Homes for Sale in New Mexico - Investment

• 

  

  

  /15

  $475,000

  • 2 Beds
  • 2 Baths
  • 1,831 Sq Ft

  5 Arbolito Ln, El Prado, NM 87529

  Prime location, acreage and renovation potential make this a standout investment opportunity! Located in the desirable Des Montes area, a few miles from Taos Ski Valley, this 2BR, 2BA home sits on 1.6 tree-covered acres. Adobe construction, flagstone floors, a wonderful, enclosed courtyard, and custom features are just a few of the very positive features. The home is not currently livable, but it

  

  Pennie Wardlow

  Taos Real Estate Group, LLC

  5 Arbolito Ln, El Prado, NM 87529
• 

  

  

  /5

  $29,900

  • Land
  • 21,344 Sq Ft
  • $61,020 per Acre

  115 College Dr, Ruidoso, NM 88345

  This half acre parcel offers an exceptional opportunity to build or invest in a setting defined by open spaces and scenic views.Elevated vantage points deliver attractive views of the surrounding landscape creating privacy and connection to nature.Whether intended for residential or a long term investment, this lot combines usable acreage with visually appealing surroundings.

  

  Leslie Sisk

  Mountain Home Properties NM

  115 College Dr, Ruidoso, NM 88345
• 

  

  

  /4

  $250,000

  $21K PRICE DROP

  • 8 Beds
  • 4 Baths
  • 3,159 Sq Ft

  1501 W Hank Ave, Artesia, NM 88210

  Investment opportunity- 4-Unit multifamily property featuring one 1-bedroom, two 2-bedroom, one 3-bedroom unit. Split Units Added to B & C in 2024. New Roof in 2024. This property offers a combination of current income and long term value.

  

  Karen S Miller

  Harwell & Associates Real Estate

  1501 W Hank Ave, Artesia, NM 88210
• 

  

  

  /47

  $1,050,000

  • 22 Baths
  • 10,300 Sq Ft

  905 Walnut Dr, Farmington, NM 87401

  ''Villa View Apartments'' Awesome value-add multifamily investment opportunity in Farmington, New Mexico. This two-story apartment community features 22 units, comprising 12 studios and 10 one-bedroom apartments. Conveniently located near Four Corners Regional Airport, downtown Farmington, and the hospital, the property offers residents easy access to major employers, services, and

  

  Allen Elmore

  EXP Realty, LLC

  905 Walnut Dr, Farmington, NM 87401
• 

  

  

  /18

  $260,000

  $65K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 960 Sq Ft

  209 Los Pandos Rd Unit 5A, Taos, NM 87571

  Location! Location! Location! This 2-bedroom, 1.75-bath condo delivers the perfect blend of lifestyle and investment potential. Just 2 blocks from Smith’s grocery store and the Taos Plaza, enjoy walkable access to shops, restaurants, bars, Red Willow Park, and more. Schools are minutes away, and Taos Ski Valley is only a scenic 30-minute drive. Hot tub and air conditioning included. The two-story

  

  Alexander Schoenfeld

  EXP REALTY, LLC

  209 Los Pandos Rd Unit 5A, Taos, NM 87571
• 

  

  /25

  $795,000

  • Land
  • 29.69 Acres
  • $26,777 per Acre

  XX Jenkins Ranch Dr, Aztec, NM 87410

  Unlock the potential of this serene 29.69-acre parcel, ideally located within the city limits of Aztec, New Mexico--just under 45 minutes from Durango! This property is perfectly suited for development into a vibrant residential subdivision, offering an exceptional investment opportunity. Already zoned for residential use, it facilitates a seamless transition into your subdivision project. All

  

  Amanda Banks

  S.J. Gabaldon Constr. & Realty

  XX Jenkins Ranch Dr, Aztec, NM 87410
• 

  

  /4

  $275,000

  $75K PRICE INCREASE

  • Land
  • 5.5 Acres
  • $50,000 per Acre

  0 King Blvd Blvd NW Unit R013911, Rio Rancho, NM 87144

  Exceptional 5.5-Acre Investment Opportunity in the rapidly growing Northwest area of Rio Rancho. Conveniently located just west of the beautiful Northern Meadows community, this property offers outstanding potential for investors, developers, or future business ventures.Positioned in an area experiencing continued growth and expansion, this acreage presents an excellent opportunity to secure land

