New Mexico Short term rental properties for sale

Updated: Feb 16

Mixed-Use Property with Storefront

315 Rio Grande Boulevard NW, Albuquerque, NM 87104

$560,000

3,495 sqft 0.22 AC lot

1930‑built property with block, frame, and stucco construction and concrete flooring
Rio Grande Blvd‑facing commercial storefront building with a private exterior entry 2nd‑floor studio apt.
Separate duplex building with one 2‑bed/1‑bath unit and one studio/1‑bath unit.
Private 2‑bed/1‑bath casita at the back of the lot.
Almost a quarter‑acre lot in Old Town, with proximity to Old Town Plaza.

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315 Rio Grande Boulevard NW, Albuquerque, NM 87104

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Est. Cap Rate

7.6%
Above avg (5.9%)
Est. NOI

$42K
Annual
Price @ 7% Cap

$607K
Above asking
Property Type

Apartments (Generic)
Built 1930

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Updated: May 1

Multi-Family Property with Four Units

3102 Rosendo Garcia Road SW, Albuquerque, NM 87105

$549,999

4,465 sqft 0.51 AC lot

Approximately half‑acre South Valley property with 4 heated/cooled units, including a 5 bed/2 bath main home and a 2 bed/1 bath secondary home
Additional 2 detached units with potential for STR, offices, or storage
Recent upgrades include HVAC/mini splits, electrical, plumbing, and new additions
Appliances include dishwasher, refrigerator, free‑standing gas range, range hood, self‑cleaning oven, washer, and dryer
Year built 1940 with stucco/adobe construction and carpet and tile flooring

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Restored Adobe Duplex Property

1913 Lomas Boulevard NW, Albuquerque, NM 87104

$619,900

1,613 sqft 0.25 AC lot

Own two lovingly restored adobe homes with updated kitchens and baths, currently operating as short-term rentals.

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Santa Fe Duplex with Rental Potential

1417 Agua Fria Street, Santa Fe, NM 87505

$798,000

1,742 sqft 0.30 AC lot

Duplex adaptable for single-family, long-term, or short-term rental.

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Ranchos de Taos Rental Property

29 Sebastian Rd, Ranchos De Taos, NM 87557

$515,000

1,350 sqft

Single-asset short-term rental in Ranchos de Taos, New Mexico.

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Turnkey Tri-Plex with Private Entrances

508 Walter Street SE, Albuquerque, NM 87102

$549,000

1,372 sqft 0.12 AC lot

Three 1-bedroom units with private entrances, off-street parking, and a fenced yard make this a strong rental-focused buy.

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Three-Unit Residential Income Property

319 Rio Grande Boulevard NW, Albuquerque, NM 87104

$615,000

1,518 sqft 0.22 AC lot

Three separate residences with off-street parking offer flexible living or rental configurations near Old Town.

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Santa Fe Condo with Rental Potential

1043 Don Diego #E, Santa Fe, NM 87505

$615,000

1,624 sqft 0.02 AC lot

Spacious condo in South Capital C1 district, ideal for rentals.

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Residential Income Cabin Estate

Tererro, NM 87573

$5,680,000

8,000 sqft 11.00 AC lot

Four deeded properties sold as one estate with multiple cabins, a duplex, and well and septic service.

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Modern Albuquerque Multifamily Investment Opportunity

615 Iron Avenue SW, Albuquerque, NM 87102

$1,500,000

6,574 sqft 0.16 AC lot

Newer 6-unit building, strong income potential, successful Airbnb rentals.

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Hoosier Hot Springs Historic District

516 Austin St, Truth Or Consequences, NM

$2,279,000

5,528 sqft 0.41 AC lot

Historic district property with hot springs, inn, and residences.

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Hoosier Hot Springs & Inn

516 Austin St, Truth Or Consequences, NM 87901

$2,800,000

5,528 sqft

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

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New Mexico Short Term Rental Properties Market Trends and Statistics

Explore 12 short term rental properties for sale in New Mexico, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 42,809 square feet of properties for sale, with an estimated market value of $17,080,899.

Sale prices for short term rental properties in New Mexico start at $515,000, averaging $1,423,408, and reaching up to $5,680,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.