Multifamily

Las Vegas, NM Multifamily Properties for Sale

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Rociada, NM Sapello, NM Mora, NM Holman, NM Tererro, NM Pecos, NM Chacon, NM
Multi-Family Property with Three Homes
Updated: Mar 30
Multi-Family Property with Three Homes

158 Independence Avenue, Las Vegas, NM 87701

$379,900
3,515 sqft 1.41 AC lot
Over 1 acre with 2 lots and 3 separate homes, offering multi‑home living or income potential
Front home: approx. 1,120 SF with 3 bedrooms and a 3/4 bath
Middle structure: efficiency apartment with a spacious bedroom, living area, and 3/4 bath
Rear home: 3 bedrooms, 1.75 baths, and a 2‑car garage
Detached single‑car garage plus multiple storage sheds and other outbuildings
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Three-Unit Updated Residential Income
Updated: Mar 1
Three-Unit Updated Residential Income

322 Moreno, Las Vegas, NM 87701

$499,000
2,246 sqft 0.16 AC lot
Three‑unit investment property built in 1902 with public water and public sewer.
Currently pulling in $5,000 per month in rent; 1031 exchange accepted.
Front main home: 3 bedrooms, 1.75 baths, covered front porch, high ceilings, wood floors, and granite countertops.
Upstairs studio apartment with granite counters, 3/4 bath, and a spacious deck with views of the plaza.
Third stand‑alone unit with 2 bedrooms and 1 full bath, plus a new covered portal and a completely fenced yard.
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Duplex with Partially Finished Basement
Duplex with Partially Finished Basement

1412 8th Street, Las Vegas, NM 87701

$129,900
1,880 sqft 0.17 AC lot

Two-unit duplex with long driveway parking and a partially finished basement for additional storage options.

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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 16 Potential Opportunities for your consideration. Besides 3 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.

Mixed-Use Arts Hospitality Building
Mixed-Use Arts Hospitality Building

4 N Chamisa Dr, Santa Fe, NM 87508

$1,599,000
4,815 sqft 2.32 AC lot

Extensively renovated building with a front gallery/event space, apartments, and private art studios.

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Mixed-Use Arts Residency Property
Mixed-Use Arts Residency Property

4 N Chamisa, Santa Fe, NM 87508

$1,599,000
4,815 sqft 2.32 AC lot

Extensively renovated campus combines gallery, private art studios, and residential apartments with direct Highway 285 access.

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Adjoining RV Park Lots with Utilities
Adjoining RV Park Lots with Utilities

65 Clubhouse Drive, Rociada, NM 87742

$160,000

Two private, adjoining RV park lots feature graveled pads, sheds, and readily available utilities for connection.

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Residential Income Cabin Estate
Residential Income Cabin Estate

Tererro, NM 87573

$5,680,000
8,000 sqft 11.00 AC lot

Four deeded properties sold as one estate with multiple cabins, a duplex, and well and septic service.

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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.

Land with Well in Chimayo
Land with Well in Chimayo

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

$85,000
2.00 AC lot

Two acres of land with a well in Chimayo.

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El Prado Land Opportunity
El Prado Land Opportunity

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

$275,000
5.00 AC lot

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

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One Acre Lot in McIntosh
One Acre Lot in McIntosh

Clubhouse Road, Mcintosh, NM 87032

Contact for pricing
1.00 AC lot

One acre lot with highway frontage, utilities available, no restrictions.

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Heavily Treed Land in Edgewood
Heavily Treed Land in Edgewood

Tranquil Valley Block 4 Lot 3, Edgewood, NM 87015

Contact for pricing
2.65 AC lot

2.65 acre lot in Tranquil Valley, Edgewood.

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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

406 University Ave, Las Vegas, NM 87701-4347

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

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

Unit 223
Value Estimation by Request
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1929 7th St
MOBILE HOME PARK, TRAILER PARK

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

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

1008 Mls Ave, Las Vegas, NM 87701-4049

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

Las Vegas, NM 87701

Value Estimation by Request
View details

Las Vegas, NM Multifamily Properties Market Trends and Statistics

Explore 8 multifamily properties for sale in Las Vegas, NM, showcased through 3 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 $1,008,800.

Sale prices for multifamily properties in Las Vegas, NM start at $129,900, averaging $336,266, and reaching up to $499,000 — 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

Triplexes 2
Duplexes 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 $315.7K

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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