New Mexico Apartment buildings for sale

Updated: Aug 10

12-Unit Townhome-Style Apartment Compound

808 Ortiz Drive SE, Albuquerque, NM 87108

$1,424,506

9,650 sqft 0.46 AC lot

12‑unit apartment compound with two‑story, townhome‑style residences
9,650 square feet on 0.46 acres
Unit mix includes two 3‑bedroom, 1.5‑bath and two 2‑bedroom, 1‑bath layouts
Separate gas and electric meters plus individual utility rooms
Secured gated entry, landscaped courtyards, patios, backyards, and detached storage

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Updated: Aug 18

10-Unit Apartment Building

1104 Palomas Drive SE, Albuquerque, NM 87108

$999,565

7,720 sqft 0.56 AC lot

10‑unit property with two‑bedroom, one‑bath residences
Two fourplexes and one duplex on 0.56 acres
7,720 square feet of property size
Updates include soffits, windows, synthetic stucco, lighting, and electrical work
Central forced‑air furnaces; some hot water heaters replaced

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Six-Unit Apartment Building

501-505 Mesilla Street SE, Albuquerque, NM 87108

$560,000

4,248 sqft 0.30 AC lot

Two separately deeded triplexes offer a courtyard-style layout with a varied residential unit mix.

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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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Updated 9-Unit Apartment Building

6720 Cochiti Road SE, Albuquerque, NM 87108

$740,831

4,300 sqft 0.31 AC lot

Nine casita-style residences feature refreshed interiors, controlled access, shared laundry, and gated off-street parking.

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Adobe Multifamily Compound

18 Destierro Trail, Pojoaque, NM 87506

$2,749,000

8,894 sqft 3.84 AC lot

Multiple residences and a separate gathering building create a distinctive adobe property configuration.

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Renovated Apartment Building

201 Lincoln Avenue, Grants, NM 87020

$1,100,000

7,090 sqft 0.40 AC lot

Renovated apartments feature updated finishes, laundry hookups, and access to a secure gated courtyard.

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Remodeled 10-Unit Apartment Property

1104 Palomas Dr, Albuquerque, NM 87108

$999,565

7,720 sqft

The complex combines two fourplexes and a duplex with two-bedroom, one-bathroom units.

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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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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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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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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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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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Six-Unit Apartment Building

501-505 Mesilla St, Albuquerque, NM 87108

$560,000

4,248 sqft

Two triplexes provide a varied unit mix, courtyard-style layout, and multiple recent property improvements.

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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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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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6-Unit Apartment Property

9238 4th St, Albuquerque, NM 87114

$665,000

3,575 sqft 0.48 AC lot

Two separated buildings provide a six-unit multifamily configuration with studios, one-bedroom apartments, and a two-bedroom unit.

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Mid-Century Apartment Building

8600 Zuni Road SE, Albuquerque, NM 87108

$1,594,615

16,020 sqft 1.00 AC lot

One-acre multifamily property with renovated interiors, controlled entry, and shared resident amenities.

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Updated 9-Unit Apartment Compound

6720 Cochiti Rd SE, Albuquerque, NM 87108

$740,831

4,300 sqft

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

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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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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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8-Unit Apartment Community

1508 Edith Boulevard NE, Albuquerque, NM 87102

$1,375,000

5,304 sqft 0.52 AC lot

Mixed-use-zoned rental property with on-site laundry, dedicated outdoor areas, and parking on a private parcel.

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Villa View 22-Unit Apartment Building

905 Walnut Dr, Farmington, NM 87401

$1,050,000

10,300 sqft

Two-story apartment community near Four Corners Regional Airport, downtown Farmington, and the local hospital.

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Renovated 6-Unit Apartment Building

525 Mesilla Street SE, Albuquerque, NM 87108

$535,000

3,300 sqft 0.16 AC lot

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

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New Mexico Apartment Buildings Market Trends and Statistics

Explore 109 apartment buildings for sale in New Mexico, showcased through 109 active listings on our real estate platform. These investment opportunities span a total of 959,758 square feet of properties for sale, with an estimated market value of $153,829,301.

Sale prices for two-family homes in New Mexico start at $279,000, averaging $1,585,869, 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.