New Mexico Triplexes for Sale

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Albuquerque, NM Santa Fe, NM Las Cruces, NM Farmington, NM Rio Rancho, NM Clovis, NM Belen, NM Los Lunas, NM

73 properties

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Updated: Aug 17

Triplex Requiring Extensive Repairs

336 Rhode Island Street NE, Albuquerque, NM 87108

$255,000

2,375 sqft 0.16 AC lot

Triplex property with 2,375 square feet of building area
Situated on a 0.16‑acre lot
Built in 1957
City‑cited as substandard and not safe to enter
Repair needs include roof, plumbing, flooring, paint, and water damage remediation

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Here's a quick look at some key insights for

336 Rhode Island Street NE, Albuquerque, NM 87108

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Est. Cap Rate

8.5%
Above avg (5.9%)
Est. NOI

$22K
Annual
Price @ 7% Cap

$310K
Above asking
Property Type

Parcels With Improvements, Use Not Specified
Built 1957

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Updated: Aug 12

Updated Triplex with Owner's Unit

2905 Palo Verde Drive NE, Albuquerque, NM 87112

$625,000

3,400 sqft 0.19 AC lot

Three‑unit triplex totaling 3,400 square feet
Owner's unit includes 3 bedrooms, 2 bathrooms, and a 2‑car garage
Each unit features a fireplace
New TPO roof installed in 2024
Units updated in 2026 with flooring, paint, and refinished cabinets

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7-Unit Multifamily Property

1003-1005 Carlisle Boulevard SE, Albuquerque, NM 87106

$994,495

4,805 sqft 0.18 AC lot

Two separate parcels combine updated apartments with private yard areas and in-unit laundry.

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Updated Triplex with Separate Meters

2702, 2710, 2712 Calle De Oriente Norte, Santa Fe, NM 87507

$675,000

3,064 sqft 0.19 AC lot

Three-unit residential income property with assigned parking, private outdoor areas, and tenant-paid utilities.

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Three-Unit Multifamily Property

703 Athenian Way, Las Cruces, NM 88011

$750,000

4,604 sqft

Fully occupied residential income property with three-bedroom layouts and two bathrooms in each residence.

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Courtyard-Style Triplex

533 Valencia Drive SE, Albuquerque, NM 87108

$331,592

1,929 sqft 0.16 AC lot

Income-producing triplex with renovated interiors, shared courtyard character, private patios, and off-street parking.

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Tri-Plex With Private Entrances

508 Walter Street SE, Albuquerque, NM 87102

$549,000

1,372 sqft 0.12 AC lot

Turn-key tri-plex with three one-bedroom, one-bath units, private entrances, and off-street parking with a fenced yard.

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Updated Triplex with Three Residences

3327 Caminito Quintana, Santa Fe, NM 87507

$1,250,000

3,712 sqft 0.17 AC lot

Three separate residences include renovated interiors, upgraded electrical panels, and dedicated features across the property.

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Updated 7-Unit Multifamily Compound

1003-1005 Carlisle Blvd, Albuquerque, NM 87106

$1,008,490

4,805 sqft

Two parcels combine a fourplex and triplex with refreshed interiors and private outdoor areas.

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Remodeled Triplex with Updated Systems

1609 Lundy Lane SW, Albuquerque, NM 87105

$465,000

2,766 sqft 0.28 AC lot

Three residential units offer refreshed interiors, newer appliances, and dedicated parking for multiple vehicles.

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Updated Triplex with Owner’s Unit

2905 Palo Verde Dr, Albuquerque, NM 87112

$625,000

3,400 sqft

Three-unit property with refreshed interiors, fireplaces, and an owner’s residence with attached garage.

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Triplex with Updated Interiors

3327 Caminito Quintana, Santa Fe, NM 87507

$1,250,000

3,712 sqft 0.17 AC lot

Triplex with three distinct residences, public utilities, and extensive interior and systems updates.

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Historic Ranch-Style Triplex with Casitas

24 Matisse Road NE, Albuquerque, NM 87123

$1,249,000

8,134 sqft 10.71 AC lot

Historic ranch-style triplex with two casitas, each with a private entry and courtyard, plus patio and propane heating.

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Three-Unit Residential Property

4013 Thaxton Ave Se, Albuquerque, NM 87108

$525,000

2,734 sqft

Triplex with two two-bedroom homes and one one-bedroom residence, each equipped with an in-unit washer and dryer.

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Updated Triplex with In-Unit Washer/Dryers

1003 Carlisle Boulevard SE, Albuquerque, NM 87106

$479,995

2,156 sqft 0.18 AC lot

Updated triplex built in 1947 with in-unit washer/dryers and patio space, positioned for close access to UNM and I-25.

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Triplex with Two-Bedroom Units

525 Valencia Drive SE, Albuquerque, NM 87108

$395,000

2,320 sqft 0.16 AC lot

Three rental units in good condition with two bedrooms, one bath, and parking for each unit.

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Updated Triplex With Private Entrances

508 Walter St, Albuquerque, NM 87102

$549,000

1,372 sqft

Three one-bedroom apartments provide separate access, off-street parking, and a fenced yard.

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Triplex with One-Bedroom Units

1607 5th Street, Santa Fe, NM 87505

$496,084

1,740 sqft 0.11 AC lot

Three residences feature one-bedroom, one-bath layouts within a compact Santa Fe property.

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Updated Triplex with Detached Casita

3327 Caminito Quintana, Santa Fe, NM 87507

$1,250,000

1,188 sqft

Three separate units support flexible occupancy, multigenerational living, and rental use.

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Three-Unit Triplex

1607 5th Street, Santa Fe, NM 87505

$496,084

1,740 sqft 0.11 AC lot

Three one-bedroom, one-bath units feature public water and sewer service within a 1980 multifamily property.

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Remodeled Triplex With Updated Systems

1609 Lundy Ln Sw, Albuquerque, NM 87105

$465,000

2,766 sqft 0.28 AC lot

Three residential units offer varied layouts, recent improvements, and parking for two or more vehicles per unit.

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Renovated Triplex with Private Courtyards

903-907 S Main Street, Magdalena, NM 87825

$155,000

590 sqft 0.14 AC lot

Three one-bedroom rental units offer kitchens, living rooms, patios, and recent interior and exterior paint.

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Three-Unit Live-Work Property

1101 Douglas Ave, Las Vegas, NM 87701

$465,000

3,200 sqft

Includes a former medical office layout plus two standalone one-bedroom rental units.

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Triplex With Multiple Garages

158 Independence Avenue, Las Vegas, NM 87701

$379,900

3,515 sqft 1.41 AC lot

Three separate residences occupy a two-lot property with storage and workspace structures.

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New Mexico Triplexes Market Trends and Statistics

Explore 73 triplexes for sale in New Mexico, showcased through 73 active listings on our real estate platform. These investment opportunities span a total of 143,629 square feet of properties for sale, with an estimated market value of $35,033,814.

Sale prices for three-family homes in New Mexico start at $155,000, averaging $614,628, 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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