New Mexico Multifamily Homes & Duplexes for Sale

/4
$619,900
- 2 Beds
- 1 Bath
2700 Viola Rd SW, Albuquerque, NM 87105

Exceptional Investment Opportunity: Fully Rented 5-Plex. Don't miss this incredible opportunity to own a 5 units in a prime location! Each unit offers 605 sq. ft. of living space, featuring (4) 2 bedrooms, 1 bathroom, and 1 unit offering 1 bed 1 bath. Situated on a generous 0.18-acre lot, the property provides ample parking for tenants and guests. All units are currently occupied with tenants on

Moses Perez The M Real Estate Group

2700 Viola Rd SW, Albuquerque, NM 87105
/36
$261,408
- 4 Beds
- 2.5 Baths
- 2,975 Sq Ft
2201 S 2nd St, TucuMcAri, NM 88401

Don't miss out on this ready to move in home in Tucumcari. Just under 3000 sqft, this beautiful well maintained home will not disappoint!

Valerie Grant

2201 S 2nd St, TucuMcAri, NM 88401
/18
$1,040,000
- 5,170 Sq Ft
199 W Willoughby Ave, Las Cruces, NM 88005

Discover this totally renovated community featuring ten stylish 1-bedroom, 1-bathroom apartments located just minutes from downtown Las Cruces.Smart and efficient floor plans are highlighted by contemporary design features that offer comfort and energy efficiency, including: quality mechanical systems, double pane vinyl windows, upgraded security features, durable vinyl plank flooring, newer

David Clarke NM Apartment Advisors Inc.

199 W Willoughby Ave, Las Cruces, NM 88005
/28
$2,200,000
- 2 Baths
- 28,524 Sq Ft
1229 State St, Raton, NM 87740

This is a great opportunity for multi family housing investment in Raton, NM. Based on funding availability, USDA Rural Development ,may provide funding to make this purchase possible. Funding may include 100% Rental Assistance and interest credit ass This institution is an equal opportunity provider. Fair Housing Act: We are pledged to the letter and spirit of US policy for the achievement of

Pamela Seneff Home Associates, Inc

1229 State St, Raton, NM 87740
/30
$180,000
- 6 Beds
- 2 Baths
712 W Hill St, Gallup, NM 87301

Two homes! Welcome to a unique and versatile property located in the heart of a historic neighborhood, offering an exceptional opportunity for multi-generational living, rental income, or a spacious guest house. Situated on a large, fenced corner lot, this property offers a rare combination of two homes on a single lot, providing endless possibilities for its new owners. Each with its own

CHRISTOPHER ACEVEDO Exp Realty, LLC

712 W Hill St, Gallup, NM 87301
/28
$390,000
- 2 Beds
- 1 Bath
818 Granada St, Socorro, NM 87801

Discover this fantastic investment opportunity in Socorro! This property features four separate rental units, each with 2 bedrooms and 1 bathroom. All utilities are metered separately, ensuring efficient management. Each unit is privately fenced and has been recently remodeled, providing a fresh and inviting atmosphere. Enjoy excellent monthly rental income, all just minutes from NMTech

Jennifer Eylicio Realty One of New Mexico, LLC

818 Granada St, Socorro, NM 87801
/74
$575,000
- 3 Beds
- 3 Baths
- 2,010 Sq Ft
103 & 105 Reese Dr, Ruidoso, NM 88345

Very unique tri-plex that was a single-family home, can be converted to a 3 bdrm, 3 bath home. Presently 3 one bdrm. units rented to 3 different tenants. Owner remodeled the home & made it into income property. Huge 1.9+acres, 2 beautiful river lots, can build a large home on the 1st lot on the left that goes down to the river with beautiful river frontage & views. Very special property w/great

Nancy Lincoln Coldwell Banker SDC

103 & 105 Reese Dr, Ruidoso, NM 88345
/95
$1,299,999
- 4 Beds
- 4 Baths
- 7,000 Sq Ft
1301 W Main St, Red River, NM 87558

