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    Las Cruces, NM Apartment Buildings for Sale

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    Mesilla, NM La Mesa, NM Dona Ana, NM Mesquite, NM Vado, NM Radium Springs, NM Berino, NM Anthony, NM
    Las Cruces Multifamily Investment Property
    Updated: Apr 2
    Las Cruces Multifamily Investment Property

    311 Hurt Road, Las Cruces, NM 88007

    $800,000
    2.71 AC lot
    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)
    View details
    Roadrunner Parkway Multifamily Development Site
    Updated: Jun 22, 2020
    Roadrunner Parkway Multifamily Development Site

    Roadrunner Pkwy, Las Cruces, NM 88012

    $1,045,000
    Direct frontage and access off Roadrunner Parkway.
    Suitable for assisted living facility or apartment complex.
    Neighbors include assisted living facilities.
    Neighbors include day cares.
    Neighbors include apartment complexes.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 2 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.

    Eight-Unit Income Multifamily Property
    Eight-Unit Income Multifamily Property

    925 Vinton Avenue, Canutillo, TX 79835

    $1,500,000
    2,604 sqft 3.90 AC lot

    Eight-unit multifamily with 3.9 acres and detached garage, currently producing about $93,000 gross annual rent.

    View details
    Anthony, NM Multifamily Opportunity
    Anthony, NM Multifamily Opportunity

    370 E Ohara Road, Anthony, NM 88021

    $450,000
    2.75 AC lot

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

    View details
    Brand-New Duplex-Style Multifamily
    Brand-New Duplex-Style Multifamily

    6002 1/2 PAM MCCALL Lane, El Paso, TX 79924

    $850,000
    0.28 AC lot

    New 6-unit complex planned for July 2026 with individually metered utilities and tenant in-unit laundry provisions.

    View details
    New 6-Unit Multifamily Property
    New 6-Unit Multifamily Property

    6002 1/2 Pam Mccall Dr, El Paso, TX 79924

    $850,000

    New construction 6-unit multifamily complex planned for July 2026, featuring refrigerated air, private laundry rooms, and 12 parking spaces.

    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.

    Commercial Buildable Land Parcel
    Commercial Buildable Land Parcel

    801 NW 36th Avenue, Norman, OK 73072

    $250,000
    0.74 AC lot

    Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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    Buildable Lot for Luxury Condos
    Buildable Lot for Luxury Condos

    801 36th Ave NW, Norman, OK 73072

    $285,000
    0.74 AC lot

    0.74 acre buildable lot zoned for low-density apartments.

    View details
    Pahrump Land Investment Opportunity
    Pahrump Land Investment Opportunity

    2001 Casino Street, Pahrump, NV 89048

    Contact for pricing
    0.31 AC lot

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

    View details
    San Jacinto Land with Utilities
    San Jacinto Land with Utilities

    Rosario, San Jacinto, CA 92583

    $155,000
    0.33 AC lot

    Unique lot with utilities available for multiple residential uses.

    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

    1404 Montana Ave, Las Cruces, NM 88001

    Value Estimation by Request
    3,275 sqft 0.20 AC lot
    View details
    2106 College St
    Multifamily properties

    2106 College St, Las Cruces, NM 88001

    Value Estimation by Request
    5,995 sqft 0.62 AC lot
    View details
    2250 Locust St
    Multifamily properties

    2250 Locust St, Las Cruces, NM 88001

    Value Estimation by Request
    10,270 sqft 1.03 AC lot
    View details
    5906 El Llano Rd
    Multifamily properties

    5906 El Llano Rd, Las Cruces, NM 88012

    Value Estimation by Request
    3.29 AC lot
    View details
    2432 La Fonda Cir
    Multifamily properties

    2432 La Fonda Cir, Las Cruces, NM 88001

    Value Estimation by Request
    4,204 sqft 0.28 AC lot
    View details
    1245 Van Patten Ave
    Multifamily properties

    1245 Van Patten Ave, Las Cruces, NM 88005

    Value Estimation by Request
    0.24 AC lot
    View details

    Las Cruces, NM Apartment Buildings Market Trends and Statistics

    Explore 8 apartment buildings for sale in Las Cruces, NM on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,845,000.

    Sale prices for two-family homes in Las Cruces, NM start at $800,000, averaging $922,500, and reaching up to $1,045,000 — 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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    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 average 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 SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Dona Ana County

    New Delisted

    Property Size Breakdown

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

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    Most Searched ZIP Codes in Las Cruces, NM

    • 88007
    • 88012

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