New Mexico Multifamily Homes & Duplexes for Sale

/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
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/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
/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
$335,000
- 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
/25
$500,000
- 2 Beds
- 1 Bath
- 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
/46
$369,000
- 2 Beds
- 2 Baths
- 1,083 Sq Ft
1691 Ponderosa Dr, Jemez Springs, NM 87025

BEAUTIFUL MOUNTAIN RETREAT!!Gorgeous views from this high mountaIn beauty. This two bedroom, two bathroom home sits on 1 acres with astonishing views of Redondo Peak and Cat Mesa. Inhale and relax as you enjoy mountain living among the peaceful atmosphere of nature and wildlife. This home is build to be your permanent or vacation home. How about a weekend get away? THIS PROPERTY HAS DEMONSTRATED

Jerry Jones Realty One of New Mexico

1691 Ponderosa Dr, Jemez Springs, NM 87025
/5
$2,050,000
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
/15
$199,000
- 2 Beds
- 1 Bath
- 1,623 Sq Ft
304 W Wilson Ave, Gallup, NM 87301

Discover this perfect blend of 2 beautiful, well kept, houses for the amazingly low price of 1. This property has investment potential and comfortable living in the heart of Gallup! This charming property features two individual houses, each boasting 2 bedrooms and 1 bathroom. Whether you're looking to live in one unit and rent out the other, or capitalize on rental income from both, this

Amparo Usrey CEDAR & IVY REAL ESTATE, LLC

304 W Wilson Ave, Gallup, NM 87301
/17
$169,000
808 W Deming St, Roswell, NM 88203

This property could be a great income producing property. Front property is currently operated as an Airbnb. Back unit is occupied by a HUD tenant that has been in the property for several years. Back unit pays gas and electric and are on it's own meters. Back unit had a new water heater installed 2025 and partial roof replacement 2023. Front property has had the exterior freshly painted.

Starla Nunez Nunez & Company Realty, LLC

808 W Deming St, Roswell, NM 88203
/9
$80,000
- 1,168 Sq Ft
312 E 9th St, Clovis, NM 88101

Great Investment Opportunity – Fully Rented Duplex! This multi-family duplex features two separate units, each offering 2 bedrooms and 1 bathroom. Both units are currently tenant-occupied and generating steady rental income of $600 per side, with tenants on month-to-month leases—ideal for investors seeking flexibility. Each unit provides a comfortable living space with great rental potential.

Johan Rascon Chavez Better Homes & Gardens Real Estate Experience

312 E 9th St, Clovis, NM 88101
/28
$335,000
- 3 Beds
- 3 Baths
- 1,700 Sq Ft
662 & 668 Avenida Perea, Bernalillo, NM 87004

This is an Amazing unique opportunity to own 2 Separate houses on 2 Seperate Lots - A 2 bedroom 2 bath (approx 980sqft) & A 1 bedroom 1 bath (approx 689sqft) - Each house has a Seperate Entrance & would be Great Rental Properties or for Generational Living. Spacious Lot with Mountain Views & Alot of Potential - Property Is Being Sold As Is - Come Take A Look!

WHITNEY BROWN Desert Dwellings Realty

662 & 668 Avenida Perea, Bernalillo, NM 87004
/77
$285,000
- 3 Beds
- 2 Baths
- 3,448 Sq Ft
815 S 6th St, Raton, NM 87740

Spacious Raised Ranch with Dual Kitchens, Fireplace & Front Mountain Views - 815 S 6th, Raton, NM Discover the versatility and charm of this raised ranch home in Raton, offering over 3,400 sq ft of living space across two full levels. With 3 bedrooms, 2 bathrooms, and two full kitchens-one on each level-this home is perfect for multi-generational living, rental income potential, or extended

Jessica Roybal Willow Springs Realty & Property Management LLC

815 S 6th St, Raton, NM 87740
/39
$1,639,237
2105 S Espina St, Las Cruces, NM 88001

This unique investment opportunity offers a blend of 14 two-bedroom 1 bath units and a single studio unit. Each unit boasts a fenced backyard and features updates such as vinyl windows, sliding doors, and attractive flooring. Also included are Master Cool evaporative coolers, a mini-split HVAC system on the studio, and a coin/app-operated laundry facility. Situated directly across from a large

Marvid Charlson Property Mgt & Investments of NM

2105 S Espina St, Las Cruces, NM 88001
/39
$460,000
- 2 Beds
- 2 Baths
501 3rd St SW, Albuquerque, NM 87102

Stunning 2BR/2BA home in Downtown Albuquerque with rare MX-L zoning. An ideal property for living, vacation rental, or business. Designed by a local artist in a dramatic ''Moody Desert Victorian'' style with copper-painted ceilings, stained glass, and a hidden bookcase door to the primary suite. Brand new metal roof, private jacuzzi, secure gated parking, and privacy fencing. Walk to top dining,

