Multifamily

Carrizozo, NM Multifamily Properties for Sale

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Nogal, NM Alto, NM Capitan, NM Ancho, NM Ruidoso, NM
Remodeled Duplex
Updated: Apr 24, 2025
Remodeled Duplex

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

$140,000
1,292 sqft 0.31 AC lot
Two units, each measuring 646 square feet, with 2 bedrooms and 1 bathroom
1,292‑square‑foot duplex on a 0.31‑acre lot
Remodeling included new appliances, plumbing, and electrical work
Gas ranges, refrigerators, and washer and dryer hookups in both units
Full‑time tenants in both units under month‑to‑month tenancies
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1 active listing matches your search: Multifamily for sale in Carrizozo, NM. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

9-Unit Condominium Portfolio
9-Unit Condominium Portfolio

200 Granite Drive, Ruidoso, NM 88345

$1,850,000
10,845 sqft

All residences are occupied and include private garages, decks, and split-level interiors.

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Fenced RV Park With Workshop
Fenced RV Park With Workshop

26339 Us Highway 70, Ruidoso Downs, NM 88346

$349,000
1,945 sqft

Combined rental accommodations, workshop space, laundry facilities, and enclosed areas create a varied property configuration.

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Mobile Home and RV Park
Mobile Home and RV Park

301 Harris Ln, Ruidoso Downs, NM 88346

$575,000
1.70 AC lot

Fully occupied income property with seller-owned units included in the transfer.

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12-Unit Two-Level Apartment Building
12-Unit Two-Level Apartment Building

106 Granite Dr, Ruidoso, NM 88345

$2,500,000
14,336 sqft

Fully leased residences feature two-level layouts with private decks, fireplaces, and multiple baths.

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Carrizozo, NM Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Carrizozo, NM on our real estate platform. These investment opportunities span a total of 1,292 square feet of properties for sale, with an estimated market value of $140,000.

Sale prices for multifamily properties in Carrizozo, NM average $140,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1

Demographics Overview

Population 1,269
Population Growth (5Y) +7.1%
Median Household Income $40,268
College Educated 24.6%

High-Yield Neighborhoods for Investment

Identify Carrizozo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
88301 $140K

Taxes & Financing

Tax Rate (average for all types) 2.62%
Tax Rate vs County Average 0.08 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lincoln County

New Delisted

Total CRE Inventory on Market (SF)

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