Multifamily

Lincoln County, NM Multifamily Properties for Sale

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Triplex with Redevelopment Potential
Updated: Apr 20
Triplex with Redevelopment Potential

138 Paradise Canyon Drive, Ruidoso, NM 88345

$305,000
0.95 AC lot
Commercial (C1) zoned Paradise Canyon property in Ruidoso, NM near the Rio Ruidoso, with potential for triplex, possible 4‑unit residential rental, and/or commercial uses
3 units under remodeling: one studio casita near completion; other units include a two‑level layout with separate upstairs and downstairs one‑bedroom unit/bath
Two‑level unit has separate upstairs and downstairs one‑bedroom/bath areas; separate electrical meters and separate gas meters reported
Utilities: natural gas available; public water and public sewer (single water‑sewer meter)
Metal roof; frame construction; flooring includes concrete, ceramic tile, and carpet
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Ruidoso Commercial Zoned Property
Updated: Apr 20
Ruidoso Commercial Zoned Property

138 Paradise Canyon Dr, Ruidoso, NM 88345

$305,000
1,455 sqft
C1 commercial zoning: rare opportunity for residential rental and/or commercial use on Paradise Canyon.
Triplex with remodeling started: owner has begun remodeling into three units, offering a head start on value creation.
Potential for 4 units: opportunity to expand to four units, increasing rental income potential.
Separate electric and gas meters: current units are separately metered for electric and gas, simplifying tenant billing.
Studio casita near completion: one unit is a studio casita nearing completion, providing immediate rental income potential.
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Redevelopment Lodge with 16 Units
Redevelopment Lodge with 16 Units

107 El Paso Road, Ruidoso, NM 88345

$990,000

Redevelopment-ready property with updated building systems and finish-to-suit options for hospitality, apartments, or office uses.

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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 76 Potential Opportunities for your consideration. Besides 3 Active listings in Lincoln County, NM, we suggest exploring several alternatives: similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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 Potential Utility Access
Land with Potential Utility Access

26 White Mountain Road, Tularosa, NM 88352

$40,000
2.71 AC lot

2+ acre land near Alamogordo, NM, sold as-is.

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Half-Acre Lot with Mountain Views
Half-Acre Lot with Mountain Views

Sunrunner Avenue, Las Cruces, NM 88012

$62,500
0.50 AC lot

Half-acre lot with Organ Mountain views, mobile homes welcome.

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Spacious Lot with Mountain Views
Spacious Lot with Mountain Views

9200 El Centro Boulevard lot: 4, Las Cruces, NM 88012

$86,000
1.00 AC lot

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

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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 Lincoln County, NM

Consider similar Off-Market properties in Lincoln County, 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.

26536 Us-70
Multifamily properties

26536 Us-70, Ruidoso Downs, NM 88346

Value Estimation by Request
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138 Paradise Canyon Dr
Multifamily properties

138 Paradise Canyon Dr, Ruidoso, NM 88345

Value Estimation by Request
1,622 sqft 0.95 AC lot
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101 Ct
Multifamily properties

101 Ct, Ruidoso, NM 88345

Value Estimation by Request
15,052 sqft
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103 Wright Ln
MOBILE HOME PARK, TRAILER PARK

103 Wright Ln, Ruidoso Downs, NM 88346-9538

Value Estimation by Request
720 sqft
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113 Wright Ln
MOBILE HOME PARK, TRAILER PARK

113 Wright Ln, Ruidoso Downs, NM 88346-9524

Value Estimation by Request
896 sqft
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26536 Us Hwy 70
MOBILE HOME PARK, TRAILER PARK

26536 Us Hwy 70, Ruidoso Downs, NM 88346-9436

Value Estimation by Request
980 sqft
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26377 Us Hwy 70
MOBILE HOME PARK, TRAILER PARK

26377 Us Hwy 70, Ruidoso Downs, NM 88346-9152

Value Estimation by Request
720 sqft
View details
26377 Us Hwy 70
MOBILE HOME PARK, TRAILER PARK

26377 Us Hwy 70, Ruidoso Downs, NM 88346-9152

Value Estimation by Request
612 sqft
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26377 Us Hwy 70
MOBILE HOME PARK, TRAILER PARK

26377 Us Hwy 70, Ruidoso Downs, NM 88346-9152

Value Estimation by Request
952 sqft
View details
26377 Us Hwy 70
MOBILE HOME PARK, TRAILER PARK

26377 Us Hwy 70, Ruidoso Downs, NM 88346-9152

Value Estimation by Request
768 sqft
View details
26595 Us Hwy 70
MOBILE HOME PARK, TRAILER PARK

26595 Us Hwy 70, Ruidoso Downs, NM 88346-9342

Value Estimation by Request
600 sqft
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26377 Us Hwy 70
MOBILE HOME PARK, TRAILER PARK

26377 Us Hwy 70, Ruidoso Downs, NM 88346-9152

Value Estimation by Request
840 sqft
View details
26377 Us Hwy 70
MOBILE HOME PARK, TRAILER PARK

26377 Us Hwy 70, Ruidoso Downs, NM 88346-9152

Value Estimation by Request
1,216 sqft
View details
119 2nd Dr
MOBILE HOME PARK, TRAILER PARK

119 2nd Dr, Ruidoso Downs, NM 88346

Value Estimation by Request
728 sqft
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113 2nd Dr
MOBILE HOME PARK, TRAILER PARK

113 2nd Dr, Ruidoso Downs, NM 88346

Value Estimation by Request
840 sqft
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Harris Ln
MOBILE HOME PARK, TRAILER PARK

Harris Ln, Ruidoso Downs, NM 88346

Value Estimation by Request
624 sqft
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Harris Ln
MOBILE HOME PARK, TRAILER PARK

Harris Ln, Ruidoso Downs, NM 88346

Value Estimation by Request
624 sqft
View details
132 Service Ln
MOBILE HOME PARK, TRAILER PARK

132 Service Ln, Ruidoso Downs, NM 88346

Value Estimation by Request
720 sqft
View details
Ruidoso Downs, NM 88346
MOBILE HOME PARK, TRAILER PARK

Ruidoso Downs, NM 88346

Value Estimation by Request
600 sqft
View details
128 Service Ln
MOBILE HOME PARK, TRAILER PARK

128 Service Ln, Ruidoso Downs, NM 88346

Value Estimation by Request
720 sqft
View details
Ruidoso Downs, NM 88346
MOBILE HOME PARK, TRAILER PARK

Ruidoso Downs, NM 88346

Value Estimation by Request
980 sqft
View details

Lincoln County, NM Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Lincoln County, NM, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,455 square feet of properties for sale, with an estimated market value of $1,600,000.

Sale prices for multifamily properties in Lincoln County, NM start at $305,000, averaging $533,333, and reaching up to $990,000 — 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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