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Truth Or Consequences, NM Multifamily Properties for Sale

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Hoosier Hot Springs Historic District
$2,279,000
5,528 SF

Hoosier Hot Springs Historic District

516 Austin St, Truth Or Consequences, NM

Historic district property with hot springs, inn, and residences.

  • 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.
Updated: May 27, 2025
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Hoosier Hot Springs & Inn
$2,279,000
5,528 SF

Hoosier Hot Springs & Inn

516 Austin St, Truth Or Consequences, NM 87901

Historic hot springs and inn with short and long-term rentals.

  • 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).
Updated: Oct 10, 2024
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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.

Explore Opportunities in Nearby Cities

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

Well-Maintained Fourplex in Las Cruces
$389,000
0.32 Acres

Well-Maintained Fourplex in Las Cruces

Fourplex with strong rental appeal near schools and shopping.

1981 Embassy Drive unit: A, B, C, D, Las Cruces, NM 88005
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Well-Maintained Duplex on Large Lot
$269,000
2,044 SF

Well-Maintained Duplex on Large Lot

Duplex with expansion potential in Silver City, New Mexico.

4460/4470 Little Walnut Road, Silver City, NM 88061
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Mixed-Use Property with Residential Units
$450,000
0.22 Acres

Mixed-Use Property with Residential Units

Multi-tenant property with commercial and residential spaces, parking, courtyard.

4001 W Picacho Avenue, Las Cruces, NM 88007
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Mobile Home Park
$1,725,492

Mobile Home Park

Mobile home & RV parks

51 Whiskey Cr Airport Rd, Silver City, NM 88061
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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
$140,000
1.20 Acres

Multi-Use Property in Garfield, NM

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

8835 Highway 187, Garfield, NM 87936
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Land in Las Cruces, NM
$133,500
4.04 Acres

Land in Las Cruces, NM

4.04 acre lot zoned for house or mobile home.

7563 El Centro Boulevard, Las Cruces, NM 88012
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Spacious Lot with Mountain Views
$90,000
1.16 Acres

Spacious Lot with Mountain Views

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

9200 El Centro Boulevard lot: 4, Las Cruces, NM 88012
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Land with Organ Mountain Views
$80,000
1.26 Acres

Land with Organ Mountain Views

1.26 acre lot with mountain views in Las Cruces.

9455 Luna Vista Road, Las Cruces, NM 88012
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Explore 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

1710 Broadway St

Multifamily properties
Value Estimation by Request
1710 Broadway St, Truth or Consequences, NM 87901
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205 Coleman St

205 Coleman St

Multifamily properties • 1.75 Acres
Value Estimation by Request
205 Coleman St, Truth or Consequences, NM 87901
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2335 Broadway St

2335 Broadway St

Multifamily properties
Value Estimation by Request
2335 Broadway St, Truth or Consequences, NM 87901
View details

Truth Or Consequences, NM Multifamily Properties Investment Opportunities Market Analysis

Explore 5 multifamily properties for sale in Truth Or Consequences, NM on our real estate platform. These investment opportunities span a total of 76,230 square feet of properties for sale, with an estimated market value of $2,279,000.

Sale prices for multifamily properties in Truth Or Consequences, NM start at $0.00, averaging $455,800, and reaching up to $2,279,000 — 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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