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    Tucumcari, NM
    Residential Income

    Tucumcari, NM Residential Income Properties for Sale

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    Logan, NM
    10-Unit Apartment Complex
    Updated: Jul 1
    10-Unit Apartment Complex

    415 E Washington Street, Tucumcari, NM 88401

    $825,000
    15,964 sqft · 2.07 AC lot
    10‑unit complex with 8 two‑bedroom 1.5‑bath units and 2 three‑bedroom 2‑bath units
    Each unit includes 1–2 car covered parking plus walk‑in closets and central A/C and heat
    Units feature high ceilings and Southwest architectural styling with brick and stone construction
    Small courtyard for each unit with homes arranged around a central circle drive
    Several units recently updated; 2 units rented for the past 10 years to the helicopter service to the hospital
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    Tucumcari Multifamily Property For Sale
    Updated: Oct 3, 2024
    Tucumcari Multifamily Property For Sale

    415 E Washington Ave, Tucumcari, NM 88401

    $825,000
    15,964 sqft
    No property information was provided to extract selling points.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 2 Active listings in Tucumcari, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

    Well-Maintained Fourplex Investment
    Well-Maintained Fourplex Investment

    317 Gayland Drive, Clovis, NM 88101

    $220,000
    3,249 sqft · 0.29 AC lot

    Well-maintained fourplex with long-term tenants, offering steady income potential with proposed rent adjustments.

    View details
    Acreage with Two Homes, Stalls
    Acreage with Two Homes, Stalls

    754A S Roosevelt Rd Q, Portales, NM 88130

    $141,000
    1,024 sqft · 2.52 AC lot

    2.524-acre property near Portales with two homes and covered stalls.

    View details
    Four-Plex Residential Income Property
    Four-Plex Residential Income Property

    317 Gayland Drive, Clovis, NM 88101

    $220,000
    3,249 sqft

    Well-maintained four-unit income property with long-term tenants and the ability to adjust monthly rents.

    View details
    Portales Multifamily Investment Opportunity
    Portales Multifamily Investment Opportunity

    501 S Avenue G, Portales, NM 88130

    $450,000
    6,300 sqft

    Three duplexes near ENMU campus, fully remodeled and occupied.

    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.

    Residential Land Subdivision Opportunity
    Residential Land Subdivision Opportunity

    West Side of N Wilclark Road, Clovis, NM 88101

    $1,000,000
    100.00 AC lot

    47-lot subdivision on 100 acres near Gattis Jr. High.

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    Commercial Land in Clovis, NM
    Commercial Land in Clovis, NM

    1250 Sr 245 Highway, Clovis, NM 88101

    $914,000
    185.00 AC lot

    185 acres of commercial land in high-traffic area.

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    Farmland with Unobstructed Views
    Farmland with Unobstructed Views

    Whiting Road, Roy, NM 87743

    $85,000
    80.00 AC lot

    Nearly flat 80-acre parcel with prairie grasses, power access at the edge, and storage on-site for off-grid living.

    View details
    Subdivision Land in Clovis, NM
    Subdivision Land in Clovis, NM

    Wilclark Road, Clovis, NM 88101

    $1,050,000
    105.00 AC lot

    105-acre, 42-lot subdivision ready for development near Clovis, NM.

    View details

    Off-Market Properties in Tucumcari, NM

    Consider similar Off-Market properties in Tucumcari, 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.

    3507 Rte 66th Blvd
    BOARDING/ROOMING HOUSE

    3507 Rte 66th Blvd, Tucumcari, NM 88401

    Value Estimation by Request
    1.07 AC lot
    View details
    508 3Rd St
    Multifamily properties

    508 3Rd St, Tucumcari, NM 88401

    Value Estimation by Request
    View details
    415 Washington Ave
    Multifamily properties

    415 Washington Ave, Tucumcari, NM 88401

    Value Estimation by Request
    15,964 sqft · 2.07 AC lot
    View details
    2624 Adams St
    BOARDING/ROOMING HOUSE

    2624 Adams St, Tucumcari, NM 88401-3802

    Value Estimation by Request
    View details

    Tucumcari, NM Residential Income Properties Market Trends and Statistics

    Explore 6 residential income properties for sale in Tucumcari, NM on our real estate platform. These investment opportunities span a total of 31,928 square feet of properties for sale, with an estimated market value of $1,650,000.

    Sale prices for residential income properties in Tucumcari, NM start at $825,000, averaging $825,000, and reaching up to $825,000 — 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

    Demographics Overview

    Population 6,871
    Population Growth (5Y) +3.2%
    Median Household Income $46,773
    College Educated 14.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    88401 $985K

    Taxes & Financing

    Tax Rate (average for all types) 3.55%
    Tax Rate vs County Average 0.21 pp above county avg
    Average Loan-to-Value 65.0%

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