Multifamily

Los Lunas, NM Multifamily Properties for Sale

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Belen, NM Peralta, NM Bosque Farms, NM Las Cruces, NM Los Chavez, NM Tome, NM Albuquerque, NM Jarales, NM
Quadplex with Expansion Acreage
Updated: Jan 30
Quadplex with Expansion Acreage

1345-1351 LOS LENTES Road NE, Los Lunas, NM 87031

$600,000
3,240 sqft 0.68 AC lot
Four‑unit quadplex totaling 3,240 square feet
Each residence includes 2 bedrooms and 1 bathroom
0.68‑acre site with open acreage and room for additional units
Month‑to‑month rental arrangements
Freestanding gas ranges and refrigerators in the units
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C-1 Zoned Duplex Property
Updated: Nov 20, 2025
C-1 Zoned Duplex Property

102-104 Nathan Court, Los Lunas, NM 87031

$650,000
1,846 sqft 4.60 AC lot
Approximately 4.6 acres with a 1,846‑square‑foot duplex
C‑1 Commercial zoning
Four bedrooms and two bathrooms
Built in 2008
Public water and public sewer
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C-1 Zoned Duplex
C-1 Zoned Duplex

102-104 Nathan Court, Los Lunas, NM 87031

$650,000
1,846 sqft 4.60 AC lot

Two-unit property with public utilities, natural-gas forced-air heating, and commercial zoning for flexible use potential.

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See what stands out in Valencia County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Four-Unit Apartment Property
Four-Unit Apartment Property

1345-1351 Los Lentes Rd NE, Los Lunas, NM 87031

$600,000
3,240 sqft

Four residential units offer two-bedroom layouts with month-to-month rental arrangements.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Los Lunas, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Three-Home Multifamily Property
Three-Home Multifamily Property

19649 Highway 314, Belen, NM 87002

$649,950
1,338 sqft 3.19 AC lot

Includes a detached house and two single-wide dwellings with month-to-month occupancy.

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Multifamily Property with Three Homes
Multifamily Property with Three Homes

19649 Highway 314, Belen, NM 87002

$649,950
1,338 sqft 3.19 AC lot

Three rented residences on a highway-frontage parcel with a billboard and month-to-month occupancy.

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Short-Term Rental Property with Owner's Unit
Short-Term Rental Property with Owner's Unit

2404 Cunningham Avenue SE, Albuquerque, NM 87106

$495,000
1,930 sqft 0.17 AC lot

Furnished short-term rental setup with a separate primary suite and private outdoor space in Mesa Del Sol.

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Multifamily Supportive Housing Facility
Multifamily Supportive Housing Facility

305 Lagunitas Road SW, Albuquerque, NM 87105

Contact for pricing
5,860 sqft 0.52 AC lot

Configured for communal residential living with ADA-accessible improvements, shared spaces, offices, and a commercial-style kitchen.

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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.

Los Lunas Land Near Electric
Los Lunas Land Near Electric

Duarte Lot 3, Los Lunas, NM 87031

$42,000
1.99 AC lot

1.99 AC lot near Hwy 6 with electric access.

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Los Lunas Land For Sale
Los Lunas Land For Sale

76 Duarte Road, Los Lunas, NM 87031

$42,000
2.03 AC lot

2.03 AC lot ready for mobile home or house.

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Land Available in Belen, NM
Land Available in Belen, NM

Somerset Street, Belen, NM 87002

$49,000
32,670.00 AC lot

Residential lots available for builders or individual home construction.

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Belen, NM Land For Sale
Belen, NM Land For Sale

50 Ogaz Road, Belen, NM 87002

$200,000
4.99 AC lot

4.99 acres of fenced land with well in place.

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Los Lunas, NM Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Los Lunas, NM, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 10,172 square feet of properties for sale, with an estimated market value of $2,500,000.

Sale prices for multifamily properties in Los Lunas, NM start at $600,000, averaging $625,000, and reaching up to $650,000 — 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
Quadplexes 2

Demographics Overview

Population 46K
Population Growth (5Y) +4.0%
Median Household Income $61,947
College Educated 31.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
87031 $625K

Taxes & Financing

Tax Rate (average for all types) 3.30%
Property Tax per SF $57.17 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Valencia County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Los Lunas fall within the 10,000 to 25,000 square foot range.

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