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Farmington, NM Multifamily Homes & Duplexes for Sale

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  • /94

    $1,122,000

    • 3 Baths
    • 2,949 Sq Ft

    5045 Bloomfield Hwy, Farmington, NM 87401

    Do not miss this opportunity to own this established fruit orchard with views of the San Juan River and the Bisti Bluffs. Property includes 2 Homes which are active rentals, 2 Ag Buildings, an active gas well, and several other storage buildings. Home #2 is a 3 bedroom 1 bathroom 1512sf updated home built in 1956. Home is a stucco home with a pitched shingle roof, covered patio, foyer, and

    Agent Photo

    Allen Elmore

    EXP Realty, LLC

    (505) 589-3316

    5045 Bloomfield Hwy, Farmington, NM 87401
  • /94

    $1,647,000

    • 6 Baths
    • 7,320 Sq Ft

    5045 Bloomfield Hwy, Farmington, NM 87401

    3 RENTAL HOMES AND ROOM FOR MORE! SEWER ACCESS WITH ADDITION OF LIFT STATION. Do not miss this opportunity to own this established fruit orchard with views of the San Juan River and the Bisti Bluffs. Property includes 2 Homes which are active rentals, 2 Ag Buildings, an active gas well, and several other storage buildings. Home #1 is a 1437sf 3 bedroom 2 bath home built in 1962. Home features a

    Agent Photo

    Allen Elmore

    EXP Realty, LLC

    (505) 636-5494

    5045 Bloomfield Hwy, Farmington, NM 87401
  • /97

    $359,900

    • 2 Baths
    • 1,584 Sq Ft

    311 & 313 N Buena Vista Ave, Farmington, NM 87401

    Rare find! Two separate properties being sold together. Both are tenant occupied.311 N Buena Vista (3 bedroom 1 bathroom) Mesmerizing New Mexico-Style RetreatUnbelievable charm meets smart investment! This gem features a lovely private courtyard, updated electrical, and authentic New Mexico style throughout. Upstairs bedrooms offer cozy comfort while the layout provides unbeatable privacy. A

    Jodi Brown Real Estate PROS

    311 & 313 N Buena Vista Ave, Farmington, NM 87401
  • /12

    $250,000

    • 4 Baths

    1033 Smith Ln, Farmington, NM 87401

    Addresses to include 1031, 1033 and 1035 Smith Lane. Great income, this property consists of an old laundromat that is over 4000 sq. ft., a site built house that is a 2 BR, 1 Bath, 2 living areas, approx. 1514 sq. ft., which owner currently occupies, plus 3 older single MH's that are 2 BR, 1 bath, they all pay their own utilities except water which runs around $380 a month, there also is

    Elizabeth Tafoya RE/MAX of Farmington

    1033 Smith Ln, Farmington, NM 87401
  • /15

    $399,900

    • 6 Baths
    • 3,385 Sq Ft

    602 N Orchard Ave Unit A - F, Farmington, NM 87401

    Get ready to seize an exciting investment opportunity! This charming six-unit property showcases updated cozy one-bedroom, one-bathroom units, perfectly crafted for comfort and ease. Nestled just minutes from the vibrant downtown area, this gem not only boasts a prime location but also offers fantastic potential for value appreciation and increased rental income. It's the perfect addition to

    Darin Cahoon RE/MAX of Farmington

    602 N Orchard Ave Unit A - F, Farmington, NM 87401

Why Live in Farmington

Farmington, New Mexico, situated just south of Colorado, is a small city with a rich history in agriculture and oil production. Today, it draws residents and visitors with its diverse recreational activities, including hiking, river rafting, and fishing at Lake Farmington and Navajo Lake. The Animas and San Juan Rivers offer additional water sports and scenic views. Downtown Farmington is lively, featuring shops, dining options, museums, and annual events that bring the community together. The Farmington Civic Center hosts live theater and youth acting classes, while museums explore science, Navajo heritage, and local history. Farmington Municipal Schools serve around 11,000 students and are recognized for their music education program. Housing options include ranch, Pueblo Revival, contemporary, and Craftsman-style homes, with custom-built estates in the northwest. Main Street offers eateries with Tex-Mex, pizza, and ethnic cuisine, along with bars and a brewery-distillery combo. Farmington is about 52 miles southwest of Durango, Colorado, and 182 miles northwest of Albuquerque. The city experiences all four seasons, with warm summers and chilly winters, receiving some snow. Over the past five years, Farmington has seen decreasing crime rates, with property crime rates lower than state averages. Residents have access to various transportation options, including bicycle-friendly roads and Red Apple Transit buses.

Home Trends in Farmington, NM

Housing Trends

Median Sale Price
$396,500
Median Single Family Sale Price
$425,000
Average Price Per Sq Ft
$186
Number of Homes for Sale
7
Last 12 months Home Sales
19
Months of Supply
4.40
Median List Price
$425,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-5%
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