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    Milan, NM
    Multifamily

    Milan, NM Multifamily Properties for Sale

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    Grants, NM Prewitt, NM Ramah, NM Bluewater, NM San Fidel, NM Chama, NM Thoreau, NM
    Apartment Property With House
    Updated: Jun 12
    Apartment Property With House

    416 hwy 66, Milan, NM 87021

    $865,000
    22,000 sqft
    17 units plus a house on the lot
    22,000 square feet of property area
    Tile flooring
    Located at 416 Hwy 66, Milan, NM 87021
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    Duplex with Separate Utilities
    Updated: May 20, 2025
    Duplex with Separate Utilities

    701 Lava, Milan, NM 87021

    $139,000
    1,922 sqft 0.38 AC lot
    Two‑unit property totaling 1,922 square feet
    Unit mix includes 3 bedrooms/2 bathrooms and 2 bedrooms/1 bathroom
    Both units have long‑term renters in place
    Separate electric and gas meters serve the two residences
    0.38‑acre lot includes space for a manufactured home
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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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Milan, 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.

    Fourplex with Individual Storage
    Fourplex with Individual Storage

    483 Vancouver Road SE, Rio Rancho, NM 87124

    $600,000
    3,433 sqft 0.46 AC lot

    Fully occupied multifamily property with four residential units, private backyards, laundry hookups, and individual storage.

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    Renovated Apartment Building
    Renovated Apartment Building

    201 Lincoln Avenue, Grants, NM 87020

    $1,100,000
    7,090 sqft 0.40 AC lot

    Renovated apartments feature updated finishes, laundry hookups, and access to a secure gated courtyard.

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    Fully Occupied Fourplex with Corner Lot
    Fully Occupied Fourplex with Corner Lot

    483 Vancouver Road SE, Rio Rancho, NM 87124

    $600,000
    3,433 sqft

    Four two-bedroom apartments offer private backyards, laundry hookups, and individual storage.

    View details
    Single-Story Triplex with Tile Floors
    Single-Story Triplex with Tile Floors

    1000 Sage Street, Grants, NM 87020

    $170,000
    1,800 sqft 0.15 AC lot

    Three one-bedroom residences feature kitchens, bathrooms, and ceiling fans in a compact income-property configuration.

    View details

    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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