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    Ruidoso, NM
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    Ruidoso, NM Multifamily Properties for Sale

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    Alto, NM Ruidoso Downs, NM Capitan, NM Lincoln, NM Carrizozo, NM
    9-Unit Condominium Portfolio
    Updated: Oct 21
    9-Unit Condominium Portfolio

    200 Granite Drive, Ruidoso, NM 88345

    $1,850,000
    10,845 sqft
    Nine condominium units, all leased
    10,845 SF total; each residence is 1,205 SF
    Seven 2‑bedroom/2‑bathroom units and two 3‑bedroom/2‑bathroom units
    Split‑level residences feature private garages, foyers, fireplaces, vaulted ceilings, and decks
    Metal roofs and new garage doors
    View details
    12-Unit Two-Level Apartment Building
    Updated: Jun 29, 2025
    12-Unit Two-Level Apartment Building

    106 Granite Dr, Ruidoso, NM 88345

    $2,500,000
    14,336 sqft
    12 fully leased condominium units
    Approved potential for 13 additional units, for a total of 25
    14,336 square feet of property size
    Two‑level layouts with 2 bedrooms per unit
    Each unit includes a fireplace and deck
    View details
    Redevelopment Lodge with 16 Units
    Redevelopment Lodge with 16 Units

    107 El Paso Road, Ruidoso, NM 88345

    $650,000

    Redevelopment-ready property with updated building systems and finish-to-suit options for hospitality, apartments, or office uses.

    View details
    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
    Based on your search, we've compiled 35 Potential Opportunities for your consideration. Besides 3 Active listings in Ruidoso, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 28 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Fenced RV Park With Workshop
    Fenced RV Park With Workshop

    26339 Us Highway 70, Ruidoso Downs, NM 88346

    $349,000
    1,945 sqft

    Combined rental accommodations, workshop space, laundry facilities, and enclosed areas create a varied property configuration.

    View details
    Mobile Home and RV Park
    Mobile Home and RV Park

    301 Harris Ln, Ruidoso Downs, NM 88346

    $575,000
    1.70 AC lot

    Fully occupied income property with seller-owned units included in the transfer.

    View details
    Manufactured Housing Community
    Manufactured Housing Community

    La Luz, NM 88337

    $1,300,000
    3.46 AC lot

    Ten renovated homes are fully occupied, with separately metered electric service and community water.

    View details
    Manufactured Housing Community
    Manufactured Housing Community

    La Luz, NM 88337

    $1,300,000
    3.46 AC lot

    Renovated, fully occupied homes generate rental income, with separately metered electric and community water service.

    View details

    Off-Market Properties in Ruidoso, NM

    Consider similar Off-Market properties in Ruidoso, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    138 Paradise Canyon Dr
    Multifamily properties

    138 Paradise Canyon Dr, Ruidoso, NM 88345

    Estimated value: by Request
    1,622 sqft 0.95 AC lot
    View details
    101 Ct
    Multifamily properties

    101 Ct, Ruidoso, NM 88345

    Estimated value: by Request
    15,052 sqft
    View details
    Twin Spruce Ln
    MOBILE HOME PARK, TRAILER PARK

    Twin Spruce Ln, Ruidoso, NM 88345

    Estimated value:
    $320,000
    3.53 AC lot
    View details
    120 Service Rd
    MOBILE HOME PARK, TRAILER PARK

    120 Service Rd, Ruidoso, NM 88345-6045

    Estimated value:
    $250,000
    840 sqft
    View details
    122 Service Rd
    MOBILE HOME PARK, TRAILER PARK

    122 Service Rd, Ruidoso, NM 88345

    Estimated value:
    $270,000
    924 sqft
    View details
    115 Robin Rd
    MOBILE HOME PARK, TRAILER PARK

    115 Robin Rd, Ruidoso, NM 88345-6233

    Estimated value:
    $245,000
    768 sqft
    View details
    206 Gavilan Cyn Rd
    MOBILE HOME PARK, TRAILER PARK

    206 Gavilan Cyn Rd, Ruidoso, NM 88345-6159

    Estimated value:
    $340,000
    1,280 sqft
    View details
    200 Gavilan Cyn Rd
    MOBILE HOME PARK, TRAILER PARK

    200 Gavilan Cyn Rd, Ruidoso, NM 88345-6077

    Estimated value:
    $250,000
    980 sqft
    View details
    400 Gavilan Cyn Rd
    MOBILE HOME PARK, TRAILER PARK

    400 Gavilan Cyn Rd, Ruidoso, NM 88345-6059

    Estimated value:
    $415,000
    1,680 sqft
    View details
    200 Gavilan Cyn Rd
    MOBILE HOME PARK, TRAILER PARK

    200 Gavilan Cyn Rd, Ruidoso, NM 88345-6077

    Estimated value:
    $270,000
    924 sqft
    View details
    206 Gavilan Cyn Rd
    MOBILE HOME PARK, TRAILER PARK

    206 Gavilan Cyn Rd, Ruidoso, NM 88345-6159

    Estimated value:
    $350,000
    1,280 sqft
    View details
    115 2nd St
    MOBILE HOME PARK, TRAILER PARK

    115 2nd St, Ruidoso, NM 88345-7528

    Estimated value:
    $255,000
    1,064 sqft
    View details
    2nd St
    MOBILE HOME PARK, TRAILER PARK

    2nd St, Ruidoso, NM 88345

    Estimated value:
    $250,000
    840 sqft
    View details
    115 Robin Rd Trlr, Unit 8
    MOBILE HOME PARK, TRAILER PARK

    115 Robin Rd Trlr, Ruidoso, NM 88345-6233

    Unit 8
    Estimated value:
    $255,000
    672 sqft
    View details
    Ruidoso, NM 88345
    MOBILE HOME PARK, TRAILER PARK

    Ruidoso, NM 88345

    Estimated value:
    $290,000
    1,216 sqft
    View details
    Allison Ln
    MOBILE HOME PARK, TRAILER PARK

    Allison Ln, Ruidoso, NM 88345

    Estimated value:
    $265,000
    784 sqft
    View details
    Ruidoso, NM 88345
    MOBILE HOME PARK, TRAILER PARK

    Ruidoso, NM 88345

    Estimated value:
    $250,000
    980 sqft
    View details
    Ruidoso, NM 88345
    MOBILE HOME PARK, TRAILER PARK

    Ruidoso, NM 88345

    Estimated value:
    $280,000
    840 sqft
    View details
    Ruidoso, NM 88345
    MOBILE HOME PARK, TRAILER PARK

    Ruidoso, NM 88345

    Estimated value:
    $355,000
    1,280 sqft
    View details
    Ruidoso, NM 88345
    MOBILE HOME PARK, TRAILER PARK

    Ruidoso, NM 88345

    Estimated value:
    $275,000
    1,120 sqft
    View details
    Ruidoso, NM 88345
    MOBILE HOME PARK, TRAILER PARK

    Ruidoso, NM 88345

    Estimated value:
    $245,000
    952 sqft
    View details

    Ruidoso, NM Multifamily Properties Market Trends and Statistics

    Explore 31 multifamily properties for sale in Ruidoso, NM, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 25,181 square feet of properties for sale, with an estimated market value of $5,000,000.

    Sale prices for multifamily properties in Ruidoso, NM start at $650,000, averaging $1,666,666, and reaching up to $2,500,000 — 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 3

    Demographics Overview

    Population 8,005
    Population Growth (5Y) -8.0%
    Median Household Income $51,008
    College Educated 23.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    88345 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 2.90%
    Property Tax per SF $0.12 per SF
    Tax Rate vs County Average 0.36 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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