Residential Income

Truth Or Consequences, NM Residential Income Properties for Sale

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Elephant Butte, NM Caballo, NM Arrey, NM Monticello, NM Cuchillo, NM
Duplex with Xeriscape Landscaping
Updated: Jun 19
Duplex with Xeriscape Landscaping

913 LOCUST ST, Truth Or Consequences, NM 87901

$238,000
Duplex built in 1965
Mint green exterior with metal roofing
Xeriscape grounds with mature cacti, succulents, native plants, and decorative stonework
Colorful interiors with wood cabinetry and tile flooring
Backyard with patio seating, shade sail, and fire pit
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Historic Hot Springs Hospitality Property
Updated: May 27, 2025
Historic Hot Springs Hospitality Property

516 Austin St, Truth Or Consequences, NM 87901

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5,528 sqft
Hoosier Hot Springs in the Hot Springs Bathhouse and Commercial Historic District in Truth or Consequences
56‑acre historic district listed on the National Register of Historic Places in 2005
Three lines of business: hot springs, inn/short‑term rentals, and residences/long‑term rentals
Hot springs renovated and reintroduced to the public in early 2024
Inn/short‑term rentals include 5 renovated units (4 suites and 1 room), opened November 2024
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Hoosier Hot Springs & Inn
Hoosier Hot Springs & Inn

516 Austin St, Truth Or Consequences, NM 87901

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5,528 sqft

Historic hot springs and inn with short and long-term rentals.

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8-Unit Residential Income Property
8-Unit Residential Income Property

503 Mims, Truth Or Consequences, NM 87901

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Eight residential units are leased in a downtown multifamily complex, offering an income-producing setup for new ownership.

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Fully Leased Apartment Complex
Fully Leased Apartment Complex

470 S Foch St, Truth Or Consequences, NM 87901

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Charming fully leased apartment complex in the historic hot water district of Truth or Consequences, NM.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 5 Active listings in Truth Or Consequences, 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-Unit Duplex with Central Air
Two-Unit Duplex with Central Air

1205 N Gold Street, Silver City, NM 88061

$150,000
2,128 sqft 0.22 AC lot

Two-unit duplex with central air, public water and sewer, and on-street parking in Silver City.

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Apartment Building with Solar Panels
Apartment Building with Solar Panels

311 Hurt Road, Las Cruces, NM 88007

$800,000
2.71 AC lot

Five income-producing units with solar power and on-street and carport parking.

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Duplex Income Property
Duplex Income Property

705 Cactus #1 & 2, Las Cruces, NM 88001

$295,000

Two-unit duplex with each side offering three bedrooms and two bathrooms.

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Mobile Home Park
Mobile Home Park

51 Whiskey Cr Airport Rd, Silver City, NM 88061

Contact for pricing

Mobile home & RV parks

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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.

San Lorenzo Land with Views
San Lorenzo Land with Views

7x San Tomas Road, San Lorenzo, NM 88041

$32,000
4.60 AC lot

4.6-acre lot with stunning views in Noonday Heights Subdivision.

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Mimbres Land with Mountain Views
Mimbres Land with Mountain Views

324 Caballo Blanco, Mimbres, NM 88049

$134,900
21.58 AC lot

21.58 acres in Mimbres with utilities and cabin.

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Fenced 20 Acres with Mineral Rights
Fenced 20 Acres with Mineral Rights

6100 County Road D087, Las Cruces, NM 88001

$549,000
896 sqft 20.00 AC lot

20 acres, mineral rights, new septic, new well, mountain views.

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Las Cruces Land For Sale
Las Cruces Land For Sale

40 Tasmania Avenue, Las Cruces, NM 88012

$115,000
15.06 AC lot

15.06 acres with development potential in Las Cruces, NM.

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Off-Market Properties in Truth Or Consequences, NM

Consider similar Off-Market properties in Truth Or Consequences, 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.

1710 Broadway St
Multifamily properties

1710 Broadway St, Truth Or Consequences, NM 87901

Value Estimation by Request
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205 Coleman St
Multifamily properties

205 Coleman St, Truth Or Consequences, NM 87901

Value Estimation by Request
1.75 AC lot
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2335 Broadway St
Multifamily properties

2335 Broadway St, Truth Or Consequences, NM 87901

Value Estimation by Request
View details

Truth Or Consequences, NM Residential Income Properties Market Trends and Statistics

Explore 8 residential income properties for sale in Truth Or Consequences, NM, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 11,056 square feet of properties for sale, with an estimated market value of $238,000.

Sale prices for residential income properties in Truth Or Consequences, NM average $238,000 — 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 6
Apartment buildings 2
Duplexes 2
Short term rental properties 2

Demographics Overview

Population 6,459
Population Growth (5Y) +1.0%
Median Household Income $27,868
College Educated 26.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
87901 $599K

Listings Trend

New vs delisted commercial listings in Sierra County

New Delisted

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