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    Ruidoso, NM
    Triplex

    Ruidoso, NM Triplexes for Sale

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    Alto, NM Ruidoso Downs, NM Hagerman, NM Glencoe, NM Capitan, NM Lincoln, NM Hondo, NM Carrizozo, NM
    Triplex With Separate Utilities
    Updated: Apr 20
    Triplex With Separate Utilities

    138 Paradise Canyon Drive, Ruidoso, NM 88345

    $305,000
    0.95 AC lot
    0.95‑acre triplex property on Paradise Canyon in Ruidoso, NM in C1 zoning
    Studio casita unit near completion plus two‑level unit with separate upstairs and downstairs areas
    Upstairs and downstairs areas each include one bedroom and one bath
    Separate electric meters and separate gas meters; single water‑sewer meter
    Frame construction with metal roof; concrete, carpet, and ceramic tile flooring
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    Ruidoso Commercial Zoned Property
    Updated: Apr 20
    Ruidoso Commercial Zoned Property

    138 Paradise Canyon Dr, Ruidoso, NM 88345

    $305,000
    1,455 sqft
    C1 commercial zoning: rare opportunity for residential rental and/or commercial use on Paradise Canyon.
    Triplex with remodeling started: owner has begun remodeling into three units, offering a head start on value creation.
    Potential for 4 units: opportunity to expand to four units, increasing rental income potential.
    Separate electric and gas meters: current units are separately metered for electric and gas, simplifying tenant billing.
    Studio casita near completion: one unit is a studio casita nearing completion, providing immediate rental income potential.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Ruidoso, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Triplex with R1 Zoning
    Triplex with R1 Zoning

    3905 LEAVELL Avenue, El Paso, TX 79904

    $315,000
    1,924 sqft 0.14 AC lot

    Well-maintained triplex on a 0.14-acre lot with wood and tile floors, wall furnace heat, and window unit cooling.

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    Recently Remodeled Triplex
    Recently Remodeled Triplex

    4019 Polk Avenue, El Paso, TX 79930

    $290,000
    1,800 sqft

    Recently remodeled triplex with a new roof, double-pane windows, and tenants paying all utilities.

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    Triplex with Furnished Short-Term Units
    Triplex with Furnished Short-Term Units

    7424 Dulce Road, Carlsbad, NM 88220

    Contact for pricing
    2,336 sqft 1.00 AC lot

    Fully fenced 1-acre property with a furnished manufactured home plus two newly built, furnished detached units.

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    Residential Income Triplex
    Residential Income Triplex

    1403 A W Fox Street, Carlsbad, NM 88220

    Contact for pricing

    Triplex property featuring a recently updated front 2-bedroom home, a separate studio, and a rented back 3-bedroom residence.

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    Ruidoso, NM Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Ruidoso, NM on our real estate platform. These investment opportunities span a total of 1,455 square feet of properties for sale, with an estimated market value of $610,000.

    Sale prices for three-family homes in Ruidoso, NM average $305,000 — 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 3
    Triplexes 2

    Demographics Overview

    Population 8,005
    Population Growth (5Y) -8.0%
    Median Household Income $51,008
    College Educated 23.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    88345 $305K

    Taxes & Financing

    Tax Rate (average for all types) 2.90%
    Property Tax per SF $0.12 per SF
    Tax Rate vs County Average 0.36 pp above county avg
    Average Loan-to-Value 65.0%

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