This is an amazing investment opportunity! Check out this 14-room working lodge in the historic town of Red River on Main Street. In addition to the 14-rooms that can be rented out nightly, the property also has a 1500 sq ft owner suite to enjoy year-round. For growth purposes, the owner's suite could possibly be turned into more units. The property has 4 queen single rooms, 8 kitchenette rooms

Jason Taylor Coldwell Banker Legacy

1301 W Main St, Red River, NM 87558
/70
$118,655
- 2 Beds
- 2 Baths
918 E High St, Grants, NM 87020

This duplex in Grants, New Mexico, offers one 2-bedroom, 2-bath unit and one 1-bedroom 1 bath unit each featuring hardwood floors. The property comes with separate electric and gas meters for each unit, and a shared water line. Both units are equipped with swamp coolers to keep you comfortable during the warmer months. The durable metal roof adds long-lasting protection. Located just minutes from

Geoffrey Bia Exp Realty, LLC

918 E High St, Grants, NM 87020
/2
$1,200,000
- 15 Beds
- 15 Baths
210 W Dunnam St, Hobbs, NM 88240

15 Units with $900 per month average on rent. Seller pays water. Room to add more units on the bottom story.

Matthew Smith MVMT REALESTATE

210 W Dunnam St, Hobbs, NM 88240
/48
$895,000
- 3 Beds
- 3 Baths
- 3,500 Sq Ft
64 Picuris Rd, Vadito, NM 87579

TWO HOMES - Welcome to the Sunrise and Sunset Homes. Nestled in the quaint Village of Vadito, NM, lies this rare 6+ acre property with two unique adobe homes, situated for peaceful pastural views that provide the full colorful spectrums of New Mexico sunrises and sunsets. The potential for organic farming, (soil has been free of herbicides and pesticides, nourished by only sheep and llama manure

Irene Cordova Realty One of New Mexico

64 Picuris Rd, Vadito, NM 87579
/114
$599,000
- 6 Beds
- 4 Baths
- 3,300 Sq Ft
108 Horton Cir, Ruidoso, NM 88345

This C-1 zoned property (residential/commercial) consists of a 2,175 sq.ft. 3-bedroom home, a 750 sq.ft. 2-bedroom attached AirBnb rental, a 400 sq.ft. detached AirBnb studio cabin, and a 288 sq.ft. detached cabin with a pet bathing station, all on 1/2 acre.•The AirBnb rentals come furnished and include: appliances, decor, TVs, beds, mattresses, blankets, and linens. It's turnkey and

Harvey Foster Century 21 Aspen Real Estate

108 Horton Cir, Ruidoso, NM 88345
/72
$1,385,000
- 10,600 Sq Ft
1801 Plaza St, Las Vegas, NM 87701

Zoned R2 + C2 on the West side of the Historic Plaza, Las Vegas, NM. Exceptional commercial and residential opportunity with 57 feet of glass retail display frontage, 5,000 sq. ft of retail space, and 5,000+ sq. ft. of finished residential all with big tree covered views of the Historic Plaza Park! Winning the 1996 Historic Preservation Award; this prestigious and prominant adobe architectural

David Barker BARKER REALTY LLC

1801 Plaza St, Las Vegas, NM 87701
/13
$130,000
- 1,464 Sq Ft
609 W 8th St, Roswell, NM 88201

Investor Special! Centrally located duplex with strong rental history—now vacant and ready for restoration after October flood damage. 1,464 sqft split into two income-producing units. Unit 1: 2 bed / 1 bath, formerly rented at $950/month. Unit 2: 1 bed / 1 bath, formerly rented at $750/month. Separate gas/electric meters, single water meter. Recent upgrades include new roof (2022), vinyl

JANETT PINA Exp Realty, LLC

609 W 8th St, Roswell, NM 88201
/16
$135,000
- 1 Bed
- 1 Bath
- 1,344 Sq Ft
601 W 1st St, Portales, NM 88130

Great investment opportunity! This duplex is centrally located to ENMU, Cannon, and local amenities. Each unit offers a nice sized living room, kitchen and bath. The property also features a storage unit and is situated on a corner lot so there is plenty of parking. Call to see it today.

