1,700

Homes for Sale in New Mexico - Investment

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  • /33

    $460,000

    • 8 Beds
    • 5 Baths
    • 3,590 Sq Ft

    7621 Prospect Ave NE, Albuquerque, NM 87110

    Incredible Investment Opportunity in NE Heights! Rare find with unmatched versatility! This expansive property at 7621 Prospect Ave NE is currently configured as a fully equipped 8 bedroom assisted living facility, making it an exceptional turnkey option for care providers, multi-generational living, or a high-yield rental investment. The sprawling floor plan features 3 distinct living areas,

    Premier Realty Partners Realty One of New Mexico

    7621 Prospect Ave NE, Albuquerque, NM 87110
  • /2

    $120,000

    • Land
    • 5.03 Acres
    • $23,857 per Acre

    Lot 178 Camino Grande, Angel Fire, NM 87710

    5.03-acre vacant land parcel located within the Village of Angel Fire in Colfax County, NM, offered at $120,000. Zoned R-4 Single Family with equestrian allowance, this property provides flexibility for residential development while allowing horses and related uses. The parcel is not located within Angel Fire Resort boundaries and does not require resort membership. No HOA. Positioned on a

    Amy Oliver Coldwell Banker Mountain Properties

    Lot 178 Camino Grande, Angel Fire, NM 87710
  • /2

    $9,995

    • Land
    • 1 Acre
    • $9,995 per Acre

    0 Balsa Rd NW Unit 1100468, Rio Rancho, NM 87144

    Join the Rio Rancho Estates with this beautiful piece of land, great investment opportunity and lots of opportunities and potential to utilize this land with CD-RRE zoning.

    Jordan Harrison Double Eagle Real Estate

    0 Balsa Rd NW Unit 1100468, Rio Rancho, NM 87144
  • /15

    $472,500

    $53K PRICE DROP
    • Land
    • 184.94 Acres
    • $2,555 per Acre

    00 Vacant Land, Ojo Caliente, NM 87549

    Amazing opportunity for a large land investment. Build your own secluded dream home or subdivide this magnificent piece of New Mexican history overlooking the Rio Chama, Tres Piedras, Ojo Caliente and Santa Clara. Access to Highways offer quick commutes to Santa Fe and Española.

    Clayton Roggy Coldwell Banker Legacy 8200

    00 Vacant Land, Ojo Caliente, NM 87549
  • /49

    $649,000

    • 4 Beds
    • 3 Baths
    • 1,632 Sq Ft

    602 1/2 E High St, Red River, NM 87558

    Here’s a rare opportunity to own a fully updated Red River NM home with guest house and extra lot — perfect for full-time living, vacation ownership, or short-term rental investment. The main house, fully remodeled in 2018, features 1,632 sq ft of updated living space. The open main living area is located upstairs, and includes a stair chair lift for convenient accessibility. Inside you'll find

    Linda Calhoun Calhoun Real Estate

    602 1/2 E High St, Red River, NM 87558
  • /16

    $579,500

    $20K PRICE DROP
    • 8 Beds
    • 4 Baths
    • 3,256 Sq Ft

    95 Eventide Rd SE, Rio Rancho, NM 87124

    Amazing opportunity to invest in a highly desirable Rio Rancho four-plex. Awesome investment area with low inventory, high rental demand, and in growing community. This well maintained corner-lot property has four 2BR/1BA units. Bottom units having private backyards. Top units have private balconies with sandia views. All units have washer and dryer hookups, dishwashers, tile/vinyl floor, paint

    Marc Romero Beyond Real-Estate

    95 Eventide Rd SE, Rio Rancho, NM 87124
  • /18

    $113,288

    • Land
    • 136.95 Acres
    • $827 per Acre

    Tracts 3&4 Medicine Run Rd, Mountainair, NM 87036

    136+/- acres at the corner of Medicine Run Rd and Old Willard Rd near Mountainair. Prime corner location with excellent access and expansive views of the surrounding high desert landscape. Property is already subdivided into two 68+/- acre tracts, offering flexibility for development, resale, ranching, or multi-generational ownership. Ideal for custom or manufactured homes, livestock, equestrian

    Todd Sledge Hawkeye Realty

    Tracts 3&4 Medicine Run Rd, Mountainair, NM 87036
  • /2

    $3,000

    • Land
    • 1 Acre
    • $3,000 per Acre

    0 Chacon Rd NW Unit 1077673, Rio Rancho, NM 87144

    This is a great investment opportunity in a growing rural residential area.

