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    Albuquerque, NM Santa Fe, NM Las Cruces, NM Roswell, NM Rio Rancho, NM Hobbs, NM Farmington, NM Santa Teresa, NM
    6-Unit Apartment Building
    Updated: Nov 18, 2025
    6-Unit Apartment Building

    506 E May Avenue, Las Cruces, NM 88001

    $600,000/Mo
    Six total units: one 3‑bedroom rental unit and five 1‑bedroom, 1‑bath apartments
    0.39‑acre lot at 506 E May Avenue in Las Cruces, NM
    Forced‑air heating and evaporative cooling
    Stucco construction with a flat tar/gravel roof
    Public water and public sewer
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    Ground-Level Retail Suites
    Updated: Apr 3, 2024
    Ground-Level Retail Suites

    3525 4th St NW, Albuquerque, NM 87107

    Contact for pricing
    2,468 sqft
    Four ground‑level retail suites delivered in shell condition
    Tenant improvement allowance provided for the retail suites
    Patio space available
    Includes 61 apartment units, 21 townhomes, and four live/work units
    On‑site playground and dog park
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 98 Potential Opportunities for your consideration. Besides 2 Active listings in New Mexico, we suggest exploring alternatives. Similar 96 Properties for Sales.

    Similar Spaces for Sale in New Mexico

    Consider Similar Space for Sale. We found 96 Spaces matching your search parameters.

    12-Unit Townhome-Style Apartment Compound
    12-Unit Townhome-Style Apartment Compound

    808 Ortiz Drive SE, Albuquerque, NM 87108

    $1,424,506
    9,650 sqft 0.46 AC lot

    Multifamily compound with separately metered utilities, private outdoor areas, secured access, and a mix of renovated interiors.

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    Updated Nine-Unit Apartment Compound
    Updated Nine-Unit Apartment Compound

    6720 Cochiti Road SE, Albuquerque, NM 87108

    $740,831
    4,300 sqft 0.31 AC lot

    Casita-style apartments feature renovated interiors, gated access, common laundry, patio space, and secured off-street parking.

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    10-Unit Multifamily Building
    10-Unit Multifamily Building

    201 Lincoln Avenue, Grants, NM 87020

    $1,100,000
    7,090 sqft 0.40 AC lot

    Value-add 10-unit multifamily with renovated interiors, 80% occupancy, gated courtyard, and 2024 mini-split HVAC updates.

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    Adobe Apartment Compound with Courtyard
    Adobe Apartment Compound with Courtyard

    18 Destierro Trail, Pojoaque, NM 87506

    $2,749,000
    8,894 sqft 3.84 AC lot

    Six-bedroom adobe hacienda centered on a courtyard with separate three-bedroom residence and circular sanctuary.

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    Two-Story Townhome-Style Apartment Building
    Two-Story Townhome-Style Apartment Building

    3505 Lafayette Drive NE, Albuquerque, NM 87107

    $950,000
    9,100 sqft 0.38 AC lot

    Seven updated two-bedroom apartments feature townhome-style layouts, separate utility rooms, forced central heating, and separate gas and electric metering.

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    Two-Parceled 4-Plex Apartment Portfolio
    Two-Parceled 4-Plex Apartment Portfolio

    309-313 Geraldine Loop SE, Rio Rancho, NM 87124

    $1,030,000
    6,684 sqft 0.57 AC lot

    Portfolio includes two separately parceled 4-plex buildings with eight occupied 2-bedroom, 1-bath units and central forced-air heat.

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    Two-Parceled 4-Plex Portfolio
    Two-Parceled 4-Plex Portfolio

    55-65 Darlene Road SE, Rio Rancho, NM 87124

    $1,030,000
    6,620 sqft 0.41 AC lot

    Two separately parceled 4-plex buildings with eight occupied 2-bedroom, 1-bath units.

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    Soft-Gated Multifamily Community
    Soft-Gated Multifamily Community

    8600 Zuni Road SE, Albuquerque, NM 87108

    $1,793,434
    16,020 sqft 1.00 AC lot

    1960-built brick-veneer multifamily with thermal windows, updated fixtures, fresh paint, and luxury vinyl plank flooring.

