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    New Mexico Residential Income Properties for Sale

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    Albuquerque, NM Santa Fe, NM Las Cruces, NM Farmington, NM Rio Rancho, NM Clovis, NM Belen, NM Alamogordo, NM
    693 properties
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    Fully Stabilized Furnished Multifamily
    Fully Stabilized Furnished Multifamily

    511 Spruce Street Southeast, Albuquerque, NM 87106

    Contact for pricing
    3,749 sqft

    Fully occupied multifamily with furnished units and renovations including new roofs, HVAC, appliances, and updated interiors.

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    Multifamily Property with Acreage
    Multifamily Property with Acreage

    370 E Ohara Road, Anthony, NM 88021

    $450,000
    2.75 AC lot

    Four apartments and a separate house create a multi-building residential income configuration.

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    Duplex Income Property
    Duplex Income Property

    1245 JELSO AVE, Grants, NM 87020

    Contact for pricing
    2,400 sqft

    For sale duplex in Grants, NM, with an available neighboring sister property for buyers seeking additional units.

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    Historic Ranch-Style Income Property
    Historic Ranch-Style Income Property

    24 Matisse Road NE, Albuquerque, NM 87123

    $1,249,000
    10.71 AC lot

    Residential income property with a main residence, two casitas, private entries, courtyards, and Sandia Mountain views.

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    Updated Apartment Community with Laundry
    Updated Apartment Community with Laundry

    8600 Zuni SE, Albuquerque, NM 87108

    Contact for pricing
    15,325 sqft

    Twenty-five updated units with secure shared outdoor space and an on-site community laundry room.

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    Four-Plex Residential Income Property
    Four-Plex Residential Income Property

    317 Gayland Drive, Clovis, NM 88101

    Contact for pricing
    3,249 sqft

    Well-maintained four-unit income property with long-term tenants and the ability to adjust monthly rents.

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    Quadplex with New Roof
    Quadplex with New Roof

    A-d-1029 Palomas Dr Se, Albuquerque, NM 87108

    $349,000
    3,199 sqft

    Fully leased property with one- and two-bedroom apartments near the VA Hospital.

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    Six-Bedroom Short-Term Rental Residence
    Six-Bedroom Short-Term Rental Residence

    850 NM 599 Frontage, Santa Fe, NM 87507

    Contact for pricing
    3,034 sqft

    Currently operated as an Airbnb, the property combines single-level living with outdoor space and distinctive Southwestern design elements.

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    Downtown Santa Fe Mixed-Use Property
    Downtown Santa Fe Mixed-Use Property

    328 Staab, Santa Fe, NM 87501

    $750,000
    2,067 sqft 0.17 AC lot

    Versatile property in downtown Santa Fe, suitable for residential or commercial.

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    Courtyard Apartment Building
    Courtyard Apartment Building

    115 J O Gallegos Rd, Socorro, NM 87801

    $324,000
    5,124 sqft

    Ten-apartment property with resident parking and a central courtyard in Socorro.

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    University Area Apartment Eightplex
    University Area Apartment Eightplex

    2104 Lead SE, Albuquerque, NM 87106

    Contact for pricing
    2,670 sqft

    Eight units mix studios and one-bedroom apartments with updates for energy efficiency and parking by each entry.

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    Updated Condo in Gated Community
    Updated Condo in Gated Community

    2501 W Zia Road #10-104, Santa Fe, NM 87505

    $279,000
    901 sqft

    Move-in-ready condo with modern upgrades and community amenities in Santa Fe.

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    22-Unit Apartment Building with Commercial Space
    22-Unit Apartment Building with Commercial Space

    200 Hermosa Drive Northeast, Albuquerque, NM 87108

    Contact for pricing
    11,369 sqft

    Studios and one-bedroom units are complemented by commercial suites and exterior patios.

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    29-Space Mobile Home & RV Park
    29-Space Mobile Home & RV Park

    La Luz, NM 88337

    $1,300,000
    3.46 AC lot

    Separate utility meters serve occupied manufactured-home sites, with rehabilitated homes already in place.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    735 Ranchitos Road, Taos, NM 87571

    $325,000
    0.24 AC lot

    Two separate residences share a fenced yard, with refreshed interiors, a sunroom, and on-site laundry equipment.

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    Three-Unit Live-Work Property
    Three-Unit Live-Work Property

    1101 Douglas Ave, Las Vegas, NM 87701

    $465,000
    3,200 sqft

    Includes a former medical office layout plus two standalone one-bedroom rental units.

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    Two Homes on 1.77 Acres
    Two Homes on 1.77 Acres

    825 E Santa Fe Street, Hobbs, NM 88240

    Contact for pricing
    1,260 sqft 1.77 AC lot

    Two residences with potential for rental income and future development.

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    Three-Bedroom Duplex Property
    Three-Bedroom Duplex Property

    1362 Santa Fe, Las Cruces, NM 88001

    $295,000
    2,172 sqft

    Two residential units offer three bedrooms and two bathrooms each, with tenants responsible for utilities.

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    Well-Kept Fourplex in Central Area
    Well-Kept Fourplex in Central Area

    625 Louisiana SE, Albuquerque, NM 87108

    $400,000
    3,540 sqft

    Four units in excellent condition, located on Louisiana SE.

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    Two-Home Duplex with Shared Storage
    Two-Home Duplex with Shared Storage

    306 S San Pedro Street, Las Cruces, NM 88001

    $232,000
    0.12 AC lot

    The property includes one vacant residence and one currently occupied home with separate living spaces and shared storage.

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    South Campus Area Fourplex
    South Campus Area Fourplex

    1809 Girard SE, Albuquerque, NM 87106

    Contact for pricing
    3,100 sqft

    Fourplex near UNM with golf course views.

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    Two-Unit Duplex
    Two-Unit Duplex

    705 Cactus, Las Cruces, NM 88001

    $295,000
    2,172 sqft

    Each residence includes three bedrooms and two bathrooms, with occupants responsible for all utilities.

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    Two-Unit Brick Duplex
    Two-Unit Brick Duplex

    1029 N Melendres Street, Las Cruces, NM 88005

    $270,000
    0.32 AC lot

    Separate parcels provide distinct two- and three-bedroom layouts with carport parking and evaporative cooling.

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    Renovated Mixed-Use Property
    Renovated Mixed-Use Property

    102 Mexican ave, Cloudcroft, NM 88317

    Contact for pricing
    8,322 sqft

    Mountain lodge property combines rental suites, retail space, and storage in a renovated commercial setting.

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