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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 Budaghers, NM Algodones, NM Stanley, NM Pena Blanca, NM Sandia Park, 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 one‑bedroom apartment, and 477‑square‑foot casita
    3,723 square feet on 0.18 acres
    New roof plus electrical and plumbing updates
    Courtyards separate the rear casita from the main building
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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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Madrid, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Equestrian Compound with Three Residences
    Equestrian Compound with Three Residences

    54 Rons Road, Santa Fe, NM 87508

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

    Rural Residential property includes an indoor arena, heated pool, and private well.

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    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.

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

    4 Camino Charro, Santa Fe, NM 87507

    $735,000
    6,460 sqft 1.00 AC lot

    Multifamily property featuring three units on approximately one acre.

    View details
    Triplex with Covered Parking
    Triplex with Covered Parking

    124 Turquoise Trail, Santa Fe, NM 87508

    $465,000
    2,125 sqft 5.05 AC lot

    Three separate apartments feature open layouts, private kitchens, and ductless heating and cooling.

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    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

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    Total CRE Inventory on Market (SF)

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

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