Meghan Foote RE/MAX FIRST PLACE REALTORS CLOVIS

601 W 1st St, Portales, NM 88130
/13
$550,000
- 12 Beds
- 6,070 Sq Ft
15 Fort Bayard Rd, Santa Clara, NM 88026

Once an assisted living home, this commercial property now operates as a rental space offering private rooms with baths and shared kitchen, dining, and living areas. Its potential is boundless, featuring spacious common areas perfect for hosting events. Looking for a profitable investment? This versatile property could be just what you need.

Julie Williamson Thompson Realty PC

15 Fort Bayard Rd, Santa Clara, NM 88026
/14
$220,000
23 Warthen Rd Unit 1-4, Anthony, NM 88021

Calling all Investors!!!! This is your opportunity to own this income generating property. The mobile park sits on 1.25 acres and has 4 mobile homes spaces. Separate water, sewer and electricity meters for all spaces. Propane is available on the area. Natural gas available on the street. The seller does not pay for any of the utilities. Mobile homes do not convey with the property.

Yadira Chavez EXIT Realty Horizons

23 Warthen Rd Unit 1-4, Anthony, NM 88021
/29
$275,000
- 3 Beds
- 2 Baths
- 1,224 Sq Ft
104 Shawnee Rd, Logan, NM 88426

Discover this updated mobile home with a fantastic addition, nestled in a charming neighborhood right on the shores of Ute Lake. This 3-bedroom, 2-bath gem offers not just a home, but a lifestyle—perfect for both relaxing and entertaining. The heart of the home features a spacious family room addition, ideal for gathering with loved ones or hosting lively get-togethers. Enjoy cozy evenings by the

TJ Smith UTE LAKE PREMIER PROPERTIES, LLC

104 Shawnee Rd, Logan, NM 88426
/27
$400,000
- 4,200 Sq Ft
909 5th St, Las Vegas, NM 87701

This property is an excellent income property which includes 5 apartments all occupied at this time. Units are in good condition and it is in an excellent location close to Carnegie Library, New Mexico Highlands University and old town plaza area.

Mack Crow ROCKY MOUNTAIN REAL ESTATE

909 5th St, Las Vegas, NM 87701
/66
$1,100,000
- 14 Beds
- 15 Baths
- 8,850 Sq Ft
112 Lower Terrace Dr, Ruidoso, NM 88345

Escape to your very own woodland retreat with this enchanting property nestled among the towering pines. Imagine owning 14 cozy log cabins each adorned with vintage charm, perfectly blending nostalgia with modern comfort. Just a stone's throw from the vibrant midtown area, this unique offering promises both serenity and convenience for long-term rentals or a personal investment treasure.Every

Shelley McAlister Full Circle Realty

112 Lower Terrace Dr, Ruidoso, NM 88345
/23
$259,500
- 3 Beds
- 3 Baths
- 1,800 Sq Ft
102 Apache Dr, Logan, NM 88426

Welcome to this charming Spanish Revival style brick home located at Ute Lake, Logan NM. this property boasts 3 bedrooms, and 3 full bathrooms, and a spacious 1800 sq ft of living space. Step inside to a woodburning fireplace and a fully finished basement perfect for entertaining or relaxing with family and friends. The home features a mix of tile and carpet throughout, as well a a modern HVAC

Deanna K. Osborn Trousdale Real Estate

102 Apache Dr, Logan, NM 88426
/55
$675,000
- 8 Beds
- 8 Baths
2215 Hagerty Rd, Las Cruces, NM 88001

This eight-unit multifamily property is a prime investment opportunity, boasting five fully renovated units with modern upgrades and amenities. The renovations include brand new kitchens and bathrooms, interior and exterior paint, redesigned bathrooms for improved functionality, new tile floors, fixtures, cabinets, refrigerators, ranges, kitchen sinks, countertops, plumbing, interior and exterior

Anela Borrego-Flores Keller Williams Realty

2215 Hagerty Rd, Las Cruces, NM 88001
/23
$234,200
- 8 Beds
- 6 Baths
- 4,102 Sq Ft
1341 Animas St, Lordsburg, NM 88045

Well maintained mobile home park with one site built home and three manufactured homes, total of four separate units. Recently repainted on the exterior. Each mobile home unit has 2 bedrooms and 2 bathrooms with kitchen and eating areas with living rooms, newer appliances, washer & dryer hookups, newer linoleum flooring, three units have a fenced backyard, on-site trash, and boundary fence

