New Mexico Multifamily Homes & Duplexes for Sale

/25
$235,000
- 2 Beds
- 1 Bath
123 46th St SW, Albuquerque, NM 87105

Calling All Investors: Value-Add Triplex with Immediate Income PotentialThis centrally located triplex is a prime opportunity to build equity and generate steady rental income. The main house offers a solid structure and a blank canvas, ideal for value-adding renovations to boost returns or resale value. The two additional units are in leasable condition and can start producing income quickly

Leila Giron

Elevate New Mexico Realty

(505) 594-4062

123 46th St SW, Albuquerque, NM 87105
/33
$1,323,100
- 16 Baths
- 8,740 Sq Ft
500 N 3rd St, Bloomfield, NM 87413

''Bloomfield Bonanza'' Take advantage of this rare opportunity to acquire a well-performing 16-unit multifamily complex, ideally situated in the heart of Bloomfield, NM. Spanning over half an acre, this property includes four separate 4-plex buildings--three of which feature 1-bedroom, 1-bathroom units, and one offering 2-bedroom, 1-bathroom units. Vacancy rates are consistently low, with units

Allen Elmore

EXP Realty, LLC

(505) 591-6063

500 N 3rd St, Bloomfield, NM 87413
/50
$2,200,000
- 18 Baths
- 30,034 Sq Ft
309 S Sixth St, Loving, NM 88240

Have a look at the beautifully remodeled Loving, NM Jr High School located in the Permian Basin & just 2 blocks from the Loving schools. This facility can be your next business location with offices, training facility & employee housing or a multi-family, flex-use investment! Fully furnished & 100% occupied 1 to 3 bdrm apts with 3500+/- sqf office & training/conf room, basketball gym & game

Amanda Mashaw

DUNAGAN ASSOCIATES

(575) 376-5268

309 S Sixth St, Loving, NM 88240
/22
$389,000
- 6 Baths
- 2,507 Sq Ft
215 N Mesa Verde Ave, Aztec, NM 87410

A LITTLE BIT OF AZTEC HISTORY HAS BEEN BROUGHT BACK TO LIFE! The original Aztec Hotel has been renovated by its new owners and is fully occupied. 6 total units including a 2 bed 1 bath house and 5 1 bedroom apartments. The sellers replaced the roof on the main house, repaired the roof on the apartments, updated electrical and plumbing throughout. The property has been fully occupied for 4 months

Paul Barry

RE/MAX of Farmington

(505) 788-5647

215 N Mesa Verde Ave, Aztec, NM 87410
/2
$359,000
- 1 Bed
- 1 Bath
- 4,600 Sq Ft
801 Louisiana Blvd SE, Albuquerque, NM 87108

***BACK ON THE MARKET !!!**Fantastic 4-Plex Property! An Incredible Investment Opportunity Awaits You. Enjoy Generous Enclosed Backyards Perfect for Relaxation and Outdoor Activities. Ideally Situated Near the Air Force Base, this Property Offers Convenient Access to Schools, Shopping, and Public Transport. Don't Miss Out--Come See It for Yourself! With a Brand New TPO Roof and Mini Splits

Joann Sandoval

Casa Grande Realty, LLC

(505) 509-5390

801 Louisiana Blvd SE, Albuquerque, NM 87108
/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

Allen Elmore

EXP Realty, LLC

(505) 636-5494

5045 Bloomfield Hwy, Farmington, NM 87401
/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

Allen Elmore

EXP Realty, LLC

(505) 589-3316

5045 Bloomfield Hwy, Farmington, NM 87401
/19
$750,000
- 4 Baths
- 3,196 Sq Ft
1129 Calle Del Rio, Bloomfield, NM 87413

''Riverview RV Park'' Outstanding investment opportunity!!! Scenic riverfront RV park, ideally located along the breathtaking San Juan River in Bloomfield, NM. With direct signage exposure on U.S. Highway 550 and traffic counts exceeding 15,000 vehicles per day, this property offers excellent visibility and accessibility for both short- and long-term guests. The property features three

Allen Elmore

EXP Realty, LLC

(505) 588-6447

1129 Calle Del Rio, Bloomfield, NM 87413
/19
$950,000
- 1 Bed
- 1 Bath
405 Yale Blvd SE, Albuquerque, NM 87106

Rare opportunity to own this 9 unit property just a few blocks from UNM campus. Situated on 3 lots, this property consists of 5 separate buildings, one of which could be used for storage. Addresses include 407 Yale, 409 Yale, 2129, 2131 & 2137 Coal SE. This property features a mix of 2 bedroom and 1 bedroom units which bring in excellent rents.

