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    Las Cruces, NM Multifamily Properties for Sale

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    Albuquerque, NM Rio Rancho, NM Santa Fe, NM
    15 results
    Las Cruces Multifamily Investment Property
    $800,000
    2.71 Acres

    Las Cruces Multifamily Investment Property

    311 Hurt Road, Las Cruces, NM 88007

    Five income-producing units on 2.71 acres in Las Cruces.

    • 5 income‑producing units on 2.71 acres offer a steady revenue stream
    • Fully secured property with rock wall perimeter and single entrance/exit
    • Duplex units feature open floor plans, kitchen appliances, washer/dryer, patio, and backyard porch
    • Solar panels provide energy efficiency
    • Tenants responsible for all utilities (electric, water, cable, gas)
    Updated: Apr 2
    View details
    Well-Maintained Fourplex in Las Cruces
    $389,000
    0.32 Acres

    Well-Maintained Fourplex in Las Cruces

    1981 Embassy Drive unit: A, B, C, D, Las Cruces, NM 88005

    Fourplex with strong rental appeal near schools and shopping.

    • Strong rental appeal and excellent income potential.
    • Four units, each featuring 2 bedrooms and 1 bathroom.
    • Enjoy the cozy ambiance of a wood‑burning fireplace in each unit.
    • Fully equipped kitchens with appliances and utility area for washer/dryer.
    • Each unit includes a small private yard.
    Updated: Apr 10
    View details
    Las Cruces Multifamily Investment Opportunity
    $299,000
    0.29 Acres

    Las Cruces Multifamily Investment Opportunity

    Two container units on .29-acre lot, excellent condition, turnkey investment.

    416 Palm Avenue, Las Cruces, NM 88001
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    Las Cruces Four-Plex Investment
    $1,350,000
    0.28 Acres

    Las Cruces Four-Plex Investment

    Four luxury units near Sonoma Ranch Golf Course.

    1263 Mission Nuevo Drive, Las Cruces, NM 88011
    View details
    Las Cruces Multi-Unit Investment
    $299,000
    0.21 Acres

    Las Cruces Multi-Unit Investment

    Multi-unit property with income potential in Las Cruces, NM.

    439 N Alameda Boulevard, Las Cruces, NM 88005
    View details
    Las Cruces Multifamily Opportunity
    $485,000
    0.86 Acres

    Las Cruces Multifamily Opportunity

    Three structures on 0.86 acres near Old Mesilla.

    651 Watson Lane, Las Cruces, NM 88005
    View details
    Las Cruces Multifamily Property
    $416,000
    0.46 Acres

    Las Cruces Multifamily Property

    Multifamily property for sale in Las Cruces, New Mexico.

    711 Foster Road, Las Cruces, NM 88001
    View details
    Mesquite Historic District Income Property
    $259,900
    0.12 Acres

    Mesquite Historic District Income Property

    Two homes near Downtown Las Cruces with income potential.

    306 S San Pedro Street, Las Cruces, NM 88001
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    Well-Maintained Duplex in Las Cruces
    $259,750
    0.14 Acres

    Well-Maintained Duplex in Las Cruces

    Las Cruces duplex: live in one unit, rent the other.

    1255 W Ethel Avenue unit: A & B, Las Cruces, NM 88005
    View details
    Mesilla Park Acreage with Mobile Homes
    $179,900
    1.22 Acres

    Mesilla Park Acreage with Mobile Homes

    1.22 acre property with two mobile homes in Mesilla Park.

    1367 Missionary Ridge Road, Mesilla Park, NM 88047
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    Remodeled Duplex in Las Cruces
    $450,000
    0.19 Acres

    Remodeled Duplex in Las Cruces

    Completely remodeled duplex, ideal for investors or owner-occupants.

    1212 Brownlee Avenue, Las Cruces, NM 88005
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    Mixed-Use Property with Residential Units
    $450,000
    0.22 Acres

    Mixed-Use Property with Residential Units

    Multi-tenant property with commercial and residential spaces, parking, courtyard.

    4001 W Picacho Avenue, Las Cruces, NM 88007
    View details
    Las Cruces Triplex Investment
    $230,000
    0.17 Acres

    Las Cruces Triplex Investment

    Triplex with three 1-bedroom units and detached garage.

    1145 N Main Street, Las Cruces, NM 88005
    View details
    Renovated Five-Unit Multifamily Complex
    $549,990
    2,600 SF

    Renovated Five-Unit Multifamily Complex

    Las Cruces multifamily property with recent renovations and value-add potential.

    807 Chaparro St, Las Cruces, NM 88001
    View details
    Roadrunner Parkway Multifamily Development Site
    $1,045,000

    Roadrunner Parkway Multifamily Development Site

    Development site suitable for assisted living or apartments.

