Multifamily

Cerrillos, NM Multifamily Properties for Sale

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Santa Fe, NM Lamy, NM Galisteo, NM Budaghers, NM Algodones, NM Stanley, NM Pena Blanca, NM Sandia Park, NM
Mixed-Use Property with Storefront
Updated: Aug 6
Mixed-Use Property with Storefront

2864 NM 14, Cerrillos, NM 87010

$540,000
3,723 sqft 0.18 AC lot
Approximately 1,400‑square‑foot storefront
Three residential spaces: 320‑square‑foot studio, 612‑square‑foot one‑bedroom apartment, and 477‑square‑foot casita
3,723 square feet on 0.18 acres
New roof plus electrical and plumbing updates
Courtyards separate the rear casita from the main building
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Cerrillos, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Updated 3-Residence Triplex
Updated 3-Residence Triplex

3327 Caminito Quintana, Santa Fe, NM 87507

$1,175,000
3,712 sqft

Three separate homes offer distinct living spaces within one Santa Fe property.

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Three-Residence Triplex
Three-Residence Triplex

3327 Caminito Quintana, Santa Fe, NM 87507

$1,175,000
3,712 sqft 0.17 AC lot

Three distinct residences offer updated interiors, refreshed kitchens, and separate living arrangements within one property.

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Multifamily Property in Santa Fe
Multifamily Property in Santa Fe

4 Camino Charro, Santa Fe, NM 87507

$735,000
6,460 sqft 1.00 AC lot

Multifamily property featuring three units on approximately one acre.

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Triplex with Covered Parking
Triplex with Covered Parking

124 Turquoise Trail, Santa Fe, NM 87508

$465,000
2,125 sqft 5.05 AC lot

Three separate apartments feature open layouts, private kitchens, and ductless heating and cooling.

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Cerrillos, NM Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Cerrillos, NM on our real estate platform. These investment opportunities span a total of 3,723 square feet of properties for sale, with an estimated market value of $540,000.

Sale prices for multifamily properties in Cerrillos, NM average $540,000 — 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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Demographics Overview

Population 1,147
Population Growth (5Y) +13.6%
Median Household Income $45,490
College Educated 84.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
87010 $540K

Taxes & Financing

Tax Rate (average for all types) 2.83%
Property Tax per SF $12.14 per SF
Tax Rate vs County Average 0.32 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Santa Fe County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Santa Fe County

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Residential Income

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