Bernalillo County, NM Apartment Buildings for Sale

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Albuquerque, NM Santa Fe, NM Las Cruces, NM Farmington, NM Rio Rancho, NM Deming, NM Belen, NM Taos, NM

52 properties

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Updated: May 13

Two-Story Townhome-Style Apartment Building

3505 Lafayette Drive NE, Albuquerque, NM 87107

$950,000

9,100 sqft 0.38 AC lot

7 updated two‑bedroom, 1.5‑bath townhome‑style apartments
Forced central heating plus woodburning stoves
Separate large utility rooms with washer/dryer hookups (and washer/dryer in some units)
Separately metered gas and electric for each apartment
4 of 7 apartments have refrigerated air

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3505 Lafayette Drive NE, Albuquerque, NM 87107

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Est. Cap Rate

8.1%
Above avg (5.9%)
Est. NOI

$77K
Annual
Mortgage

$690K
Mar 2020
Property Type

Residential Income
Built 1978

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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 spanning 9,650 square feet on 0.46 acres
Unit mix includes two 3‑bedroom/1.5‑bath apartments and two 2‑bedroom/1‑bath apartments at 812 Ortiz
Two‑story townhome‑style layouts at 804 and 808 Ortiz with private patios and backyard areas
Separately metered gas and electric service, plus individual utility rooms with full‑size washers and dryers
Secured, gated access with landscaped courtyards, balconies, patios, and detached storage closets

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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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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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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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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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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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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

807 8th Street NW, Albuquerque, NM 87102

$899,900

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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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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6-Unit Apartment Building

616 & 618 Mesilla Street Se, Albuquerque, NM 87108

$444,272

2,218 sqft

Multifamily property with studio and two-bedroom residences, including units supported by housing voucher programs.

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Multifamily Apartment Portfolio

3601 Wellesley Drive NE, Albuquerque, NM 87107

$3,015,000

14,266 sqft 0.78 AC lot

Apartment portfolio with resident laundry facilities and a balanced mix of studio, one-bedroom, and two-bedroom units.

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Six-Unit Apartment Building

9238 4th Street NW, Albuquerque, NM 87114

$665,000

0.47 AC lot

Two separate buildings provide varied layouts, including furnished studios with documented short-term rental history.

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Renovated 6-Unit Apartment Building

1-6-525 Mesilla St Se, Albuquerque, NM 87108

$544,500

3,300 sqft

Fully occupied multifamily property with refreshed interiors, modernized systems, and centralized gas tankless water heating.

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Stucco Apartment Building

433 Mesilla & 437 (4 lots) Street SE, Albuquerque, NM 87108

$2,323,232

14,688 sqft 0.60 AC lot

Apartment building on four lots with stucco exterior, tile and vinyl floors, and a refrigerator included.

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6-Unit Apartment Building

615 Iron Avenue SW, Albuquerque, NM 87102

$1,500,000

6,574 sqft 0.16 AC lot

Newer 6-unit apartment building built in 2023, currently operated as short-term rentals with ductless cooling.

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Retail Building and Condominium Property

9368 Valley View Drive NW, Albuquerque, NM 87114

$5,500,000

5,046 sqft

High-traffic corridor retail space leased to Anytime Fitness, paired with 13 two-bedroom, 2.5-bath condominium units behind.

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Multifamily Investment in Albuquerque

313-315 Iron Ave. SW, Albuquerque, NM 87102

$1,000,000

5,603 sqft

5,603 SF building with 9 units and 100% occupancy.

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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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Updated 32-Unit Apartment Complex

433 Mesilla SE, Albuquerque, NM 87108

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14,660 sqft

Recently renovated multi-family complex with 32 mostly one-bedroom units across two buildings on four parcels.

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Spacious Updated Townhome-Style Apartments

3505-09 Lafayette NE, Albuquerque, NM 87107

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9,100 sqft

Seven updated townhome-style apartments in a convenient Albuquerque location.

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Updated Apartment Community with Laundry

8600 Zuni SE, Albuquerque, NM 87108

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15,325 sqft

Twenty-five updated units with secure shared outdoor space and an on-site community laundry room.

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University Area Apartment Eightplex

2104 Lead SE, Albuquerque, NM 87106

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2,670 sqft

Eight units mix studios and one-bedroom apartments with updates for energy efficiency and parking by each entry.

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Fully Stabilized Furnished Multifamily

511 Spruce Street Southeast, Albuquerque, NM 87106

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3,749 sqft

Fully occupied multifamily with furnished units and renovations including new roofs, HVAC, appliances, and updated interiors.

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Bernalillo County, NM Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Bernalillo County, NM, showcased through 52 active listings on our real estate platform. These investment opportunities span a total of 312,486 square feet of properties for sale, with an estimated market value of $26,154,124.

Sale prices for two-family homes in Bernalillo County, NM start at $444,272, averaging $1,376,532, 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.

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