New Mexico Multifamily Homes & Duplexes for Sale

/32
$329,000
- 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
/51
$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
/14
$65,000
- 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
/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
$145,000
- 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
/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 renovated one unit and is currently renovating the other unit. The renovated unit is currently occupied. 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

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
/31
$399,900
- 6 Beds
- 3 Baths
- 2,370 Sq Ft
906 Franciscan St NE, Albuquerque, NM 87102

This lovely Santa Fe style property is in a Coyote Fenced and gated compound. The very quiet, tranquil and peaceful property is on a cul-de-sac with many newly renovated homes in the neighborhood. The 2 detached homes and heated Casita have been professionally designed and decorated. The large yard has room for an ADU, if the new owner wishes to expand. There is a large berm on the back and side

Richard Abel Richard Abel Real Estate Consultant

906 Franciscan St 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
/29
$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
/33
$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
$239,000
- 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
$335,000
- 2 Beds
- 1 Bath
- 2,760 Sq Ft
236 San Pablo St NE, Albuquerque, NM 87108

This 4 Plex consisting of 3 one bedroom units, and an owners unit featuring a 2 bedroom 1 bathroom, 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; each sit on a

Steffan Walters Jason Mitchell RE NM

236 San Pablo St NE, Albuquerque, NM 87108
/17
$335,000
- 2 Beds
- 1 Bath
- 2,760 Sq Ft
240 San Pablo St NE, Albuquerque, NM 87108

This 4 Plex consisting of 3 one bedroom units, and an owners unit featuring a 2 bedroom 1 bathroom, 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; each sit on a

Steffan Walters Jason Mitchell RE NM

240 San Pablo St NE, Albuquerque, NM 87108
/62
$420,000
- 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
/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
$315,000
- 7 Beds
- 2 Baths
1237 N Gabaldon Rd, Belen, NM 87002

**SELLER IS VERY MOTIVATED**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!

K2 Realty Group 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

PRICE REDUCED $10K!!! 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
/68
$466,888
- 3 Beds
- 2 Baths
- 2,786 Sq Ft
2450 Floral Rd NW, Albuquerque, NM 87104

The main house, Unit A, is a three bedroom, two bathroom beauty with hardwoods floors which faces Floral Road. Unit BC is a two story 3 bedroom, two bathroom unit that faces Rose Avenue.Measures of investment performance at start price of $466,888 and current average rent of $2,225 are a GRM of 8.74, a 8.03% cap rate, $233,444 per unit, $167/sf and an after tax IRR of 24.50%, with the potential

Todd Clarke NM Apartment Advisors, Inc.

2450 Floral Rd NW, Albuquerque, NM 87104
/52
$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
$179,000
- 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
/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
/54
$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
/27
$450,000
- 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
$240,000
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
$119,900
- 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
/19
$3,041,153
- 1 Bed
- 1 Bath
- 11,440 Sq Ft
3226 Rufina St, Santa Fe, NM 87507

This community is 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 of 23 units in 2 buildings built in

Todd Clarke NM Apartment Advisors, Inc.

3226 Rufina St, Santa Fe, NM 87507
/29
$389,900
- 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
$330,000
- 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
/15
$330,000
- 2 Beds
- 1 Bath
- 2,800 Sq Ft
1133 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 1133 and 1129

Melanie Armijo ERA Summit

1133 Georgia St SE, Albuquerque, NM 87108
/30
$450,000
- 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
/41
$335,000
- 3 Beds
- 2 Baths
- 1,996 Sq Ft
301 Stagecoach Dr, Elephant Butte, NM 87935

OWNER FINANCING 50k Down! 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 waiting for you. All Buyers

David Meyer DM & BM Realty, Inc.

301 Stagecoach Dr, Elephant Butte, NM 87935
/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 - Agave Group

3305 Oak St, Las Cruces, NM 88005

Showing Results 81 - 120, Page 3 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