Sandoval County, NM Apartment Buildings for Sale

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

36 properties

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Updated: Feb 16

Mixed-Use Property with Storefront

315 Rio Grande Boulevard NW, Albuquerque, NM 87104

$560,000

3,495 sqft 0.22 AC lot

1930‑built property with block, frame, and stucco construction and concrete flooring
Rio Grande Blvd‑facing commercial storefront building with a private exterior entry 2nd‑floor studio apt.
Separate duplex building with one 2‑bed/1‑bath unit and one studio/1‑bath unit.
Private 2‑bed/1‑bath casita at the back of the lot.
Almost a quarter‑acre lot in Old Town, with proximity to Old Town Plaza.

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This listing looks promising.

Here's a quick look at some key insights for

315 Rio Grande Boulevard NW, Albuquerque, NM 87104

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Est. Cap Rate

9%
Above avg (5.9%)
Est. NOI

$50K
Annual
Price @ 7% Cap

$718K
Above asking
Property Type

Apartments (Generic)
Built 1930

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Updated: Jun 29

Nine-Unit Multifamily Property

6720 Cochiti Road SE, Albuquerque, NM 87108

$579,000

4,300 sqft 0.31 AC lot

Nine‑unit multifamily property near Albuquerque’s historic State Fair / EXPO NM
About 400 feet due south of the center of the current State Fair grounds
Construction materials include block, frame, and stucco
Tile flooring
Year built: 1950

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Albuquerque Multifamily Investment Opportunity

3505 Lafayette Drive NE, Albuquerque, NM 87107

$950,000

9,100 sqft 0.38 AC lot

Seven updated townhome-style apartments with condo conversion potential.

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Multi-Family 8-Unit Portfolio

309-313 Geraldine Loop SE, Rio Rancho, NM 87124

$1,030,000

6,684 sqft 0.57 AC lot

Two separately parceled 4-plex buildings totaling eight 2-bedroom, 1-bath units are offered for sale together.

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Updated 32-Unit Apartment Complex

433 Mesilla SE, Albuquerque, NM 87108

$2,323,232

14,660 sqft

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

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Two-Plex 8-Unit Apartment Portfolio

55-65 Darlene Road SE, Rio Rancho, NM 87124

$1,030,000

6,620 sqft 0.41 AC lot

For sale: two separately parceled 4-plex buildings totaling eight 2-bedroom, 1-bath units.

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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

Well-maintained apartments with modern upgrades, secured outdoor areas, and a large community laundry room with free machines.

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Updated 7-Unit Apartment Compound

1003-1005 Carlisle Boulevard SE, Albuquerque, NM 87106

$1,008,490

4,805 sqft 0.18 AC lot

For sale includes a four-plex and tri-plex packaged on two parcels at 1003–1005 Carlisle Boulevard SE.

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Spacious Updated Townhome-Style Apartments

3505-09 Lafayette NE, Albuquerque, NM 87107

$950,000

9,100 sqft

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

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UNM Area Apartment Complex

2104 Lead Avenue SE, Albuquerque, NM 87106

$619,887

2,670 sqft 0.16 AC lot

Eight-unit apartment complex near UNM, CNM, and Presbyterian Hospital.

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Three-Building Multifamily Property

807 8th Street NW, Albuquerque, NM 87102

$990,000

3,201 sqft 0.20 AC lot

Three buildings with 13 parking spaces and separately metered gas/electric for multiple units.

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Updated Apartment Community with Laundry

8600 Zuni SE, Albuquerque, NM 87108

$1,793,434

15,325 sqft

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

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Turnkey 6-Plex in Albuquerque

426 Towner Avenue NW, Albuquerque, NM 87102

$565,000

3,191 sqft 0.24 AC lot

Fully occupied 6-plex with low vacancy and high demand.

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University Area Apartment Eightplex

2104 Lead SE, Albuquerque, NM 87106

$619,887

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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Albuquerque Multifamily Investment Opportunity

3601 Wellesley Drive NE, Albuquerque, NM 87107

$3,015,000

14,266 sqft 0.78 AC lot

Multifamily portfolio in Albuquerque with investment upside.

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Multifamily Apartment Community

419 Monroe Street NE, Albuquerque, NM 87108

$5,317,173

33,000 sqft 1.23 AC lot

Apartment community in Albuquerque with documented income metrics and access to nearby schools and the Nob Hill dining area.

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Fully Stabilized Furnished Multifamily

511 Spruce Street Southeast, Albuquerque, NM 87106

$850,000

3,749 sqft

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

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Multi-Family Apartment Building

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

$2,323,232

14,688 sqft 0.60 AC lot

For sale multi-family property featuring two apartment addresses on four lots totaling 14,688 square feet.

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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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Albuquerque Development Site with Plans

6525 COCHITI Road SE, Albuquerque, NM 87108

$399,900

0.65 AC lot

Development site with approved 24-unit apartment plans. Owner financing available.

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Multifamily Property with Strong Upside

1225, 1237 Menaul Blvd NW, Albuquerque, NM, USA, Albuquerque, NM 87107

$1,125,000

6,800 sqft

Fully occupied multifamily property with renovated units and rent upside.

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Modern Albuquerque Multifamily Investment Opportunity

615 Iron Avenue SW, Albuquerque, NM 87102

$1,500,000

6,574 sqft 0.16 AC lot

Newer 6-unit building, strong income potential, successful Airbnb rentals.

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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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Albuquerque Multifamily Investment Opportunity

1200 Ortiz Drive SE, Albuquerque, NM 87108

$3,965,358

25,632 sqft 0.31 AC lot

Updated apartments with development potential in Albuquerque, New Mexico.

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Sandoval County, NM Apartment Buildings Market Trends and Statistics

Explore 36 apartment buildings for sale in Sandoval County, NM, showcased through 36 active listings on our real estate platform. These investment opportunities span a total of 277,322 square feet of properties for sale, with an estimated market value of $49,033,127.

Sale prices for two-family homes in Sandoval County, NM start at $560,000, averaging $1,885,889, 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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