The Schuster Team

Keller Williams Realty

(505) 448-7335

405 Yale Blvd SE, Albuquerque, NM 87106
/2
$1,150,000
915 Gusdorf Rd, Taos, NM 87571

This is a long-time five-unit revenue-generating property located just south of the intersection of Gusdorf Road and Cruz Alta in Taos town, perfect for anyone desiring to own income-producing properties in Taos and maybe even reserve a unit for their own use. Short-term rental licenses are also available in the Town of Taos so the STR market could be another option for any new owner. Varying

Martin Molz

MKM Real Estate LLC

(575) 254-2685

915 Gusdorf Rd, Taos, NM 87571
/40
$629,000
- 2 Beds
- 2 Baths
- 5,080 Sq Ft
834 Griegos Rd NW, Albuquerque, NM 87107

Welcome to 834 Griegos NW, a unique five-unit compound-style property in Albuquerque's desirable North Valley. This mixed-use investment includes three residential units and two commercial spaces. Built in 1924 (per assessor records), local history suggests part of the building once served as a tack house. One commercial tenant has been in place for over 20 years, providing stability. Situated on

Christopher Cruz

Keller Williams Realty

(505) 591-9184

834 Griegos Rd NW, Albuquerque, NM 87107
/39
$449,000
- 1 Bed
- 1 Bath
- 1,080 Sq Ft
2819 New Mexico 14, Los Cerrillos, NM 87010

Authentic Magical Madrid Cottage with Creative Spaces! This sun-soaked gem blends possibility with artistic living. The upper level features a one-bedroom, one bathroom, full kitchen owner's suite with a private deck perfect for morning coffee or stargazing. Below, features a flex space like no other. Open floorplan with one bathroom and full kitchen. Great family home. With a separate entrance,

The Peak Team MORE Realty, Inc

2819 New Mexico 14, Los Cerrillos, NM 87010
/26
$1,375,000
- 2,556 Sq Ft
610 Rio Grande Ave, Santa Fe, NM 87501

This unique Santa Fe property features TWO FULLY INDEPENDENT HOMES on one lot, offering exceptional flexibility for living, renting, or multigenerational use—all in a prime walking location near the Plaza and the Railyard.The Rio Grande-facing 1190 sq. ft. residence is tucked behind a gated courtyard for a warm, private welcome. Inside, classic Santa Fe charm abounds: rich wood floors, tall

Amanda Morris Barker Realty, LLC

610 Rio Grande Ave, Santa Fe, NM 87501
/46
$1,995,000
- 2,495 Sq Ft
534 Hillside Ave, Santa Fe, NM 87501

534 Hillside Avenue is a truly rare offering: a fully renovated adobe TRIPLEX blending rich Southwestern character with timeless Tuscan elegance. Located in the Historic Eastside, this exceptional income-producing property is as enchanting as it is versatile. The main residence features a beautifully designed 2-bedroom, 2-bathroom layout with an open-concept living, kitchen, and dining area.

Stephanie Duran Barker Realty, LLC

534 Hillside Ave, Santa Fe, NM 87501
/24
$320,000
- 1 Bed
- 1 Bath
- 2,976 Sq Ft
503 U S Route 66, Moriarty, NM 87035

This updated 5-unit multifamily property in Moriarty, NM, offers a rare chance to own a fully rented income-producing asset with long-term tenants on month-to-month leases. The interiors have been modernized, the exterior refreshed, and essential updates to electrical and sewer systems provide peace of mind. A strong rental demand and room for growth, this turnkey property is ready to generate

Richard Hanna Hanna Commercial, LLC

503 U S Route 66, Moriarty, NM 87035
/30
$750,000
- 2 Beds
- 2 Baths
12120 Candelaria Rd NE, Albuquerque, NM 87112

The property is located close to foothills trails, I-25, Kirtland Air Force Base, Sandia National Laboratories and great local shopping & restaurants. Each townhouse style apartment contains two bedrooms and one bathroom upstairs and 1/2 have bathroom and laundry room downstairs and they are also separately metered for gas and electric. Large parking lot accommodates plenty of off street

Todd Clarke NM Apartment Advisors, Inc.

12120 Candelaria Rd NE, Albuquerque, NM 87112
/52
$650,000
- 3 Beds
- 2.5 Baths
- 2,090 Sq Ft
921 Roma Dora Ln, Albuquerque, NM 87121

The home has spacious 3 bedrooms and 2.5 baths, with a 2 car garage. The home has big shop which you can use for storage.

