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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in New Mexico
Rental Income
Listed for sale 5 days ago
$ 235,000
ROI
28.0
Cash Flow/m
541- - Bed
- 2 Bath
- 2542 sft
706 & 708 S 1st St, Gallup, NM, 87301
Currently Rented
Rental Income
Listed for sale 5 days ago
$ 415,000
ROI
23.1Cash Flow/m
384- 6 Bed
- 4 Bath
- 2280 sft
3513 Crest Ave SE, Albuquerque, NM, 87106
Currently Rented
Rental Income
$ 395,000
ROI
20.5Cash Flow/m
82- 5 Bed
- 5 Bath
- 1760 sft
101 Lynx Ave, Cloudcroft, NM, 88317
$ 129,900
ROI
36.4Cash Flow/m
603- - Bed
- - Bath
- 2408 sft
1208 W 8th St, Roswell, NM, 88201
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
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