Residential Income

Socorro, NM Residential Income Properties for Sale

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Lemitar, NM Polvadera, NM San Antonio, NM San Acacia, NM Magdalena, NM La Joya, NM
Historic Multi-Unit Opportunity in Socorro
Updated: Mar 10
Historic Multi-Unit Opportunity in Socorro

303 Eaton Avenue, Socorro, NM 87801

$450,000
4,023 sqft 1.06 AC lot
Three buildings sold together in Socorro, NM, offering up to seven possible units
Main building was originally built in 1893
Listed on the National Register of Historic Places in 1991
Construction materials include adobe
Included appliances: free‑standing gas range and refrigerator
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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Socorro, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

Two Houses on Eight Acres
Two Houses on Eight Acres

25 JENNIFER Street, Belen, NM 87002

$399,900
3,461 sqft 8.00 AC lot

Two southwestern-style houses with workshop on 8 acres.

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Los Lunas Mobile Home Park
Los Lunas Mobile Home Park

3149 Highway 47, Los Lunas, NM 87031

$3,000,000
12.50 AC lot

Mobile home park and storage units in Los Lunas, New Mexico.

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Zoned C-1 Duplex with Development Land
Zoned C-1 Duplex with Development Land

102-104 Nathan Court, Los Lunas, NM 87031

$650,000
1,846 sqft 4.61 AC lot

Duplex on 4.61 acres in C-1, with nearby 8-inch water/sewer lines and 3-phase power in the area.

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Two Multifamily Buildings For Sale
Two Multifamily Buildings For Sale

101 & 111 North 3rd Street, Belen, NM 87002

Contact for pricing
3,500 sqft 0.47 AC lot

Two separate multifamily properties are offered together, each with multiple units and covered carport parking.

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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.

Residential and Agricultural Land Acreage
Residential and Agricultural Land Acreage

Veguita, NM 87062

$80,000
10.00 AC lot

10-acre lot with septic, private well, and electric hookups, with manufactured and mobile homes welcome.

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Land in Santa Rita Ranches
Land in Santa Rita Ranches

Magdalena, NM 87825

Contact for pricing
20.00 AC lot

20 acre lot in Riley, NM with mountain views.

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Residential Land in Rio Communities
Residential Land in Rio Communities

Belen, NM 87002

Contact for pricing
5.00 AC lot

5-acre lot for residential development or investment.

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Land in Rural New Mexico
Land in Rural New Mexico

Flora D, Bosque, NM 87006

$200,943
12.46 AC lot

12.46 acre parcel suited for custom home.

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Off-Market Properties in Socorro, NM

Consider similar Off-Market properties in Socorro, 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.

Socorro NM Nwq El Camino Real & Bullock Rd
Land

Socorro NM Nwq El Camino Real & Bullock Rd, Socorro, NM 87801

Value Estimation by Request
2.82 AC lot
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Pinon
Land

0 Pinon, Socorro, NM 87801

Value Estimation by Request
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1447 Fatima Rd
Multifamily properties

1447 Fatima Rd, Socorro, NM 87801

Value Estimation by Request
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Socorro, NM Residential Income Properties Market Trends and Statistics

Explore 4 residential income properties for sale in Socorro, NM on our real estate platform. These investment opportunities span a total of 4,023 square feet of properties for sale, with an estimated market value of $450,000.

Sale prices for residential income properties in Socorro, NM start at $450,000, averaging $450,000, and reaching up to $450,000 — 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 1
Multifamily properties 1
Single family properties 1

Demographics Overview

Population 9,309
Population Growth (5Y) -4.5%
Median Household Income $54,032
College Educated 40.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
87801 $300K

Taxes & Financing

Tax Rate (average for all types) 0.10%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Socorro County

New Delisted

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