Morris Lucero Realty One of New Mexico

921 Roma Dora Ln, Albuquerque, NM 87121
$999,000 New Construction
- 3 Beds
- 2 Baths
- 1,820 Sq Ft
1 Mesa Encantada Ave, Ranchos de Taos, NM 87557

Stunning New Home with Incredible Golf Course Views! Experience the perfect blend of Southwestern charm and modern luxury in this brand-new stucco home perched hillside overlooking pristine fairways. Step inside to discover high-quality finish's throughout, from elegant granite countertops to sleek stainless steel appliances in the gourmet kitchen. A Kiva-style fireplace anchors the spacious

John Trujillo Coldwell Banker Mountain Prop.

1 Mesa Encantada Ave, Ranchos de Taos, NM 87557
/12
$799,000
1604 Mathis Rd, Anthony, NM 88021

Melissa Robinson Cripple Creek Realty, LLC

1604 Mathis Rd, Anthony, NM 88021
/30
$399,000
- 3 Beds
- 2 Baths
- 1,800 Sq Ft
111 Sioux Rd Unit 13 & 14, Logan, NM 88426

Welcome to this charming 3-bedroom, 2-bath home spanning approximately 1800 square feet, nestled on two generously sized lots in a peaceful neighborhood just minutes from Ute Lake State Park. Enjoy modern comforts with all-electric appliances-except for heating and oven-along with city sewer service and a private well. Stay comfortable year-round with mini-split air conditioning, and take in

Deanna K. Osborn Trousdale Real Estate

111 Sioux Rd Unit 13 & 14, Logan, NM 88426
/22
$245,000
- 1 Bed
- 1 Bath
- 1,688 Sq Ft
408 Pennsylvania St SE, Albuquerque, NM 87108

Adorable brick triplex with gated courtyard entry and off street parking! Updated units! Two 1bd/1ba and one studio unit. 1 single car garage, and tenant storage closets! All units rented, stable tenants, strong cash flow! New foam roof in 2012 and sewer/plumbing redone 2011. Convenient to KAFB, hospitals, public transportation, Sunport, UNM, and CNM! Submit LOI or offer. Do not disturb tenants,

Sarah Rich GDR Property Solutions, LLC

408 Pennsylvania St SE, Albuquerque, NM 87108
/18
$255,000
- 2 Beds
- 1 Bath
- 823 Sq Ft
120 Aster Dr SW, Rio Rancho, NM 87124

This inviting two-bedroom, one-bath home offers cozy living with thoughtful updates and a beautifully landscaped backyard. Inside, you'll find a warm and functional layout with natural light and comfortable living spaces. Step outside to a spacious, fully landscaped backyard--perfect for outdoor dining, gardening, or relaxing under the New Mexico sun. Whether you're hosting friends or enjoying a

Marcus Brown MORE Realty, Inc

120 Aster Dr SW, Rio Rancho, NM 87124
/9
$250,000
674 S Roosevelt Road T, Portales, NM 88130

What if you can pick up FIVE INCOME-PRODUCING properties with ONE purchase? Today, you can with THIS amazing investment property. On one piece of land we have multiple properties that already have long-term tenants. Although one needs some TLC, it has the potential to increase earnings! This is a property outside of city limits to further enjoy the quiet and privacy. All appliances and climate

Edgar Garcia Better Homes & Gardens Real Estate Experience

674 S Roosevelt Road T, Portales, NM 88130
/3
$105,000
413 S Avenue A, Portales, NM 88130

This property will transform you into a real estate investor! With tenants already in place you can begin to build a portfolio today! Two properties in one in a very favorable location. If you're wanting to create wealth long term - schedule a private tour asap!!

Edgar Garcia Better Homes & Gardens Real Estate Experience

413 S Avenue A, Portales, NM 88130
/16
$265,000
- 2 Beds
- 2 Baths
- 816 Sq Ft
2824 Bel Air Dr NE, Albuquerque, NM 87110

If you're looking for an investment property that needs minimal work, this is the one for you. Fully updated kitchen with custom cabinets, roof, heater and windows have all been updated, and refrigerated air! Front yard includes a privacy wall from the street plus a privacy gate before the front door. Backyard includes a fenced in patio plus carport and shed. Come see this gem today!

