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    New Mexico Multifamily Properties for Sale

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    Albuquerque, NM Santa Fe, NM Rio Rancho, NM Las Cruces, NM Farmington, NM Belen, NM Los Lunas, NM Clovis, NM
    472 properties
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    Three-Unit Live-Work Property
    Three-Unit Live-Work Property

    1101 Douglas Ave, Las Vegas, NM 87701

    $465,000
    3,200 sqft

    Includes a former medical office layout plus two standalone one-bedroom rental units.

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    Eight-Unit Multifamily Property
    Eight-Unit Multifamily Property

    809 W Van Patten Ave, Las Cruces, NM 88005

    $315,000
    5,101 sqft

    Includes apartments, a detached home, and a studio with on-site parking.

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    Three-Bedroom Duplex Property
    Three-Bedroom Duplex Property

    1362 Santa Fe, Las Cruces, NM 88001

    $295,000
    2,172 sqft

    Two residential units offer three bedrooms and two bathrooms each, with tenants responsible for utilities.

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    Well-Kept Fourplex in Central Area
    Well-Kept Fourplex in Central Area

    625 Louisiana SE, Albuquerque, NM 87108

    $400,000
    3,540 sqft

    Four units in excellent condition, located on Louisiana SE.

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    Two-Unit Duplex
    Two-Unit Duplex

    705 Cactus, Las Cruces, NM 88001

    $295,000
    2,172 sqft

    Each residence includes three bedrooms and two bathrooms, with occupants responsible for all utilities.

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    Two-Unit Brick Duplex
    Two-Unit Brick Duplex

    1029 N Melendres Street, Las Cruces, NM 88005

    $270,000
    0.32 AC lot

    Separate parcels provide distinct two- and three-bedroom layouts with carport parking and evaporative cooling.

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    Renovated Mixed-Use Property
    Renovated Mixed-Use Property

    102 Mexican ave, Cloudcroft, NM 88317

    Contact for pricing
    8,322 sqft

    Mountain lodge property combines rental suites, retail space, and storage in a renovated commercial setting.

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    Remodeled Two-Unit Duplex
    Remodeled Two-Unit Duplex

    604 & 606 D Avenue lot: 9 & 10, Carrizozo, NM 88301

    $140,000
    1,292 sqft 0.31 AC lot

    Each residence includes two bedrooms, a full kitchen, a utility room, and washer and dryer hookups.

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    Apartment Building with Stucco Exterior
    Apartment Building with Stucco Exterior

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

    $2,323,232
    14,688 sqft 0.60 AC lot

    Multifamily property offering tile and vinyl flooring, refrigerator appliances, and a four-lot site in Albuquerque’s 87108 ZIP code.

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    Mixed-Use Restaurant with Triplex
    Mixed-Use Restaurant with Triplex

    244 South 1st Street, Raton, NM 87740

    $750,000

    Restaurant improvements, furnished apartments, and outdoor dining areas support multiple on-site commercial and residential uses.

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    Farmington Land Opportunity
    Farmington Land Opportunity

    4303 HUDSON Street, Farmington, NM 87402

    $400,000
    1.55 AC lot

    1.551 acres of land rezoned for multi-family development.

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    60-Unit Apartment Development
    60-Unit Apartment Development

    3069 Del Rey Boulevard, Las Cruces, NM 88012

    Contact for pricing
    67,560 sqft

    Multifamily development with completed engineering and substantially advanced site work.

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    40-Unit Apartment Building
    40-Unit Apartment Building

    110 Starlite Rd, Ruidoso, NM 88345

    Contact for pricing
    28,400 sqft 9.00 AC lot

    C-1 Commercial property with renovated interiors, mountain views, and on-site laundry facilities.

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    Fully Occupied Quadplex
    Fully Occupied Quadplex

    528 Alvarado Drive SE, Albuquerque, NM 87108

    $469,000
    3,640 sqft 0.16 AC lot

    Four separately metered rental units provide an established multifamily configuration near shopping, dining, and daily conveniences.

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    Brazos Lodge Bed & Breakfast
    Brazos Lodge Bed & Breakfast

    7 Private Drive 1759, Chama, NM 87520

    $699,000
    2,400 sqft 0.87 AC lot

    Rustic lodging property with three units, a detached cabin, general store, kitchen, and shared veranda.

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    Two-Story Apartment Building
    Two-Story Apartment Building

    3404 Cherokee Rd NE, Albuquerque, NM 87107

    $1,800,000
    12,885 sqft

    R-ML-zoned multifamily property with private balconies and washer/dryer hookups in every unit.

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    Fully Occupied Fourplex
    Fully Occupied Fourplex

    1-4-140 General Arnold St Ne, Albuquerque, NM 87123

    $389,000
    3,000 sqft

    Four residential units with established tenancy and convenient access to shopping, dining, transit, and Albuquerque employment centers.

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    Occupied Four-Unit Quadplex
    Occupied Four-Unit Quadplex

    140 General Arnold St Unit 1-4, Albuquerque, NM 87123

    $389,000
    3,000 sqft

    Four one-bedroom apartments are occupied, including three month-to-month tenancies and one lease extending through August 31, 2026.

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    Luxury Short-Term Rental Residence
    Luxury Short-Term Rental Residence

    929 Shoofly Street, B, Santa Fe, NM 87505

    $834,900

    Two-level?

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    Two-Home Multifamily Property
    Two-Home Multifamily Property

    138 Roadrunner Lane, Conchas Dam, NM 88416

    $325,000
    1,280 sqft 1.00 AC lot

    Two single-wide residences share the parcel with RV hookups and a powered shop.

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    Live-Work Condominium with Courtyard
    Live-Work Condominium with Courtyard

    1043 Don Diego Avenue, E, Santa Fe, NM 87505

    $549,000

    C-1-zoned condominium supports residential occupancy, office use, and other approved commercial activities in a walkable setting.

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    Historic Restaurant with Apartments
    Historic Restaurant with Apartments

    244 S 1st Street, Raton, NM 87740

    $750,000

    Turn-of-the-century masonry property with an equipped kitchen, furnished upper-level units, dining areas, and outdoor seating.

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    Santa Fe Condo with Rental Potential
    Santa Fe Condo with Rental Potential

    1043 Don Diego #E, Santa Fe, NM 87505

    $615,000
    1,624 sqft 0.02 AC lot

    Spacious condo in South Capital C1 district, ideal for rentals.

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    Renovated 32-Unit Apartment Property
    Renovated 32-Unit Apartment Property

    1301-1325 Fillmore Avenue, Alamogordo, NM 88310

    $4,099,999
    30,952 sqft 1.32 AC lot

    Four two-story buildings contain renovated two-bedroom, one-bath residences with updated interiors and household appliances.

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