | $1,100 |
Source: Zillow Rentals Report a problem | ||
| 7/21/2021 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,928 -3.2% | $55,237 |
| 2024 | $1,991 -0.4% | $55,237 |
| 2023 | $1,998 +1.9% | $55,237 +3% |
| 2022 | $1,960 +2.9% | $53,628 +5.2% |
| 2021 | $1,905 +3% | $50,994 +3% |
| 2020 | $1,850 -0.7% | $49,509 -31.1% |
| 2019 | $1,862 +9.5% | $71,866 +28.7% |
| 2018 | $1,701 -6.9% | $55,854 +19.7% |
| 2017 | $1,826 | $46,667 -12.1% |
| 2016 | $1,826 -10.3% | $53,119 -14.8% |
| 2014 | $2,036 | $62,358 |
| 2013 | $2,036 | $62,358 -66.7% |
| 2011 | -- | $187,074 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 87124
- $--2 bd1 ba800 sqft1000 Meadowlark Ct SE #4, Rio Rancho, NM 87124Off Market
- $--2 bd1 ba800 sqft1010 Meadowlark Ct SE #2, Rio Rancho, NM 87124Off Market
- $--2 bd1 ba800 sqft1010 Meadowlark Ct SE APT 1, Rio Rancho, NM 87124Off Market
- $--2 bd1 ba800 sqft1010 Meadowlark Ct SE APT 4, Rio Rancho, NM 87124Off Market
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