  

  Iralien Sainvilmar

  Kokoye Realty, LLC

  0 King Blvd Blvd NW Unit R013911, Rio Rancho, NM 87144
• 

  

  /7

  $430,000

  • Land
  • 7.18 Acres
  • $59,889 per Acre

  0 7 18 Acres Off I-25 Bypass Rd, Belen, NM 87002

  Great developmental opportunity awaits, located right as you drive into the city of Belen! This 7.18 can also be purchased with the adjoining lots making for a total of 28.72 ares which is hard to find in town! This is a great chance to invest in a community that is booming with new businesses and residents. With the demand for new growth and business on the rise, owning land in Belen could be a

  

  Jessica Rasband

  Realty One of New Mexico

  0 7 18 Acres Off I-25 Bypass Rd, Belen, NM 87002
• 

  

  /22

  $349,900

  $25K PRICE DROP

  • 7 Beds
  • 4 Baths
  • 2,650 Sq Ft

  209 Texas St NE, Albuquerque, NM 87108

  This well-maintained 4-plex is an excellent investment opportunity with strong rental appeal and low-maintenance features throughout! Offering three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, this property is designed for easy ownership and tenant convenience. Recent improvements include a newer roof with warranty, newer fencing, and refreshed stucco surfaces for added peace of mind.

  Tahir Gauba

  MORE Realty, Inc

  209 Texas St NE, Albuquerque, NM 87108
• 

  

  /5

  $30,000

  • Land
  • 21,780 Sq Ft
  • $60,000 per Acre

  608 Inca Rd SE, Rio Rancho, NM 87124

  A single 1/2-acre lot available, with the option to purchase three additional adjoining 1/2-acre lots for a total of four lots (2 acres). Each lot is priced at $30,000, or all four can be purchased together as a package with each lot at $27,500. The area is seeing steady growth with expanding utilities and increasing development activity, offering strong long-term investment potential. With

  

  Marsha Strange

  Top Tier Realty

  608 Inca Rd SE, Rio Rancho, NM 87124
• 

  

  /4

  $269,000

  $20K PRICE DROP

  • 8 Beds
  • 4 Baths
  • 3,159 Sq Ft

  1505 W Hank Ave, Artesia, NM 88210

  Investment opportunity** 4-Unit multifamily property featuring one 1-bedroom, two 2-bedroom, one 3-bedroom units. Split units added to all units in 2024. New roof in 2024. This property offers a strong combination of current income and long term value.

  

  Karen S Miller

  Harwell & Associates Real Estate

  1505 W Hank Ave, Artesia, NM 88210
• 

  

  /40

  $215,000

  • 3 Beds
  • 2 Baths
  • 1,580 Sq Ft

  1213 N Tucker Ave, Farmington, NM 87401

  ''Inversor Especial'' Unlock the potential of this 1,580sf value-packed investment opportunity in the heart of Farmington, New Mexico, less than an hour from Durango, Colorado. With strategic updates and improvements, a savvy buyer may have the opportunity to build an estimated $30,000-$40,000 in equity, making this an attractive option for investors, flippers, or owner-occupants looking to add

  

  Allen Elmore

  EXP Realty, LLC

  1213 N Tucker Ave, Farmington, NM 87401
• 

  

  /14

  $150,000

  • 3 Beds
  • 2 Baths
  • 1,266 Sq Ft

  1305 E 8th St, Alamogordo, NM 88310

  Fantastic investment opportunity! This multi-family property features two separate homes on one lot. The front house offers 2 bedrooms and 1 bathroom, while the back house includes 1 bedroom and 1 bathroom, perfect for rental income, extended family, or guests. Both units are finished with low-maintenance laminate and tile flooring throughout. With versatile living options and strong income

  

  Kanda Serrano

  NM PREMIER REAL ESTATE, LLC

  1305 E 8th St, Alamogordo, NM 88310
• 

  

  /8

  $5,000

  • Land
  • 3,049 Sq Ft
  • $71,429 per Acre

  411 19th Ave NE, Rio Rancho, NM 87144

  Excellent investment opportunity in a growing area of Rio Rancho. This level lot offers wide views, easy access, and strong long-term potential as development continues moving north. Ideal for a future custom home or a strategic land hold. A smart addition to any portfolio. Buyer to verify all information.