Katelynn Henderson Momentum Real Estate Group

2824 Bel Air Dr NE, Albuquerque, NM 87110
/32
$349,000
- 2 Beds
- 2 Baths
- 1,528 Sq Ft
219 Monte Alto Place NE, Albuquerque, NM 87123

This charming and spacious 2-bedroom, 2-bathroom home is located on the east side of Tramway near the cross streets of Tramway & Encantado. It borders Open Space, offering beautiful views and convenient access to the mountains, while also providing easy city access via the freeway. Nearby amenities include Shopping and Uptown Shopping Center.Ideal Location: Walking/running/biking distance to

Jared English Congress Realty, Inc

219 Monte Alto Place NE, Albuquerque, NM 87123
/50
$519,000
- 1 Bed
- 1 Bath
- 2,290 Sq Ft
2225 Beryl Ct NW, Albuquerque, NM 87104

Investment Opportunity: Profitable Turnkey Airbnb in Albuquerque Seller Financing Considered for Well-Qualified Investors Property Overview: Discover the charm of the Land of Enchantment with the Boutique-On-Beryl, a profitable Airbnb property perfect for investors. Prime Location: 1 mile to Old Town 2 miles to Botanic Gardens, Robinson Park, & Tingley Beach 3 miles to the Zoo, Aquarium, Rio

Mark Rickert Real Broker, LLC

2225 Beryl Ct NW, Albuquerque, NM 87104
/45
$996,000
- 2,630 Sq Ft
176 Maestas Rd, Ranchos de Taos, NM 87557

Discover a Unique Taos Living and Investment Opportunity! Nestled in Ranchos de Taos, just outside town limits, this exceptional property offers a serene lifestyle combined with a positive, steady rental income. You'll be living in a peaceful neighborhood, yet just 4 miles from Taos Plaza, a half-mile from Holy Cross Hospital, and moments from the Weimer Foothills trails. This unique offering

Jody Lusk Barker Realty, LLC

176 Maestas Rd, Ranchos de Taos, NM 87557
/12
$75,000
- 2 Beds
- 2 Baths
- 1,064 Sq Ft
907 E Hill Ave, Gallup, NM 87301

Charming Multi-Family Property in the Heart of Town – Perfect Investment Opportunity!Discover this fantastic multi-family property ideally located in the vibrant center of town, just steps away from shopping, dining, and recreational activities. Whether you’re an investor or looking for a home with rental income potential, this property is a must-see! Property Highlights: • Unit 1: Spacious

Mike Mazel KELLER WILLIAMS REALTY GALLUP LIVING

907 E Hill Ave, Gallup, NM 87301
/27
$262,000
- 2 Beds
- 1 Bath
- 1,077 Sq Ft
2517 Sol de Vida NW, Albuquerque, NM 87120

Welcome home to this beautifully remodeled home. This home has a ton of new features such as new roof 8 yr warranty (installed 5/25), new paint inside and outside (painted 5/25), new water heater (installed 7/25), new windows with lifetime warranty ( installed 6/25), new flooring (installed 7/25), new kitchen and bath (installed 7/25), new appliances as of 7/25, granite counters in kitchen and

Matt Gowan Roadrunner Realty & Investment

2517 Sol de Vida NW, Albuquerque, NM 87120
/46
$816,000
- 2 Beds
- 1 Bath
- 7,184 Sq Ft
530 Tennessee St NE, Albuquerque, NM 87108

Each unit contains a large two bedroom, one bathroom unit with fireplace and each building has a laundry facility. With an ask price of the current average rents of $1,050, and an ask price of $816,000 the measures of investment performance include a price per unit of $102,000, price per square foot of $113.59, a GRM of 8.30, an after reserves cap rate of 7.05%.If rents are raised to the market

Todd Clarke NM Apartment Advisors, Inc.

530 Tennessee St NE, Albuquerque, NM 87108
/2
$320,000
- 2 Beds
- 2 Baths
1314 Sonora Rd, Clovis, NM 88101

Welcome to this exceptional investment opportunity in Clovis, New Mexico! This newly constructed duplex offers 1,812 square feet of thoughtfully designed living space, featuring two identical units, each boasting 2 bedrooms and 2 bathrooms. The property showcases modern details throughout, providing comfortable and contemporary living spaces for potential tenants. Each unit comes complete with

GAYLA BRUMFIELD Tbg Realtors

1314 Sonora Rd, Clovis, NM 88101
/83
$500,000
- 9 Beds
- 5 Baths
- 3,190 Sq Ft
306 Fifth St, Sunland Park, NM 88063

Superb opportunity for a savvy investor. 5 Units, 4 two bedrooms w/one bathroom and 1 One Bedroom Apartment w/ 1 bathroom. There is also a coin operated laundry room on site for extra monthly revenue. This property presents a rare chance to capitalize on a prime location bordering Texas. The five completely renovated units feature ceramic tile, granite countertops, and refrigerated air

