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    Madrid, NM
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    Madrid, NM Multifamily Properties for Sale

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    Santa Fe, NM Lamy, NM Galisteo, NM Algodones, NM Budaghers, NM Stanley, NM Pena Blanca, NM Placitas, NM
    Mixed-Use Property with Storefront
    Updated: Aug 6
    Mixed-Use Property with Storefront

    2864 NM 14, Cerrillos, NM 87010

    $540,000
    3,723 sqft 0.18 AC lot
    Approximately 1,400‑square‑foot storefront
    Three residential spaces: 320‑square‑foot studio, 612‑square‑foot apartment, and 477‑square‑foot casita
    3,723 square feet on 0.18 acres
    Courtyards separate the rear casita from the main building
    New roof with electrical and plumbing updates
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    This listing looks promising.

    Here's a quick look at some key insights for

    2864 NM 14, Cerrillos, NM 87010

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $47K
      Annual

    • Price @ 7% Cap

      $675K
      Above asking
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Madrid, 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.

    Equestrian Compound with Indoor Riding Arena
    Equestrian Compound with Indoor Riding Arena

    54 Rons Road, Santa Fe, NM 87508

    $1,210,000
    5,975 sqft 9.36 AC lot

    Equestrian compound on Rural Residential land with a private well, septic service, and an indoor riding arena.

    View details
    Triplex with Ductless HVAC and Carport
    Triplex with Ductless HVAC and Carport

    124 Turquoise Trail, Santa Fe, NM 87508

    $465,000
    2,125 sqft 5.05 AC lot

    Triplex zoned R-1 through 6 featuring ductless heating/cooling in each unit and a covered carport.

    View details
    Multifamily Property in Santa Fe
    Multifamily Property in Santa Fe

    4 Camino Charro, Santa Fe, NM 87507

    Contact for pricing
    6,460 sqft 1.00 AC lot

    Multifamily property featuring three units on approximately one acre.

    View details
    Multifamily Unit for Sale
    Multifamily Unit for Sale

    41 Bisbee Court Unit A-4, Santa Fe, NM 87508

    Contact for pricing

    For-sale multifamily unit identified as Unit A-4 at 41 Bisbee Court.

    View details

    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.

    Cedar Crest Land with Views
    Cedar Crest Land with Views

    Melcor De Canoncito, Cedar Crest, NM 87008

    $275,000
    11.40 AC lot

    11.4 acres in Cedar Crest with buildable areas.

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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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    Rio Rancho Land Opportunity
    Rio Rancho Land Opportunity

    612 Inca Road SE, Rio Rancho, NM 87124

    $30,000
    0.50 AC lot

    Half-acre lot in growing area, investment potential.

    View details
    Rio Rancho Land Parcel
    Rio Rancho Land Parcel

    608 Inca Road SE, Rio Rancho, NM 87124

    $30,000
    0.50 AC lot

    Half-acre lot in growing Rio Rancho area.

    View details

    Madrid, NM Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Madrid, NM on our real estate platform. These investment opportunities span a total of 3,723 square feet of properties for sale, with an estimated market value of $540,000.

    Sale prices for multifamily properties in Madrid, NM average $540,000 — 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 1,147
    Population Growth (5Y) +13.6%
    Median Household Income $45,490
    College Educated 84.5%

    Listings Trend

    New vs delisted commercial listings in Santa Fe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Santa Fe County

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