    Stephen Herkenhoff Coldwell Banker Legacy

    0 Chacon Rd NW Unit 1077673, Rio Rancho, NM 87144
  • /24

    $250,000

    • 2 Beds
    • 2 Baths
    • 1,242 Sq Ft

    633 Grove St SE, Albuquerque, NM 87108

    Excellent investment opportunity at 633 Grove St SE, Albuquerque, NM 87108. This remodeled duplex offers immediate income potential with tenants already in place, making it a turnkey addition to any investment portfolio. Both units have been updated to provide comfortable, modern living spaces while minimizing future maintenance concerns. Conveniently located near shopping, dining, schools, and

    The Venegas Group Keller Williams Realty

    633 Grove St SE, Albuquerque, NM 87108
  • /32

    $325,000

    • 4 Beds
    • 2 Baths
    • 1,300 Sq Ft

    1321 15th St NW, Albuquerque, NM 87104

    Updated Sawmill District Gem! Located in one of Albuquerque's most sought-after neighborhoods, this beautifully updated home offers the perfect blend of character and modern convenience. Extensive improvements include updated kitchen and bathrooms, flooring, roofing, windows, stucco, plumbing, water lines, electrical systems, and more. Enjoy easy access to Old Town, Sawmill Market, museums,

    Anton Determan EXP Realty LLC

    1321 15th St NW, Albuquerque, NM 87104
  • /19

    $350,000

    $10K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,786 Sq Ft

    116 Abbey Rd, Clovis, NM 88101

    ***VA Loan Assumption at 5.25%**** Stunning Modern 4-Bedroom Home in Sought-After Neighborhood — Income-Producing Airbnb Opportunity! Welcome to this beautifully crafted Good Heart-built property, a sleek and modern 4-bedroom, 2-bath home completed in 2022. With its clean architectural lines, premium finishes, and thoughtful design, this home offers the perfect blend of style, comfort, and

    Jessica Paz Lombardi Simplihom

    116 Abbey Rd, Clovis, NM 88101
  • /3

    $13,000

    • Land
    • 10 Acres
    • $1,300 per Acre

    0 Off Pajarito Rd SW Unit 1003188, Albuquerque, NM 87121

    Best uses are recreation and/or long-term investment.

    Stephanie Granfors Granfors Realty,LLC

    0 Off Pajarito Rd SW Unit 1003188, Albuquerque, NM 87121
  • /40

    $700,000

    • 3 Beds
    • 2 Baths
    • 1,894 Sq Ft

    296 Los Cordovas Rd, Ranchos de Taos, NM 87557

    **New Construction 2025 • 3 Bedrooms • 2 Bathrooms • 1.44 Acres • Attached 2-Car Garage** Experience the perfect blend of modern Southwest design, quality craftsmanship, and breathtaking natural beauty in this newly constructed home in the desirable Ranchos de Taos. Situated on 1.44 acres, this thoughtfully designed 3-bedroom, 2-bath residence offers expansive 360-degree views of the surrounding

    Cyndi Gonzalez Berkshire Hathaway Home Services Taos Real Estate 2

    296 Los Cordovas Rd, Ranchos de Taos, NM 87557
  • /6

    $450,000

    • 2 Beds
    • 1 Bath
    • 4,872 Sq Ft

    501 S Avenue G, Portales, NM 88130

    Offered at an asking price of $450,000, the property generates a compelling 6.77% cap rate, providing investors with immediate cash flow and long-term upside potential. Fully remodeled within the last five years, this six-unit property consists of three duplexes situated on a single lot and is 100% occupied as of February 2026. Featuring all 2-bedroom, 1-bathroom units, the property benefits from