  

  Marsha Strange

  Top Tier Realty

  411 19th Ave NE, Rio Rancho, NM 87144
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  /46

  $429,000

  • 3 Beds
  • 2 Baths
  • 2,071 Sq Ft

  19 Road 4267, Navajo Dam, NM 87419

  Where adventure meets opportunity!!!! Whether you're searching for the ultimate hunting retreat, a full-time home, or a potential vacation rental, this property places you in the heart of Northwestern New Mexico's outdoor paradise.Located less than a block from the legendary San Juan River and minutes from Navajo Dam, you'll enjoy world-class trout fishing, boating, hiking, and easy access to

  

  Kristin Williams

  EXIT Realty Home & Ranch

  19 Road 4267, Navajo Dam, NM 87419
• 

  /2

  $8,600

  • Land
  • 21,780 Sq Ft
  • $17,200 per Acre

  0 37th St NW Unit 1099468, Rio Rancho, NM 87144

  This lot is a great price today that could have a great investment value in the future. On approved credit there is a vacant lot program available for this lot that only requires 20-25% down and has a 30 year repayment period. Call me today for loan officers information.

  

  Marsha Strange

  Top Tier Realty

  0 37th St NW Unit 1099468, Rio Rancho, NM 87144
• 

  

  /15

  $50,000

  • Land
  • 2 Acres
  • $25,000 per Acre

  Lot 2 & 3 Durango Rd SW, Rio Rancho, NM 87124

  Take advantage of this fantastic investment opportunity with TWO spacious 1-acre lots next to each other in the rapidly growing Rio Rancho area. This lot is minutes south of Southern Blvd Offering great potential for future development. Whether you're looking to build or hold for long-term growth, this lot presents a solid opportunity.

  

  Danielle Martinez

  Realty One Group Concierge

  Lot 2 & 3 Durango Rd SW, Rio Rancho, NM 87124
• 

  

  /23

  $550,000

  • Land
  • 10,890 Sq Ft
  • $2,200,000 per Acre

  4179 State Road 68, Ranchos de Taos, NM 87557

  HIstoric Ranchos Trading Post Market, formerly the General Store of the area and the Trading Post Cafe, has been serving Locals and Tourists alike since 1994. Currently under the direction of Chef Ky Quintanilla, Trading Post continues to serve delicious American, Mexican and International delights like great burgers, pastas, pizzas, breakfast and more. Tenant is currently oprating restaurant in

  

  Debbie Friday Jagers

  Berkshire Hathaway HomeServices Taos Real Estate

  4179 State Road 68, Ranchos de Taos, NM 87557
• 

  

  /37

  $189,000

  • 1 Bed
  • 1.5 Baths
  • 1,033 Sq Ft

  220 Lookout Dr Unit B2, Ruidoso, NM 88345

  Where else can you find a HUGE Sierra Blanca view in the Year-Round Playground of the Southwest at this price? With over 1,000 square feet, this fully furnished 1-bedroom, 1.5-bath condo offers exceptional value as a mountain getaway, full-time residence, or income-producing investment. Currently in the rental pool, it's turnkey and ready for immediate enjoyment or continued income potential. The

  

  Sheri Rodgers

  Rio Ruidoso Company

  220 Lookout Dr Unit B2, Ruidoso, NM 88345
• 

  

  /23

  $75,000

  • Land
  • 20,037 Sq Ft
  • $163,043 per Acre

  Lot 1032 Woodlands Dr, Angel Fire, NM 87710

  Rare Fairway Lot Opportunity in Angel Fire! This exceptional homesite offers desirable southern exposure, mature ponderosa pines, and beautiful views overlooking the fairway. The seller, an architect, has thoughtfully designed conceptual home plans for the property, which are included in the attached documents to inspire your future mountain retreat. Whether you're ready to build or looking for a

  

  Lisa Sutton

  Coldwell Banker Mountain Properties

  Lot 1032 Woodlands Dr, Angel Fire, NM 87710
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  /32

