New Mexico Apartment buildings for Sale: Buy Apartment Complexes Near You

Updated: Sep 21

12-Unit Apartment Compound

7524 2nd Street NW, Albuquerque, NM 87107

$947,250

6,685 sqft 0.76 AC lot

12 apartments across three buildings
Unit mix includes five studios, six 1‑bedrooms, and one 2‑bedroom
6,685 square feet on a 0.76‑acre lot
Located at 7524 2nd Street NW, across from 2nd Street Lenticular Park
1.5 miles south of Paseo Del Norte, identified as Highway 423

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Updated: Jul 9

Renovated Apartment Building

201 Lincoln Avenue, Grants, NM 87020

$1,100,000

7,090 sqft 0.40 AC lot

10 renovated apartment units with 80% occupancy
7,090 SF apartment property on 0.4 acres
2024 installation of energy‑efficient mini‑split HVAC systems property‑wide
Approximately 600 SF one‑bedroom, one‑bath unit converted from storage space
Additional unit is roughly 75% complete, subject to completion

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Two-Building 8-Unit Apartment Property

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

$1,030,000

6,684 sqft 0.57 AC lot

Occupied two-bedroom residences feature one bathroom, carpeted floors, and central and forced-air heating.

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12-Unit Apartment Compound

7524 2nd St NW, Albuquerque, NM 87107

$947,250

6,685 sqft

Three-building apartment community with varied unit layouts, on-site parking, and a gated residential setting.

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Six-Unit Apartment Property

9238 4th Street NW, Albuquerque, NM 87114

$665,000

3,575 sqft 0.47 AC lot

Two detached buildings offer a varied unit mix with studios, one-bedroom apartments, and a two-bedroom apartment.

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12-Unit Townhome-Style Apartments

808 Ortiz Drive SE, Albuquerque, NM 87108

$1,424,506

9,650 sqft 0.46 AC lot

Apartments include separate gas and electric meters, private outdoor areas, and access-controlled courtyards with landscaping.

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Two Fourplex Apartment Buildings

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

$1,030,000

6,620 sqft 0.41 AC lot

Occupied two-bedroom residences feature central and forced-air heating.

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11-Unit Apartment Property with RV Pads

9607 Central Ave NW, Albuquerque, NM 87121

$1,427,100

60,954 sqft 1.40 AC lot

Six buildings offer a mix of apartment layouts, a detached house, and three RV sites.

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10-Unit Apartment Building

1104 Palomas Drive SE, Albuquerque, NM 87108

$999,565

7,720 sqft 0.56 AC lot

Remodeled multifamily property with patios, appliances, and forced-air heating.

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Three-Story Mixed-Use Building

2325 Cerrillos, Santa Fe, NM 87505

$1,800,000

24,000 sqft 0.59 AC lot

Upper-level apartments operate under low-income housing restrictions, with separate office suites occupying the ground floor.

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21-Unit Apartment Compound

2510/2530 S Espina St, Las Cruces, NM 88001

$1,700,000

63,162 sqft 1.44 AC lot

A mix of studio and larger apartments is arranged around landscaped courtyards on R-3-zoned land.

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Renovated 6-Unit Apartment Building

525 Mesilla Street SE, Albuquerque, NM 87108

$529,650

3,300 sqft 0.16 AC lot

Updated one-bedroom residences offer modern kitchens, tiled showers, and refreshed interior finishes.

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9-Unit Casita Apartment Compound

6720 Cochiti Road SE, Albuquerque, NM 87108

$740,830

4,300 sqft 0.31 AC lot

Residents have access to gated parking, a shared patio, and on-site laundry.

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Eight-Unit Brick Apartment Building

2632 Dakota St NE, Albuquerque, NM 87110

$1,250,000

7,780 sqft

Eight residences span two attached fourplexes, with private outdoor areas, individual carports, and dedicated storage.

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7-Unit Townhome-Style Apartment Building

3505 Lafayette Drive NE, Albuquerque, NM 87107

$950,000

9,100 sqft 0.38 AC lot

Updated two-story residences feature spacious layouts, private utility rooms, and separately metered gas and electric service.

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Apartment Building Near Employment Centers

1325 Wellesley Drive SE, Albuquerque, NM 87106

$4,500,000

28,600 sqft 1.53 AC lot

Kirtland Air Force Base, Sandia National Laboratories, and the Max-Q development are nearby.

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Townhome-Style Apartment Compound

808 Ortiz Dr SE, Albuquerque, NM 87108

$1,424,506

9,650 sqft

Twelve-unit multifamily property with private outdoor areas, separate utility metering, and a mix of renovated interiors.

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52-Unit Apartment Community

2100 Stardust Court, Alamogordo, NM 88310

$4,625,000

30,020 sqft 1.98 AC lot

The property offers studio, one-bedroom, and two-bedroom floor plans, including two units with garages.

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Two-Building Apartment Property

401 & 405 Indiana St SE, Albuquerque, NM 87108

$800,000

6,400 sqft

Eight residences feature two-bedroom layouts, full kitchens, and dedicated laundry hookups within each unit.

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Five-Unit Apartment Property

545 Cardenas Drive SE, Albuquerque, NM 87108

$476,500

3,000 sqft 0.17 AC lot

Vacant multifamily compound with multiple buildings, landscaped grounds, and existing residential fixtures.

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Updated 9-Unit Apartment Compound

6720 Cochiti Rd SE, Albuquerque, NM 87108

$740,830

4,300 sqft

Gated apartment property with remodeled casita-style residences, shared laundry, secured parking, and MX-H zoning.

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Updated 7-Unit Apartment Property

1003-1005 Carlisle Boulevard SE, Albuquerque, NM 87106

$994,495

4,805 sqft 0.18 AC lot

Two parcels combine a fourplex and triplex with private patios and in-unit laundry equipment.

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6-Unit Apartment Building

615 Iron Ave SW, Albuquerque, NM 87102

$1,500,000

6,574 sqft

Five units currently operate as Airbnb rentals.

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Apartment Property with Private Entrances

3226 Rufina Street, Santa Fe, NM 87507

$3,041,053

11,440 sqft 0.88 AC lot

Multifamily property with varied unit layouts, secure corridor access, private entrances, and shared laundry facilities.

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New Mexico Apartment Buildings Market Trends and Statistics

Explore 110 apartment buildings for sale in New Mexico, showcased through 110 active listings on our real estate platform. These investment opportunities span a total of 1,128,625 square feet of properties for sale, with an estimated market value of $159,553,272.

Sale prices for apartment complexes in New Mexico start at $279,000, averaging $1,611,649, and reaching up to $5,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.