Julie Turner Realty One Group Concierge

501 3rd St SW, Albuquerque, NM 87102
/29
$250,000
1145 N Main St, Las Cruces, NM 88001

Don't miss this incredible investment opportunity! This triplex features three well-maintained 1-bedroom, 1-bathroom units, each offering comfortable living space and steady rental potential. Situated on a generously sized lot, the property also includes a detached garage--perfect for storage or added income possibilities. Whether you're looking to start or expand your real estate portfolio, this

Quayde Bradford Keller Williams Realty

1145 N Main St, Las Cruces, NM 88001
/18
$130,000
- 1,978 Sq Ft
1016 Rencher St, Clovis, NM 88101

Two homes on one lot! Perfect for investors or house-hackers! Both houses together are currently bringing in $1150 a month, with some room to go up! Recent improvements include updated stucco, a new roof, and more! Live in one and rent out the other, or rent both for solid income potential!

Illeana Griego SOUTHWEST REAL ESTATE

1016 Rencher St, Clovis, NM 88101
/19
$3,041,053
- 11,440 Sq Ft
3226 Rufina St, Santa Fe, NM 87507

Excited to see this Apartment community come to market in the high-end tourism, 400 year old capital, high alpine skiing, arts, and cultural mecca of Santa Fe, NM.If you love Meow Wolf, this property is located a few hundred feet south at 3226 Rufina. The economic engine of Meow Wolf makes this an ideal asset to acquire under the rising tide raises all ships theory.The property contains a total

Todd Clarke NM Apartment Advisors, Inc.

3226 Rufina St, Santa Fe, NM 87507
/29
$400,000
- 2 Beds
- 1 Bath
- 1,639 Sq Ft
1202 Truman St SE, Albuquerque, NM 87108

: Welcome Home!! This nicely updated single-story is a charmer! Updated kitchen with new cabinets, countertops and stainless-steel appliances!! Refrigerated air! Refinished original wood floors and fresh paint throughout! Updated bathrooms! Also, a separate area that can be used as an income producing unit!! It is a must see!!

Sean Kesani Coldwell Banker Legacy

1202 Truman St SE, Albuquerque, NM 87108
/39
$194,000
205 E San Miguel St, La Mesa, NM 88044

Two Mobile Homes on 0.89 Acre Plus 27+ Pecan Trees and irrigation water well in La Mesa NM between El Paso TX and Las Cruces NM. One 1967 three bedroom two bath 1064 S.F, other 1984 three bedroom two bath 1120 S.F. All utilities, city sewer, electricity and city water, paved road, one block from Highway 28, easy access to I-25 interstate. Not to many like this

Ernesto Uranga RE/MAX Classic Realty

205 E San Miguel St, La Mesa, NM 88044
/4
$400,000
- 2 Beds
- 1 Bath
- 2,247 Sq Ft
3418 Smith Ave SE, Albuquerque, NM 87106

All units are clean and well maintained. Lot's of updates and repairs in 2024 to improve condition of overall units. Presently all units are rented to a corporate entity and they pay elec and gas. Additional parking space could be available between garages if fence is down.

Ronald Campbell Campbell & Campbell Real Estat

3418 Smith Ave SE, Albuquerque, NM 87106
/8
$335,000
- 2 Beds
- 1 Bath
- 2,621 Sq Ft
1129 Georgia St SE, Albuquerque, NM 87108

Incredible investment opportunity! Two well-maintained brick triplexes, each with three 2 bed, 1 bath units. All units are currently occupied by long-term tenants, offering consistent rental income from day one. Located near Kirtland Air Force Base, UNM, hospitals, and shopping--making these properties highly desirable and easy to rent. Each triplex is listed separately, but both 1129 and 1133

Melanie Armijo ERA Summit

1129 Georgia St SE, Albuquerque, NM 87108
/18
$109,900
- 2 Beds
- 1 Bath
- 900 Sq Ft
104 S Gold St, Truth Or Consequences, NM 87901

Cute 2 bedroom 1 bath located in central T or C. plenty of room for all of your lake toys in the back yard and not far from Hot Springs district. Check this one.

David Meyer DM & BM Realty, Inc.

104 S Gold St, Truth Or Consequences, NM 87901
/30
$485,000
- 3 Baths
924 7th St, Las Vegas, NM 87701

Located in the heart of our Las Vegas, NM community is this historical Colonial Revival style home with a stunning alcove featuring a lovely ornate staircase. The main level of this home offers a spacious living room with fireplace, formal dining room, large kitchen with lots of wood cabinets, breakfast area, an office, laundry room, and a half bath. Upstairs is the main bedroom with a huge

Bernadette Almanzar PUEBLO DEL SOL

924 7th St, Las Vegas, NM 87701
/49
$475,000
- 2 Beds
- 5 Baths
1050 8th St, Las Vegas, NM 87701

Investors!!!!! Here is an established apartment opportunity. There are 8 units, 1-studion, 5 - 1 bedroom units and 2 - 2 bedrooms units. All units fully rented. Location is close to New Mexico Highlands University, schools and shopping.

