Los Lunas, NM Residential income properties for sale

Updated: Jan 30

Los Lunas Fourplex Opportunity

1345-1351 LOS LENTES Road NE, Los Lunas, NM 87031

$600,000

3,240 sqft 0.68 AC lot

4‑plex in Los Lunas with each unit offering 2 bedrooms and 1 bathroom
Month‑to‑month rentals available for the four units
Year built: 1988
Forced air heating; frame and stucco construction
Appliances include a free‑standing gas range and refrigerator

View details

This listing looks promising.

Here's a quick look at some key insights for

1345-1351 LOS LENTES Road NE, Los Lunas, NM 87031

View Property Analytics

Est. Cap Rate

4.5%
NOI ÷ price
Est. NOI

$27K
Annual
Price @ 7% Cap

$386K
Suggested
Property Type

Single Family Residential
Built 1994

View Property Analytics

Updated: Nov 6, 2025

Zoned C-1 Duplex with Development Land

102-104 Nathan Court, Los Lunas, NM 87031

$650,000

1,846 sqft 4.61 AC lot

2008‑built duplex with carpet and vinyl flooring
Forced‑air and central heating
Zoned C‑1 Commercial—operate as multi‑family rental or convert to office/retail use
Approximately 4.61 acres with space for future development of uses permitted by zoning
Utilities noted: 8'' water and sewer line close to or at the property line; 3‑phase power in the area

View details

Duplex on Commercial Zoned Acreage

102-104 Nathan Court, Los Lunas, NM 87031

$650,000

1,846 sqft 4.60 AC lot

Well-maintained duplex on C-1 land, offering flexible use options in a commercial area near Tractor Brewing and Ribs BBQ.

View details

Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 3 Active listings in Los Lunas, 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.

Multi-Family Income Property with Billboards

99 Ventura Road, Belen, NM 87002

$535,000

4,698 sqft 2.58 AC lot

Four-building income property on 2.58 acres with billboards and 371-foot frontage per public remarks.

View details

Three-Home Income Property

19649 Highway 314, Belen, NM 87002

$675,000

1,338 sqft 3.19 AC lot

Three rented homes sit on 3+ acres with highway frontage and a billboard generating income.

View details

Multi-Family Investment Quadplex

3102 Rosendo Garcia Road SW, Albuquerque, NM 87105

$499,999

4,465 sqft 0.51 AC lot

Four heated and cooled units on a vacant half-acre property with recent HVAC, plumbing, and electrical upgrades.

View details

C-1 Zoned Residential Property

721 Isleta Boulevard SW, Albuquerque, NM 87105

$216,000

0.21 AC lot

Highly visible C-1 zoned property configured for residential use, suitable for occupancy or conversion paths.

View details

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.

Peralta Land Near Rio Grande

Forgotten Promise Tr2 Lane, Peralta, NM 87042

$145,000

1.01 AC lot

Secluded 1.01 acre lot near Rio Grande Bosque.

View details

Agricultural Land Parcel with Irrigation Access

2107 Don Pasqual Road NW, Los Lunas, NM 87031

$299,999

2.80 AC lot

Agriculturally zoned acreage suited for farming and outdoor use, with irrigation distribution managed through MRGCD.

View details

Los Lunas Acreage Ready to Build

Villa Linda Lot 44E, Los Lunas, NM 87031

Contact for pricing

2.00 AC lot

2 acres of surveyed land near shopping and the Interstate.

View details

Los Lunas Land For Sale

Dalies Road, Los Lunas, NM 87031

$45,000

5.00 AC lot

5 acres of land in Los Lunas, New Mexico.

View details

Off-Market Properties in Los Lunas, NM

Consider similar Off-Market properties in Los Lunas, 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.

Farms

94 High Mesa Rd, Los Lunas, NM 87031

Value Estimation by Request

3,729 sqft 9.96 AC lot

View details

Land

0 Emily Ave, Los Lunas, NM 87031

Value Estimation by Request

24.60 AC lot

View details

Land

0 Cypress Blvd, Los Lunas, NM 87031

Value Estimation by Request

24.00 AC lot

View details

Land

0 Camino Ln Canada Ave, Los Lunas, NM 87031

Value Estimation by Request

13.82 AC lot

View details

Land

0 Manzano Expy, Los Lunas, NM undefined

Value Estimation by Request

46.00 AC lot

View details

Los Lunas, NM Residential Income Properties Market Trends and Statistics

Explore 8 residential income properties for sale in Los Lunas, NM, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,932 square feet of properties for sale, with an estimated market value of $1,900,000.

Sale prices for residential income properties in Los Lunas, NM start at $600,000, averaging $633,333, and reaching up to $650,000 — 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
87031	$1.4M

Neighborhood

Average Price

87031

$1.4M

Los Lunas, NM Residential Income Properties for Sale

1345-1351 LOS LENTES Road NE, Los Lunas, NM 87031

102-104 Nathan Court, Los Lunas, NM 87031

102-104 Nathan Court, Los Lunas, NM 87031