Keith Brownfield BHGRE Steinborn & Associates

1341 Animas St, Lordsburg, NM 88045
/45
$286,500
- 10 Beds
- 5 Baths
- 3,468 Sq Ft
760 E Motel Dr Unit 1-5, Lordsburg, NM 88045

Well maintained mobile home park with five separate units. Recently repainted on the exterior and skirting. Each unit has kitchens w/ eating areas with living rooms, newer appliances, washer & dryer hookups, newer linoleum flooring, each unit has a fenced backyard, on-site trash, and boundary fence surrounds the subject property. Each unit has metal roofs and they are each cooled with Master

Keith Brownfield BHGRE Steinborn & Associates

760 E Motel Dr Unit 1-5, Lordsburg, NM 88045
/25
$1,999,000
- 23 Beds
- 20,000 Sq Ft
88 Main St, Pinos Altos, NM 88053

Fabulous Bear Creek Cabins in Pinos Altos for sale. There are 15 rental units total, this includes 7 stand alone units, as well as 4 duplex units. All units have either wood stoves, or fireplaces. All units have microwaves and apartment refrigerator. The stand alone units have full kitchens. Included in the sale is what we fondly named the Lodge, an event center we built to accommodate weddings,

Billy Donnel Silver Advantage Real Estate

88 Main St, Pinos Altos, NM 88053
/20
$295,000
- 3 Beds
- 3 Baths
112 W 3rd Ave, Truth Or Consequences, NM 87901

Charming Pueblo Revival Apartment Complex – Income Potential Awaits! Discover a beautifully remodeled Pueblo Revival-style apartment complex, an income-producing property in a prime location. This well-maintained complex features three beautiful one-bedroom units, each exuding warmth and character, with the added benefit of commercial zoning. The stunning architecture showcases the timeless

Sidney Bryan Sea Properties Ltd

112 W 3rd Ave, Truth Or Consequences, NM 87901
/14
$89,500
3600 Sheridan St, Clovis, NM 88101

Opportunity awaits! This property is zoned Residential Multi-Family and currently has a very nice brick building with a metal roof that is set up for use as a Church.

Margaret Ivanescu REALTY ONE GROUP CONCIERGE

3600 Sheridan St, Clovis, NM 88101
/21
$269,000
- 5 Beds
- 3 Baths
- 2,044 Sq Ft
4460 Little Walnut Rd, Silver City, NM 88061

Very nicely maintained units on a great lot. there is enough land to build more units on the west and south sides of the existing duplex. These were originally built with electric radiant heat in the ceilings of the units. At this time a natural gas stove has been added to each unit. Great investment. Live in one and rent the other or use as a wonderful extended family facility. Loads of mature

Georgia Bearup MIMBRES REALTY, INC

4460 Little Walnut Rd, Silver City, NM 88061
/19
$405,000
- 1 Bed
- 1 Bath
2906 Alhambra Dr, Roswell, NM 88201

Great investment property! This triplex is located in a great northeast location. Each unit is a 2 bedroom 1 bath with its own washer and dryer room, and one car garage. The units have a nice fenced backyard and RV access. Triplex is close to shopping, schools, and hospitals.

MARIE CAMPOS Keller Williams Roswell

2906 Alhambra Dr, Roswell, NM 88201
/18
$150,000
200 Pike St, Logan, NM 88426

3 bedroom, 1 bath approximately 1100 square foot home sit on a 1/2 acre corner lot just minutes from Ute Lake State Park. Home has had many improvements over the last couple of years: New metal roof 2022, new windows 2023, exterior paint 2023, new carpet, and new water heater. Property features an approximately 580 sq.ft detached garage, fencing around entire property, and RV hookup. City water

Deanna K. Osborn Trousdale Real Estate

200 Pike St, Logan, NM 88426
/9
$495,000
- 3,123 Sq Ft
3605 Tyson Place NE, Albuquerque, NM 87107

Two story 4 plex with townhouse style floor plan. 2 bedroom, 1 bath layout.

