Los Ranchos, NM Multifamily Properties for Sale

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Rio Rancho, NM Corrales, NM Tijeras, NM Cedar Crest, NM Bosque Farms, NM Bernalillo, NM Peralta, NM Los Lunas, NM

88 properties

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Updated: May 13

Albuquerque Multifamily Investment Opportunity

3505 Lafayette Drive NE, Albuquerque, NM 87107

$950,000

9,100 sqft 0.38 AC lot

7‑apartment townhome‑style building with two‑story 2‑bedroom, 1.5‑bath floorplans
Each apartment offers 1,300 SF of living space with large living areas and woodburning stoves
Updated kitchens include dishwashers and electric ranges
Separate large utility rooms feature washer/dryer hookups or an included washer/dryer
Apartments are separately metered for gas and electric and have forced central heating

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3505 Lafayette Drive NE, Albuquerque, NM 87107

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Est. Cap Rate

8.1%
Above avg (5.9%)
Est. NOI

$77K
Annual
Mortgage

$690K
Mar 2020
Property Type

Residential Income
Built 1978

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Updated: Jun 29

Nine-Unit Multifamily Property

6720 Cochiti Road SE, Albuquerque, NM 87108

$579,000

4,300 sqft 0.31 AC lot

Nine‑unit multifamily property near Albuquerque’s historic State Fair / EXPO NM
About 400 feet due south of the center of the current State Fair grounds
Construction materials include block, frame, and stucco
Tile flooring
Year built: 1950

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Remodeled Fourplex with Private Yards

12608 Copper Avenue NE, Albuquerque, NM 87123

$549,000

3,571 sqft 0.22 AC lot

Turnkey fourplex offering four remodeled 2-bedroom units with private fenced yards, washer/dryer hookups, and individually metered utilities.

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Updated 32-Unit Apartment Complex

433 Mesilla SE, Albuquerque, NM 87108

$2,323,232

14,660 sqft

Recently renovated multi-family complex with 32 mostly one-bedroom units across two buildings on four parcels.

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Soft-Gated Multifamily Community

8600 Zuni Road SE, Albuquerque, NM 87108

$1,793,434

16,020 sqft 1.00 AC lot

Well-maintained apartments with modern upgrades, secured outdoor areas, and a large community laundry room with free machines.

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Quadplex Residential Income Property

1928 Buena Vista Drive SE, Albuquerque, NM 87106

$528,895

3,816 sqft 0.14 AC lot

Four-unit residential income property offered for sale in Albuquerque’s 87106 area.

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Albuquerque Fourplex with Laundry

3609 Wellesley Drive NE, Albuquerque, NM 87107

$641,829

4,194 sqft 0.20 AC lot

Fourplex with two-bedroom units and in-unit laundry.

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Spacious Updated Townhome-Style Apartments

3505-09 Lafayette NE, Albuquerque, NM 87107

$950,000

9,100 sqft

Seven updated townhome-style apartments in a convenient Albuquerque location.

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Updated 7-Unit Apartment Compound

1003-1005 Carlisle Boulevard SE, Albuquerque, NM 87106

$1,008,490

4,805 sqft 0.18 AC lot

For sale includes a four-plex and tri-plex packaged on two parcels at 1003–1005 Carlisle Boulevard SE.

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Multifamily Income Property

321 Wayne Road NW, Los Ranchos, NM 87114

$749,000

650 sqft 0.57 AC lot

For sale residential income property on Wayne Road NW in Los Ranchos, NM, with a 0.57-acre lot.

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Updated Apartment Community with Laundry

8600 Zuni SE, Albuquerque, NM 87108

$1,793,434

15,325 sqft

Twenty-five updated units with secure shared outdoor space and an on-site community laundry room.

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Duplex with Gated Entry

1913 Lomas Boulevard NW, Albuquerque, NM 87104

$619,900

1,613 sqft 0.25 AC lot

Two updated adobe homes on one lot with thick walls, wood floors, private gated entrance, and ample parking.

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UNM Area Apartment Complex

2104 Lead Avenue SE, Albuquerque, NM 87106

$619,887

2,670 sqft 0.16 AC lot

Eight-unit apartment complex near UNM, CNM, and Presbyterian Hospital.

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University Area Apartment Eightplex

2104 Lead SE, Albuquerque, NM 87106

$619,887

2,670 sqft

Eight units mix studios and one-bedroom apartments with updates for energy efficiency and parking by each entry.

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Turnkey Tri-Plex with Private Entrances

508 Walter Street SE, Albuquerque, NM 87102

$549,000

1,372 sqft 0.12 AC lot

Three 1-bedroom units with private entrances, off-street parking, and a fenced yard make this a strong rental-focused buy.

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Updated UNM 4-Plex Residence

1005 Carlisle Boulevard SE, Albuquerque, NM 87106

$524,495

2,640 sqft 0.10 AC lot

Updated 4-plex with modernized 1 bed, 1 bath units featuring in-unit washer/dryer and private yard spaces.

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South Campus Area Fourplex

1809 Girard SE, Albuquerque, NM 87106

$547,931

3,100 sqft

Fourplex near UNM with golf course views.

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Albuquerque Multifamily Investment Opportunity

1809 Girard Boulevard SE, Albuquerque, NM 87106

$547,931

3,100 sqft 0.18 AC lot

Four modernized apartments with golf course views in Albuquerque.

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Fully Stabilized Furnished Multifamily

511 Spruce Street Southeast, Albuquerque, NM 87106

$850,000

3,749 sqft

Fully occupied multifamily with furnished units and renovations including new roofs, HVAC, appliances, and updated interiors.

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Three-Building Multifamily Property

807 8th Street NW, Albuquerque, NM 87102

$990,000

3,201 sqft 0.20 AC lot

Three buildings with 13 parking spaces and separately metered gas/electric for multiple units.

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Downtown Albuquerque Fourplex Opportunity

907 Coal Ave SW, Albuquerque, NM 87102

$530,000

3,135 sqft

Fourplex near downtown Albuquerque with diverse unit layouts.

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Corner Lot Single-Story Fourplex

12129 Menaul Boulevard NE, Albuquerque, NM 87112

$575,000

3,072 sqft 0.19 AC lot

Four 2-bedroom, 1-bath units on one level, with onsite laundry and off-street parking.

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Retail Building and Condominium Property

9368 Valley View Drive NW, Albuquerque, NM 87114

$5,500,000

5,046 sqft

High-traffic corridor retail space leased to Anytime Fitness, paired with 13 two-bedroom, 2.5-bath condominium units behind.

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Duplex with Two 1BR Units

1407,1409 Hazeldine Avenue SE, Albuquerque, NM 87106

$349,900

1,407 sqft 0.13 AC lot

Duplex offers two 1BR/1BA units with in-unit appliances, flex spaces, and a shared backyard near Roosevelt Park.

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Los Ranchos, NM Multifamily Properties Market Trends and Statistics

Explore 88 multifamily properties for sale in Los Ranchos, NM, showcased through 88 active listings on our real estate platform. These investment opportunities span a total of 411,369 square feet of properties for sale, with an estimated market value of $70,786,580.

Sale prices for multifamily properties in Los Ranchos, NM start at $225,000, averaging $1,011,236, and reaching up to $5,500,000 — 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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Demographics Overview

Population 97K

Population Growth (5Y) -5.2%

Median Household Income $75,620

College Educated 56.3%

Listings Trend

New vs delisted commercial listings in Bernalillo County

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