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    Las Vegas, NM
    Residential Income

    Las Vegas, NM Residential Income Properties for Sale

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    Rociada, NM Sapello, NM Mora, NM Holman, NM Tererro, NM Pecos, NM Chacon, NM
    Historic Adobe Mixed-Use Building
    Updated: Mar 15
    Historic Adobe Mixed-Use Building

    1801 Plaza, Las Vegas, NM 87701

    $1,275,000
    15,000 sqft 0.16 AC lot
    Zoned R2 + C2 on the Historic Plaza in Las Vegas, NM
    57 ft of glass retail display frontage plus 3,000 sq ft of ground‑level storefront retail
    15,000 sq ft building with adobe construction, built in 1870 and featuring 3 ft thick adobe walls
    Two‑story (3 levels) with restored exterior and updates including custom French doors/windows and new wiring
    Restoration included new roof and stucco, new PVC, new fixtures, and demising walls to support mixed‑use layouts
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    Historic Mixed-Use Building
    Updated: Mar 15
    Historic Mixed-Use Building

    1801 Plaza, Las Vegas, NM 87701

    $1,275,000
    15,000 sqft 0.16 AC lot
    Zoned R2 + C2 on the Historic Plaza in Las Vegas, NM
    15,000 sq. ft. building with 57 ft of glass retail display frontage
    On‑site utilities include public water and public sewer
    Multiple spaces: 3,000 sq. ft ground‑level retail plus 3,000 sq. ft finished interior office/flex space on the 2nd floor
    Residential component includes a 2,500 +/- sq. ft main residence with 2 bedrooms and 2 baths and European‑style kitchen
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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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Three-Unit Updated Residential Income
    Three-Unit Updated Residential Income

    322 Moreno, Las Vegas, NM 87701

    $499,000
    2,246 sqft 0.16 AC lot

    Completely updated three-unit property with two fenced yards, three bedrooms in the main home, and newer ProPanel roof.

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    Duplex with Partially Finished Basement
    Duplex with Partially Finished Basement

    1412 8th Street, Las Vegas, NM 87701

    $129,900
    1,880 sqft 0.17 AC lot

    Two-unit duplex with long driveway parking and a partially finished basement for additional storage options.

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 5 Active listings in Las Vegas, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 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.

    Mixed-Use Arts Residency Property
    Mixed-Use Arts Residency Property

    4 N Chamisa, Santa Fe, NM 87508

    $1,599,000
    4,815 sqft 2.32 AC lot

    Extensively renovated campus combines gallery, private art studios, and residential apartments with direct Highway 285 access.

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    Mixed-Use Arts Hospitality Building
    Mixed-Use Arts Hospitality Building

    4 N Chamisa Dr, Santa Fe, NM 87508

    $1,599,000
    4,815 sqft 2.32 AC lot

    Extensively renovated building with a front gallery/event space, apartments, and private art studios.

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    Pueblo-Style Duplex for Sale
    Pueblo-Style Duplex for Sale

    612 Camino De La Luz, Santa Fe, NM 87505

    $479,900
    1,552 sqft 0.12 AC lot

    Two-unit Pueblo-style duplex offers a live-in-and-rent option with a lower-level 3-bedroom, 1-bath unit needing updates.

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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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    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.

    Land in Romeroville, New Mexico
    Land in Romeroville, New Mexico

    Parcel C Tract D, Las Vegas, NM 87701

    $150,000
    5.01 AC lot

    5-acre lot in Romeroville, NM, ideal for custom home.

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    Land in Romeroville, New Mexico
    Land in Romeroville, New Mexico

    Parcel D Tract D, Las Vegas, NM 87701

    $150,000
    5.01 AC lot

    5-acre lot near Las Vegas, NM, ideal for custom home.

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    Residential View Parcel with Utilities
    Residential View Parcel with Utilities

    Las Vegas, NM 87701

    $349,900
    140.00 AC lot

    140-acre residential parcel with utilities and expansive views.

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    Serafina, NM 10-Acre Parcel
    Serafina, NM 10-Acre Parcel

    Serafina, NM 87569

    $115,000
    10.00 AC lot

    10-acre parcel in Serafina, NM with mountain views.

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    Off-Market Properties in Las Vegas, NM

    Consider similar Off-Market properties in Las Vegas, 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.

    406 University Ave
    MOBILE HOME PARK, TRAILER PARK

    406 University Ave, Las Vegas, NM 87701-4347

    Value Estimation by Request
    View details
    108 Nm Hwy 65th, Unit 223
    MOBILE HOME PARK, TRAILER PARK

    108 Nm Hwy 65th, Las Vegas, NM 87701-4487

    Unit 223
    Value Estimation by Request
    View details
    1929 7th St
    MOBILE HOME PARK, TRAILER PARK

    1929 7th St, Las Vegas, NM 87701-4957

    Value Estimation by Request
    View details
    1008 Mls Ave
    MOBILE HOME PARK, TRAILER PARK

    1008 Mls Ave, Las Vegas, NM 87701-4049

    Value Estimation by Request
    View details
    Las Vegas, NM 87701
    MOBILE HOME PARK, TRAILER PARK

    Las Vegas, NM 87701

    Value Estimation by Request
    View details

    Las Vegas, NM Residential Income Properties Market Trends and Statistics

    Explore 10 residential income properties for sale in Las Vegas, NM, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 37,641 square feet of properties for sale, with an estimated market value of $3,558,800.

    Sale prices for residential income properties in Las Vegas, NM start at $129,900, averaging $711,760, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 2
    Duplexes 1
    Triplexes 1

    Demographics Overview

    Population 19K
    Population Growth (5Y) +15.8%
    Median Household Income $48,966
    College Educated 44.9%

    High-Yield Neighborhoods for Investment

    Identify Las Vegas submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    87701 $840.3K

    Taxes & Financing

    Tax Rate (average for all types) 3.57%
    Tax Rate vs County Average 0.08 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Miguel County

    New Delisted

    Total CRE Inventory on Market (SF)

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