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    Las Cruces, NM Apartment Buildings for Sale

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    Mesilla, NM Dona Ana, NM Mesquite, NM
    Las Cruces Multifamily Investment Property
    $800,000
    2.71 Acres

    Las Cruces Multifamily Investment Property

    311 Hurt Road, Las Cruces, NM 88007

    Five income-producing units on 2.71 acres in Las Cruces.

    • 5 income‑producing units on 2.71 acres offer a steady revenue stream
    • Fully secured property with rock wall perimeter and single entrance/exit
    • Duplex units feature open floor plans, kitchen appliances, washer/dryer, patio, and backyard porch
    • Solar panels provide energy efficiency
    • Tenants responsible for all utilities (electric, water, cable, gas)
    Updated: Apr 2
    View details
    Renovated Five-Unit Multifamily Complex
    $549,990
    2,600 SF

    Renovated Five-Unit Multifamily Complex

    807 Chaparro St, Las Cruces, NM 88001

    Las Cruces multifamily property with recent renovations and value-add potential.

    • Recently renovated with new paint, mini‑split HVAC systems, flooring, countertops, fixtures, and windows.
    • Located near New Mexico State University (NMSU), the Las Cruces Farmers Market, shopping, dining, and other conveniences.
    • Value‑add opportunity to convert the existing garage into an on‑site laundry facility for additional income.
    • Consists of a five‑unit multi‑family complex: one single‑family residence and four apartment units.
    • Recent landscape overhaul enhances curb appeal and supports tenant retention.
    Updated: Feb 10
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    Roadrunner Parkway Multifamily Development Site
    $1,045,000

    Roadrunner Parkway Multifamily Development Site

    Development site suitable for assisted living or apartments.

    Roadrunner Pkwy, Las Cruces, NM 88012
    View details
    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 3 Active listings in Las Cruces, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    El Paso Multifamily Investment
    $550,000
    0.28 Acres

    El Paso Multifamily Investment

    Ten-unit multifamily property in El Paso's Logan Heights.

    3701 Fred Wilson Avenue, El Paso, TX 79904
    View details
    Anthony, NM Multifamily Opportunity
    $450,000
    2.75 Acres

    Anthony, NM Multifamily Opportunity

    Three apartment buildings, a house, and ample space on 2.75 acres.

    370 E Ohara Road, Anthony, NM 88021
    View details
    Mixed-Use Investment Opportunity in El Paso
    $1,500,000
    1.26 Acres

    Mixed-Use Investment Opportunity in El Paso

    Mixed-use property with residential units, office, and restaurant/bar.

    8735 DYER Street, El Paso, TX 79904
    View details
    El Paso Multifamily Investment Opportunity
    $1,800,000
    125.00 Acres

    El Paso Multifamily Investment Opportunity

    30-unit complex, fully occupied, with on-site management.

    8738 ROBERT Drive, El Paso, TX 79904
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    El Paso Vacant Residential Land
    $95,172
    0.21 Acres

    El Paso Vacant Residential Land

    9,270 sq ft vacant lot in established El Paso neighborhood.

    4936 Titanic Avenue, El Paso, TX 79904
    View details
    Norman Land For Luxury Condos
    $285,000
    0.74 Acres

    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072
    View details
    Buildable Lot for Luxury Condos
    $285,000
    0.74 Acres

    Buildable Lot for Luxury Condos

    0.74 acre buildable lot zoned for low-density apartments.

    801 36th Ave NW, Norman, OK 73072
    View details
    Pahrump Land Investment Opportunity
    Contact for pricing
    0.31 Acres

    Pahrump Land Investment Opportunity

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    2001 Casino Street, Pahrump, NV 89048
    View details

    Off-Market Properties in Las Cruces, NM

    Consider similar Off-Market properties in Las Cruces, 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.

    1404 Montana Ave
    Multifamily properties
    3,275 SF Lot: 0.20 Acres
    Value Estimation by Request

    1404 Montana Ave, Las Cruces, NM 88001

    View details
    2106 College St
    Multifamily properties
    5,995 SF Lot: 0.62 Acres
    Value Estimation by Request

    2106 College St, Las Cruces, NM 88001

    View details
    2250 Locust St
    Multifamily properties
    10,270 SF Lot: 1.03 Acres
    Value Estimation by Request

    2250 Locust St, Las Cruces, NM 88001

    View details
    5906 El Llano Rd
    Multifamily properties
    Lot: 3.29 Acres
    Value Estimation by Request

    5906 El Llano Rd, Las Cruces, NM 88012

    View details
    2432 La Fonda Cir
    Multifamily properties
    4,204 SF Lot: 0.28 Acres
    Value Estimation by Request

    2432 La Fonda Cir, Las Cruces, NM 88001

    View details
    1245 Van Patten Ave
    Multifamily properties
    Lot: 0.24 Acres
    Value Estimation by Request

    1245 Van Patten Ave, Las Cruces, NM 88005

    View details

    Las Cruces, NM Apartment Buildings Investment Opportunities Market Analysis

    Explore 9 apartment buildings for sale in Las Cruces, NM, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,600 square feet of properties for sale, with an estimated market value of $549,990.

    Sale prices for two-family homes in Las Cruces, NM start at $549,990, averaging $549,990, and reaching up to $549,990 — 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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    Property Size Breakdown

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

    Demographics Overview

    Population 159K
    Population Growth (5Y) +10.5%
    Median Household Income $57,444
    College Educated 43.5%

    High-Yield Neighborhoods for Investment

    Identify Las Cruces submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    88001 $550K
    88007 $800K
    88012 $1M

    Taxes & Financing

    Tax Rate (average for all types) 3.37%
    Property Tax per SF $72.66 per sq ft
    Average Loan-to-Value 65.0%

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