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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 Capitan, NM Lincoln, NM Carrizozo, NM
    12-Unit Two-Level Apartment Building
    Updated: Jun 29, 2025
    12-Unit Two-Level Apartment Building

    106 Granite Dr, Ruidoso, NM 88345

    $2,500,000
    14,336 sqft
    12 fully leased condominium units
    Approved potential for 13 additional units, for a total of 25
    14,336 square feet of property size
    Two‑level layouts with 2 bedrooms per unit
    Each unit includes a fireplace and deck
    View details
    40-Unit Apartment Building
    Updated: Aug 2
    40-Unit Apartment Building

    110 Starlite Rd, Ruidoso, NM 88345

    Contact for pricing
    28,400 sqft 9.00 AC lot
    40‑unit apartment property with efficiency, studio, one-, two-, and three‑bedroom units
    Over 28,400 square feet of leasable space on 5.5 acres
    Most units occupied under long‑term leases with security deposits on file
    Newer metal roofs across all buildings; interior unit renovations ongoing
    Roughly 2,300 square‑foot lobby and approximately 2,000 square‑foot enclosed storage building
    View details
    Redevelopment Lodge with 16 Units
    Redevelopment Lodge with 16 Units

    107 El Paso Road, Ruidoso, NM 88345

    $650,000

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

    View details
    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 39 Potential Opportunities for your consideration. Besides 3 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.

    Updated Duplex with Mini-Splits
    Updated Duplex with Mini-Splits

    1011 Catalina LN, Alamogordo, NM 88310

    $169,999
    1,250 sqft 0.20 AC lot

    Two one-bedroom, one-bath units feature newer windows, stucco, and individual electric heating and cooling.

    View details
    Fenced RV Park With Workshop
    Fenced RV Park With Workshop

    26339 Us Highway 70, Ruidoso Downs, NM 88346

    $349,000
    1,945 sqft

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

    View details
    Mobile Home and RV Park
    Mobile Home and RV Park

    301 Harris Ln, Ruidoso Downs, NM 88346

    $575,000
    1.70 AC lot

    Fully occupied income property with seller-owned units included in the transfer.

    View details
    Mobile Home and RV Park Community
    Mobile Home and RV Park Community

    1000 MESCALERO AVE, Alamogordo, NM 88310

    Contact for pricing

    Community offers 25 rentable units, with 92% occupancy and city water and sewer services.

    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.

    Ruidoso Land with Mountain Views
    Ruidoso Land with Mountain Views

    312 McBride Drive lot: 32, Ruidoso, NM 88345

    $79,500
    0.65 AC lot

    0.65 acre homesite with breathtaking views in upscale neighborhood.

    View details
    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.

    View details
    Ruidoso Land with Sierra Views
    Ruidoso Land with Sierra Views

    205 Timberline Place lot: 1, Ruidoso, NM 88345

    $94,500
    0.58 AC lot

    Buildable 0.58 acre lot with city utilities and views.

    View details
    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.

    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

    Estimated value: by Request
    1,622 sqft 0.95 AC lot
    View details
    Twin Spruce Ln
    MOBILE HOME PARK, TRAILER PARK

    Twin Spruce Ln, Ruidoso, NM 88345

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

    120 Service Rd, Ruidoso, NM 88345-6045

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

    122 Service Rd, Ruidoso, NM 88345

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

    115 Robin Rd, Ruidoso, NM 88345-6233

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

    206 Gavilan Cyn Rd, Ruidoso, NM 88345-6159

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

    200 Gavilan Cyn Rd, Ruidoso, NM 88345-6077

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

    400 Gavilan Cyn Rd, Ruidoso, NM 88345-6059

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

    200 Gavilan Cyn Rd, Ruidoso, NM 88345-6077

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

    206 Gavilan Cyn Rd, Ruidoso, NM 88345-6159

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

    115 2nd St, Ruidoso, NM 88345-7528

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

    2nd St, Ruidoso, NM 88345

    Estimated value:
    $250,000
    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
    Estimated value:
    $255,000
    672 sqft
    View details
    Ruidoso, NM 88345
    MOBILE HOME PARK, TRAILER PARK

    Ruidoso, NM 88345

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

    Allison Ln, Ruidoso, NM 88345

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

    Ruidoso, NM 88345

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

    Ruidoso, NM 88345

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

    Ruidoso, NM 88345

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

    Ruidoso, NM 88345

    Estimated value:
    $275,000
    1,120 sqft
    View details
    Ruidoso, NM 88345
    MOBILE HOME PARK, TRAILER PARK

    Ruidoso, NM 88345

    Estimated value:
    $245,000
    952 sqft
    View details

    Ruidoso, NM Residential Income Properties Market Trends and Statistics

    Explore 31 residential income properties for sale in Ruidoso, NM, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 42,736 square feet of properties for sale, with an estimated market value of $3,150,000.

    Sale prices for residential income properties in Ruidoso, NM start at $650,000, averaging $1,575,000, and reaching up to $2,500,000 — 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

    Apartment buildings 3
    Multifamily properties 3

    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 $1.2M

    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%

    Total CRE Inventory on Market (SF)

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