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    Madrid, NM
    Residential Income

    Madrid, NM Residential Income Properties for Sale

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    Santa Fe, NM Lamy, NM Galisteo, NM Budaghers, NM Stanley, NM Pena Blanca, NM Placitas, NM
    Mixed-Use Property with Storefront
    Updated: Aug 6
    Mixed-Use Property with Storefront

    2864 NM 14, Cerrillos, NM 87010

    $540,000
    3,723 sqft 0.18 AC lot
    Approximately 1,400‑square‑foot storefront
    Three residential spaces: 320‑square‑foot studio, 612‑square‑foot one‑bedroom apartment, and 477‑square‑foot casita
    3,723 square feet on 0.18 acres
    New roof plus electrical and plumbing updates
    Courtyards separate the rear casita from the main building
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Madrid, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Equestrian Compound with Three Residences
    Equestrian Compound with Three Residences

    54 Rons Road, Santa Fe, NM 87508

    $1,210,000
    5,975 sqft 9.36 AC lot

    Rural Residential property includes an indoor arena, heated pool, and private well.

    View details
    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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    Triplex with Covered Parking
    Triplex with Covered Parking

    124 Turquoise Trail, Santa Fe, NM 87508

    $465,000
    2,125 sqft 5.05 AC lot

    Three separate apartments feature open layouts, private kitchens, and ductless heating and cooling.

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    Multifamily Property in Santa Fe
    Multifamily Property in Santa Fe

    4 Camino Charro, Santa Fe, NM 87507

    Contact for pricing
    6,460 sqft 1.00 AC lot

    Multifamily property featuring three units on approximately one acre.

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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.

    Secluded Land in Cerrillos, NM
    Secluded Land in Cerrillos, NM

    Hanuman, Cerrillos, NM 87010

    $79,000
    41.67 AC lot

    Private 42-acre off-grid land near Santa Fe.

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    Remote Land in Ortiz Foothills
    Remote Land in Ortiz Foothills

    185 Stoney Road, Cerrillos, NM 87010

    $94,000
    39.94 AC lot

    39.94 acres in a remote, accessible location.

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    Rural Residential Land Parcel
    Rural Residential Land Parcel

    156 Wagon Trail, Cerrillos, NM 87010

    $259,000
    40.00 AC lot

    40-acre rural residential parcel in Santa Fe County with underground power and maintained access roads.

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    Rural Residential View Lot
    Rural Residential View Lot

    176 Wagon Trail, Cerrillos, NM 87010

    $235,000
    40.00 AC lot

    Forty-acre rural residential lot with major mountain views, varied topography, and road frontage on two sides.

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    Madrid, NM Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Madrid, NM on our real estate platform. These investment opportunities span a total of 3,723 square feet of properties for sale, with an estimated market value of $540,000.

    Sale prices for residential income properties in Madrid, NM average $540,000 — 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 1

    Demographics Overview

    Population 1,147
    Population Growth (5Y) +13.6%
    Median Household Income $45,490
    College Educated 84.5%

    Listings Trend

    New vs delisted commercial listings in Santa Fe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Santa Fe County

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