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    Las Cruces, NM 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
    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 1 Active listings in Las Cruces, NM, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 16 Properties for Sales.

    Explore Multifamily properties for Lease in Nearby Cities

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

    Prime Tucson Land for Lease
    Contact for pricing
    66,227 SF

    Prime Tucson Land for Lease

    66,227 SF Tucson land for lease with high traffic.

    75 North Wilmot Rd, Tucson, AZ 85711
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    Furnished Condo with Mountain Views
    Contact for pricing

    Furnished Condo with Mountain Views

    Furnished 3-bedroom condo in Boulders at La Reserve, Tucson.

    1500 E Pusch Wilderness Dr, Tucson, AZ 85737
    View details
    Manufactured Home Lots For Lease
    $650 / Mo
    3,877 SF

    Manufactured Home Lots For Lease

    Manufactured home lots available for lease in Odessa, Texas.

    Odessa, TX 79764
    View details
    RV Park with Interstate Access
    Contact for pricing

    RV Park with Interstate Access

    50-space RV park with I-20 access in West Texas.

    16501 W I H 20, Odessa, TX
    View details

    Explore Similar Spaces for Sale in Las Cruces, NM

    Consider Similar Space for Sale. We found 16 Spaces in Nearby Locations matching your search parameters.

    Well-Maintained 7-Unit Complex
    $478,350
    0.47 Acres

    Well-Maintained 7-Unit Complex

    Impeccably maintained 7-unit complex near downtown Las Cruces.

    1040 N Mesilla St, Las Cruces, NM 88005
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    Remodeled Duplex in Las Cruces
    $450,000
    0.19 Acres

    Remodeled Duplex in Las Cruces

    Completely remodeled duplex, ideal for investors or owner-occupants.

    1212 Brownlee Ave, Las Cruces, NM 88005
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    Las Cruces Multifamily Investment Opportunity
    $410,000
    0.27 Acres

    Las Cruces Multifamily Investment Opportunity

    Four units near Mayfield High School, fully occupied, great investment.

    1901 Embassy Dr, Las Cruces, NM 88005
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    Las Cruces Multifamily Opportunity
    $485,000
    0.86 Acres

    Las Cruces Multifamily Opportunity

    Three structures on 0.86 acres near Old Mesilla.

    651 Watson Ln, Las Cruces, NM 88005
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    Las Cruces Multifamily Investment Property
    $549,990
    2,782 SF

    Las Cruces Multifamily Investment Property

    Five-unit complex near NMSU with recent renovations and upside potential.

    807 Chaparro St, Las Cruces, NM 88001
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    Las Cruces Multi-Unit Investment
    $299,000
    0.21 Acres

    Las Cruces Multi-Unit Investment

    Multi-unit property with income potential in Las Cruces, NM.

    439 N Alameda Blvd, Las Cruces, NM 88005
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    Mesquite Historic District Income Property
    $259,900
    1,050 SF

    Mesquite Historic District Income Property

    Two homes near Downtown Las Cruces with income potential.

    306 S San Pedro St, Las Cruces, NM 88001
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    Las Cruces Triplex Investment
    $230,000
    0.17 Acres

    Las Cruces Triplex Investment

    Triplex with three 1-bedroom units and detached garage.

    1145 N Main St, Las Cruces, NM 88005
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    Mesilla Park Acreage with Mobile Homes
    $179,900
    1.22 Acres

    Mesilla Park Acreage with Mobile Homes

    1.22 acre property with two mobile homes in Mesilla Park.

    1367 Missionary Rdg Rd, Mesilla Park, NM 88047
    View details
    New Duplex - Investment Opportunity
    $350,000
    0.12 Acres

    New Duplex - Investment Opportunity

    New construction duplex in Las Cruces, great for investors.

    California Ave, Las Cruces, NM 88001
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    Mixed-Use Property with Residential Units
    $450,000

    Mixed-Use Property with Residential Units

    Multi-tenant property with commercial and residential spaces, parking, courtyard.

    4001 W Picacho Ave, Las Cruces, NM 88007
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    Las Cruces Multifamily Land Investment
    $250,000
    3.29 Acres

    Las Cruces Multifamily Land Investment

    3.29 Acres, R2 Zoning, Prime Location

    5906 El Llano Rd, Las Cruces, NM 88012
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    Las Cruces Commercial Land - 36 Acres
    $1,254,000
    36.00 Acres

    Las Cruces Commercial Land - 36 Acres

    Prime 36-acre development site, mixed-use potential.

    1201 Fort Selden Rd, Las Cruces, NM 88007
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    Las Cruces Multifamily Land Investment
    $69,000
    0.24 Acres

    Las Cruces Multifamily Land Investment

    0.24-Acre R2 Zoned Lot, Great Potential

    1245 Van Patten Ave, Las Cruces, NM 88005
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    Las Cruces Multifamily Land Investment
    $1,045,000
    6.07 Acres

    Las Cruces Multifamily Land Investment

    6-Acre Tract, Prime Location, $1.045M

    0 Roadrunner Pkwy, Las Cruces, NM 88012
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    Las Cruces Development Land Opportunity
    $1,176,555
    7.40 Acres

    Las Cruces Development Land Opportunity

    7.4 Acres, PUD Zoning, Prime Location

    0 Morning Star Dr, Las Cruces, NM 88011
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    Las Cruces, NM Multifamily properties Leasing Opportunities Market Analysis

    Explore Multifamily properties leasing options in Las Cruces, NM with 17 listings featured on our commercial real estate exchange. The current inventory includes 740,014,721 square feet of properties with an estimated lease value of $0.00 SF/Yr.

    Estimated lease rates for Multifamily properties in Las Cruces, NM begin at $0.00 SF/Yr, with an average of $0.00 SF/Yr and extend to $0.00 SF/Yr.
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    Most Searched ZIP Codes in Las Cruces, NM

    • 88001
    • 88012
    • 88007
    • 88011
    • 88005

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