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    Milan, NM
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    Milan, NM Multifamily Properties for Sale

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    Grants, NM Ramah, NM Bluewater, NM
    Duplex in Milan, New Mexico
    $139,000
    1,922 SF
    Duplex in Milan, New Mexico

    701 Lava, Milan, NM 87021

    Versatile duplex with long-term renters, ideal for investment.
    • Duplex in Milan, NM with two separate units: 3 bedrooms/2 baths and 2 bedrooms/1 bath
    • Separate electric and gas meters for each unit for independent tenant utilities
    • Both units have long‑term renters in place
    • Includes a spacious lot with room to park a manufactured home for an additional income‑generating unit
    • Metal roof and swamp coolers for cooling; central forced‑air heating
    Updated: May 20, 2025
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    17-Unit Multifamily with Expandable Lot
    $1,000,000
    22,000 SF
    17-Unit Multifamily with Expandable Lot

    416 hwy 66, Milan, NM 87021

    Income-focused multifamily offering 17 units plus an additional house, with room for expansion on the property.
    • 17‑unit property plus an additional house on the same lot
    • Tile flooring
    Updated: Jun 12
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    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.

    Two-Story Multifamily Property
    $270,000
    2,600 SF
    Two-Story Multifamily Property

    Multifamily income property with multiple two-bedroom suites near I-40 access in Grants, NM.

    1276 Washington Avenue, Grants, NM 87020

    View details
    Updated Duplex with Two Residences
    $229,000
    Updated Duplex with Two Residences

    Two separate residences on one lot with recent renovations, supporting flexible living or rental arrangements.

    902 E Hill Avenue, Gallup, NM 87301

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    Remodeled Duplex in Mossman Area
    $275,000
    1,558 SF
    Remodeled Duplex in Mossman Area

    Turnkey investment opportunity: remodeled duplex with rental income.

    1904 Gladden Avenue, Gallup, NM 87301

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    Former Red Lion Redevelopment Opportunity
    $2,500,000
    183,757 SF
    Former Red Lion Redevelopment Opportunity

    Value-add opportunity in Grants, New Mexico off I-40.

    1501 E Santa Fe Ave, Grants, NM 87020

    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.

    Land in Rural New Mexico
    Contact for pricing
    12.22 Acres
    Land in Rural New Mexico

    12.22 acres with driveway, pad, fencing, and owner financing.

    27 Equestrian Lane Road, Quemado, NM 87829

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    Residential Land Lot with Wide Frontage
    Contact for pricing
    0.50 Acres
    Residential Land Lot with Wide Frontage

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

    2126 36th Street SW, Rio Rancho, NM 87124

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    Residential Land Lot
    Contact for pricing
    0.50 Acres
    Residential Land Lot

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

    2305 30th Street SW, Rio Rancho, NM 87124

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    Expansive Rio Rancho Land Parcel
    $56,900
    3.00 Acres
    Expansive Rio Rancho Land Parcel

    3-acre lot in Rio Rancho with private well.

    106 31st Street SW, Rio Rancho, NM 87124

    View details

    Milan, NM Multifamily Properties Investment Opportunities Market Analysis

    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 $1,139,000.

    Sale prices for multifamily properties in Milan, NM start at $139,000, averaging $569,500, and reaching up to $1,000,000 — 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 $139K

    Listings Trend

    New vs delisted commercial listings in Cibola County

    New Delisted

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