  $365,000

  • 2 Beds
  • 2 Baths
  • 1,254 Sq Ft

  44 Sage Ln Unit 116 Unit 116, Angel Fire, NM 87710

  Discover this beautifully maintained 2 bedroom, 2 bath condo in Angel Fire, offering the perfect blend of comfort, convenience, and mountain charm. The spacious open concept living area features warm wood cabinetry, quality finishes, and plenty of natural light, creating an inviting space to relax after a day of adventure. The well-appointed kitchen offers generous storage and counter space,

  

  The Weeks Group

  Coldwell Banker Mountain Properties

  44 Sage Ln Unit 116 Unit 116, Angel Fire, NM 87710
• 

  /2

  $4,500

  $3K PRICE DROP

  • Land
  • 1 Acre
  • $4,500 per Acre

  300 36th St NW, Rio Rancho, NM 87144

  This lot is a great price today that could have a great investment value in the future. On approved credit there is a vacant lot program available for this lot that only requires 20-25% down and has a 30 year repayment period. Call me today for loan officers information.

  

  Marsha Strange

  Top Tier Realty

  300 36th St NW, Rio Rancho, NM 87144
• 

  

  /7

  $27,500

  • Land
  • 1 Acre
  • $27,500 per Acre

  Lot 8 2nd St SW, Rio Rancho, NM 87124

  Take advantage of this fantastic investment opportunity with a spacious 1-acre lot in the rapidly growing Rio Rancho area. This lot is minutes south of Southern Blvd Offering great potential for future development. Whether you're looking to build or hold for long-term growth, this lot presents a solid opportunity.Seller will include a 10 KV Solar System (Not installed) for an additional

  

  Danielle Martinez

  Realty One Group Concierge

  Lot 8 2nd St SW, Rio Rancho, NM 87124
• 

  

  /24

  $325,000

  • 2 Beds
  • 1.5 Baths
  • 918 Sq Ft

  42 Mammoth Mountain Rd Unit 108, Angel Fire, NM 87710

  Arrive, unpack, and get straight to the fun. Discover this updated 2 bedroom, 1.5 bathroom condo in the Mountain Pines complex. Major update completed 1 year ago including new stainless steel appliances (refrigerator, stove/oven, dishwasher and microwave. New Quartz countertops (kitchen and bath), sinks, faucets, and commercial garbage disposal. New cabinets in both baths. New Vinyl plank floors

  

  The Weeks Group

  Coldwell Banker Mountain Properties

  42 Mammoth Mountain Rd Unit 108, Angel Fire, NM 87710
• 

  

  /9

  $150,000

  • 3 Beds
  • 2 Baths
  • 1,502 Sq Ft

  1307 E 8th St, Alamogordo, NM 88310

  Fantastic investment opportunity! This multi-family property features two separate homes on one lot. The front house offers 2 bedrooms and 1 bathroom, while the back house includes 1 bedroom and 1 bathroom, perfect for rental income, extended family, or guests. Both units are finished with low-maintenance laminate and tile flooring throughout. With versatile living options and strong income

  

  Kanda Serrano

  NM PREMIER REAL ESTATE, LLC

  1307 E 8th St, Alamogordo, NM 88310
• 

  

  /31

  $459,990

  $5K PRICE INCREASE

  • 3 Beds
  • 3 Baths

  6704 Zachary Rd NE, Rio Rancho, NM 87144

  Investor's Opportunity! Contemporary 1,918 sq ft home built in 2023 featuring 3 bedrooms and 2.5 baths. Highlights include a modern kitchen with stainless appliances, granite counters, and maple cabinets, plus 10' ceilings and tile flooring with carpet in bedrooms only. Enjoy outdoor living on the covered patio with a 9' sliding glass panel door and take in the views from this desirable lot near

  

  Brian Earnest

  Realty One of New Mexico

  6704 Zachary Rd NE, Rio Rancho, NM 87144
• 

  

  /26

  $240,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,178 Sq Ft

  4203 Axtell St SE, Albuquerque, NM 87105

  Welcome to this spacious double wide home on permanent foundation that offers privacy, functionality and room for so much more. The lot offers ample space for multiple vehicles, trailers, RVs etc. along with plenty of space for entertaining. Inside, you will find an open- concept living area, a generously sized kitchen and spacious closets! Floors have been updated in the main living area to

  

