For sale

$600,000

483 Vancouver Rd SE, Rio Rancho, NM 87124

4beds

2baths

3,433sqft

$3,996/mo

Get pre-qualified

Quadruplex, Multi Family

Built in 1997

-- sqft lot

$580,500 Zestimate^®

$175/sqft

$-- HOA

What's special

Kitchen with dining areaGenerous layoutOwn backyardIndividual storage units

Fully occupied Fourplex on oversized, almost 0.5 Acre Corner Lot with the possibility for adding more units! 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. Please do not disturb tenants.

6 days
168
8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Forced Air

Cooling

Evaporative Cooling

Appliances

Included: Dishwasher, Free-Standing Gas Range, Refrigerator, Range Hood

Features

Flooring: Carpet, Laminate, Tile

Interior area

Total structure area: 3,433
Total interior livable area: 3,433 sqft

Property

Parking

Total spaces: 8

Features

Levels: One
Stories: 1
Patio & porch: Patio
Exterior features: Patio

Lot

Size: 0.46 Acres
Dimensions: 100 x 200

Details

Parcel number: 1009069478167
Zoning description: R-2

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Frame, Stucco

Condition

Resale
New construction: No
Year built: 1997

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
Subdivision: Rio Rancho Estates

Location

Region: Rio Rancho

Financial & listing details

Price per square foot: $175/sqft
Tax assessed value: $243,067
Annual tax amount: $2,920
Date on market: 9/7/2026
Cumulative days on market: 7 days
Listing terms: Cash,Conventional
Total actual rent: 3850
Tenant pays: Electricity, Gas

Estimated market value

$580,500

$551,000 - $610,000

$1,403/mo

Price history

Date	Event	Price
9/7/2026	Listed for sale	$600,000+126.4%$175/sqft
Source: SWMLS #1110561 Report a problem
5/15/2019	Listing removed	$265,000$77/sqft
Source: Berkshire Hathaway ALLSTAR #940743 Report a problem
4/2/2019	Pending sale	$265,000$77/sqft
Source: Berkshire Hathaway ALLSTAR #940743 Report a problem
3/30/2019	Listed for sale	$265,000$77/sqft
Source: Berkshire Hathaway ALLSTAR #940743 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,827 -3.2%	$81,022
2024	$2,920 -0.4%	$81,022
2023	$2,930 +1.9%	$81,022 +3%
2022	$2,875 -2.2%	$78,663
2021	$2,939 +3%	$78,663 +3%
2020	$2,853 +34.1%	$76,371 +35.1%
2019	$2,127 +9.5%	$56,545 +3%
2018	$1,942 -4.1%	$54,898 +3%
2017	$2,025	$53,300 +3%
2016	$2,025 +2.1%	$51,747 -42.5%
2014	$1,984	$90,041
2013	$1,984	$90,041