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 Sandia Park, 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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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.

Updated 3-Residence Triplex
Updated 3-Residence Triplex

3327 Caminito Quintana, Santa Fe, NM 87507

$1,175,000
3,712 sqft

Three separate homes offer distinct living spaces within one Santa Fe property.

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Multifamily Property in Santa Fe
Multifamily Property in Santa Fe

4 Camino Charro, Santa Fe, NM 87507

$735,000
6,460 sqft 1.00 AC lot

Multifamily property featuring three units on approximately one acre.

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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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3-Unit Triplex with Carport
3-Unit Triplex with Carport

124 Turquoise Trail, Santa Fe, NM 87508

$465,000
2,125 sqft 5.00 AC lot

Three apartments comprise one two-bedroom unit and two one-bedroom units, each with mini-split heating and cooling.

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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.

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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Spacious Residential Lot in Santa Fe
Spacious Residential Lot in Santa Fe

20 Bonanza, Santa Fe, NM 87508

$170,000
16.39 AC lot

Residential lot with views, easy access, and rural living.

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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 investment 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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Residential Income

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