Multi Family Investment Properties for Sale in New Mexico
Currently Rented
Fix & Flip
Motivated Seller
+ 2 more
$ 315,000
ROI
24.7
Cash Flow/m
431- 8 Bed
- 4 Bath
- 3200 sft
508 Tennessee St NE, Albuquerque, NM, 87108
Fix & Flip
Listed for sale 2 days ago
$ 139,000
ROI
23.5Cash Flow/m
144- 5 Bed
- 4 Bath
- 2495 sft
104 McCutcheon Ave W, Socorro, NM, 87801
Listed for sale 3 days ago
$ 165,000
ROI
35.8Cash Flow/m
736- 4 Bed
- 3 Bath
- 3691 sft
31 Sagar Dr, Gallup, NM, 87326
$ 139,000
ROI
27.8Cash Flow/m
311- 2 Bed
- 2 Bath
- 364 sft
8378 Us Highway 380, Capitan, NM, 88316
Why Invest in New Mexico?
New Mexico multi-family properties offer strong investment potential amid rising rental demand and stabilizing inventory. Investor activity has surged 18% in Q1 2026, focusing on small multifamily assets in markets like Las Cruces and Farmington.[1] Balanced supply at 4.2 months supports steady cash flows, with rental growth of 12-15% in secondary cities.[1] State incentives for affordable housing enhance long-term appreciation and occupancy rates.
8.5%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$1250/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Demand exceeds supply with 12-15% rental growth in key markets.[1] Balanced inventory at 4.2 months favors stable returns. State incentives boost affordability and occupancy.
Find Your Perfect Investment Property in New Mexico
Explore investment opportunities by strategy, performance, or property type