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    Apartment Building with Private Entrances
    Apartment Building with Private Entrances

    3226 Rufina Street, Santa Fe, NM 87507

    $3,041,053
    11,440 sqft 0.88 AC lot

    1984 frame and stucco apartment building with private entrances, secure double loaded corridor lower units, and a common laundry room.

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    Mixed-Use Arts Hospitality Building
    Mixed-Use Arts Hospitality Building

    4 N Chamisa Dr, Santa Fe, NM 87508

    $1,599,000
    4,815 sqft 2.32 AC lot

    Extensively renovated building with a front gallery/event space, apartments, and private art studios.

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    Energy-Efficient Apartment Complex
    Energy-Efficient Apartment Complex

    2104 Lead Avenue SE, Albuquerque, NM 87106

    $619,887
    2,670 sqft 0.16 AC lot

    Apartment complex with six studios in a three-story building and two one-bedroom units in a single-story duplex.

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    Seven-Unit Apartment Compound
    Seven-Unit Apartment Compound

    1003-1005 Carlisle Boulevard SE, Albuquerque, NM 87106

    $1,008,490
    4,805 sqft 0.18 AC lot

    Seven updated apartments arranged as a four-plex and tri-plex, with in-unit washer/dryers and patio spaces.

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    13-Unit Apartment Building
    13-Unit Apartment Building

    609 Mesilla St Se, Albuquerque, NM 87108

    $1,144,491
    6,896 sqft

    One- and two-bedroom units serve a tenant base that includes housing voucher participants.

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    Apartment Building with Detached Casitas
    Apartment Building with Detached Casitas

    807 8th Street NW, Albuquerque, NM 87102

    $990,000
    3,201 sqft 0.20 AC lot

    Apartment building with forced-air heat and tile floors, offering three buildings plus two detached casita-style properties.

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    Santa Fe Multifamily Investment Property
    Santa Fe Multifamily Investment Property

    3120 Jemez Road, Santa Fe, NM 87507

    $809,000
    3,436 sqft 0.27 AC lot

    Fully occupied 5-plex with long-term tenants in Santa Fe.

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    Three-Building Historic Apartment Building
    Three-Building Historic Apartment Building

    303 Eaton Avenue, Socorro, NM 87801

    $450,000
    4,023 sqft 1.06 AC lot

    Three buildings offer up to seven possible units within a National Register historic property.

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    Mixed-Use Office and Apartments
    Mixed-Use Office and Apartments

    2325 Cerrillos, Santa Fe, NM 87505

    $1,900,000
    24,000 sqft

    Three-story building with 24 apartments above and ground-floor office spaces currently available for lease.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    415 Vassar Dr Se, Albuquerque, NM 87106

    $600,000
    2,940 sqft

    Gated multifamily property with detached garages and shared laundry facilities.

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    Apartment Building with Fireplace
    Apartment Building with Fireplace

    1901 Arroyo De Las Cruces, Santa Fe, NM 87505

    $1,300,000
    4,735 sqft 0.46 AC lot

    Apartment building with a seven-unit mix, interior steps, and public water and sewer services in Santa Fe.

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    6-Plex Apartment Building with Separate Metering
    6-Plex Apartment Building with Separate Metering

    426 Towner Avenue NW, Albuquerque, NM 87102

    $565,000
    3,191 sqft 0.24 AC lot

    Six units across two structures with private entries and separate gas and electric meters for each unit.

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    New Multifamily Apartment Complex
    New Multifamily Apartment Complex

    920 Shoofly Street, Santa Fe, NM 87505

    $5,450,000
    15,995 sqft 0.65 AC lot

    Newly built complex features 18 one- and two-bedroom apartments completed in 2023.

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    Multifamily Portfolio with Central Laundry Room
    Multifamily Portfolio with Central Laundry Room

    3601 Wellesley Drive NE, Albuquerque, NM 87107

    $3,015,000
    14,266 sqft 0.78 AC lot

    Portfolio includes two studio, thirteen one-bedroom, and six two-bedroom units with a central laundry room for residents.

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    New Mexico Apartment buildings Market Trends and Statistics

    Explore Apartment buildings leasing options in New Mexico with 2 listings featured on our commercial real estate exchange. The current inventory includes 2,468 square feet of properties with an estimated lease value of $600,000.

    Estimated lease rates for Apartment buildings in New Mexico average $600,000/Mo.
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