Multi Family homes for sale & real estate in New Mexico, NM

200 homes

Sort:

Recommended

Albuquerque
Santa Fe
Las Cruces
Taos
Rio Rancho
Los Alamos
Ruidoso
Corrales
Silver City
Roswell
Los Lunas
Farmington
Alamogordo
Tijeras
Placitas

ABOUT THIS HOME
Multi Family Home for sale in New Mexico, NM:
This versatile duplex in Milan, New Mexico, presents a fantastic investment opportunity with two distinct units. The first unit features 3 bedrooms and 2 baths, while the second offers 2 bedrooms and 1 bath. In addition, the property includes a spacious lot, ideal for parking a manufactured home to add another income-generating unit. Each unit is equipped with separate electric and gas meters, ensuring independent utilities for tenants. Both units currently have long-term renters in place, providing steady income. Swamp coolers offer efficient cooling, while the durable metal roof enhances the property's longevity.

$139,000

3 beds2 baths1,922 sq ft

701 Lava, Milan, NM 87021

Durable metal roof • Spacious lot • 0.38 acre lot

ABOUT THIS HOME
Multi Family Home for sale in New Mexico, NM:
This 52-unit community is nestled in tall pines trees on a cul-de-sac just a short distance to the foothills of the Sacramento mountains and short drive to New Mexico's iconic White Sands national monument. The area economy is driven by the military (Holloman air force base, hope to the 54th Fighter group and the MQ-9 Reaper/Predator Drones. )Built in 1986-1987, this 52 unit community has solid 2''x6'' construction, higher end finishes and vaulted ceilings in the upstairs units. The property contains 24 studios, 24 x 1 bedroom/1 bathrooms and 4 two bedrooms, two of which have garages. Based on an ask price of $4,724,000 the current average rents of $821 per month, the property's measures of

$4,724,000

5 beds1 bath30,020 sq ft

2100 Stardust Ct, Alamogordo, NM 88310

1.98 acre lot • Built 1987 • Listed 533 days

ABOUT THIS HOME
Multi Family Home for sale in New Mexico, NM:
15 Units with $900 per month average on rent. Seller pays water. Room to add more units on the bottom story.

$1,200,000

15 beds15 baths— sq ft

210 W Dunnam St, Hobbs, NM 88240

0.48 acre lot • Listed 422 days

$375,000

— beds2 baths4,368 sq ft

1024 Mockingbird Ln, Clovis, NM 88101

Built 1985 • Listed 194 days

ABOUT THIS HOME
Multi Family Home for sale in New Mexico, NM:
Introducing a Unique Ownership Opportunity – Brand New 4-Plex Available for Purchase! Embrace the chance to own a brand new 4-plex. Each 4-plex unit offers a 2-bedroom, 2-bathroom layout. Each unit will come fully equipped with brand new kitchen appliances as well as a washer and dryer. Located just 3 blocks from Eastern New Mexico University, this property presents a good investment for those looking to cater to the student community. It is also a convenient location for the Cannon Air Force Base. What sets this property apart is its construction features designed for energy efficiency and durability. Additionally, every unit comes with a fenced backyard, offering a private outdoor

