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    New Mexico Residential Income Properties for Sale

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    Albuquerque, NM Santa Fe, NM Rio Rancho, NM Las Cruces, NM Farmington, NM Santa Teresa, NM Taos, NM Belen, NM
    252 properties
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    Four-Unit Income Property
    Four-Unit Income Property

    528 Alvarado Drive SE, Albuquerque, NM 87108

    $469,000
    3,640 sqft 0.16 AC lot

    Fully occupied 2-bedroom, 1-bath units with individual utility meters provide investor-friendly rental income potential.

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    This listing looks promising.

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    528 Alvarado Drive SE, Albuquerque, NM 87108

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    • Est. Cap Rate

      7.1%
      Above avg (5.9%)

    • Est. NOI

      $33K
      Annual

    • Mortgage

      $233K
      Apr 2021

    • Property Type

      Residential Income
      Built 2011
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    Fixer-Upper Adobe Duplex Home
    Fixer-Upper Adobe Duplex Home

    4 Bear Creek Road, Pinos Altos, NM 88053

    $99,000
    1,612 sqft 0.43 AC lot

    Old adobe duplex with a Pinos Altos water tap, offered as-is for buyers seeking renovation work.

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    Residential Income Duplex Property
    Residential Income Duplex Property

    306 S San Pedro Street, Las Cruces, NM 88001

    $242,000
    0.12 AC lot

    Two income-producing homes in the Mesquite Historic District with separate yards, storage, and natural gas heating.

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    Small Mobile Home Park Income Units
    Small Mobile Home Park Income Units

    1122 S BOWEN Avenue, Farmington, NM 87401

    $320,000

    Four tenant-occupied 3-bedroom, 2-bath units with individually metered utilities offer a straightforward small-park setup.

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    Residential Income Home with Side Access
    Residential Income Home with Side Access

    1808 William Street SE, Albuquerque, NM 87102

    $265,000
    1,268 sqft 0.16 AC lot

    Multi-family property featuring open living and dining space, refrigerated air, and gated side-yard access.

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    Two-Duplex Residential Income Property
    Two-Duplex Residential Income Property

    914 WALNUT Drive, Farmington, NM 87401

    $385,000
    0.21 AC lot

    Four 2BR/1BA units across two duplex buildings with off-street parking and tenant-paid electric and gas.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    319 Rio Grande Boulevard NW, Albuquerque, NM 87104

    $615,000
    1,518 sqft 0.22 AC lot

    Three separate residences with off-street parking offer flexible living or rental configurations near Old Town.

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    Fenced Residential Land with Mobilehome
    Fenced Residential Land with Mobilehome

    7125 Fox Road, Las Cruces, NM 88012

    $160,000
    0.95 AC lot

    Fully fenced nearly one-acre homesite with a 2-bed, 1-bath single-wide and two gated entrances.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    439 N Alameda Boulevard, Las Cruces, NM 88005

    $275,000
    0.21 AC lot

    Triplex with three-bedroom main home plus one- and two-bedroom back units, each with designated parking and mini-split A/C.

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    Triplex with Private Yard Units
    Triplex with Private Yard Units

    325 Tennessee Street NE, Albuquerque, NM 87108

    $299,900
    2,304 sqft 0.16 AC lot

    Three single-story units offer 2 bed, 1 bath layouts, private yard space, and dedicated parking.

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    3BR/2BA Duplex Income Property
    3BR/2BA Duplex Income Property

    705 Cactus, Las Cruces, NM 88001

    $295,000
    0.17 AC lot

    Duplex with two units, each offering three bedrooms and two bathrooms and separate utility responsibility for tenants.

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    Multi-Family Property with Three Homes
    Multi-Family Property with Three Homes

    158 Independence Avenue, Las Vegas, NM 87701

    $379,900
    3,515 sqft 1.41 AC lot

    Includes three separate residences on two lots, plus garages and outbuildings, sold as-is.

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    3BR/2BA Duplex Investment
    3BR/2BA Duplex Investment

    1362 Santa Fe, Las Cruces, NM 88001

    $295,000
    0.17 AC lot

    Duplex for sale with two 3-bedroom, 2-bath units, each separately rented and tenant-paid utilities.

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    Bloomfield Mobile Home Park Investment
    Bloomfield Mobile Home Park Investment

    1310 SANCHEZ Lane, Bloomfield, NM 87413

    $1,450,000
    5.00 AC lot

    29-space mobile home park with strong cash flow.

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    Mobile Home Park with 35 Spaces
    Mobile Home Park with 35 Spaces

    1307 SANCHEZ Lane, Bloomfield, NM 87413

    $1,600,000
    6.65 AC lot

    Investor-focused park with city utilities, irrigated grounds, and a mix of owner- and tenant-owned homes.

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    Eight-Unit Multifamily Property
    Eight-Unit Multifamily Property

    809 W Van Patten Avenue, Las Cruces, NM 88005

    $315,000
    0.57 AC lot

    Six rear apartment units plus a detached home and studio at the front, with ample on-site parking and a renovated vacant unit.

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    Residential Income Cabin Estate
    Residential Income Cabin Estate

    Tererro, NM 87573

    $5,680,000
    8,000 sqft 11.00 AC lot

    Four deeded properties sold as one estate with multiple cabins, a duplex, and well and septic service.

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    Albuquerque Triplex with Courtyard
    Albuquerque Triplex with Courtyard

    816 Ortiz Drive SE, Albuquerque, NM 87108

    $342,000
    2,470 sqft 0.16 AC lot

    Triplex near Nob Hill, UNM, and Kirtland Airforce Base.

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    Six-Unit Multifamily Investment Property
    Six-Unit Multifamily Investment Property

    501-505 Mesilla Street SE, Albuquerque, NM 87108

    $560,000
    0.16 AC lot

    Well maintained 6-unit property with two separately deeded triplexes and multiple recent exterior and unit improvements.

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    La Luz Multifamily Investment
    La Luz Multifamily Investment

    La Luz, NM 88337

    $1,300,000
    3.46 AC lot

    Growing investment opportunity with 29 spaces in La Luz.

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    Historic Route 66 Ranch Home
    Historic Route 66 Ranch Home

    24 Matisse Road, Albuquerque, NM 87123

    $1,249,000
    8,134 sqft 10.70 AC lot

    Historic Route 66 ranch on 10.7 acres with casitas.

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    Multi-Family Apartment Building
    Multi-Family Apartment Building

    433 Mesilla & 437 (4 lots) Street SE, Albuquerque, NM 87108

    $2,323,232
    14,688 sqft 0.60 AC lot

    For sale multi-family property featuring two apartment addresses on four lots totaling 14,688 square feet.

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    Multifamily Property with Strong Upside
    Multifamily Property with Strong Upside

    1225, 1237 Menaul Blvd NW, Albuquerque, NM, USA, Albuquerque, NM 87107

    $1,125,000
    6,800 sqft

    Fully occupied multifamily property with renovated units and rent upside.

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    Albuquerque Development Site with Plans
    Albuquerque Development Site with Plans

    6525 COCHITI Road SE, Albuquerque, NM 87108

    $399,900
    0.65 AC lot

    Development site with approved 24-unit apartment plans. Owner financing available.

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