Jessica Sena NM360 REAL ESTATE

1050 8th St, Las Vegas, NM 87701
/64
$695,000
- 4,683 Sq Ft
1301 Chavez St, Las Vegas, NM 87701

This fully renovated historic adobe compound is a one-of-a-kind dream property with 3 homes, and just 4 blocks from the Las Vegas Old Town Plaza! Part of the house date to the 1870s and 1880s. Hidden within garden walls is a lovingly crafted & spacious compound. All homes have plaster walls, beamed ceilings, private parking, & xeriscaped gardens. Main house is 2920sf, 3 B/4B home and includes a

Laurie Frantz Real Broker LLC

1301 Chavez St, Las Vegas, NM 87701
/41
$347,000 Open Sun 11AM - 3PM
- 3 Beds
- 2 Baths
- 1,996 Sq Ft
301 Stagecoach Dr, Elephant Butte, NM 87935

Sellers may offer up to 2% of buyers closing cost on this Beautiful Lake house within Golf Course community without HOA dues. It has plenty of room to park your boat, RV and toys! Many updates including Resealed roof, New Refrigerated A/C, furnace, stucco, windows, flooring. Remodeled kitchen and bathrooms, new cabinets, appliances, light fixtures, and new septic system. This wonderful home is

David Meyer DM & BM Realty, Inc.

301 Stagecoach Dr, Elephant Butte, NM 87935
/6
$175,000
- 677 Sq Ft
1203 Barelas St SW, Albuquerque, NM 87102

Charming and affordable, this cozy home in the heart of Barelas is perfect for first-time buyers or savvy investors. Enjoy the benefits of off-street parking, a private yard, and updated features including newer vinyl windows and a modernized kitchen. Located in a walkable neighborhood near the zoo, local parks, and the Barelas Community Center--offering free amenities--this home offers comfort,

Tim Nisly Realty One of New Mexico

1203 Barelas St SW, Albuquerque, NM 87102
/46
$450,000
- 2 Beds
- 2 Baths
- 2,257 Sq Ft
83 Paseo de San Antonio, Placitas, NM 87043

Southwestern adobe home on 2.1-acre irrigated fruit and nut orchard. Nestled in the historic Village of Placitas, this pastoral property blends stunning views, Santa Fe style and green living. The two main living areas are joined by a large entryway, where a crow's nest overlook invites mountain viewing and star-gazing. Both living areas include a spacious bedroom, full remodeled bathroom,

John Gillam EXIT Realty Home & Ranch

83 Paseo de San Antonio, Placitas, NM 87043
/22
$509,000
- 1 Bed
- 1 Bath
- 2,797 Sq Ft
1203, 1207 Barelas Rd SW, Albuquerque, NM 87105

Excellent income-producing 4plex in Albuquerque's vibrant and walkable Barelas neighborhood! This unique property includes a well-kept triplex plus a detached casita, each unit offering off-street parking and private yard space. One unit fully renovated in 2025 with modern finishes and new mini-splits and available for showings. Located just steps from the zoo, parks, and the Barelas Community

Tim Nisly Realty One of New Mexico

1203, 1207 Barelas Rd SW, Albuquerque, NM 87105
/9
$190,000
3305 Oak St, Las Cruces, NM 88005

Looking for an investment opportunity? Look no further! This duplex has plenty of character and a lot to offer the right buyer. Both units are separately metered, which means you can rent them out individually ideal for investors or someone looking to live in one unit and rent out the other. Conveniently located near the university, restaurants, and everyday essentials, this property won't last

Jose Cha Real Broker LLC

3305 Oak St, Las Cruces, NM 88005
/17
$205,000
- 1 Bed
- 1 Bath
- 1,218 Sq Ft
516 Alvarado Dr SE, Albuquerque, NM 87108

Excellent duplex opportunity in the heart of Albuquerque! This property features two 1-bedroom, 1-bath units--perfect for investors, owner-occupants, or multigenerational living. Each unit offers a functional layout, fresh paint, and off-street parking. Located close to shopping, dining, public transit, and quick access to major roads. Live in one unit and rent the other, or add a solid asset to

Jonathan Chambers The M Real Estate Group

516 Alvarado Dr SE, Albuquerque, NM 87108
/51
$523,491
- 2 Beds
- 1 Bath
- 2,300 Sq Ft
3444 Eastern Ave SE, Albuquerque, NM 87106

The property has been positioned to partner with the newly announced Touro College Dental school to provide corporate housing for its interns and students. The potential exists to furnish the units and pursue a long term partnership with the dental school.All 4 apartments have been modernized with care and an eye for resident comfort, convenience and security with secured outdoor storage and

Todd Clarke NM Apartment Advisors, Inc.

3444 Eastern Ave SE, Albuquerque, NM 87106

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