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    Santa Cruz, NM
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    Santa Cruz, NM Multifamily Properties for Sale

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    Espanola, NM La Mesilla, NM Chimayo, NM Ohkay Owingeh, NM Hernandez, NM Santa Fe, NM Chamita, NM Alcalde, NM
    Santa Cruz Multifamily Investment Opportunity
    Updated: Jul 11, 2025
    Santa Cruz Multifamily Investment Opportunity

    1004 State Road 76, Santa Cruz, NM 87567

    $1,023,993
    5,741 sqft 1.15 AC lot
    7‑plex with construction materials including adobe, block, frame, and stucco
    Built in 1945
    Heating options include central, radiant, forced air, electric heating, and radiant floor
    Each unit has its own laundry or shares with only 1 additional unit
    Most residences include private yard spaces
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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 10 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 4 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.

    Four-Unit Detached Income Property
    Four-Unit Detached Income Property

    224 Guadalupe, Santa Fe, NM 87501

    $1,600,000
    3,700 sqft 0.22 AC lot

    Four detached residential units on one parcel offer 3,700± square feet, updated roofs, and replaced sewer line.

    View details
    Live-Work Duplex with Detached Casita
    Live-Work Duplex with Detached Casita

    325 Fiesta Street, Santa Fe, NM 87501

    $750,000
    776 sqft 0.17 AC lot

    Two separately metered residences with a main home and 2022-built studio casita, plus covered breezeway and updated systems.

    View details
    Versatile Duplex Near Santa Fe Plaza
    Versatile Duplex Near Santa Fe Plaza

    996 Paseo Del Sur, Santa Fe, NM 87501

    $1,925,000
    3,893 sqft 1.18 AC lot

    Spacious duplex on 1.2 acres near Plaza and Railyard.

    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

    $1,100,000

    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.

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    El Prado Land Opportunity
    El Prado Land Opportunity

    5 Acres off Highway 64 W, El Prado, NM 87529

    $275,000
    5.00 AC lot

    5 acres near airport, suitable for commercial or residential development.

    View details
    Land Near San Pedro Wilderness
    Land Near San Pedro Wilderness

    State Highway 96, Regina, NM 87046

    $49,000
    1.83 AC lot

    1.83-acre property with utilities, creek, and mountain views.

    View details
    Cedar Crest Land with Views
    Cedar Crest Land with Views

    Melcor De Canoncito, Cedar Crest, NM 87008

    $290,000
    11.40 AC lot

    11.4 acres in Cedar Crest with buildable areas.

    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

    Value Estimation by Request
    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 start at $1,023,993, averaging $1,023,993, and reaching up to $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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