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    Milan, NM
    Residential Income

    Milan, NM Residential Income Properties for Sale

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    Grants, NM San Rafael, NM Thoreau, NM Bluewater, NM Ramah, NM
    Multifamily Property with Additional House
    Updated: Jun 12
    Multifamily Property with Additional House

    416 hwy 66, Milan, NM 87021

    $865,000
    22,000 sqft
    17‑unit property plus an additional house on the same lot
    Tile flooring
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    Duplex with Two Rental Units
    Updated: May 20, 2025
    Duplex with Two Rental Units

    701 Lava, Milan, NM 87021

    $139,000
    1,922 sqft 0.38 AC lot
    Two rental units with separate electric and gas meters
    3‑bedroom, 2‑bath unit plus 2‑bedroom, 1‑bath unit
    Forced air and central heating with swamp coolers
    0.38‑acre lot with space for manufactured‑home parking
    Metal roof, frame and stucco construction
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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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Milan, 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.

    Triplex with In-Unit Washer/Dryer Hookups
    Triplex with In-Unit Washer/Dryer Hookups

    502 E Green Avenue, Gallup, NM 87301

    $325,000
    3,000 sqft 0.16 AC lot

    Triplex with in-unit washer and dryer hookups, propane heating, and window-unit cooling.

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    RV Park With Service Building
    RV Park With Service Building

    1708 Zuni Canyon Rd, Grants, NM 87020

    Contact for pricing

    RV park property includes a 50-by-30 service building with recent pro-panel roofing and multiple shower bathrooms.

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    Red Roof Inn
    Red Roof Inn

    3304 West Highway 66, Gallup, NM 87301

    $5,350,000
    52,000 sqft

    Red Roof Inn – Gallup, NM

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    Updated Multifamily Building
    Updated Multifamily Building

    730 2nd St, Grants, NM 87020

    Contact for pricing

    Updated multifamily property with a 10-unit flex configuration and reported good rental history.

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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.

    Recreation and Home Building Land
    Recreation and Home Building Land

    700 Timberlake Road, Ramah, NM 87321

    $117,000
    6.36 AC lot

    6.36-acre parcel in Timberlake Ranch with existing well, septic system, and RV hookups.

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    Land with Views and Utilities
    Land with Views and Utilities

    E Elk Drive lot: 14, Ramah, NM 87321

    $39,000
    5.40 AC lot

    5.4 acres of land with power, meadows, and views.

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    Residential Land Lot with Wide Frontage
    Residential Land Lot with Wide Frontage

    2126 36th Street SW, Rio Rancho, NM 87124

    Contact for pricing
    0.50 AC lot

    A half-acre residential lot in Rio Rancho with a wide front line and permission for manufactured homes pending county requirements.

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    Residential Land Lot
    Residential Land Lot

    2305 30th Street SW, Rio Rancho, NM 87124

    Contact for pricing
    0.50 AC lot

    Half-acre lot in Rio Rancho with 80' frontage, suitable for manufactured homes pending county criteria.

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    Milan, NM Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Milan, NM on our real estate platform. These investment opportunities span a total of 23,922 square feet of properties for sale, with an estimated market value of $1,004,000.

    Sale prices for residential income properties in Milan, NM start at $139,000, averaging $502,000, and reaching up to $865,000 — 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
    Apartment buildings 1
    Duplexes 1
    Single family properties 1

    Demographics Overview

    Population 3,164
    Median Household Income $39,041
    College Educated 10.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    87021 $502K

    Listings Trend

    New vs delisted commercial listings in Cibola County

    New Delisted

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