Farmington, NM Residential income properties for sale

Updated: Jun 19

Mobile Home & RV Park Income Property

1031-1035 SMITH Lane, Farmington, NM 87401

$249,900

Property addresses: 1031, 1033, and 1035 Smith Lane
Old laundromat included with 2,190 SF
On‑site 2BR/1BA site‑built house with 2 living areas and approx. 1,514 SF (owner currently does not occupy)
Three older single manufactured homes, each 2BR/1BA; tenants pay their own utilities except water, which runs about $380/month
Additional manufactured home space for an RV or a single wide (buyer option, per listing)

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Updated: Mar 6

Small Mobile Home Park Income Units

1122 S BOWEN Avenue, Farmington, NM 87401

$320,000

Small mobile home park with four 3‑bedroom, 2‑bath units
All four units are tenant‑occupied
Units are individually metered for utilities
Park receives $4,350 per month
Gross cap‑rate calculations show over 10% cap income

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Two Duplex Income Property

914 WALNUT Drive, Farmington, NM 87401

$385,000

0.21 AC lot

Two duplex buildings totaling four 2-bedroom, 1-bath units with off-street parking and tenant-paid electric and gas.

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Farmington Multifamily Investment Opportunity

914 WALNUT Drive A B C D, Farmington, NM 87401

$385,000

Four units, each with two bedrooms and one bathroom.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 4 Active listings in Farmington, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Two-Unit Residential Income Duplex

562 E 1st Street, Durango, CO 81301

$725,000

1,972 sqft 0.19 AC lot

Two-story duplex with separate upstairs and downstairs units, each featuring wood and tile flooring.

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Two-Unit Residential Income Property

562 E 1st Street, Durango, CO 81301

$750,000

1,972 sqft

Two-unit duplex with a downstairs 2-bedroom plan and an upstairs 2-bedroom apartment, plus storage sheds and fenced outdoor space.

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Bloomfield Mobile Home Park Investment

1301 SANCHEZ Lane, Bloomfield, NM 87413

$295,000

1.65 AC lot

Six-space mobile home park with cash flow and upside.

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Riverfront RV Park Investment Opportunity

1129 Calle Del Rio, Bloomfield, NM 87413

$750,000

1.45 AC lot

Scenic RV park with income potential along the San Juan River.

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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.

Farmington Land Development Opportunity

5.42 ACRES NELSON Avenue, Farmington, NM 87401

$950,000

Prime 5+ acre infill development opportunity in Farmington, NM.

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Large Development Land Parcel

2055 PINON HILLS Boulevard, Farmington, NM 87499

$1,050,000

70.21 AC lot

70.21-acre parcel near Pinon Hills Baseball Complex, positioned for commercial or residential development with strong road exposure.

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Farmington Land Opportunity

4303 HUDSON Street, Farmington, NM 87402

$400,000

1.55 AC lot

1.551 acres of land rezoned for multi-family development.

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Residential Land in Farmington, NM

5521 VISTA GRANDE Drive, Farmington, NM 87401

$73,000

1.08 AC lot

Residential lots with views and underground utilities in Farmington.

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Off-Market Properties in Farmington, NM

Consider similar Off-Market properties in Farmington, 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.

Multifamily properties

812 Vine Ave, Farmington, NM 87401

Value Estimation by Request

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Multifamily properties

602 Orchard Ave, Farmington, NM 87401

Value Estimation by Request

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Multifamily properties

5211 Bloomfield Hwy, Farmington, NM 87401

Value Estimation by Request

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Multifamily properties

760 Valentine Rd, Farmington, NM 87401

Value Estimation by Request

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Farmington, NM Residential Income Properties Market Trends and Statistics

Explore 8 residential income properties for sale in Farmington, NM, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,339,900.

Sale prices for residential income properties in Farmington, NM start at $249,900, averaging $334,975, and reaching up to $385,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
87401	$338.7K

Neighborhood

Average Price

87401

$338.7K