    Luke Scarpa NAI SunVista Commercial RE

    501 S Avenue G, Portales, NM 88130
  • /5

    $23,000

    • Land
    • 7.85 Acres
    • $2,930 per Acre

    49 Mora Dr, Belen, NM 87002

    Beautifully situated in the peaceful Rio Communities of Belen, this mostly level parcel offers stunning wide-open views and incredible potential. With partial wire and wood fencing already in place and no trees, the land provides a blank canvas for a custom home, getaway, or long-term investment. Enjoy New Mexico's big skies, serene surroundings, and excellent value at $23,000.Buyer to perform

    Selena Archibeque Coldwell Banker Legacy

    49 Mora Dr, Belen, NM 87002
  • /13

    $70,000

    • Land
    • 3 Acres
    • $23,333 per Acre

    Lot 22 Los Cordovas Rd, Rnch de Taos, NM 87557

    Taos Country Club land at an unbeatable price. Yes, really!! Lot 22 sits at the upper end of a quiet cul-de-sac on Los Cordovas Road, perched just high enough to soak in sweeping 360-degree views. Taos Mountain is front and center, sunsets put on a nightly show, and the sky seems to go on forever. The lot rises gently and offers a natural building site that feels like it was meant to be there.

    Robban Reynolds Berkshire Hathaway HomeServices Taos Real Estate

    Lot 22 Los Cordovas Rd, Rnch de Taos, NM 87557
  • /50

    $315,000

    $10K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 1,864 Sq Ft

    5418 Strange Rd, Las Cruces, NM 88007

    Located in the valley, this unique property offers incredible potential on a spacious one-acre lot. Featuring two single-wide homes with separate utilities, this property provides flexibility for multi-generational living, rental income, or investment opportunities. The first home has been expanded and offers approximately 1,864 square feet with 2 bedrooms and 2 bathrooms. The second home

    Ron Bruder BHGRE Steinborn & Associates

    5418 Strange Rd, Las Cruces, NM 88007
  • /2

    $3,000

    • Land
    • 1 Acre
    • $3,000 per Acre

    0 53rd St NW Unit 1078047, Albuquerque, NM 87124

    This is a great investment opportunity in a growing rural residential area.

    Stephen Herkenhoff Coldwell Banker Legacy

    0 53rd St NW Unit 1078047, Albuquerque, NM 87124
  • /29

    $269,900

    • 2 Beds
    • 2 Baths
    • 915 Sq Ft

    113 Bogie Ln Unit 17, Ruidoso, NM 88345

    Beautiful Ruidoso Condominium!! This 2 bedroom 2 bath makes for a great investment for personal use, as well as a rental. Currently it is used for both and seller can provide rental history upon request. New water heater was installed upon ownership of current owners. Sierra Blanca views with plenty of space and walking distance to shopping in mid-town. Corner unit with a very comfortable back

    Johnathan Duncan Fathom Realty NM

    113 Bogie Ln Unit 17, Ruidoso, NM 88345
  • /7

    $90,000

    • Land
    • 1 Acre
    • $90,000 per Acre

    0 7th (U8 B54 L12) 1 Ac Ave NW Unit 1089217, Rio Rancho, NM 87124

    Dream location, dream lot! A full acre on a corner lot, located in a prime area poised for continuing expansion! Own this incredible lot and watch your investment grow while you enjoy the privacy of having your very own land. Enjoy sparkling blue skies above, Sandia mountain views to the east, and watch the evening sunsets as you relax or grill! Pristine natural beauty and a life away from the

