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    Truth Or Consequences, NM
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    Truth Or Consequences, NM Multifamily Properties for Sale

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    Elephant Butte, NM Caballo, NM Arrey, NM Cuchillo, NM
    Hoosier Hot Springs Historic District
    Updated: May 27, 2025
    Hoosier Hot Springs Historic District

    516 Austin St, Truth Or Consequences, NM

    $2,279,000
    5,528 sqft 0.41 AC lot
    Completely remodeled property.
    Three lines of business: Hot Springs, Inn/Short Term Rentals, and Residences/Long Term Rentals.
    Located in the Hot Springs Bathhouse and Commercial Historic District.
    Hot Springs renovated and reintroduced to the public in early 2024.
    Inn/Short Term Rentals: 5 renovated units (4 suites and 1 room), opened November 2024.
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    Hoosier Hot Springs & Inn
    Updated: Oct 10, 2024
    Hoosier Hot Springs & Inn

    516 Austin St, Truth Or Consequences, NM 87901

    $2,800,000
    5,528 sqft
    Located in the Hot Springs Bathhouse and Commercial Historic District.
    Three lines of business: Hot Springs, Inn/Short Term Rentals, and Residences/Long Term Rentals.
    Hot Springs renovated and reintroduced to the public in early 2024.
    Inn/Short Term Rentals: 6 renovated units (5 suites and 1 room), opened November 2024.
    Residences/Long Term Rentals: 6 units (3 one‑bedroom units and 3 studio apartments).
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Truth Or Consequences, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

    Two-Building Four-Unit Residential Income
    Two-Building Four-Unit Residential Income

    354 W 12th Street, Silver City, NM 88061

    $395,000
    2,594 sqft 0.32 AC lot

    For sale: two buildings with four total units, offering rental income while allowing separate living arrangements.

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    Duplex with Renovation Project
    Duplex with Renovation Project

    1205 N Gold Street, Silver City, NM 88061

    $168,000
    2,128 sqft 0.22 AC lot

    Updated duplex includes a 2-bedroom and a 1-bedroom unit, plus a site-built renovation project on a small lot.

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    Las Cruces Multifamily Investment Property
    Las Cruces Multifamily Investment Property

    311 Hurt Road, Las Cruces, NM 88007

    $800,000
    2.71 AC lot

    Five income-producing units on 2.71 acres in Las Cruces.

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    Duplex Income Property
    Duplex Income Property

    705 Cactus #1 & 2, Las Cruces, NM 88001

    $295,000

    Two-unit duplex with each side offering three bedrooms and two bathrooms.

    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.

    Multi-Use Property in Garfield, NM
    Multi-Use Property in Garfield, NM

    8835 Highway 187, Garfield, NM 87936

    $140,000
    1.20 AC lot

    Versatile property suitable for residential, multi-family, and commercial use.

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    Half-Acre Lot with Mountain Views
    Half-Acre Lot with Mountain Views

    Sunrunner Avenue, Las Cruces, NM 88012

    $62,500
    0.50 AC lot

    Half-acre lot with Organ Mountain views, mobile homes welcome.

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    Land in Las Cruces, NM
    Land in Las Cruces, NM

    7563 El Centro Boulevard, Las Cruces, NM 88012

    $133,500
    4.04 AC lot

    4.04 acre lot zoned for house or mobile home.

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    Spacious Lot with Mountain Views
    Spacious Lot with Mountain Views

    9200 El Centro Boulevard lot: 4, Las Cruces, NM 88012

    $86,000
    1.00 AC lot

    1.16-acre lot with mountain views, ready for your dream home.

    View details

    Off-Market Properties in Truth Or Consequences, NM

    Consider similar Off-Market properties in Truth Or Consequences, 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.

    1710 Broadway St
    Multifamily properties

    1710 Broadway St, Truth Or Consequences, NM 87901

    Value Estimation by Request
    View details
    205 Coleman St
    Multifamily properties

    205 Coleman St, Truth Or Consequences, NM 87901

    Value Estimation by Request
    1.75 AC lot
    View details
    2335 Broadway St
    Multifamily properties

    2335 Broadway St, Truth Or Consequences, NM 87901

    Value Estimation by Request
    View details

    Truth Or Consequences, NM Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Truth Or Consequences, NM on our real estate platform. These investment opportunities span a total of 11,056 square feet of properties for sale, with an estimated market value of $5,079,000.

    Sale prices for multifamily properties in Truth Or Consequences, NM start at $2,279,000, averaging $2,539,500, and reaching up to $2,800,000 — 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

    Short term rental properties 2
    Apartment buildings 1
    Duplexes 1

    Demographics Overview

    Population 6,459
    Population Growth (5Y) +1.0%
    Median Household Income $27,868
    College Educated 26.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    87901 $1.3M

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