$491,000

4 beds4 baths3,780 sq ft

1500 S Avenue G, Portales, NM 88130

Durability features • Convenient location • Brand new 4-plex

Property at 674 S Roosevelt Road T, Portales, NM 88130

$250,000

— beds— baths— sq ft

674 S Roosevelt Road T, Portales, NM 88130

Property at 413 S Avenue A, Portales, NM 88130

$105,000

— beds— baths— sq ft

413 S Avenue A, Portales, NM 88130

Property at 1020-1020 1/2 W 8th St, Clovis, NM 88101

$99,900

— beds— baths1,504 sq ft

1020-1020 1/2 W 8th St, Clovis, NM 88101

Property at 423 Marr St, Truth Or Consequences, NM 87901, 1 bed, 4 baths

$575,000

1 bed4 baths— sq ft

423 Marr St, Truth Or Consequences, NM 87901

Property at 5045 Bloomfield Hwy Hwy, Farmington, NM 87401, 9 beds, 6 baths

$1,647,000

9 beds6 baths7,320 sq ft

5045 Bloomfield Hwy Hwy, Farmington, NM 87401

Property at 1129 Calle Del Rio, Bloomfield, NM 87413, 7 beds, 4 baths

$750,000

7 beds4 baths3,196 sq ft

1129 Calle Del Rio, Bloomfield, NM 87413

Property at 1100 1104 Palomas Dr SE, Albuquerque, NM 87108, 2 beds, 1 bath

$963,138

2 beds1 bath7,720 sq ft

1100 1104 Palomas Dr SE, Albuquerque, NM 87108

Property at 433 W Second St N Unit 1&2, Capitan, NM 88316, 3 beds, 2 baths

$239,000

3 beds2 baths1,875 sq ft

433 W Second St N Unit 1&2, Capitan, NM 88316

Property at 34 Varos Rd, Arroyo Hondo, NM 87571, 10 beds, 10 baths

$779,000

10 beds10 baths— sq ft

34 Varos Rd, Arroyo Hondo, NM 87571

Property at 1800 S Pennsylvania Ave, Roswell, NM 88201, 1 bed, 1 bath

$3,415,169

1 bed1 bath45,798 sq ft

1800 S Pennsylvania Ave, Roswell, NM 88201

Property at 4460/4470 Little Walnut Rd, Silver City, NM 88061, 5 beds

$269,000

5 beds— baths2,044 sq ft

4460/4470 Little Walnut Rd, Silver City, NM 88061

Property at 1028 Mockingbird Ln, Clovis, NM 88101, 1 bath

$350,000

— beds1 bath3,920 sq ft

1028 Mockingbird Ln, Clovis, NM 88101

Property at 4943 Del Rey Blvd, Las Cruces, NM 88012

$300,000

— beds— baths— sq ft

4943 Del Rey Blvd, Las Cruces, NM 88012

Property at 1000-1016 Mockingbird Ln, Clovis, NM 88101

$2,050,000

— beds— baths— sq ft

1000-1016 Mockingbird Ln, Clovis, NM 88101

Property at 112 George Mccarty Dr, Ruidoso, NM 88345, 4 beds, 2 baths

$499,000

4 beds2 baths2,094 sq ft

112 George Mccarty Dr, Ruidoso, NM 88345

Property at 615 Iron Ave SW, Albuquerque, NM 87102, 2 beds, 2 baths

$1,600,000

2 beds2 baths6,148 sq ft

615 Iron Ave SW, Albuquerque, NM 87102

Property at 121-123 N E Ave, Portales, NM 88130, 1 bed, 1 bath

$102,515

1 bed1 bath— sq ft

121-123 N E Ave, Portales, NM 88130

Property at 918 E High St, Grants, NM 87020, 2 beds, 2 baths

$118,655

2 beds2 baths— sq ft

918 E High St, Grants, NM 87020

Property at 1445 Axtell St, Clovis, NM 88101

$195,000

— beds— baths2,403 sq ft

1445 Axtell St, Clovis, NM 88101

Property at 2121 Dencoe Dr, Lovington, NM 88260, 1 bath

$450,000

— beds1 bath3,969 sq ft

2121 Dencoe Dr, Lovington, NM 88260

Property at 1310 Sanchez Ln, Bloomfield, NM 87413

$1,450,000

— beds— baths— sq ft

1310 Sanchez Ln, Bloomfield, NM 87413

Property at 103 & 105 Reese Dr, Ruidoso, NM 88345, 3 beds, 3 baths

$549,000

3 beds3 baths2,010 sq ft

103 & 105 Reese Dr, Ruidoso, NM 88345

Property at 754A S Roosevelt Rd Q, Portales, NM 88130, 2 baths

$141,000

— beds2 baths1,024 sq ft

754A S Roosevelt Rd Q, Portales, NM 88130

Property at 2621 Aldrich Rd, Clovis, NM 88101

$322,000

— beds— baths1,854 sq ft

2621 Aldrich Rd, Clovis, NM 88101

Property at 2625 Aldrich Rd, Clovis, NM 88101

$322,000

— beds— baths1,854 sq ft

2625 Aldrich Rd, Clovis, NM 88101

Property at 3509/3517 Adenmor Ct, Clovis, NM 88101

$2,640,000

— beds— baths— sq ft

3509/3517 Adenmor Ct, Clovis, NM 88101

Property at 1504 S Avenue G, Portales, NM 88130, 4 beds, 4 baths

$491,000

4 beds4 baths3,780 sq ft

1504 S Avenue G, Portales, NM 88130

Property at 3600 Sheridan, Clovis, NM 88101

$79,650

— beds— baths— sq ft

3600 Sheridan, Clovis, NM 88101

Unknown Last sold price

— beds— baths— sq ft

4 Bear Creek Rd, Pinos Altos, NM 88053

Property at 1307 Sanchez Ln, Bloomfield, NM 87413

$1,600,000

— beds— baths— sq ft

1307 Sanchez Ln, Bloomfield, NM 87413

Property at 1016 Rencher St, Clovis, NM 88101

$119,900

— beds— baths1,978 sq ft

1016 Rencher St, Clovis, NM 88101

Viewing page 5 of 5

Multi Family Homes for Sale in New Mexico

There are currently 200 multi family homes for sale in New Mexico. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. This map is refreshed with the newest listings in New Mexico every 15 minutes.

Find your dream multi family homes in New Mexico using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in New Mexico are local experts and are ready to answer your questions about properties , neighborhoods, schools, and the newest listings for sale in New Mexico. If you're looking to sell your home in the New Mexico area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in New Mexico with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

Popular Cities in New Mexico

Popular Searches in New Mexico, NM

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.