    David Torres Beyond Real-Estate

    0 7th (U8 B54 L12) 1 Ac Ave NW Unit 1089217, Rio Rancho, NM 87124
  • /29

    $289,000

    • 1 Bed
    • 1 Bath
    • 469 Sq Ft

    2600 W Zia Rd Unit I-16, Santa Fe, NM 87505

    Whether you're seeking a full-time residence, a lock-and-leave Santa Fe retreat, or an exceptional investment opportunity, this beautifully remodeled upper-level corner condominium in the gated Tierra de Zia community offers outstanding value and versatility. Ideally located in the heart of mid-town Santa Fe, the property provides easy access to shopping, dining, medical services, and all the

    Val Brier Keller Williams Realty

    2600 W Zia Rd Unit I-16, Santa Fe, NM 87505
  • /4

    $12,500

    • Land
    • 1 Acre
    • $12,500 per Acre

    0 Lots 2&3 B50 U25 Calicut Loop NE Unit 1100362, Rio Rancho, NM 87144

    Build your dream home on this spacious 1 acre lot in the desirable Rio Rancho Estates! This property offers high desert views, wide open skies, and plenty of room to create your ideal retreat. Enjoy the peace and privacy of rural living while still being within a short drive to shopping, dining, and amenities in Rio Rancho and nearby Albuquerque. This lot provides great potential for a custom

    Christie Humphrey Double Eagle Real Estate

    0 Lots 2&3 B50 U25 Calicut Loop NE Unit 1100362, Rio Rancho, NM 87144
  • /4

    $7,000

    • Land
    • 5 Acres
    • $1,400 per Acre

    0 Off Powers Way (N112) Rd SW, Albuquerque, NM 87121

    Long term investment.

    Stephanie Granfors Granfors Realty,LLC

    0 Off Powers Way (N112) Rd SW, Albuquerque, NM 87121
  • /45

    $268,000

    • 3 Beds
    • 2 Baths
    • 1,803 Sq Ft

    806 Palo Verde Dr, Truth Or Consequences, NM 87901

    This is truly a unique home that features custom made wood wall panels for interior walls and built-in cabinets in some closets. It's 1803 sq/ft, with 3 bedrooms, 2 bathrooms, fireplace, attached 2 car garage with separate workshop for the hobby enthusiast. The home also has wood floors with tile in the bathrooms and Linoleum/Vinyl in the kitchen. Talk about convenience, it is seconds from T or C

    Felipe Rodriguez Volare Realty Group LLC

    806 Palo Verde Dr, Truth Or Consequences, NM 87901
  • /8

    $120,000

    • Land
    • 21,780 Sq Ft
    • $240,000 per Acre

    1742 14th Ave SE, Rio Rancho, NM 87124

    Welcome to Rio Rancho City of Vision! Opportunity to own a wonderful half an acre (.50) lot located in a quiet neighborhood close to Southern and Unser BLVD. Key Features: Directly across from the pedestrian bridge for an easy walk to Maggie Cordova Elementary, perfect for a growing family. Beautiful custom homes in the area make this lot a great investment. Close to Black Arroyo Wildlife park

    Boisy Pinon Casa Amore Realty, LLC

    1742 14th Ave SE, Rio Rancho, NM 87124
  • /7

    $45,000

    • Land
    • 14,810 Sq Ft
    • $132,353 per Acre

    1022 Northern Blvd NE, Rio Rancho, NM 87144

    Don't miss this chance to secure a vacant lot in a high-growth area of Rio Rancho. With new construction happening nearby, this property is perfectly suited for a custom home or investment build in a location gaining momentum. 1016, 1018 and 1020 Northern are also available to purchase or bundle. Buyer to verify utilities and utility locations.

