Sandoval County, NM Multifamily Properties for Sale

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Albuquerque, NM Santa Fe, NM Las Cruces, NM Rio Rancho, NM Farmington, NM Santa Teresa, NM Taos, NM Belen, NM

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Updated: May 13

Albuquerque Multifamily Investment Opportunity

3505 Lafayette Drive NE, Albuquerque, NM 87107

$950,000

9,100 sqft 0.38 AC lot

7‑apartment townhome‑style building with two‑story 2‑bedroom, 1.5‑bath floorplans
Each apartment offers 1,300 SF of living space with large living areas and woodburning stoves
Updated kitchens include dishwashers and electric ranges
Separate large utility rooms feature washer/dryer hookups or an included washer/dryer
Apartments are separately metered for gas and electric and have forced central heating

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3505 Lafayette Drive NE, Albuquerque, NM 87107

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Est. Cap Rate

8.1%
Above avg (5.9%)
Est. NOI

$77K
Annual
Mortgage

$690K
Mar 2020
Property Type

Residential Income
Built 1978

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Updated: Jun 29

Nine-Unit Multifamily Property

6720 Cochiti Road SE, Albuquerque, NM 87108

$579,000

4,300 sqft 0.31 AC lot

Nine‑unit multifamily property near Albuquerque’s historic State Fair / EXPO NM
About 400 feet due south of the center of the current State Fair grounds
Construction materials include block, frame, and stucco
Tile flooring
Year built: 1950

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Restored Adobe Duplex Property

1913 Lomas Boulevard NW, Albuquerque, NM 87104

$619,900

1,613 sqft 0.25 AC lot

Own two lovingly restored adobe homes with updated kitchens and baths, currently operating as short-term rentals.

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Downtown Albuquerque Fourplex Opportunity

907 Coal Ave SW, Albuquerque, NM 87102

$530,000

3,135 sqft

Fourplex near downtown Albuquerque with diverse unit layouts.

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Three-Building Multifamily Property

807 8th Street NW, Albuquerque, NM 87102

$990,000

3,201 sqft 0.20 AC lot

Three buildings with 13 parking spaces and separately metered gas/electric for multiple units.

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Remodeled Fourplex with Private Yards

12608 Copper Avenue NE, Albuquerque, NM 87123

$549,000

3,571 sqft 0.22 AC lot

Turnkey fourplex offering four remodeled 2-bedroom units with private fenced yards, washer/dryer hookups, and individually metered utilities.

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Multi-Family 8-Unit Portfolio

309-313 Geraldine Loop SE, Rio Rancho, NM 87124

$1,030,000

6,684 sqft 0.57 AC lot

Two separately parceled 4-plex buildings totaling eight 2-bedroom, 1-bath units are offered for sale together.

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Historic Route 66 Ranch Home

24 Matisse Road, Albuquerque, NM 87123

$1,249,000

8,134 sqft 10.70 AC lot

Historic Route 66 ranch on 10.7 acres with casitas.

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Two-Plex 8-Unit Apartment Portfolio

55-65 Darlene Road SE, Rio Rancho, NM 87124

$1,030,000

6,620 sqft 0.41 AC lot

For sale: two separately parceled 4-plex buildings totaling eight 2-bedroom, 1-bath units.

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Soft-Gated Multifamily Community

8600 Zuni Road SE, Albuquerque, NM 87108

$1,793,434

16,020 sqft 1.00 AC lot

Well-maintained apartments with modern upgrades, secured outdoor areas, and a large community laundry room with free machines.

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Updated 32-Unit Apartment Complex

433 Mesilla SE, Albuquerque, NM 87108

$2,323,232

14,660 sqft

Recently renovated multi-family complex with 32 mostly one-bedroom units across two buildings on four parcels.

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Quadplex Residential Income Property

1928 Buena Vista Drive SE, Albuquerque, NM 87106

$528,895

3,816 sqft 0.14 AC lot

Four-unit residential income property offered for sale in Albuquerque’s 87106 area.

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UNM Area Apartment Complex

2104 Lead Avenue SE, Albuquerque, NM 87106

$619,887

2,670 sqft 0.16 AC lot

Eight-unit apartment complex near UNM, CNM, and Presbyterian Hospital.

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Multifamily Property with Strong Upside

1225, 1237 Menaul Blvd NW, Albuquerque, NM, USA, Albuquerque, NM 87107

$1,125,000

6,800 sqft

Fully occupied multifamily property with renovated units and rent upside.

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Albuquerque Fourplex with Laundry

3609 Wellesley Drive NE, Albuquerque, NM 87107

$641,829

4,194 sqft 0.20 AC lot

Fourplex with two-bedroom units and in-unit laundry.

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Duplex-Style Home with Detached Casita

1606 Roma Avenue NE, Albuquerque, NM 87106

$890,000

3,978 sqft 0.15 AC lot

Two living areas plus a private, detached casita offer flexible layouts for owner-occupants or income-focused households.

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Spacious Updated Townhome-Style Apartments

3505-09 Lafayette NE, Albuquerque, NM 87107

$950,000

9,100 sqft

Seven updated townhome-style apartments in a convenient Albuquerque location.

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Updated 7-Unit Apartment Compound

1003-1005 Carlisle Boulevard SE, Albuquerque, NM 87106

$1,008,490

4,805 sqft 0.18 AC lot

For sale includes a four-plex and tri-plex packaged on two parcels at 1003–1005 Carlisle Boulevard SE.

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Multifamily Investment in Albuquerque

313-315 Iron Ave. SW, Albuquerque, NM 87102

$1,000,000

5,603 sqft

5,603 SF building with 9 units and 100% occupancy.

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Downtown Albuquerque Fourplex For Sale

907 Coal Avenue SW, Albuquerque, NM 87102

$530,000

3,135 sqft 0.15 AC lot

Fourplex near downtown Albuquerque restaurants, shops, and cultural amenities.

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Updated Apartment Community with Laundry

8600 Zuni SE, Albuquerque, NM 87108

$1,793,434

15,325 sqft

Twenty-five updated units with secure shared outdoor space and an on-site community laundry room.

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Mixed-Use Investment Opportunity, Albuquerque

9368 Valley View Drive NW, Albuquerque, NM 87114

$5,500,000

5,046 sqft 0.88 AC lot

Mixed-use property with retail and residential income streams.

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University Area Apartment Eightplex

2104 Lead SE, Albuquerque, NM 87106

$619,887

2,670 sqft

Eight units mix studios and one-bedroom apartments with updates for energy efficiency and parking by each entry.

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Turnkey Tri-Plex with Private Entrances

508 Walter Street SE, Albuquerque, NM 87102

$549,000

1,372 sqft 0.12 AC lot

Three 1-bedroom units with private entrances, off-street parking, and a fenced yard make this a strong rental-focused buy.

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Sandoval County, NM Multifamily Properties Market Trends and Statistics

Explore 78 multifamily properties for sale in Sandoval County, NM, showcased through 78 active listings on our real estate platform. These investment opportunities span a total of 396,688 square feet of properties for sale, with an estimated market value of $75,713,580.

Sale prices for multifamily properties in Sandoval County, NM start at $225,000, averaging $1,081,622, and reaching up to $5,500,000 — 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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