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    Ruidoso, NM
    Residential Income

    Ruidoso, NM Residential Income Properties for Sale

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    Alto, NM Ruidoso Downs, NM Hagerman, NM Glencoe, NM Capitan, NM Lincoln, NM Hondo, NM Carrizozo, NM
    Triplex With Separate Utilities
    Updated: Apr 20
    Triplex With Separate Utilities

    138 Paradise Canyon Drive, Ruidoso, NM 88345

    $305,000
    0.95 AC lot
    0.95‑acre triplex property on Paradise Canyon in Ruidoso, NM in C1 zoning
    Studio casita unit near completion plus two‑level unit with separate upstairs and downstairs areas
    Upstairs and downstairs areas each include one bedroom and one bath
    Separate electric meters and separate gas meters; single water‑sewer meter
    Frame construction with metal roof; concrete, carpet, and ceramic tile flooring
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    Ruidoso Commercial Zoned Property
    Updated: Apr 20
    Ruidoso Commercial Zoned Property

    138 Paradise Canyon Dr, Ruidoso, NM 88345

    $305,000
    1,455 sqft
    C1 commercial zoning: rare opportunity for residential rental and/or commercial use on Paradise Canyon.
    Triplex with remodeling started: owner has begun remodeling into three units, offering a head start on value creation.
    Potential for 4 units: opportunity to expand to four units, increasing rental income potential.
    Separate electric and gas meters: current units are separately metered for electric and gas, simplifying tenant billing.
    Studio casita near completion: one unit is a studio casita nearing completion, providing immediate rental income potential.
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    40-Unit Apartment Building
    40-Unit Apartment Building

    110 Starlite Rd, Ruidoso, NM 88345

    Contact for pricing
    28,400 sqft 9.00 AC lot

    C-1 Commercial property with renovated interiors, mountain views, and on-site laundry facilities.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Redevelopment Lodge with 16 Units
    Redevelopment Lodge with 16 Units

    107 El Paso Road, Ruidoso, NM 88345

    $990,000

    Redevelopment-ready property with updated building systems and finish-to-suit options for hospitality, apartments, or office uses.

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    Based on your search, we've compiled 40 Potential Opportunities for your consideration. Besides 4 Active listings in Ruidoso, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 28 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.

    Corner-Lot Quadplex
    Corner-Lot Quadplex

    101 Lynx Ave, Cloudcroft, NM 88317

    $395,000
    1,760 sqft 0.12 AC lot

    Corner-lot quadplex configured as two duplexes, totaling five bedrooms and five bathrooms with propane service and a wood-burning fireplace.

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    Fenced RV Park With Workshop
    Fenced RV Park With Workshop

    26339 US-70, Ruidoso Downs, NM 88346

    Contact for pricing
    1,945 sqft

    Combined rental accommodations, workshop space, laundry facilities, and enclosed areas create a varied property configuration.

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    Mobile Home & RV Park with Covered RV
    Mobile Home & RV Park with Covered RV

    33 Pine Ridge, Cloudcroft, NM 88317

    $85,000
    0.15 AC lot

    Zoned Mobile Home Parks, this small lot includes a covered RV with deck and an on-site storage building.

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    La Quinta Inn & Suites (Ruidoso Downs)
    La Quinta Inn & Suites (Ruidoso Downs)

    26147 U.S. 70, Ruidoso Downs, NM 88346

    $5,100,000
    31,500 sqft

    La Quinta Inn & Suites in Ruidoso, NM

    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.

    Level Lot with Mountain Views
    Level Lot with Mountain Views

    101 Bogie Lane lot: 8A, Ruidoso, NM 88345

    $84,500
    0.25 AC lot

    Residential land in Ruidoso, NM, with utilities and mountain views.

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    Ruidoso Land with Mountain Views
    Ruidoso Land with Mountain Views

    312 McBride Drive lot: 32, Ruidoso, NM 88345

    $99,500
    0.65 AC lot

    0.65 acre homesite with breathtaking views in upscale neighborhood.

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    Residential Land Near Grindstone Lake
    Residential Land Near Grindstone Lake

    205 Sunrise Court lot: 19, Ruidoso, NM 88345

    $60,000
    0.41 AC lot

    0.407 acre lot near National Forest and Grindstone Lake.

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    Residential Land Near National Forest
    Residential Land Near National Forest

    206 Mountain High Circle lot: 27, Ruidoso, NM 88345

    $60,000
    0.87 AC lot

    0.869 acre lot near National Forest and Grindstone Lake.

    View details

    Off-Market Properties in Ruidoso, NM

    Consider similar Off-Market properties in Ruidoso, 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.