    Jordan O'Bryan Real Broker, LLC

    1022 Northern Blvd NE, Rio Rancho, NM 87144
  • /23

    $199,000

    • Land
    • 33,105 Sq Ft
    • $261,842 per Acre

    TBD El Paseo Rd, Las Cruces, NM 88001

    Commercial Land for Sale - Prime Location!Take advantage of this incredible opportunity to own 0.76 acres of commercial land in a high-traffic area! Perfectly situated near popular stores, restaurants, and other businesses, this property offers exceptional visibility and accessibility. Its prime location makes it ideal for a variety of business opportunities -- retail, office space, restaurant,

    Libna Camarena Volare Realty Group LLC

    TBD El Paseo Rd, Las Cruces, NM 88001
  • /11

    $15,000

    • Land
    • 13,068 Sq Ft
    • $50,000 per Acre

    2815 Pendragon St NE, Rio Rancho, NM 87144

    Excellent opportunity to own a 0.30-acre lot in the rapidly growing Rio Rancho area! Whether you're looking to build your dream home, hold for future appreciation, or add to your investment portfolio, this property offers outstanding potential. Conveniently located near UNM Sandoval Regional Medical Center, shopping, dining, schools, and major commuter routes. Enjoy beautiful New Mexico sunsets

    Dartandian Barreras Better Homes & Gardens RE Stei

    2815 Pendragon St NE, Rio Rancho, NM 87144
  • /2

    $3,000

    • Land
    • 1 Acre
    • $3,000 per Acre

    0 57th St NW, Rio Rancho, NM 87144

    This is a great investment opportunity in a growing rural residential area.

    Stephen Herkenhoff Coldwell Banker Legacy

    0 57th St NW, Rio Rancho, NM 87144
  • /16

    $249,000

    • 2 Beds
    • 2 Baths
    • 484 Sq Ft

    90 N Independence 10 and 11, Red River, NM 87571

    Two condos for the price of one! Units 10 and 11 both have wonderful rental history and are centrally located one block from all the hustle and bustle of Main Street and just blocks to the chairlift. Have your own mountain getaway, investment properties or both. These condos can be used as primary residences, long or short term rentals. Both units have plenty of windows with views of the ski

    The Hoffmann Team Coldwell Banker Mountain Properties

    90 N Independence 10 and 11, Red River, NM 87571
  • /11

    $35,000

    $5K PRICE DROP
    • Land
    • 24,393 Sq Ft
    • $62,500 per Acre

    115 Cibola Cir, Ruidoso, NM 88345

    Build your mountain retreat in the heart of Ruidoso! These vacant lots at 115 & 117 Cibola Circle offers a great opportunity to own land in the cool mountain air. Enjoy peaceful surroundings while being conveniently located near shopping, dining, golf, and outdoor recreation including hiking, skiing, and fishing. Ideal for a primary residence, vacation home or investment property. Bring your

    Chelsey Koch Future Real Estate

    115 Cibola Cir, Ruidoso, NM 88345
  • /2

    $1,250

    • Land
    • 21,780 Sq Ft
    • $2,500 per Acre

    Lot 9 Block 1370 Unit ''U'', Rio Communities, NM 87002

    Nestled in the serene landscape of Rio Grande Estates, this 1/2-acre lot offers a perfect balance of seclusion and convenience. Just a short drive from town, this rural property provides a peaceful escape with breathtaking eastern views of the mountains--ideal for enjoying stunning sunrises. With no utilities currently available, this land is a blank slate for off-grid living or future

    Stephen Herkenhoff Coldwell Banker Legacy

    Lot 9 Block 1370 Unit ''U'', Rio Communities, NM 87002
  • /45

    $390,000

    • 3 Beds
    • 2 Baths
    • 2,000 Sq Ft

    625 Lake Ave, Eagle Nest, NM 87718

    Great home with multiple upgrades "with more being added by the owner", surrounded by Panoramic Views of Wheeler Peak and all the Mountains above and around Eagle Nest. Eagle Nest Lake is just 2 blocks away and access to the home is easy year round as the Village of Eagle Nest handles Road Maintenance, Village Water & Sewer and also Solid Waste Disposal. Home is almost 2000 square feet with a

    Clark Henley Coldwell Banker Mountain Properties

    625 Lake Ave, Eagle Nest, NM 87718
  • /2

    $29,999

    $5K PRICE INCREASE
    • Land
    • 13,068 Sq Ft
    • $99,997 per Acre

    Lot 11 Indian Loop Unit 11, Alamogordo, NM 88310

    Great home sight with paved streets and restrictive covenants to protect your investment. Electric, gas, sewer & water are available at the property line. Manufactured, modular or sight built homes are allowed