  Diana Leal

  Weichert, Realtors Image

  4203 Axtell St SE, Albuquerque, NM 87105
• 

  

  /20

  $160,000

  • Land
  • 9.69 Acres
  • $16,512 per Acre

  6 LOTS Road 3777 3783 & 3784, Farmington, NM 87401

  An excellent opportunity for builders and investors to secure six subdivided building lots in the highly desirable Morningstar Town Ranches subdivision in Farmington, NM, located less than an hour from Durango, CO. Positioned on an elevated hilltop with sweeping views, these lots are ideally located near the future Pinon Hills Bypass, adding long-term convenience and potential value to the area.

  

  Allen Elmore

  EXP Realty, LLC

  6 LOTS Road 3777 3783 & 3784, Farmington, NM 87401
• 

  

  /26

  $24,099

  • Land
  • 9,583 Sq Ft
  • $109,541 per Acre

  2719 Rabbitbrush Dr, Farmington, NM 87402

  Don't miss this incredible opportunity to build your dream home in this desirable gated community, conveniently located in the middle of town. City utilities are already on site, and the curbs and gutters are in place, making this property ready for your custom home.Protect your investment with established covenants designed to maintain the quality and value of the neighborhood. Enjoy

  

  Stacy Bourland

  EXIT Realty Home & Ranch

  2719 Rabbitbrush Dr, Farmington, NM 87402
• 

  

  /13

  $59,000

  • Land
  • 1.04 Acres
  • $56,731 per Acre

  NYA Road 3632, Aztec, NM 87410

  ''Anasazi Acre'' Positioned in the highly regarded Anasazi Estates neighborhood, this well-proportioned one-acre homesite offers an exceptional opportunity to build in one of Flora Vista's most desirable areas. Ideally located just 10 minutes from Farmington, NM and under an hour from Durango, CO, it provides the perfect balance of convenience and quiet, elevated living. The lot is clean, level,

  

  Allen Elmore

  EXP Realty, LLC

  NYA Road 3632, Aztec, NM 87410
• 

  

  /71

  $875,000

  $75K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 2,276 Sq Ft

  11 Jim's Trail, Pie Town, NM 87827

  Welcome to your private Montana Log Cabin retreat! Nestled on 20 scenic acres backing up to BLM land, this rustic log cabin offers true seclusion and breathtaking views of New Mexico's natural beauty. The cabin features a durable metal roof, a spacious garage, and high-end touches like granite countertops in the kitchen. The beautiful fireplace and extraordinary views will help you recharge and

  

  Julie Turner

  Realty One Group Concierge

  11 Jim's Trail, Pie Town, NM 87827
• 

  

  /30

  $1,100,000

  • 20 Beds
  • 10 Baths
  • 7,090 Sq Ft

  201 Lincoln Ave, Grants, NM 87020

  Value-add multifamily investment opportunity in Grants, NM featuring 10 renovated units with 80% occupancy and immediate lease-up potential. Each unit offers the same spacious floor plan with washer/dryer hookups, stainless steel appliances, quartz countertops, garbage disposals, LVP flooring, and tiled showers. New energy-efficient mini-split HVAC systems were installed property-wide in 2024.

  

  Diana Leal

  Weichert, Realtors Image

  201 Lincoln Ave, Grants, NM 87020
• 

  

  /9

  $349,900

  • 6 Beds
  • 4 Baths
  • 2,500 Sq Ft

  211 Texas St NE, Albuquerque, NM 87108

  Excellent investment opportunity! This well-maintained 4-plex offers a desirable unit mix with two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, providing broad rental appeal. Major updates include a TPO roof with transferable warranty, newer fencing, and refreshed stucco surfaces for added curb appeal and peace of mind. Inside, all units feature easy-care flooring with no carpet and

  Tahir Gauba

  MORE Realty, Inc

  211 Texas St NE, Albuquerque, NM 87108
• 

  

  /3

  $525,000

  • Land
  • 2.87 Acres
  • $182,927 per Acre

  720 E Main St, Farmington, NM 87401

  Prime 2.87-acre level commercial lot with East Main Street frontage, ideally located near downtown Farmington, NM! This versatile property offers unparalleled exposure for any business venture, with utilities conveniently on-site for a seamless development experience. The strategic location and high visibility make this lot a fantastic investment opportunity for retail, office, or mixed-use

