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    Milan, NM
    Multifamily

    Milan, NM Multifamily Properties for Sale

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    Grants, NM Prewitt, NM Bluewater, NM San Fidel, NM Thoreau, NM
    Multifamily Property with House
    Updated: Jun 12
    Multifamily 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‑foot property
    Zoning designation: Y11
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    Duplex with Separate Utility Meters
    Updated: May 20, 2025
    Duplex with Separate Utility Meters

    701 Lava, Milan, NM 87021

    $139,000
    1,922 sqft 0.38 AC lot
    Two residences with 3 bedrooms and 2 bathrooms, and 2 bedrooms and 1 bathroom
    1,922 square feet; built in 1977
    0.38‑acre lot with room to park a manufactured home
    Separate electric and gas meters for each residence
    Swamp coolers and metal roof
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    2 active listings match your search: Multifamily for sale in Milan, NM. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

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

    10-Unit Apartment Building
    10-Unit Apartment Building

    201 Lincoln Avenue, Grants, NM 87020

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

    A gated courtyard and property-wide mini-split HVAC serve the apartment community.

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    Duplex with Detached Rear Residence
    Duplex with Detached Rear Residence

    915 E Green, Gallup, NM 87301

    $315,000
    2,100 sqft

    A remodeled main home is paired with a separate rear residence for flexible living arrangements.

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    Triplex with In-Unit Laundry
    Triplex with In-Unit Laundry

    502 E Green Avenue, Gallup, NM 87301

    $325,000
    3,000 sqft

    All three units are rented, and each has washer and dryer hookups.

    View details
    Renovated Apartment Building with TPO Roofs
    Renovated Apartment Building with TPO Roofs

    1035 E High St, Grants, NM 87020

    $1,350,000
    14,850 sqft

    Most units remodeled with new VCT flooring, paint, and updated kitchens; all roofs replaced with TPO within five years.

    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

    How Realmo verifies these figures

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