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    Las Cruces, NM Residential Income Properties for Sale

    25 results
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    Well-Maintained 7-Unit Complex
    $478,350
    0.47 Acres

    Well-Maintained 7-Unit Complex

    1040 N Mesilla St, Las Cruces, NM 88005

    Impeccably maintained 7-unit complex near downtown Las Cruces.

    • High‑income potential: Generates nearly $50,000 annually with seldom any vacancy.
    • Well‑maintained property: Impeccably maintained inside and out with no deferred maintenance.
    • Strong investment opportunity: Cap rate in the neighborhood of 8%.
    • Individual unit climate control: Each unit has separate heat and air conditioning.
    • Ample parking: Plenty of on‑site parking including individual enclosed carports.
    Updated: Mar 4
    View details
    Historic Mixed-Use Adobe Home
    $309,000
    0.18 Acres

    Historic Mixed-Use Adobe Home

    606 N Mesquite St, Las Cruces, NM 88001

    Charming adobe home in historic district with mixed-use potential.

    • COMMERCIAL/RESIDENTIAL ZONING offers mixed‑use potential.
    • Prime location in the Historic Mesquite District with excellent visibility.
    • Classic Southwestern adobe home with thick walls, wood vigas, and hardwood floors.
    • Solar panels and wired security cameras for efficiency and security.
    • RV access and detached shed provide added storage and workspace.
    Updated: Mar 4
    View details
    Remodeled Duplex in Las Cruces
    $450,000
    0.19 Acres

    Remodeled Duplex in Las Cruces

    Completely remodeled duplex, ideal for investors or owner-occupants.

    1212 Brownlee Ave, Las Cruces, NM 88005
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    Las Cruces Multifamily Investment Opportunity
    Pending
    $410,000
    0.27 Acres

    Las Cruces Multifamily Investment Opportunity

    Four units near Mayfield High School, fully occupied, great investment.

    1901 Embassy Dr, Las Cruces, NM 88005
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    Las Cruces Multifamily Investment Property
    $549,990
    2,782 SF

    Las Cruces Multifamily Investment Property

    Five-unit complex near NMSU with recent renovations and upside potential.

    807 Chaparro St, Las Cruces, NM 88001
    View details
    Las Cruces Multifamily Opportunity
    Pending
    $485,000
    0.86 Acres

    Las Cruces Multifamily Opportunity

    Three structures on 0.86 acres near Old Mesilla.

    651 Watson Ln, Las Cruces, NM 88005
    View details
    Las Cruces Multi-Unit Investment
    $299,000
    0.21 Acres

    Las Cruces Multi-Unit Investment

    Multi-unit property with income potential in Las Cruces, NM.

    439 N Alameda Blvd, Las Cruces, NM 88005
    View details
    Mesquite Historic District Income Property
    $259,900
    1,050 SF

    Mesquite Historic District Income Property

    Two homes near Downtown Las Cruces with income potential.

    306 S San Pedro St, Las Cruces, NM 88001
    View details
    Commercial Office Building with Apartment
    Pending
    $210,000
    1,332 SF

    Commercial Office Building with Apartment

    Commercial office with studio apartment on a busy street.

    1000 E Lohman Ave, Las Cruces, NM 88001
    View details
    Las Cruces Triplex Investment
    $230,000
    0.17 Acres

    Las Cruces Triplex Investment

    Triplex with three 1-bedroom units and detached garage.

    1145 N Main St, Las Cruces, NM 88005
    View details
    Mesilla Park Acreage with Mobile Homes
    $179,900
    1.22 Acres

    Mesilla Park Acreage with Mobile Homes

    1.22 acre property with two mobile homes in Mesilla Park.

    1367 Missionary Rdg Rd, Mesilla Park, NM 88047
    View details
    New Duplex - Investment Opportunity
    $350,000
    0.12 Acres

    New Duplex - Investment Opportunity

    New construction duplex in Las Cruces, great for investors.

    California Ave, Las Cruces, NM 88001
    View details
    Downtown Las Cruces Development Opportunity
    $79,000

    Downtown Las Cruces Development Opportunity

    Small lot ideal for retail, office, or apartment development.

    1995 N Solano Dr, Las Cruces, NM 88001
    View details
    Las Cruces Acre - Build Your Dream!
    $75,000
    1.00 Acre

    Las Cruces Acre - Build Your Dream!

    One-acre residential lot, stunning mountain views.

    7648 Kings Rd, Las Cruces, NM 88012
    View details
    Las Cruces Land: Build Your Dream!
    $75,000
    1.00 Acre

    Las Cruces Land: Build Your Dream!

    One-acre residential lot, prime location.

    7636 Kings Rd, Las Cruces, NM 88012
    View details
    Las Cruces Multifamily Land Investment
    $250,000
    3.29 Acres

    Las Cruces Multifamily Land Investment

    3.29 Acres, R2 Zoning, Prime Location

    5906 El Llano Rd, Las Cruces, NM 88012
    View details
    Las Cruces Land: Build Your Dream Home
    $125,000
    2.03 Acres

    Las Cruces Land: Build Your Dream Home

    2.03 Acres, Mountain Views, Near Schools

    7640 Kings Rd, Las Cruces, NM 88012
    View details
    Las Cruces Commercial Land - 36 Acres
    $1,254,000
    36.00 Acres

    Las Cruces Commercial Land - 36 Acres

    Prime 36-acre development site, mixed-use potential.

    1201 Fort Selden Rd, Las Cruces, NM 88007
    View details
    9750 Bataan Memorial
    $332,000
    16.62 Acres

    9750 Bataan Memorial

    Land • 16.62 Acres

    9750 Bataan Memorial, Las Cruces, NM 88011
    View details
    Las Cruces Multifamily Land Investment
    $69,000
    0.24 Acres

    Las Cruces Multifamily Land Investment

    0.24-Acre R2 Zoned Lot, Great Potential

    1245 Van Patten Ave, Las Cruces, NM 88005
    View details
    5-Acre Residential Land, Las Cruces
    $175,000
    5.19 Acres

    5-Acre Residential Land, Las Cruces

    Prime 5-acre residential lot, stunning mountain views.

    6501 Central Ave, Las Cruces, NM 88012
    View details
    Las Cruces Multifamily Land Investment
    $1,045,000
    6.07 Acres

    Las Cruces Multifamily Land Investment

    6-Acre Tract, Prime Location, $1.045M

    0 Roadrunner Pkwy, Las Cruces, NM 88012
    View details
    Las Cruces Development Land Opportunity
    $1,176,555
    7.40 Acres

    Las Cruces Development Land Opportunity

    7.4 Acres, PUD Zoning, Prime Location

    0 Morning Star Dr, Las Cruces, NM 88011
    View details
    25.7 Acres Las Cruces Land
    $1,275,000
    25.70 Acres

    25.7 Acres Las Cruces Land

    Prime residential development land, 25.7 acres.

    4750 Del Rey Blvd, Las Cruces, NM 88012
    View details

    Las Cruces, NM Residential Income Properties Investment Opportunities Market Analysis

    Explore 113 residential income properties for sale in Las Cruces, NM, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 7,729,198 square feet of properties for sale, with an estimated market value of $29,857,695.

    Sale prices for residential income properties in Las Cruces, NM start at $69,000, averaging $420,530, and reaching up to $1,275,000 — 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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    Most Searched ZIP Codes in Las Cruces, NM

    • 88005
    • 88012
    • 88001
    • 88007
    • 88011
    • 88047

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