Advertise
    Farmington, NM
    Apartment Building

    Farmington, NM Apartment Buildings for Sale

    Notify Me
    List
    Map
    Kirtland, NM Aztec, NM Flora Vista, NM Fruitland, NM Bloomfield, NM La Plata, NM Waterflow, NM Blanco, NM
    Apartment Building with On-Site Restaurant
    Updated: Sep 3
    Apartment Building with On-Site Restaurant

    5915 E MAIN Street, Farmington, NM 87402

    $2,950,000
    1.77 AC lot
    30+ studio units on a 1.772‑acre property
    On‑site restaurant secured by a 5‑year lease
    Includes a single‑family residence, laundry area, and office
    Residential occupancy approximately 75%-80%
    Indicated annualized cap rate approximately 6.67%
    View details
    14-Unit Apartment Building
    Updated: Sep 4
    14-Unit Apartment Building

    301 N ORCHARD Avenue, Farmington, NM 87401

    $925,000
    0.29 AC lot
    14‑unit apartment property
    Approximate 7.37% annualized cap rate based on January–June 2026 financials
    Situated on 0.289 acres
    15 bedrooms and 14 bathrooms
    Natural gas heating and evaporative cooling
    View details
    Villa View 22-Unit Apartment Building
    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.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    100-Unit Apartment Building
    100-Unit Apartment Building

    401 Nelson Ave, Farmington, NM 87401

    Contact for pricing

    Stabilized multifamily property with furnished and unfurnished units, on-site office and storage improvements, and resident laundry equipment.

    View details
    Apartment Building
    Apartment Building

    213 S WAGNER Avenue, Farmington, NM 87401

    Contact for pricing

    Multifamily property with landlord-paid water and sewer service.

    View details
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Farmington, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Apartment Building
    Mixed-Use Apartment Building

    1428 Greene Street, Silverton, CO 81433

    $2,475,000
    12,098 sqft 0.11 AC lot

    The property combines residential apartments with commercial units, shared laundry, and covered parking.

    View details
    Remodeled 27-Unit Apartment Complex
    Remodeled 27-Unit Apartment Complex

    350 E 8th Ave, Durango, CO 81301

    $3,895,000
    9,350 sqft

    Remodeled multifamily property with a new roof and electrical upgrades near downtown Durango.

    View details
    Mixed-Use Multifamily Building
    Mixed-Use Multifamily Building

    1428 Greene Street, Silverton, CO 81433

    $2,475,000
    12,098 sqft

    Mixed-use building with 10 residential units, 3 commercial units, and coin-op laundry, plus covered parking and a partially finished basement.

    View details
    Six-Unit Multifamily with Detached 4-Plex
    Six-Unit Multifamily with Detached 4-Plex

    610 East 3rd Avenue, Durango, CO 81301

    $1,850,000
    5,069 sqft

    Six-unit property features a Victorian main home and a detached 4-plex, with dedicated on-site parking and recent capital improvements.

    View details

    Off-Market Properties in Farmington, NM

    Consider similar Off-Market properties in Farmington, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    812 Vine Ave
    Multifamily properties

    812 Vine Ave, Farmington, NM 87401

    Value Estimation by Request
    View details
    602 Orchard Ave
    Multifamily properties

    602 Orchard Ave, Farmington, NM 87401

    Value Estimation by Request
    View details
    5211 Bloomfield Hwy
    Multifamily properties

    5211 Bloomfield Hwy, Farmington, NM 87401

    Value Estimation by Request
    View details
    760 Valentine Rd
    Multifamily properties

    760 Valentine Rd, Farmington, NM 87401

    Value Estimation by Request
    View details

    Farmington, NM Apartment Buildings Market Trends and Statistics

    Explore 9 apartment buildings for sale in Farmington, NM, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 10,300 square feet of properties for sale, with an estimated market value of $4,925,000.

    Sale prices for two-family homes in Farmington, NM start at $925,000, averaging $1,641,666, and reaching up to $2,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Small apartment buildings 1

    Demographics Overview

    Population 57K
    Population Growth (5Y) +3.2%
    Median Household Income $60,037
    College Educated 27.1%

    High-Yield Neighborhoods for Investment

    Identify Farmington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    87401 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.68%
    Property Tax per SF $50.66 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Juan County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in San Juan County

    Retail

    Property Size Breakdown

    The majority of commercial real estate listings in Farmington fall within the 100,000+ square foot range.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Farmington, NM

    Popular Categories

    Most Searched ZIP Codes in Farmington, NM

    • 87401
    • 87402

    Featured Farmington Real Estate Agencies

    Realmo connects you with licensed Farmington CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    San Juan Realty
    624 East Main Street Farmington, NM 87401
    Phone: 15053274837
    www.sanjuanrealtynm.com
    Keller Williams Farmington
    3030 East Main St., Ste A- 5 Farmington, NM 87402
    Phone: 15052788431
    www.kwfarmingtonnm.com/
    R1 New Mexico Farmington
    206 W. Main Street Farmington, NM 87401
    Phone: 19709466511
    newmexico.r1realestatepros.com/farmington

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!