    Roadrunner Pkwy, Las Cruces, NM 88012
    View details
    Based on your search, we've compiled 97 Potential Opportunities for your consideration. Besides 15 Active listings in Las Cruces, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 74 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    West Side Duplex Opportunity
    $345,000
    2,297 SF

    West Side Duplex Opportunity

    Well-maintained duplex on the West Side, ideal for investors.

    7122 ORIZABA Avenue, El Paso, TX 79912
    View details
    Canutillo Triplex: Investment Opportunity
    $140,000
    1,800 SF

    Canutillo Triplex: Investment Opportunity

    Three-unit property in Canutillo, TX, with renovation potential.

    7080 Second Street, Canutillo, TX 79835
    View details
    El Paso Multifamily Opportunity
    $749,450
    3,094 SF

    El Paso Multifamily Opportunity

    Multifamily property for sale in El Paso, Texas.

    6433 TOIVOA Place, El Paso, TX 79932
    View details
    Restaurant, Apartments, and Warehouse Space
    $299,000
    2,589 SF

    Restaurant, Apartments, and Warehouse Space

    Mixed-use property featuring a restaurant, apartments, and warehouse space.

    6928 Third St, Canutillo, TX 79835
    View details

    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.

    Las Cruces Land For Sale
    $75,000
    1.00 Acre

    Las Cruces Land For Sale

    One acre lot suitable for building or mobile home.

    5047 Balsam Road, Las Cruces, NM 88011
    View details
    Land in Las Cruces, NM
    $133,500
    4.04 Acres

    Land in Las Cruces, NM

    4.04 acre lot zoned for house or mobile home.

    7563 El Centro Boulevard, Las Cruces, NM 88012
    View details
    Spacious Lot with Mountain Views
    $90,000
    1.16 Acres

    Spacious Lot with Mountain Views

    1.16-acre lot with mountain views, ready for your dream home.

    9200 El Centro Boulevard lot: 4, Las Cruces, NM 88012
    View details
    Land with Organ Mountain Views
    $80,000
    1.26 Acres

    Land with Organ Mountain Views

    1.26 acre lot with mountain views in Las Cruces.

    9455 Luna Vista Road, Las Cruces, NM 88012
    View details

    Explore Off-Market Properties in Las Cruces, NM

    Consider similar Off-Market properties in Las Cruces, 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.

    2884 Roadrunner Pkwy

    2884 Roadrunner Pkwy

    BOARDING/ROOMING HOUSE • 171,770 SF
    Value Estimation
    $8,865,000
    2884 Roadrunner Pkwy, Las Cruces, NM 88011-0853
    View details
    866 Lettuce Ln

    866 Lettuce Ln

    BOARDING/ROOMING HOUSE • 6,895 SF
    Value Estimation
    $670,000
    866 Lettuce Ln, Las Cruces, NM 88001
    View details
    2200 Vly Dr

    2200 Vly Dr

    BOARDING/ROOMING HOUSE • 5,137 SF
    Value Estimation by Request
    2200 Vly Dr, Las Cruces, NM 88005-3140
    View details
    1091 Branson Ave

    1091 Branson Ave

    BOARDING/ROOMING HOUSE • 1,600 SF
    Value Estimation by Request
    1091 Branson Ave, Las Cruces, NM 88001-5477
    View details
    2802 Corte Diosa-d

    2802 Corte Diosa-d

    BOARDING/ROOMING HOUSE • 5,488 SF
    Value Estimation
    $525,000
    2802 Corte Diosa-d, Las Cruces, NM 88011-8140
    View details
    2105 Espina St

    2105 Espina St

    BOARDING/ROOMING HOUSE • 9,490 SF
    Value Estimation
    $660,000
    2105 Espina St, Las Cruces, NM 88001-5550
    View details
    2015 Enzie Dr

    2015 Enzie Dr

    BOARDING/ROOMING HOUSE • 3,080 SF
    Value Estimation by Request
    2015 Enzie Dr, Las Cruces, NM 88001-5291
    View details
    2108 Solano Dr

    2108 Solano Dr

    BOARDING/ROOMING HOUSE • 6,087 SF
    Value Estimation
    $590,000
    2108 Solano Dr, Las Cruces, NM 88001-5553
    View details
    255 Madrid Ave

    255 Madrid Ave

    BOARDING/ROOMING HOUSE • 3,696 SF
    Value Estimation by Request
    255 Madrid Ave, Las Cruces, NM 88005-1749
    View details

    Las Cruces, NM Multifamily Properties Investment Opportunities Market Analysis

    Explore 89 multifamily properties for sale in Las Cruces, NM, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 3,290,434 square feet of properties for sale, with an estimated market value of $25,212,550.

    Sale prices for multifamily properties in Las Cruces, NM start at $179,900, averaging $420,209, and reaching up to $1,350,000 — 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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    Most Searched ZIP Codes in Las Cruces, NM

    • 88001
    • 88005
    • 88007
    • 88012
    • 88047

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