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
/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
/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
/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
/2
$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
/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
$435,000
- 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
/16
$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 and one unit is currently occupied and the other needs to renovated. Two car garage in rear is not in use and can be repurposed.

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
- 2 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
/2
$295,000
1301 Sanchez Ln, Bloomfield, NM 87413

This 6-space mobile home park offers cash flow and long-term upside with a 8.9% cap rate, and 9% Cash on Cash Return, based on 30% down. Property features a blend of 1 park-owned and 5 tenant-owned homes, providing a balanced mix of income stability and lower maintenance demands. Homes are connected to city utilities, with each unit on separate propane. Water & Electric is currently paid by the

Brett Rosenbaugh R1 New Mexico Farmington

1301 Sanchez Ln, Bloomfield, NM 87413
/6
$1,450,000
1310 Sanchez Ln, Bloomfield, NM 87413

Investor opportunity in Bloomfield, New Mexico -- this 29-space mobile home park offers strong cash flow and long-term upside with a 11.5% cap rate, and 18.6% Cash on Cash Return, based on 30% down. Property has a blend of 18 park-owned and 11 tenant-owned homes, providing a balanced mix of income stability and lower maintenance demands. Homes are connected to city utilities, with each unit on

Brett Rosenbaugh R1 New Mexico Farmington

1310 Sanchez Ln, Bloomfield, NM 87413
/7
$1,600,000
1307 Sanchez Ln, Bloomfield, NM 87413

Investor opportunity in Bloomfield, New Mexico -- this 35-space mobile home park offers strong cash flow and long-term upside with a 12% cap rate, and 15% Cash on Cash Return, based on 30% down. Property sits on 2 parcels, and features a blend of 19 park-owned and 16 tenant-owned homes, providing a balanced mix of income stability and lower maintenance demands. Homes are connected to city

Brett Rosenbaugh R1 New Mexico Farmington

1307 Sanchez Ln, Bloomfield, NM 87413
/25
$510,000
- 3,336 Sq Ft
3501 Wellesley Dr NE, Albuquerque, NM 87107

Well Maintained 4-Plex located in NE Heights. Fully rented!!! All units are 2 bedroom, 1 bath. Newer windows, roof & A/C units. 2 Upper, 2 Lower units.

Amy Ruiz RE MAX Exclusive

3501 Wellesley Dr NE, Albuquerque, NM 87107
/80
$245,000
- 3 Beds
- 3 Baths
1140 S Mesquite St, Las Cruces, NM 88001

Rare investment opportunity in the heart of Las Cruces! Located just minutes from NMSU, shopping centers, schools, and major thoroughfares, this fully occupied triplex is the perfect blend of current cash flow and future potential. The property features two units in a great duplex layout, along with a detached, character-filled A-frame apartment--all with long-term renters in place, generating

Lisa Rivera EXIT Realty Horizons

1140 S Mesquite St, Las Cruces, NM 88001
/17
$358,000
- 2 Beds
- 1 Bath
- 2,760 Sq Ft
236 San Pablo St NE, Albuquerque, NM 87108

This 4 Plex is an Incredible investment opportunity in a sought after area of town, with a large tenant base. Pride of ownership shows with recent maintenance and beautiful wood floors. 236 & 240 San Pablo share a common area in the center of the property and are the perfect pair for purchase. Current ownership has maintained tenants and steady growth in income, also doing some recent repairs

Steffan Walters Jason Mitchell RE NM

236 San Pablo St NE, Albuquerque, NM 87108
/17
$358,000
- 2 Beds
- 1 Bath
- 2,760 Sq Ft
240 San Pablo St NE, Albuquerque, NM 87108

This 4 Plex is an Incredible investment opportunity in a sought after area of town, with a large tenant base. Pride of ownership shows with recent maintenance and beautiful wood floors. 236 & 240 San Pablo share a common area in the center of the property and are the perfect pair for purchase. Current ownership has maintained tenants and steady growth in income, also doing some recent repairs

Steffan Walters Jason Mitchell RE NM

240 San Pablo St NE, Albuquerque, NM 87108
/62
$425,000
- 5 Beds
- 2 Baths
- 2,896 Sq Ft
200 W Lucero Ave, Las Cruces, NM 88005

