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    Milan, NM
    Multifamily

    Milan, NM Multifamily Properties for Sale

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    Grants, NM San Rafael, NM Thoreau, NM Bluewater, NM Ramah, NM
    Multifamily Property with Additional House
    Updated: Jun 12
    Multifamily Property with Additional House

    416 hwy 66, Milan, NM 87021

    $865,000
    22,000 sqft
    17‑unit property plus an additional house on the same lot
    Tile flooring
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    Duplex with Two Rental Units
    Updated: May 20, 2025
    Duplex with Two Rental Units

    701 Lava, Milan, NM 87021

    $139,000
    1,922 sqft 0.38 AC lot
    Two rental units with separate electric and gas meters
    3‑bedroom, 2‑bath unit plus 2‑bedroom, 1‑bath unit
    Forced air and central heating with swamp coolers
    0.38‑acre lot with space for manufactured‑home parking
    Metal roof, frame and stucco construction
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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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Milan, 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.

    Triplex with In-Unit Washer/Dryer Hookups
    Triplex with In-Unit Washer/Dryer Hookups

    502 E Green Avenue, Gallup, NM 87301

    $325,000
    3,000 sqft 0.16 AC lot

    Triplex with in-unit washer and dryer hookups, propane heating, and window-unit cooling.

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    RV Park With Service Building
    RV Park With Service Building

    1708 Zuni Canyon Rd, Grants, NM 87020

    Contact for pricing

    RV park property includes a 50-by-30 service building with recent pro-panel roofing and multiple shower bathrooms.

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    Updated Multifamily Building
    Updated Multifamily Building

    730 2nd St, Grants, NM 87020

    Contact for pricing

    Updated multifamily property with a 10-unit flex configuration and reported good rental history.

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    Multi-Unit Residential Income Property
    Multi-Unit Residential Income Property

    105 E Logan Ave, Gallup, NM 87301

    Contact for pricing

    Multi-unit residential income property on a spacious lot, just a few blocks from downtown Gallup.

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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.

    Residential Land Lot with Wide Frontage
    Residential Land Lot with Wide Frontage

    2126 36th Street SW, Rio Rancho, NM 87124

    Contact for pricing
    0.50 AC lot

    A half-acre residential lot in Rio Rancho with a wide front line and permission for manufactured homes pending county requirements.

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    Residential Land Lot
    Residential Land Lot

    2305 30th Street SW, Rio Rancho, NM 87124

    Contact for pricing
    0.50 AC lot

    Half-acre lot in Rio Rancho with 80' frontage, suitable for manufactured homes pending county criteria.

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    Expansive Rio Rancho Land Parcel
    Expansive Rio Rancho Land Parcel

    106 31st Street SW, Rio Rancho, NM 87124

    $56,900
    3.00 AC lot

    3-acre lot in Rio Rancho with private well.

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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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    Milan, NM Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Milan, NM on our real estate platform. These investment opportunities span a total of 23,922 square feet of properties for sale, with an estimated market value of $1,004,000.

    Sale prices for multifamily properties in Milan, NM start at $139,000, averaging $502,000, and reaching up to $865,000 — 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

    Apartment buildings 1
    Duplexes 1

    Demographics Overview

    Population 3,164
    Median Household Income $39,041
    College Educated 10.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    87021 $502K

    Listings Trend

    New vs delisted commercial listings in Cibola County

    New Delisted

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