Ruidoso, NM
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    Ruidoso, NM Quadplexes for Sale

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    Alto, NM Ruidoso Downs, NM Hagerman, NM
    Ruidoso Investment Property Opportunity
    $305,000
    0.95 Acres

    Ruidoso Investment Property Opportunity

    138 Paradise Canyon Drive, Ruidoso, NM 88345

    Triplex with commercial potential in Ruidoso, near Rio Ruidoso.

    • C1 commercial zoning offers a rare opportunity for residential rental and/or commercial use.
    • Triplex with potential for 4 units: finish as a triplex or convert to a 4‑unit residential rental.
    • Remodeling started, with one studio casita near completion.
    • Separately metered units for current electric and gas.
    • Ample parking space available.
    Updated: Apr 20
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    Ruidoso Commercial Zoned Property
    $305,000
    1,455 SF

    Ruidoso Commercial Zoned Property

    138 Paradise Canyon Dr, Ruidoso, NM 88345

    Investment property with remodeling started near Rio Ruidoso.

    • C1 commercial zoning: rare opportunity for residential rental and/or commercial use on Paradise Canyon.
    • Triplex with remodeling started: owner has begun remodeling into three units, offering a head start on value creation.
    • Potential for 4 units: opportunity to expand to four units, increasing rental income potential.
    • Separate electric and gas meters: current units are separately metered for electric and gas, simplifying tenant billing.
    • Studio casita near completion: one unit is a studio casita nearing completion, providing immediate rental income potential.
    Updated: Apr 20
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Ruidoso, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    El Paso Multifamily Investment Opportunity
    $465,000
    1,338 SF

    El Paso Multifamily Investment Opportunity

    Four updated units on three lots with investment upside.

    4813-4817 VULCAN Avenue, El Paso, TX 79904
    View details
    El Paso Quadruplex Investment Opportunity
    $471,996
    3,200 SF

    El Paso Quadruplex Investment Opportunity

    Four-unit apartment complex near I-54, generating over $35,000 annually.

    4605 Arlen Avenue, El Paso, TX 79904
    View details
    Artesia Multifamily Investment Opportunity
    $284,000
    3,159 SF

    Artesia Multifamily Investment Opportunity

    Four-unit multifamily property in Artesia, NM with recent upgrades.

    1505 W Hank Avenue, Artesia, NM 88210
    View details
    Artesia Multifamily Investment Opportunity
    $266,000
    3,159 SF

    Artesia Multifamily Investment Opportunity

    Four-unit multifamily property in Artesia, NM with recent upgrades.

    1501 W Hank Avenue, Artesia, NM 88210
    View details

    Ruidoso, NM Quadplexes Investment Opportunities Market Analysis

    Explore 2 quadplexes for sale in Ruidoso, NM on our real estate platform. These investment opportunities span a total of 1,455 square feet of properties for sale, with an estimated market value of $305,000.

    Sale prices for four-unit buildings in Ruidoso, NM start at $305,000, averaging $305,000, and reaching up to $305,000 — 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

    Quadplexes 2
    Triplexes 2
    Apartment buildings 1

    Demographics Overview

    Population 8,005
    Population Growth (5Y) -8.0%
    Median Household Income $51,008
    College Educated 23.8%

    Taxes & Financing

    Tax Rate (average for all types) 2.90%
    Property Tax per SF $0.12 per sq ft
    Tax Rate vs County Average 0.36 pp above county avg
    Average Loan-to-Value 65.0%

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