Lisa Rivera EXIT Realty Horizons

306 Fifth St, Sunland Park, NM 88063
/25
$479,000
- 2 Beds
- 1 Bath
- 3,400 Sq Ft
530 Alvarado Dr SE, Albuquerque, NM 87108

Great opportunity to add to or start your portfolio with this income producing 4- plex built in 2011. All units are 2 bedroom, 1 full bath plus washer/dryer in each unit. Galley kitchens with gas stoves, dishwasher and breakfast nook. Even has refrigerated Air! All units are individually metered for gas and electric. Off street parking for each tenant. Close to public transportation,

Liska Maddox Maddox & Co/REALTORS

530 Alvarado Dr SE, Albuquerque, NM 87108
/8
$165,000
- 2 Beds
- 3 Baths
- 4,257 Sq Ft
302 E Coal Ave, Gallup, NM 87301

Prime 4-Unit Multi-Family Investment Opportunity Discover an exceptional income-producing property in a desirable location, perfect for investors or owner-occupants seeking rental income. This 4-unit multi-family property, situated on a spacious 0.47-acre lot, offers a diverse mix of living spaces to attract a variety of tenants. With a total of 4,257 square feet of living space across four

Mike Mazel KELLER WILLIAMS REALTY GALLUP LIVING

302 E Coal Ave, Gallup, NM 87301
/32
$425,000
- 1 Bed
- 1 Bath
2117 Lead Ave SE, Albuquerque, NM 87106

Fantastic income property in a highly desirable area! This property features three separate units, offering excellent rental potential for steady cash flow. Each unit has its own private entrance and functional layout. Located in a sought-after neighborhood close to shopping, dining, schools, and major commuter routes, this multi-unit property ensures strong demand and solid appreciation

Robert Faithe Keller Williams Realty

2117 Lead Ave SE, Albuquerque, NM 87106
/3
$1,000,000
- 3 Beds
- 1 Bath
- 5,603 Sq Ft
313 Iron Ave SW, Albuquerque, NM 87102

Well kept property that has been in the same family for over 100 years. Call Listing agent for showing. Must give 48 hrs notice.

Tim Luten Sperry Van Ness/WACB, Inc.

313 Iron Ave SW, Albuquerque, NM 87102
/17
$595,000
- 2 Beds
- 1 Bath
- 1,783 Sq Ft
3537 Ross Ave SE, Albuquerque, NM 87106

Corner lot duplex with quick access to Kirtland AFB, Sunport, and I-25. Owner has been renovating both units, one unit is currently occupied and the other needs to be renovated. Units have all NEW Plumbing w/Green Tags. Units have NEW Load Centers and Wiring. Granite Counters and Ceramic Tile adorn the kitchen and bath. Baths have Kohler Tubs. Recessed lighting in living and kitchen areas.

Leslie Miller Rita Loy Real Estate

3537 Ross Ave SE, Albuquerque, NM 87106
/62
$1,023,993
- 5,338 Sq Ft
1004 Nm 76, Espanola, NM 87532

This seven plex is well located in close proximity jobs, retail, restaurants, casinos and the world famous El Parasol and Rancho Chimayo Restaurants. Each of the units has it’s own laundry or shares with one additional unit. Most of the residences have their own private yard spaces and truly feel like separate cottages in a larger northern New Mexico familial compound setting.The property

Todd Clarke NM Apartment Advisors, Inc.

1004 Nm 76, Espanola, NM 87532
/15
$349,900
- 3 Beds
- 3 Baths
- 1,666 Sq Ft
903 Edith Blvd NE, Albuquerque, NM 87102

Own a piece of history on the original Camino Real that is now Edith Blvd. N. E. The Conquistadors rode on horseback with armour on this road from Santa Fe to Mexico City. The property is zoned MX- L in the City of Albuquerque. The current use of the property is multi-family with month to month rentals. The detached homes are in a Santa Fe style Coyote gated fenced compound with off street

Richard Abel Richard Abel Real Estate Consultant

903 Edith Blvd NE, Albuquerque, NM 87102

Showing Results 1 - 40, Page 1 of 6

New Mexico

How to Buy a Home How to Finance a Home How to Sell a Home

Top Cities with Multi-Family Homes for Sale in New Mexico

Top Counties with Multi-Family Homes for Sale in New Mexico

More About Living in New Mexico

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

New Mexico Multifamily Homes & Duplexes for Sale

Multi-Family Homes & Duplexes for Sale in New Mexico

Top Cities with Multi-Family Homes for Sale in New Mexico

Top Counties with Multi-Family Homes for Sale in New Mexico

More About Living in New Mexico