Martin Esquibel HomeSmart Realty Pros

3605 Tyson Place NE, Albuquerque, NM 87107
/74
$579,429
- 3 Beds
- 2 Baths
- 3,107 Sq Ft
12229 Menaul Blvd NE, Albuquerque, NM 87112

Located just a few blocks west of the Sandia mountain foothills at 12229 Menaul NE, the unit mix includes:- Unit A is a 1,274 square foot, 3 bedroom / 2 bathroom with a 2 car garage.- Unit B is a 1,100 square foot, 2 bedroom, 1bathroom home.- Unit C is a 829 square foot, 2 bedroom, 1 bathroom home.Each residence has its own private area and/or backyard.Besides the spacious units, the main amenity

Todd Clarke NM Apartment Advisors, Inc.

12229 Menaul Blvd NE, Albuquerque, NM 87112
/7
$930,000
- 1 Bath
- 7,500 Sq Ft
335 Espanola St NE, Albuquerque, NM 87108

Back on the market after multiiple offers.This property has recent appraisal with a today value of $930,000 and a future value of $1,070,000 and is approved for a loan from the Ventana Fund with a term sheet that includes 80% loan to value, 5.35% interest rates. Lender would require approval of the Buyer(s).

Todd Clarke NM Apartment Advisors, Inc.

335 Espanola St NE, Albuquerque, NM 87108
/48
$575,000
- 1 Bed
- 4 Baths
423 Marr St, Truth Or Consequences, NM 87901

Great opportunity investment opportunity! 423 Marr Truth or Consequences, NM A 4 unit in the hot water district that is its own private get away and sanctuary. With two different hot tub's that guest can soak in the hot mineral water, one patio plus entire property landscaped with wide variety of plants, trees etc . It's complete greenery to make you feel like you have escaped, this place

Summer Woods CRIPPLE CREEK REALTY, LLC

423 Marr St, Truth Or Consequences, NM 87901
/22
$963,138
- 2 Beds
- 1 Bath
- 7,720 Sq Ft
1100 Palomas Dr SE, Albuquerque, NM 87108

Employment in this area is on a uphill trajectory due to the recent expansion of Netflix, Intel, Amazon and Northrop Grumman which recently moved into its new office building a few blocks away.Measures of investment performance at ask price of $963,138 and current average rent of $917 are a GRM of 8.75, a 5.98% cap rate, $96,314 per unit, $128.42/sf. Rents have increased 13.7% in the last

Todd Clarke NM Apartment Advisors, Inc.

1100 Palomas Dr SE, Albuquerque, NM 87108
/31
$593,000
- 1 Bed
- 1 Bath
- 3,411 Sq Ft
644 Louisiana Blvd SE, Albuquerque, NM 87108

DO NOT DISTURB TENANTS.Shown by appointment ONLY and will only be shown with accepted deal.8.00% CAP RATE ON NOI. See broker for financial information.Fully Leased! Recently Remodeled! This Property has been recently remodeled with a number of improvements including new roofs, stucco, windows, doors.Landscaping, paving, and gravel driveway is all new.The units have kitchen remodels including

Alfredo Barrenechea Absolute Investment Realty

644 Louisiana Blvd SE, Albuquerque, NM 87108
/20
$795,000
34 Varos Rd, Arroyo Hondo, NM 87529

This territorial style style 4,532+/- SF compound sits on 2.8 acres surrounded by lovely pastures. As one enters the largest 3 bedroom, 3 bath unit , the numerous visual characteristics become apparent in the materials utilized for the exterior design components which are integrated into the interior, as in the use of corrugated roofing material on the kitchen ceiling. The house speaks of

Paula Madappa New Mexico Mountain Properties

34 Varos Rd, Arroyo Hondo, NM 87529
/2
$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
$540,000
- 2 Beds
- 1 Bath
- 2,592 Sq Ft
2130 Coal Place SE, Albuquerque, NM 87106

Large owners unit with fireplace . Roof is two years old Property must close at the same time as 2128 Coal SEProperty can be shown with 48hrs notice.

Tim Luten Sperry Van Ness/WACB, Inc.

2130 Coal Place SE, Albuquerque, NM 87106
/2
$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

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