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    Las Vegas, NM Multifamily Properties for Sale

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    Rociada, NM Mora, NM Holman, NM
    Updated Investment Property Near Plaza
    $598,000
    2,246 SF
    Updated Investment Property Near Plaza

    322 Moreno, Las Vegas, NM 87701

    Three-unit property near historic plaza, generating $5000 monthly rent.
    • Income‑generating investment property currently producing $5000/month in rent.
    • Prime location: Less than a block from the historic Las Vegas, New Mexico plaza.
    • Three separate units offer flexible living/rental options.
    • Recently updated with newer roof, mini‑splits, stucco, appliances, cabinets, granite countertops, stainless appliances.
    • Main house features 3 bedrooms, 1.75 bathrooms, covered porch, high ceilings, wood floors, and laundry room.
    Updated: Mar 1
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    Duplex Income Property with Driveway
    $143,900
    1,880 SF
    Duplex Income Property with Driveway

    1412 8th Street, Las Vegas, NM 87701

    Two separate residential units with dedicated parking via a long driveway and a bonus room and basement in the larger unit.
    • Income‑generating duplex with 2 units totaling 1,880 sq ft, with recent rental history
    • Main unit: 1,306 sq ft with 2 bedrooms, 1 bathroom, and a bonus room past the laundry room
    • Secondary unit: 574 sq ft with 1 bedroom and 1 bathroom
    • Long driveway provides parking for both units
    • Partially finished basement under the larger unit offers additional storage
    Updated: Sep 17, 2025
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    Versatile Multifamily Property on Acreage
    $384,900
    3,515 SF
    Versatile Multifamily Property on Acreage

    Three homes on over an acre, potential income property.

    158 Independence Avenue, Las Vegas, NM 87701

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    Income Duplex with Two Units
    $143,900
    Income Duplex with Two Units

    Duplex offers separate rental units, including a larger home with a bonus room and basement storage.

    1412 8th Street, Las Vegas, NM 87701

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 4 Active listings in Las Vegas, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 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.

    Versatile Duplex Near Santa Fe Plaza
    $1,925,000
    3,893 SF
    Versatile Duplex Near Santa Fe Plaza

    Spacious duplex on 1.2 acres near Plaza and Railyard.

    996 Paseo Del Sur, Santa Fe, NM 87501

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    Santa Fe Duplex Investment Opportunity
    $479,900
    1,552 SF
    Santa Fe Duplex Investment Opportunity

    Charming Pueblo-style duplex in prime Santa Fe location.

    612 Camino De La Luz, Santa Fe, NM 87505

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    Eldorado Mixed-Use Arts Investment
    $1,750,000
    4,815 SF
    Eldorado Mixed-Use Arts Investment

    Turnkey arts and residential property with high visibility.

    4 N Chamisa, Santa Fe, NM 87508

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    Santa Fe Duplex with Charm
    $1,350,000
    1,702 SF
    Santa Fe Duplex with Charm

    Unique duplex in Santa Fe offering investment and living opportunities.

    414 A and B Camino Don Miguel, Santa Fe, NM 87505

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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.

    Santa Fe Land For Sale
    $150,000
    2.50 Acres
    Santa Fe Land For Sale

    2.5 acre lot in Santa Fe, mobile homes welcome.

    20 Goathead Ct, Santa Fe, NM 87508

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    Angel Fire Land with Lake
    $259,900
    14.17 Acres
    Angel Fire Land with Lake

    14.17 acres with lake access and RV setup.

    Elk Horn Drive lot: 86, Angel Fire, NM 87710

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    Land with Well in Chimayo
    $85,000
    2.00 Acres
    Land with Well in Chimayo

    Two acres of land with a well in Chimayo.

    2 Acres off of County Rd 86A, Chimayo, NM 87522

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    El Prado Land Opportunity
    $275,000
    5.00 Acres
    El Prado Land Opportunity

    5 acres near airport, suitable for commercial or residential development.

    5 Acres off Highway 64 W, El Prado, NM 87529

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    Off-Market Properties in Las Vegas, NM

    Consider similar Off-Market properties in Las Vegas, 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.

    406 University Ave
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    406 University Ave, Las Vegas, NM 87701-4347

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    108 Nm Hwy 65th, Unit 223
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request
    Unit 223

    108 Nm Hwy 65th, Las Vegas, NM 87701-4487

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    1929 7th St
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    1929 7th St, Las Vegas, NM 87701-4957

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    1008 Mls Ave
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    1008 Mls Ave, Las Vegas, NM 87701-4049

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    Las Vegas, NM 87701
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    Las Vegas, NM 87701

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    Las Vegas, NM Multifamily Properties Investment Opportunities Market Analysis

    Explore 9 multifamily properties for sale in Las Vegas, NM, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,641 square feet of properties for sale, with an estimated market value of $1,126,800.

    Sale prices for multifamily properties in Las Vegas, NM start at $143,900, averaging $375,600, and reaching up to $598,000 — 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 2
    Triplexes 1

    Demographics Overview

    Population 19K
    Population Growth (5Y) +15.8%
    Median Household Income $48,966
    College Educated 44.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    87701 $348.1K

    Taxes & Financing

    Tax Rate (average for all types) 3.57%
    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 San Miguel County

    New Delisted

    Total CRE Inventory on Market (SF)

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