    Jaylen Garland Garland Real Estate

    Lot 11 Indian Loop Unit 11, Alamogordo, NM 88310
  • /18

    $165,000

    • 2 Beds
    • 1 Bath
    • 600 Sq Ft

    20 Jackson Hole Rd Unit B10, Angel Fire, NM 87710

    Redwood Commons Opportunity Discover a unique two-for-one opportunity in the desirable Redwood Commons Subdivision of Angel Fire. This versatile 1,256-square-foot condominium combines comfort, mountain charm, and exceptional flexibility for personal use, guests, or rental potential. Unit B10 (approximately 600 SF), is a charming loft-style unit with one bath and is equipped with its own washer

    Dee Doubleday Mariposa Realty of Taos

    20 Jackson Hole Rd Unit B10, Angel Fire, NM 87710
  • /3

    $800,000

    • Land
    • 18 Acres
    • $44,444 per Acre

    TBD Iron Horse Ave, Chaparral, NM 88081

    This Vacant Land at Iron Horse Ave offers potential for development or investment. Located in Chaparral New Mexico close to the state line. Drive by and take a look -your future starts here!

    Marisol Carrillo EXP Realty LLC -Las Cruces

    TBD Iron Horse Ave, Chaparral, NM 88081
  • /15

    $86,500

    $16K PRICE DROP
    • 1 Bed
    • 400 Sq Ft

    266 Roundup Dr, Cloudcroft, NM 88317

    Escape the daily grind and discover the potential of this mountain cabin retreat situated at an estimated elevation of 6,975 feet. Built in 1976, this cozy approximately 400-square-foot cabin offers a simple yet inviting space to enjoy the beauty and tranquility of the Sacramento Mountains. Featuring one bedroom and essential utilities already available, this property provides an excellent

    ANGELITTA GABRIEL COLONIAL REAL ESTATE

    266 Roundup Dr, Cloudcroft, NM 88317
  • /16

    $8,990

    $2K PRICE DROP
    • Land
    • 23,086 Sq Ft
    • $16,962 per Acre

    Lot 15 Marlin Rd Unit 15, Thoreau, NM 87323

    0.528-acre lot available near Bluewater Lake, offering a quiet setting with plenty of natural surroundings. Located in Bluewater Acres, this property puts you close to outdoor activities like fishing, kayaking, and hiking, with abundant wildlife throughout the area. Power is nearby, and access is convenient via a maintained dirt road. Whether you're planning to build, hold as an investment, or

    Melissa Brinsfield Realty One of New Mexico

    Lot 15 Marlin Rd Unit 15, Thoreau, NM 87323
  • /2

    $522,000

    • 4 Beds
    • 2.5 Baths
    • 2,708 Sq Ft

    6300 Calle Amorada Ct NW, Albuquerque, NM 87114

    NO ACCESS OR VIEWINGS of this property. Please DO NOT DISTURB the occupant. Take a drive by this four bedroom, two and a half bath home and see if it may be your next investment. "As is" cash only sale with no contingencies or inspections. Buyer will be responsible for obtaining possession of the property upon closing.

    Dana Rowell Realhome Services & Solutions

    6300 Calle Amorada Ct NW, Albuquerque, NM 87114
  • /63

    $280,000

    • 3 Beds
    • 2 Baths
    • 1,624 Sq Ft

    120 Park Ln, Ruidoso Downs, NM 88346

    Bright and inviting 3-bedroom, 2-bath home nestled in a quiet neighborhood on a corner lot in Ruidoso Downs just one block from the river. This charming property features an open-concept layout filled with natural light, creating a warm and welcoming atmosphere throughout. Enjoy cozy evenings by either of the two wood-burning fireplaces, perfect for mountain living. The fully fenced yard offers

    Clarissa Silva Better Homes & Gardens Real Estate - Steinborn & Associates

    120 Park Ln, Ruidoso Downs, NM 88346

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