Advertise
    Elephant Butte, NM
    Multifamily

    Elephant Butte, NM Multifamily Properties for Sale

    Notify Me
    List
    Map
    Truth Or Consequences, NM Caballo, NM Cuchillo, NM San Antonio, NM Arrey, NM
    New-Build Three-Unit Triplex
    Updated: Jul 23
    New-Build Three-Unit Triplex

    106 Inca Street, Elephant Butte, NM 87935

    $429,900
    Three‑unit triplex completed in 2026
    Unit mix includes one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units
    Granite countertops, stainless steel appliances, and white shaker cabinets in each unit
    Open, functional layouts throughout the property
    Near Elephant Butte Lake and Truth or Consequences
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elephant Butte, 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.

    Modern Container Duplex
    Modern Container Duplex

    405 Palm Avenue, Las Cruces, NM 88001

    $245,000

    Studio-style duplex in Downtown Las Cruces with short-term rental use potential and flexible owner-occupancy options.

    View details
    Pueblo Revival Triplex
    Pueblo Revival Triplex

    112 - A W 3rd Avenue, Truth Or Consequences, NM 87901

    Contact for pricing

    Three one-bedroom units with commercial zoning, a metal roof, and a detached storage shed.

    View details
    19-Space Mobile Home Park
    19-Space Mobile Home Park

    205 Coleman Street, Truth Or Consequences, NM 87901

    Contact for pricing

    Park includes rented manufactured homes and an upgraded natural gas line serving the property.

    View details
    Duplex Income Property
    Duplex Income Property

    705 Cactus #1 & 2, Las Cruces, NM 88001

    $295,000

    Two-unit duplex with each side offering three bedrooms and two bathrooms.

    View details

    Elephant Butte, NM Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Elephant Butte, NM on our real estate platform.

    Sale prices for multifamily properties in Elephant Butte, NM average $429,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 1

    Demographics Overview

    Population 1,848
    Median Household Income $44,891
    College Educated 22.0%

    Listings Trend

    New vs delisted commercial listings in Sierra County

    New Delisted

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Multifamily properties for Sale Near Elephant Butte, NM

    Popular Searches in Elephant Butte, NM

    Most Searched ZIP Codes in Elephant Butte, NM

    • 87935

    Featured Elephant Butte Real Estate Agencies

    Realmo connects you with licensed Elephant Butte CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Homesteaders Realty
    PO Box 450 Elephant Butte, NM 87935
    Phone: 15757400003
    www.Homesteaders-Realty.com

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!