New Mexico Multifamily properties for sale

Updated: Sep 21

12-Unit Apartment Compound

7524 2nd Street NW, Albuquerque, NM 87107

$947,250

6,685 sqft 0.76 AC lot

12 apartments across three buildings
Unit mix includes five studios, six 1‑bedrooms, and one 2‑bedroom
6,685 square feet on a 0.76‑acre lot
Located at 7524 2nd Street NW, across from 2nd Street Lenticular Park
1.5 miles south of Paseo Del Norte, identified as Highway 423

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Updated: Aug 10

12-Unit Townhome-Style Apartment Compound

808 Ortiz Drive SE, Albuquerque, NM 87108

$1,424,506

9,650 sqft 0.46 AC lot

12‑unit apartment compound with two‑story, townhome‑style residences
9,650 square feet on 0.46 acres
Unit mix includes two 3‑bedroom, 1.5‑bath and two 2‑bedroom, 1‑bath layouts
Separate gas and electric meters plus individual utility rooms
Secured gated entry, landscaped courtyards, patios, backyards, and detached storage

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8-Unit Apartment Building with Patios

3434-3438 Thaxton Avenue SE, Albuquerque, NM 87106

$1,069,900

6,120 sqft 0.16 AC lot

Each residence offers a two-bedroom, one-bathroom plan, in-unit laundry, and private outdoor space.

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12-Unit Apartment Compound

7524 2nd St NW, Albuquerque, NM 87107

$947,250

6,685 sqft

Three-building apartment community with varied unit layouts, on-site parking, and a gated residential setting.

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10-Unit Apartment Building

1104 Palomas Drive SE, Albuquerque, NM 87108

$999,565

7,720 sqft 0.56 AC lot

Remodeled multifamily property with patios, appliances, and forced-air heating.

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Six-Unit Apartment Building

501-505 Mesilla Street SE, Albuquerque, NM 87108

$560,000

4,248 sqft 0.30 AC lot

Two separately deeded triplexes offer a courtyard-style layout with a varied residential unit mix.

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Updated 9-Unit Apartment Building

6720 Cochiti Road SE, Albuquerque, NM 87108

$740,831

4,300 sqft 0.31 AC lot

Nine casita-style residences feature refreshed interiors, controlled access, shared laundry, and gated off-street parking.

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11-Unit Apartment Property with RV Pads

9607 Central Ave NW, Albuquerque, NM 87121

$1,427,100

60,954 sqft 1.40 AC lot

Six buildings offer a mix of apartment layouts, a detached house, and three RV sites.

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Multibuilding Multifamily Compound

18 Destierro Trail, Santa Fe, NM 87506

$2,749,000

8,894 sqft 3.84 AC lot

The property combines a six-bedroom hacienda, a separate residence, and a circular adobe sanctuary with gathering and support spaces.

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Renovated Apartment Building

201 Lincoln Avenue, Grants, NM 87020

$1,100,000

7,090 sqft 0.40 AC lot

Renovated apartments feature updated finishes, laundry hookups, and access to a secure gated courtyard.

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Updated 8-Unit Apartment Building

3434-3438 Thaxton Ave SE, Albuquerque, NM 87106

$1,069,900

6,120 sqft

Residents have in-unit laundry, private outdoor areas, and secured detached storage.

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Fourplex with Private Yards

483 Vancouver Road SE, Rio Rancho, NM 87124

$595,000

3,433 sqft 0.46 AC lot

Each residence has a two-bedroom layout, washer/dryer connections, and a separate storage unit.

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Historic Three-Unit Compound

343-345 E Berger Street, Santa Fe, NM 87505

$1,200,000

3,934 sqft 0.32 AC lot

Three distinct residences combine period character, private courtyards, and off-street garage parking.

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Custom Adobe Triplex with Casitas

250 Moongate Rd, Corrales, NM 87048

$933,000

4,102 sqft

Approved triplex with two privately metered casitas and thoughtfully designed indoor-outdoor living areas.

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Duplex with Fenced Yards

134 & 136 W Berger Street, Santa Fe, NM 87505

$799,000

1,200 sqft 0.03 AC lot

Two separately metered residences offer private outdoor space and in-unit laundry.

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7-Unit Townhome-Style Apartment Building

3505 Lafayette Drive NE, Albuquerque, NM 87107

$950,000

9,100 sqft 0.38 AC lot

Updated two-story residences feature spacious layouts, private utility rooms, and separately metered gas and electric service.

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21-Unit Apartment Compound

2510/2530 S Espina St, Las Cruces, NM 88001

$1,700,000

63,162 sqft 1.44 AC lot

A mix of studio and larger apartments is arranged around landscaped courtyards on R-3-zoned land.

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Updated Four-Unit Apartment Property

1920 Lead Avenue SE, Albuquerque, NM 87106

$546,500

2,038 sqft 0.21 AC lot

UNM-area multifamily property with upgraded systems, contemporary apartment finishes, off-street parking, and alley and Lead Avenue access.

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Eight-Unit Brick Apartment Building

2632 Dakota St NE, Albuquerque, NM 87110

$1,250,000

7,780 sqft

Eight residences span two attached fourplexes, with private outdoor areas, individual carports, and dedicated storage.

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Four-Unit Quadplex with Yards

4301 Calle Andrew, Santa Fe, NM 87507

$839,000

4,032 sqft 0.09 AC lot

Fully leased multifamily property with R-7 zoning, public utilities, and practical residential layouts.

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Townhome-Style Apartment Compound

808 Ortiz Dr SE, Albuquerque, NM 87108

$1,424,506

9,650 sqft

Twelve-unit multifamily property with private outdoor areas, separate utility metering, and a mix of renovated interiors.

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7-Unit Inn with Hospitality Pavilion

Mimbres, NM 88049

$539,000

3,713 sqft 1.18 AC lot

Furnished lodging property with caretaker quarters, automated guest operations, and a dedicated outdoor hospitality area.

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Well-Maintained Triplex with Casita

306 Carlisle Blvd SE, Albuquerque, NM 87106

$580,000

13,504 sqft

Fully occupied three-unit property with separate utility meters, on-site parking, and a detached casita unit.

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Updated Four-Unit Apartment Property

1315 Madeira Drive SE, Albuquerque, NM 87108

$522,720

3,233 sqft 0.20 AC lot

Four residential units feature refreshed interiors, private laundry areas, full kitchens, and shared courtyard space.

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New Mexico Multifamily Properties Market Trends and Statistics

Explore 474 multifamily properties for sale in New Mexico, showcased through 474 active listings on our real estate platform. These investment opportunities span a total of 2,319,952 square feet of properties for sale, with an estimated market value of $381,036,821.

Sale prices for multifamily properties in New Mexico start at $80,000, averaging $856,262, and reaching up to $10,150,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.