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    Santa Cruz, NM
    Multifamily

    Santa Cruz, NM Multifamily Properties for Sale

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    Espanola, NM El Llano, NM La Mesilla, NM Chimayo, NM Hernandez, NM Pojoaque, NM Santa Fe, NM Chamita, NM
    Seven-Unit Apartment Property
    Updated: Jul 11, 2025
    Seven-Unit Apartment Property

    1004 State Road 76, Santa Cruz, NM 87567

    $1,023,993
    5,741 sqft 1.15 AC lot
    Seven apartment units totaling 5,741 square feet
    12 bedrooms and 7 bathrooms across the property
    1.15‑acre site in Santa Cruz, NM
    Built in 1945 with adobe, block, frame, and stucco construction
    Laundry available within units or shared between two units
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    This listing looks promising.

    Here's a quick look at some key insights for

    1004 State Road 76, Santa Cruz, NM 87567

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    • Est. Cap Rate

      7.7%
      Above avg (5.9%)

    • Est. NOI

      $79K
      Annual

    • Price @ 7% Cap

      $1.13M
      Above asking
    View Property Analytics
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Santa Cruz, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 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.

    Adobe Multifamily Compound
    Adobe Multifamily Compound

    18 Destierro Trail, Pojoaque, NM 87506

    $2,749,000
    8,894 sqft 3.84 AC lot

    Multiple residences and a separate gathering building create a distinctive adobe property configuration.

    View details
    Duplex with Detached Casita
    Duplex with Detached Casita

    325 Fiesta Street, Santa Fe, NM 87501

    $750,000
    776 sqft 0.17 AC lot

    Separately metered residences support flexible living, workspace, or rental arrangements on a fenced Santa Fe parcel.

    View details
    Quadplex with Outdoor Spaces
    Quadplex with Outdoor Spaces

    Espanola, NM 87532

    Contact for pricing

    Four separate buildings include two garages and a carport, with outdoor space on the property in Espanola.

    View details
    Historical Tri-plex in Downtown Santa
    Historical Tri-plex in Downtown Santa

    601 1/2 Paseo De Peralta A, Santa Fe, NM 87501

    Contact for pricing

    Downtown historical triplex with tax incentives for NM residents.

    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 with Well in Chimayo
    Land with Well in Chimayo

    2 Acres off of County Rd 86A, Chimayo, NM 87522

    $85,000
    2.00 AC lot

    Two acres of land with a well in Chimayo.

    View details

    Off-Market Properties in Santa Cruz, NM

    Consider similar Off-Market properties in Santa Cruz, 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.

    10 Ben Quintana Mhp
    MOBILE HOME PARK, TRAILER PARK

    10 Ben Quintana Mhp, Santa Cruz, NM 87567

    $335,000
    Estimated value
    3.73 AC lot
    View details

    Santa Cruz, NM Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Santa Cruz, NM on our real estate platform. These investment opportunities span a total of 5,741 square feet of properties for sale, with an estimated market value of $1,023,993.

    Sale prices for multifamily properties in Santa Cruz, NM average $1,023,993 — 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

    Demographics Overview

    Population 1,029
    Population Growth (5Y) -25.3%
    College Educated 27.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    87567 $1M

    Taxes & Financing

    Tax Rate (average for all types) 2.52%
    Property Tax per SF $0.83 per SF
    Tax Rate vs County Average 0.62 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Santa Fe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Santa Fe County

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