  

  Allen Elmore

  Exp Realty, LLC

  720 E Main St, Farmington, NM 87401
• 

  

  /15

  $399,000

  • Land
  • 50.22 Acres
  • $7,945 per Acre

  136 Road 5005, Bloomfield, NM 87413

  Rare Opportunity! 50.22 Private Acres in the Heart of BloomfieldDiscover 50+ acres of breathtaking land, offering unmatched privacy and endless possibilities. This unique property consists of five separate parcels; all being sold together. Prior to closing, the seller will provide a survey.A stunning, spring-fed pond remains full year-round, adding to the property's natural charm. Whether you're

  

  Stacy Bourland

  EXIT Realty Home & Ranch

  136 Road 5005, Bloomfield, NM 87413
• 

  

  /17

  $50,000

  • Land
  • 5 Acres
  • $10,000 per Acre

  9345 Rabbit Run Rd, Las Cruces, NM 88012

  If you've been searching for the perfect blend of wide-open space, natural beauty, and stunning mountain views. Nestled in a peaceful and location, this land offers the freedom to create the lifestyle you've always wanted -- whether that's building your custom home, setting up a stylish manufactured home, or simply enjoying a slice of untouched desert paradise.Cross-reference: This listing is 1

  

  Mary Jane McNeil

  BHGRE Steinborn & Associates

  9345 Rabbit Run Rd, Las Cruces, NM 88012
• 

  

  /6

  $40,000

  • Land
  • 1.4 Acres
  • $28,571 per Acre

  263 Five Hills Dr, Tijeras, NM 87059

  Discover 1.3 acres of secluded mountain beauty in Tijeras, New Mexico. This wooded lot backs directly to public forest land, offering privacy, stunning natural surroundings, and endless outdoor adventure. Accessible via a public road--high-clearance, 4WD vehicle recommended. No utilities currently in place, making it an ideal opportunity for off-grid living, recreation, or investment. Enjoy the

  

  Mark Carlisle

  Berkshire Hathaway Home Svc NM

  263 Five Hills Dr, Tijeras, NM 87059
• 

  

  /8

  $34,000

  • Land
  • 22,215 Sq Ft
  • $66,667 per Acre

  3821 Jennifer Rd NE, Rio Rancho, NM 87144

  Opportunity with Elevated Potential! Explore the potential of this 0.5-acre lot, offering space, flexibility, and scenic area views. Whether you're considering a future homesite, long-term investment, or land hold, this property presents a range of possibilities. Enjoy convenient access while being surrounded by the natural beauty of the area. Envision a private retreat or a strategic investment,

  

  Sandra Hildebrand

  Berkshire Hathaway NM Prop

  3821 Jennifer Rd NE, Rio Rancho, NM 87144
• 

  

  /4

  $65,000

  • Land
  • 3,049 Sq Ft
  • $928,571 per Acre

  5019 Monica Ln NW, Albuquerque, NM 87120

  Fantastic opportunity to purchase 2 Lots together and build townhomes on Lot 5001 and 5005 (Must Be Attached). Conveniently located lots near I-40 and Coors. Each lot offers easy access to shopping, dining, and major commuter routes, making daily travel simple and efficient. The area features established utilities nearby and the potential for beautiful views of the Sandia Mountains depending on

  

  Mark Carlisle

  Berkshire Hathaway Home Svc NM

  5019 Monica Ln NW, Albuquerque, NM 87120
• 

  

  /42

  $579,990

  • 5 Beds
  • 4 Baths
  • 1,951 Sq Ft

  396 Pecos Loop SE, Rio Rancho, NM 87124

  Investment Opportunity! Newly constructed in 2024, this two-unit property offers a total of 2,528 sq ft of living space. The main home features 1,628 sq ft with 3 bedrooms, 3 baths, a 2-car garage, stainless steel kitchen appliances, granite counters, and a private yard. The 900 sq ft Accessory Dwelling Unit includes 2 bedrooms, 1 bath, a full kitchen with stainless appliances, granite counters,

  

  Brian Earnest

  Realty One of New Mexico

  396 Pecos Loop SE, Rio Rancho, NM 87124

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