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    New Mexico Multifamily Properties for Lease

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    Downtown Las Cruces Mixed-Use Property
    $600,000
    16,988 SF

    Downtown Las Cruces Mixed-Use Property

    506 E May Ave, Las Cruces, NM 88001

    Remodeled mixed-use property in revitalized downtown Las Cruces.

    • Prime downtown Las Cruces location with high foot traffic, near restaurants, breweries, and boutiques.
    • Newly remodeled mixed‑use property with strong income potential.
    • Six rental units: one 3‑bedroom and five 1‑bedroom apartments.
    • High‑demand, low‑vacancy rental units.
    • Value‑add potential through improvements or short‑term rentals.
    Updated: Nov 19, 2025
    View details
    Gated Studio Apartment Available Now
    $750 / Mo
    400 SF

    Gated Studio Apartment Available Now

    221 Maple St NE, Albuquerque, NM 87106

    Studio apartment with all utilities included, available for rent now.

    • All utilities included in rent.
    • Gated community.
    • Available now for immediate move‑in.
    • Studio apartment layout.
    • One bathroom.
    Updated: Aug 26, 2025
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    Affordable Multifamily Asset For Rent
    Contact for pricing
    25,812 SF

    Affordable Multifamily Asset For Rent

    60-unit Roswell, New Mexico multifamily asset with HAP contract.

    1515 S Sunset Ave, Roswell, NM 88203
    View details
    Based on your search, we've compiled 205 Potential Opportunities for your consideration. Besides 3 Active listings in New Mexico, we suggest exploring alternatives. Similar 202 Properties for Sales.

    Explore Similar Spaces for Sale in New Mexico

    Consider Similar Space for Sale. We found 202 Spaces in Nearby Locations matching your search parameters.

    Two Homes on Large Lot
    $58,000
    1,279 SF

    Two Homes on Large Lot

    Two homes on two parcels, close to parks and shopping.

    1204 Bratton St, Grants, NM 87020
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    Turnkey Tri-Plex in Huning Highland
    $590,000
    1,372 SF

    Turnkey Tri-Plex in Huning Highland

    Well-maintained triplex with income potential near Downtown, UNM, Nob Hill.

    508 Walter St SE, Albuquerque, NM 87102
    View details
    Southwestern Adobe Home with Casita
    Pending
    $375,000
    1.99 Acres

    Southwestern Adobe Home with Casita

    Charming Southwestern adobe home and casita on 1.99 acres.

    11200 Windflyer Ln, Las Cruces, NM 88007
    View details
    Las Cruces Triplex Investment Opportunity
    Pending
    $234,000
    0.39 Acres

    Las Cruces Triplex Investment Opportunity

    Triplex near NMSU with development potential and income generation.

    1140 S Mesquite St, Las Cruces, NM 88001
    View details
    Modern Albuquerque Multifamily Investment
    $1,600,000
    6,148 SF

    Modern Albuquerque Multifamily Investment

    Newer 6-unit building, strong income potential, and immediate cash flow.

    615 Iron Ave SW, Albuquerque, NM 87102
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    Grants, NM Duplex For Sale
    $118,655

    Grants, NM Duplex For Sale

    Duplex in Grants, NM with separate meters and hardwood floors.

    918 E High St, Grants, NM 87020
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    Updated Multifamily Compound in Albuquerque
    $1,060,000
    4,805 SF

    Updated Multifamily Compound in Albuquerque

    Revitalized 7-unit property near UNM, CNM, and Kirtland AFB.

    1003-1005 Carlisle Blvd SE, Albuquerque, NM 87106
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    Nob Hill Home with ADU
    $539,000
    2,325 SF

    Nob Hill Home with ADU

    Charming, updated Nob Hill home with additional dwelling unit.

    211 Amherst Dr SE, Albuquerque, NM 87106
    View details
    Santa Fe Multi-Family Stunner
    Pending
    $1,190,000
    2,764 SF

    Santa Fe Multi-Family Stunner

    Spacious Santa Fe property with multiple residences and modern amenities.

    23 Senda Corvo, Santa Fe, NM 87507
    View details
    Renovated Duplex in Historic District
    $399,000
    1,528 SF

    Renovated Duplex in Historic District

    Charming, renovated duplex near Presbyterian Hospital and UNM Main Campus.

    520 Iron Ave SE, Albuquerque, NM 87102
    View details
    New Duplex in Rio Rancho
    $589,990
    2,528 SF

    New Duplex in Rio Rancho

    New construction duplex perfect for investment or multi-generational living.

    388 Pecos Loop SE, Rio Rancho, NM 87124
    View details
    Santa Fe Multifamily Investment Property
    $990,000
    0.40 Acres

    Santa Fe Multifamily Investment Property

    Multifamily property on 0.4 acres with main house and casitas.

    2374 Camino Meliton, Santa Fe, NM 87507
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    Tucumcari Multifamily Investment Opportunity
    $985,000
    15,964 SF

    Tucumcari Multifamily Investment Opportunity

    Turnkey 10-unit complex near hospital, shopping, and restaurants.

    415 E Washington St, Tucumcari, NM 88401
    View details
    Santa Fe Multifamily Property
    $990,000
    4,474 SF

    Santa Fe Multifamily Property

    Multifamily property with main residence and two casitas on 0.4 acres.

    2374 Camino Meliton, Santa Fe, NM 87507
    View details
    New Rio Rancho Duplex Investment
    $579,435
    2,520 SF

    New Rio Rancho Duplex Investment

    New construction duplex perfect for rental income or multi-generational living.

    392 Pecos Loop SE, Rio Rancho, NM 87124
    View details
    Albuquerque Duplex with Upside
    $315,000
    1,283 SF

    Albuquerque Duplex with Upside

    Well-located duplex with updated interiors and potential for third unit.

    3534 Vail Ave SE, Albuquerque, NM 87106
    View details
    Old Town Albuquerque Adobe Homes
    $619,900
    1,613 SF

    Old Town Albuquerque Adobe Homes

    Two restored adobe homes with income potential in Old Town.

    1913 Lomas Blvd NW, Albuquerque, NM 87104
    View details
    Taos Investment Opportunity with Income
    $996,000
    2,630 SF

    Taos Investment Opportunity with Income

    Unique property in Ranchos de Taos with multiple rental units.

    176 Maestas Rd, Ranchos de Taos, NM 87557
    View details
    Taos Multifamily Investment Opportunity
    $996,000
    1.89 Acres

    Taos Multifamily Investment Opportunity

    Unique property with four units, rental income, and mountain views.

    176 Maestas Rd, Ranchos de Taos, NM 87557
    View details
    Red River Multi-Income Commercial Property
    $2,500,000

    Red River Multi-Income Commercial Property

    8,100 sq ft commercial property with four income opportunities.

    325 Main St W, Red River, NM 87558
    View details
    Updated Duplex in Espanola
    $489,000
    2,322 SF

    Updated Duplex in Espanola

    Remodeled duplex with new kitchens, baths, roof, and sewer.

    1891 Canada Ct, Espanola, NM 87532
    View details

    New Mexico Multifamily properties Leasing Opportunities Market Analysis

    Explore Multifamily properties leasing options in New Mexico with 205 listings featured on our commercial real estate exchange. The current inventory includes 17,424,000 square feet of properties with an estimated lease value of $22 SF/Yr.

    Estimated lease rates for Multifamily properties in New Mexico begin at $22 SF/Yr, with an average of $22 SF/Yr and extend to $22 SF/Yr.
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