Residential Income

Elephant Butte, NM Residential Income Properties for Sale

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Truth Or Consequences, NM Caballo, NM Cuchillo, NM San Antonio, NM Arrey, NM
New-Build Three-Unit Triplex
Updated: Jul 23
New-Build Three-Unit Triplex

106 Inca Street, Elephant Butte, NM 87935

$429,900
Three‑unit triplex completed in 2026
Unit mix includes one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units
Granite countertops, stainless steel appliances, and white shaker cabinets in each unit
Open, functional layouts throughout the property
Near Elephant Butte Lake and Truth or Consequences
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elephant Butte, 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.

Modern Container Duplex
Modern Container Duplex

405 Palm Avenue, Las Cruces, NM 88001

$245,000

Studio-style duplex in Downtown Las Cruces with short-term rental use potential and flexible owner-occupancy options.

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Pueblo Revival Triplex
Pueblo Revival Triplex

112 - A W 3rd Avenue, Truth Or Consequences, NM 87901

Contact for pricing

Three one-bedroom units with commercial zoning, a metal roof, and a detached storage shed.

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19-Space Mobile Home Park
19-Space Mobile Home Park

205 Coleman Street, Truth Or Consequences, NM 87901

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Park includes rented manufactured homes and an upgraded natural gas line serving the property.

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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.

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Elephant Butte, NM Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Elephant Butte, NM on our real estate platform.

Sale prices for residential income properties in Elephant Butte, NM average $429,900 — 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

Multifamily properties 1
Triplexes 1

Demographics Overview

Population 1,848
Median Household Income $44,891
College Educated 22.0%

Listings Trend

New vs delisted commercial listings in Sierra County

New Delisted

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