Multifamily

La Mesa, NM Multifamily Properties for Sale

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Adobe Quadplex with Casita
Updated: Jun 8
Adobe Quadplex with Casita

393 E San Miguel Street, La Mesa, NM 88044

$475,000
0.49 AC lot
Adobe quadruplex on approx. 0.49 acre in La Mesa, NM, with potential for rental income and/or multi‑generational living
Main building offers approx. 3,978 sq ft and includes 3 apartments (Units 1–3)
Unit mix: three 2‑bed units (Units 1–3) plus a separate 1‑bed casita (Unit 4) with approx. 482 sq ft
All units include washer and dryer, refrigerator, and stove
Cooling/heat options include heat pumps (some units with mini splits and some window units) plus natural gas heat
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in La Mesa, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Eight-Unit Income Multifamily Property
Eight-Unit Income Multifamily Property

925 Vinton Avenue, Canutillo, TX 79835

$1,500,000
2,604 sqft 3.90 AC lot

Eight-unit multifamily with 3.9 acres and detached garage, currently producing about $93,000 gross annual rent.

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Three-Unit Residential Income Property
Three-Unit Residential Income Property

7080 Second Street, Canutillo, TX 79835

$140,000
1,800 sqft 0.10 AC lot

Three separate units with private entrances and dedicated parking, offered as an as-is fixer-upper for income or multigenerational living.

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Fully Renovated 10-Unit Apartment Building
Fully Renovated 10-Unit Apartment Building

1630 Wyoming Avenue, Las Cruces, NM 88001

$1,295,000
0.43 AC lot

Turnkey 10-unit complex with renovated interiors and recent exterior and systems updates.

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Duplex with Attached Garages
Duplex with Attached Garages

955 Executive Place, Las Cruces, NM 88011

$275,000
0.18 AC lot

Well-maintained duplex offering two residential units with refrigerated air, private backyard space, and attached single-car garages.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Chaparral, NM Land Opportunity
Chaparral, NM Land Opportunity

1190 Enchantment Drive, Chaparral, NM 88081

Contact for pricing
0.46 AC lot

0.46-acre lot in Chaparral, NM, priced to sell!

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Two-Acre Lot with 360 Views
Two-Acre Lot with 360 Views

1955 Hot Peppers Road, Chaparral, NM 88081

$109,000
2.00 AC lot

Two-acre lot in Chaparral, NM with manufactured home allowance.

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Two-Acre Lot with 360 Views
Two-Acre Lot with 360 Views

1052 Shiprock Road, Chaparral, NM 88081

$109,000
2.00 AC lot

Two-acre lot in Chaparral, NM with manufactured home allowance.

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Land in Las Cruces, NM
Land in Las Cruces, NM

7563 El Centro Boulevard, Las Cruces, NM 88012

$133,500
4.04 AC lot

4.04 acre lot zoned for house or mobile home.

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Off-Market Properties in La Mesa, NM

Consider similar Off-Market properties in La Mesa, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

980 San Jose Rd
BOARDING/ROOMING HOUSE

980 San Jose Rd, La Mesa, NM 88044-9549

Value Estimation by Request
5,608 sqft 0.72 AC lot
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205 San Miguel St
Multifamily properties

205 San Miguel St, La Mesa, NM 88044

Value Estimation by Request
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La Mesa, NM Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in La Mesa, NM on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $475,000.

Sale prices for multifamily properties in La Mesa, NM start at $475,000, averaging $475,000, and reaching up to $475,000 — 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

Quadplexes 1

Demographics Overview

Population 2,684
Population Growth (5Y) -23.9%
Median Household Income $60,855
College Educated 36.1%

Taxes & Financing

Tax Rate (average for all types) 3.28%
Property Tax per SF $93.48 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Dona Ana County

New Delisted

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