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    Ruidoso, NM Triplexes for Sale

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    Alto, NM Ruidoso Downs, NM Hagerman, NM
    Ruidoso Investment Property Opportunity
    $305,000
    0.95 Acres
    Ruidoso Investment Property Opportunity

    138 Paradise Canyon Drive, Ruidoso, NM 88345

    Triplex with commercial potential in Ruidoso, near Rio Ruidoso.
    • C1 commercial zoning offers a rare opportunity for residential rental and/or commercial use.
    • Triplex with potential for 4 units: finish as a triplex or convert to a 4‑unit residential rental.
    • Remodeling started, with one studio casita near completion.
    • Separately metered units for current electric and gas.
    • Ample parking space available.
    Updated: Apr 20
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    Ruidoso Commercial Zoned Property
    $305,000
    1,455 SF
    Ruidoso Commercial Zoned Property

    138 Paradise Canyon Dr, Ruidoso, NM 88345

    Investment property with remodeling started near Rio Ruidoso.
    • 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.
    Updated: Apr 20
    View details
    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.

    Renovated Triplex with Commercial Zoning
    $295,999
    1,856 SF
    Renovated Triplex with Commercial Zoning

    Fully renovated triplex with three rentable units, including two studios, positioned on a high-visibility commercial corridor.

    10284 Nirmal Drive, Socorro, TX 79927

    View details
    El Paso Triplex Investment Opportunity
    $315,000
    1,924 SF
    El Paso Triplex Investment Opportunity

    Well-maintained triplex in El Paso with immediate income potential.

    3905 LEAVELL Avenue, El Paso, TX 79904

    View details
    Socorro Triplex Investment Opportunity
    $195,000
    1,612 SF
    Socorro Triplex Investment Opportunity

    Triplex in Socorro, TX, with owner financing available.

    10247 CALCUTTA Drive, Socorro, TX 79927

    View details
    El Paso Mixed-Use Investment Opportunity
    $350,000
    2,735 SF
    El Paso Mixed-Use Investment Opportunity

    Two buildings with apartments, commercial space, and drive-thru.

    5000 Trowbridge Drive, El Paso, TX 79903

    View details

    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 $305,000.

    Sale prices for three-family homes in Ruidoso, NM start at $305,000, averaging $305,000, and reaching up to $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

    Quadplexes 2
    Triplexes 2
    Apartment buildings 1

    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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