Truth Or Consequences, NM Multifamily Homes & Duplexes for Sale

/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
/35
$309,000
- 3 Beds
- 2 Baths
- 1,641 Sq Ft
920 Juniper St, Truth Or Consequences, NM 87901

This beautifully remodeled 1975 home blends modern upgrades with spacious flexibility, all set on a generous .25-acre corner lot in the heart of Truth or Consequences.Featuring an open-concept layout, this move-in ready gem boasts newly installed central A/C and heating, flooring throughout, windows, and completely updated kitchen and bathrooms--including newly installed cabinetry, showers,

David Meyer DM & BM Realty, Inc.

920 Juniper St, Truth Or Consequences, NM 87901
/49
$305,000
- 3 Beds
- 2 Baths
- 1,504 Sq Ft
1440 E Riverside Dr, Truth Or Consequences, NM 87901

This beautiful 3 bed 2 bath home is ready for you to move in. This property shows pride of ownership with a remolded kitchen, flooring that has been redone and updated the windows and doors. This home has a fenced back yard, the whole property is completely fenced in, has a shop/barn and has a stable for a horse. The 2011 Wildcat 5th wheels will convey with the sale of the property. The 5th wheel

David Meyer DM & BM Realty, Inc.

1440 E Riverside Dr, Truth Or Consequences, NM 87901
/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
/63
$599,000
700 E Riverside Dr, Truth Or Consequences, NM 87901

Summer Woods CRIPPLE CREEK REALTY, LLC

700 E Riverside Dr, Truth Or Consequences, NM 87901

New Mexico Sierra County Truth Or Consequences

Why Live in Truth Or Consequences

Truth or Consequences, NM, located in the Chihuahuan Desert along the Rio Grande, is a small community known for its unique name and artistic vibe. Originally called Hot Springs, the town changed its name as part of a publicity stunt for Ralph Edwards' game show. The area is famous for its odorless hot springs, which maintain a constant temperature of 109 degrees year-round and are popular among both locals and tourists. Elephant Butte Lake State Park, just 5 miles away, offers recreational activities such as boating, fishing, hiking, and camping. The community features wide roads, rocky desert landscaping, and distant mountain views, with homes dating back to the 1920s. Most houses are Southwestern ranch-style homes and bungalows built between 1940 and 1980, with some renovated properties available. Downtown T-or-C is vibrant with historic buildings, art galleries, bookstores, and boutique shops along Broadway Street. Local businesses, including the popular T or C Brewing, add to the area's charm. The community hosts live bands, street performances, and annual events like the Sierra County Fair and T or C’s Old-Fashioned Christmas. Truth or Consequences Municipal Schools serve the area, with Arrey Elementary School being highly rated. Interstate 25 and a new public transportation line provide easy travel options, while Sierra Vista Hospital offers medical services.

Learn more about living in Truth Or Consequences

Home Trends in Truth Or Consequences, NM

On average, homes in Truth Or Consequences, NM sell after 89 days on the market compared to the national average of 70 days. The median sale price for homes in Truth Or Consequences, NM over the last 12 months is $195,000, down 29% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$195,000

Median Single Family Sale Price

$236,000

Average Price Per Sq Ft

$146

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

2.50

Median List Price

$249,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

-29%

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

In Truth Or Consequences, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $109,900 to $599,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Truth Or Consequences is $249,000, while the average sale price is $210,743, offering insights into the local housing market. On average, multi-family homes spend 89 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Truth Or Consequences, NM.

Truth Or Consequences Types of Homes for Sale

More About Living in Truth Or Consequences

Homes in Nearby Counties

Sierra County Homes for Sale

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