    138 Paradise Canyon Dr
    Multifamily properties

    138 Paradise Canyon Dr, Ruidoso, NM 88345

    Value Estimation by Request
    1,622 sqft 0.95 AC lot
    View details
    101 Ct
    Multifamily properties

    101 Ct, Ruidoso, NM 88345

    Value Estimation by Request
    15,052 sqft
    View details
    Twin Spruce Ln
    MOBILE HOME PARK, TRAILER PARK

    Twin Spruce Ln, Ruidoso, NM 88345

    $320,000
    Estimated value
    3.53 AC lot
    View details
    120 Service Rd
    MOBILE HOME PARK, TRAILER PARK

    120 Service Rd, Ruidoso, NM 88345-6045

    $250,000
    Estimated value
    840 sqft
    View details
    122 Service Rd
    MOBILE HOME PARK, TRAILER PARK

    122 Service Rd, Ruidoso, NM 88345

    $270,000
    Estimated value
    924 sqft
    View details
    115 Robin Rd
    MOBILE HOME PARK, TRAILER PARK

    115 Robin Rd, Ruidoso, NM 88345-6233

    $245,000
    Estimated value
    768 sqft
    View details
    206 Gavilan Cyn Rd
    MOBILE HOME PARK, TRAILER PARK

    206 Gavilan Cyn Rd, Ruidoso, NM 88345-6159

    $340,000
    Estimated value
    1,280 sqft
    View details
    200 Gavilan Cyn Rd
    MOBILE HOME PARK, TRAILER PARK

    200 Gavilan Cyn Rd, Ruidoso, NM 88345-6077

    $250,000
    Estimated value
    980 sqft
    View details
    400 Gavilan Cyn Rd
    MOBILE HOME PARK, TRAILER PARK

    400 Gavilan Cyn Rd, Ruidoso, NM 88345-6059

    $415,000
    Estimated value
    1,680 sqft
    View details
    200 Gavilan Cyn Rd
    MOBILE HOME PARK, TRAILER PARK

    200 Gavilan Cyn Rd, Ruidoso, NM 88345-6077

    $270,000
    Estimated value
    924 sqft
    View details
    206 Gavilan Cyn Rd
    MOBILE HOME PARK, TRAILER PARK

    206 Gavilan Cyn Rd, Ruidoso, NM 88345-6159

    $350,000
    Estimated value
    1,280 sqft
    View details
    115 2nd St
    MOBILE HOME PARK, TRAILER PARK

    115 2nd St, Ruidoso, NM 88345-7528

    $255,000
    Estimated value
    1,064 sqft
    View details
    2nd St
    MOBILE HOME PARK, TRAILER PARK

    2nd St, Ruidoso, NM 88345

    $250,000
    Estimated value
    840 sqft
    View details
    115 Robin Rd Trlr, Unit 8
    MOBILE HOME PARK, TRAILER PARK

    115 Robin Rd Trlr, Ruidoso, NM 88345-6233

    Unit 8
    $255,000
    Estimated value
    672 sqft
    View details
    Ruidoso, NM 88345
    MOBILE HOME PARK, TRAILER PARK

    Ruidoso, NM 88345

    $290,000
    Estimated value
    1,216 sqft
    View details
    Allison Ln
    MOBILE HOME PARK, TRAILER PARK

    Allison Ln, Ruidoso, NM 88345

    $265,000
    Estimated value
    784 sqft
    View details
    Ruidoso, NM 88345
    MOBILE HOME PARK, TRAILER PARK

    Ruidoso, NM 88345

    $250,000
    Estimated value
    980 sqft
    View details
    Ruidoso, NM 88345
    MOBILE HOME PARK, TRAILER PARK

    Ruidoso, NM 88345

    $280,000
    Estimated value
    840 sqft
    View details
    Ruidoso, NM 88345
    MOBILE HOME PARK, TRAILER PARK

    Ruidoso, NM 88345

    $355,000
    Estimated value
    1,280 sqft
    View details
    Ruidoso, NM 88345
    MOBILE HOME PARK, TRAILER PARK

    Ruidoso, NM 88345

    $275,000
    Estimated value
    1,120 sqft
    View details

    Ruidoso, NM Residential Income Properties Market Trends and Statistics

    Explore 32 residential income properties for sale in Ruidoso, NM, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 29,855 square feet of properties for sale, with an estimated market value of $1,600,000.

    Sale prices for residential income properties in Ruidoso, NM start at $305,000, averaging $533,333, and reaching up to $990,000 — 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 5
    Apartment buildings 3
    Triplexes 2

    Demographics Overview

    Population 8,005
    Population Growth (5Y) -8.0%
    Median Household Income $51,008
    College Educated 23.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    88345 $533.3K

    Taxes & Financing

    Tax Rate (average for all types) 2.90%
    Property Tax per SF $0.12 per SF
    Tax Rate vs County Average 0.36 pp above county avg
    Average Loan-to-Value 65.0%

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