Versatile triplex in a prime Las Cruces location -- bringing in rental income! This property features two units in the main home plus a detached casita, all fully rented. Enjoy recent updates like dual HVAC systems, updated windows, and a mini-split in the casita for added comfort. With spacious off-street parking, it's perfect for an investor, owner-occupant, or multi-gen setup. Just blocks from

Noe Reyes EXIT Realty Horizons

200 W Lucero Ave, Las Cruces, NM 88005
/25
$75,000
- 2 Beds
- 2 Baths
- 1,480 Sq Ft
404 S 10th St, Artesia, NM 88210

Duplex being sold as is where is. Each side is a little over 740 sq with a one bedroom, dining room or possibly second bedroom, kitchen and bathroom. Carport parking for each side. Duplex has a newer metal roof. Great central location in town. Please be careful walking around inside as floors are not clean. With some elbow grease and work this could be a great income producing property. Units

Donna Clark LOIS OLIVER REAL ESTATE

404 S 10th St, Artesia, NM 88210
/29
$877,000
107 Dona Ana Dr, Taos, NM 87571

Incredible Multi-Family Investment Opportunity in Town ~ The Las Chamisas Condo complex, now on the market, is a rare and lucrative find in Northern New Mexico today. Each of the 4 units boast 600+ square feet, and have each been tastefully renovated over the years; they even possess their own washer & dryer in each unit. Inside and out, the property has been impeccably maintained, and is filled

Page Sullivan Berkshire Hathaway HomeServices Taos Real Estate

107 Dona Ana Dr, Taos, NM 87571
/50
$340,000
- 7 Beds
- 2 Baths
1237 N Gabaldon Rd, Belen, NM 87002

Come see this beautiful country living investment property! This property offers a 3 BDR and 4 BDR with an acre an half of horse property or can be used for farming. The property is completely fenced in and has access to the ditch in the back. There is an additional structure that can easily be a 1 BDR casita as well. Make an appointment today!

Pablo Trujillo EXP Realty, LLC

1237 N Gabaldon Rd, Belen, NM 87002
/18
$290,000
- 2,000 Sq Ft
1600 W 12th St, Clovis, NM 88101

Come see this new construction duplex, ready for you or your tenants! Outside features a xeriscape front lawn for easy maintenance and a sturdy metal fence to enclose and separate the backyard for each unit. Inside, you'll find an efficient, 2 bedroom, 2 bathroom layout in each unit, with granite countertops, a nice sized laundry room, and an attached one car garage for your convenience! Central

John Myers COLONIAL REAL ESTATE

1600 W 12th St, Clovis, NM 88101
/2
$115,000
- 2 Beds
- 2 Baths
2616 W Midwest St, Hobbs, NM 88240

Great investment property waiting for you to make it yours! 2 Manufactured homes and storage unit. All fenced in. 1981 Woodlake Manufactured Home 14 X 56 1982 Manatee Manufactured Home 14 X 66 Needs some TLC, Sold "As is"

JOSEPHINA MARQUEZ CORE REALTY GROUP

2616 W Midwest St, Hobbs, NM 88240
/5
$2,125,000
1000 Mockingbird Ln, Clovis, NM 88101

This incredible 20-unit investment complex is a true gem, offering a diverse mix of residences that ensure strong and steady rental income. With a blend of 1-bedroom and 2-bedroom units—including a charming 2-bed, 2-bath home and a 5-plex—this property provides something for everyone. Major upgrades have already been taken care of, with new roofs across the board and most HVAC units recently

Holly Stockstill COLDWELL BANKER PRIME REAL ESTATE

1000 Mockingbird Ln, Clovis, NM 88101
/27
$195,000
- 1 Bed
- 1 Bath
- 590 Sq Ft
903 Main St, Magdalena, NM 87825

Don't pass this opportunity to own three rental units in Magdalena. These units have been well maintained and have had recent renovation done. Each of the units has one bedroom and 3/4 bath, Kitchen, and Living Room and private courtyard, Approximately 590 square feet of living area in each unit. All units have had Interior and Exterior painting done. Unit 903 has newer Hot water heater and no

Donald Auge Coldwell Banker Legacy

903 Main St, Magdalena, NM 87825

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