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    New Mexico Multifamily Properties for Sale

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    Albuquerque, NM Santa Fe, NM Las Cruces, NM Farmington, NM Rio Rancho, NM Clovis, NM Belen, NM Taos, NM
    619 properties
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    Mid-Century Apartment Building
    Mid-Century Apartment Building

    8600 Zuni Road SE, Albuquerque, NM 87108

    $1,594,615
    16,020 sqft 1.00 AC lot

    One-acre multifamily property with renovated interiors, controlled entry, and shared resident amenities.

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    8600 Zuni Road SE, Albuquerque, NM 87108

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $135K
      Annual

    • Price @ 7% Cap

      $1.93M
      Above asking

    • Property Type

      Apartments (Generic)
      Built 1960
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    Updated Fourplex Near UNM
    Updated Fourplex Near UNM

    2810 Vail Avenue SE, Albuquerque, NM 87106

    $522,500
    3,100 sqft 0.17 AC lot

    Four two-bedroom apartments offer private outdoor space, laundry hookups, and separate gas and electric metering.

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    Updated Quadplex Near UNM
    Updated Quadplex Near UNM

    205 Stanford Drive SE, Albuquerque, NM 87106

    $510,000
    1,000 sqft 0.16 AC lot

    Four residential units with off-street parking, updated interiors, and access to University-area amenities.

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    Detached Four-Unit Quadplex
    Detached Four-Unit Quadplex

    224 Guadalupe, Santa Fe, NM 87501

    $1,560,000
    3,700 sqft 0.22 AC lot

    Four separate residences share one parcel in downtown Santa Fe with public water and sewer service.

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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    703 Athenian Way, Las Cruces, NM 88011

    $750,000
    4,604 sqft

    Fully occupied residential income property with three-bedroom layouts and two bathrooms in each residence.

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    Quadplex Residential Income Property
    Quadplex Residential Income Property

    1928 Buena Vista Drive SE, Albuquerque, NM 87106

    $528,895
    3,816 sqft 0.14 AC lot

    Four-unit residential income property offered for sale in Albuquerque’s 87106 area.

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    Six-Unit Apartment Property
    Six-Unit Apartment Property

    9238 4th Street NW, Albuquerque, NM 87114

    $665,000
    3,575 sqft 0.47 AC lot

    Two detached buildings offer a varied unit mix with studios, one-bedroom apartments, and a two-bedroom apartment.

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    Apartment Property with Private Entrances
    Apartment Property with Private Entrances

    3226 Rufina Street, Santa Fe, NM 87507

    $3,041,053
    11,440 sqft 0.88 AC lot

    Multifamily property with varied unit layouts, secure corridor access, private entrances, and shared laundry facilities.

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    Updated 7-Unit Multifamily Compound
    Updated 7-Unit Multifamily Compound

    1003-1005 Carlisle Blvd, Albuquerque, NM 87106

    $994,495
    4,805 sqft

    Two parcels combine a fourplex and triplex with refreshed interiors and private outdoor areas.

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    7-Unit Multifamily Property
    7-Unit Multifamily Property

    1003-1005 Carlisle Boulevard SE, Albuquerque, NM 87106

    $994,495
    4,805 sqft 0.18 AC lot

    Two separate parcels combine updated apartments with private yard areas and in-unit laundry.

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    Two-Building Quadplex Portfolio
    Two-Building Quadplex Portfolio

    309-313 Geraldine Loop, Rio Rancho, NM 87124

    $1,030,000
    6,684 sqft

    Occupied two-bedroom rentals with one bath per unit and established tenancy.

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    Duplex with Detached Casita
    Duplex with Detached Casita

    325 Fiesta Street, Santa Fe, NM 87501

    $750,000
    776 sqft 0.17 AC lot

    Separately metered residences support flexible living, workspace, or rental arrangements on a fenced Santa Fe parcel.

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    Updated 4-Unit Quadplex
    Updated 4-Unit Quadplex

    321 Wayne Road NW, Los Ranchos, NM 87114

    $749,000
    3,000 sqft 0.57 AC lot

    Four distinct residences include private outdoor areas, separate electric meters, and on-site parking.

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    Multifamily Property with Private Outdoor Space
    Multifamily Property with Private Outdoor Space

    1237 Menaul Boulevard NW, Albuquerque, NM 87107

    $550,000
    3,400 sqft

    Multifamily asset with renovated interiors, refrigerated air, and washer/dryer hookups in every residence.

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    Short-Term Rental with Artisan Finishes
    Short-Term Rental with Artisan Finishes

    929 Shoofly Street, Santa Fe, NM 87505

    $895,000
    1,673 sqft 0.05 AC lot

    Under-construction hospitality residence featuring custom architectural details and proximity to Santa Fe’s Plaza, Canyon Road, and Railyard District.

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    Crafted Short-Term Rental Property
    Crafted Short-Term Rental Property

    929 Shoofly Street, Santa Fe, NM 87505

    $995,000
    2,128 sqft 0.05 AC lot

    Under-construction Santa Fe property with custom finishes, private suites, and a gourmet kitchen.

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    13-Unit Apartment Building
    13-Unit Apartment Building

    609 Mesilla St Se, Albuquerque, NM 87108

    $1,144,491
    6,896 sqft

    One- and two-bedroom units serve a tenant base that includes housing voucher participants.

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    Three-Story Mixed-Use Building
    Three-Story Mixed-Use Building

    2325 Cerrillos, Santa Fe, NM 87505

    $1,800,000
    24,000 sqft 0.59 AC lot

    Upper-level apartments operate under low-income housing restrictions, with separate office suites occupying the ground floor.

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    Three-Home Multifamily Property
    Three-Home Multifamily Property

    19649 Highway 314, Belen, NM 87002

    $649,950
    1,338 sqft 3.19 AC lot

    Includes a detached house and two single-wide dwellings with month-to-month occupancy.

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    Two-Home Adobe Duplex Property
    Two-Home Adobe Duplex Property

    1913 Lomas Boulevard NW, Albuquerque, NM 87104

    $619,900
    1,613 sqft 0.25 AC lot

    Two updated adobe residences offer flexible live-work potential with patios, gated access, and on-site parking.

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    Two-Building Quadplex Portfolio
    Two-Building Quadplex Portfolio

    55-65 Darlene Rd, Rio Rancho, NM 87124

    $1,030,000
    6,620 sqft

    Eight occupied two-bedroom residences are arranged across two separately parceled buildings in Rio Rancho.

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    Quadplex with Private Patios
    Quadplex with Private Patios

    1216 Coal Avenue SW, Albuquerque, NM 87102

    $575,000
    3,000 sqft 0.16 AC lot

    Four residential units feature one-bedroom layouts, individual patios, and proximity to downtown Albuquerque amenities.

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    Modernized Fourplex with Private Patios
    Modernized Fourplex with Private Patios

    2810 Vail Ave Se, Albuquerque, NM 87106

    $522,500
    3,100 sqft

    Four two-bedroom apartments offer separate utility metering, laundry hookups, and updated interiors near major institutional and transportation hubs.

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    Renovated Fourplex with Furnished Units
    Renovated Fourplex with Furnished Units

    622 Jefferson Street NE, Albuquerque, NM 87110

    $760,000
    3,116 sqft 0.16 AC lot

    Four-unit residential property with a three-bedroom main residence, renovated interiors, and short-term rental history in Albuquerque’s Near Heights.

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