Real Estate Investment Properties for Sale in New Mexico

Looking for investment property in New Mexico with high ROI ?

Explore a variety of short-term homes & houses in New Mexico. Invest wisely with VRBO & New Mexico Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Multi Family for Sale in New Mexico

Search for Multi Family for Sale in New Mexico. Browse all of Mashvisor’s Multi Family listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 90 Multi Family listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
416 Kentucky St SE Albuquerque, NM Calling all investors! Great money-earning potential! 2 Units, one fully remodeled, second...	4 beds \| N/A baths \| 1,584 sq.ft.	$249,900	Airbnb cash on cash: 2.61% Traditional cash on cash: 4.94% Airbnb Rental Income: $1489 Traditional Rental Income: $1603 Airbnb ROI: 2.61% Traditional ROI: 4.94%
538 Ortiz Dr SE Albuquerque, NM This 4-plex is current managed by a property management company. The units are all separat...	6 beds \| N/A baths \| 3,360 sq.ft.	$405,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 4.31% Airbnb Rental Income: $1292 Traditional Rental Income: $2298 Airbnb ROI: 0.59% Traditional ROI: 4.31%
540 Ortiz Dr SE Albuquerque, NM This 4-plex is current managed by a property management company. The units are all separat...	6 beds \| N/A baths \| 3,360 sq.ft.	$405,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 4.34% Airbnb Rental Income: $1292 Traditional Rental Income: $2298 Airbnb ROI: 0.63% Traditional ROI: 4.34%
636 San Pedro Dr SE Albuquerque, NM This remodeled, turn-key 3-unit rental offers a prime opportunity for both investors and o...	3 beds \| N/A baths \| 1,950 sq.ft.	$325,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 2.63% Airbnb Rental Income: $1377 Traditional Rental Income: $1493 Airbnb ROI: 0.88% Traditional ROI: 2.63%
3513 Crest Ave SE Albuquerque, NM Two unit duplex with separate bonus space in the detached garage. Front unit is vacant and...	6 beds \| N/A baths \| 2,280 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.92% Airbnb Rental Income: $null Traditional Rental Income: $2667 Airbnb ROI: N/A Traditional ROI: 4.92%
528 Alvarado Dr SE Albuquerque, NM Attention investors! This Southeast Heights 4-plex is a fantastic opportunity to expand yo...	8 beds \| N/A baths \| 3,640 sq.ft.	$469,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 1.56% Airbnb Rental Income: $2523 Traditional Rental Income: $1616 Airbnb ROI: 2.24% Traditional ROI: 1.56%
1809 Girard Blvd SE Albuquerque, NM Any savvy investor knows they are three magic numbers for Albuquerque: 100, 320 and 24,343...	8 beds \| N/A baths \| 3,100 sq.ft.	$510,000	Airbnb cash on cash: 3.28% Traditional cash on cash: 7.73% Airbnb Rental Income: $3478 Traditional Rental Income: $4985 Airbnb ROI: 3.28% Traditional ROI: 7.73%
209 Texas St NE Albuquerque, NM 11.6% CAP RATE!! All unites are rented with renewable leases. New TPO roof with warranty....	7 beds \| N/A baths \| 2,650 sq.ft.	$349,900	Airbnb cash on cash: 5.01% Traditional cash on cash: 4.07% Airbnb Rental Income: $2881 Traditional Rental Income: $1904 Airbnb ROI: 5.01% Traditional ROI: 4.07%
12000 Stilwell Pl NE #C Albuquerque, NM Condo with spacious bedrooms (one with a walk-in closet) and in-unit washer. Great area cl...	2 beds \| N/A baths \| 850 sq.ft.	$179,000	Airbnb cash on cash: 2% Traditional cash on cash: 3.39% Airbnb Rental Income: $1299 Traditional Rental Income: $1131 Airbnb ROI: 2% Traditional ROI: 3.39%
508 Walter St SE Albuquerque, NM Turnkey Tri-Plex in the heart of Huning Highland! This meticulously maintained 3-unit prop...	1 beds \| N/A baths \| 1,372 sq.ft.	$549,000	Airbnb cash on cash: -1.04% Traditional cash on cash: 0.18% Airbnb Rental Income: $984 Traditional Rental Income: $1255 Airbnb ROI: -1.04% Traditional ROI: 0.18%
907 Coal Ave SW Albuquerque, NM On behalf of the owners, NM Apartment Advisors and Deacon Property Services are excited to...	7 beds \| N/A baths \| 3,135 sq.ft.	$530,000	Airbnb cash on cash: 3.22% Traditional cash on cash: 0.04% Airbnb Rental Income: $3800 Traditional Rental Income: $1399 Airbnb ROI: 3.22% Traditional ROI: 0.04%
635 Adams St NE Albuquerque, NM Turnkey triplex in prime UNM area near Nob Hill with strong in-place income of $4,420/mont...	5 beds \| N/A baths \| 1,980 sq.ft.	$675,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 1.9% Airbnb Rental Income: $2523 Traditional Rental Income: $2555 Airbnb ROI: 0.88% Traditional ROI: 1.9%
1200 Edith Blvd SE Albuquerque, NM Opportunity is knocking!!! A wonderful 4-plex investment property. Not too many of these o...	6 beds \| N/A baths \| 2,975 sq.ft.	$518,800	Airbnb cash on cash: 0.07% Traditional cash on cash: 2.31% Airbnb Rental Income: $1235 Traditional Rental Income: $1927 Airbnb ROI: 0.07% Traditional ROI: 2.31%
520 Iron Ave SE Albuquerque, NM Discover the perfect blend of historic charm and modern comfort in this beautifully renova...	2 beds \| N/A baths \| 1,528 sq.ft.	$369,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 2.33% Airbnb Rental Income: $1269 Traditional Rental Income: $1652 Airbnb ROI: 0.07% Traditional ROI: 2.33%
816 Ortiz Dr SE Albuquerque, NM Don't miss out on this great opportunity! A private triplex with so much potential. Three ...	5 beds \| N/A baths \| 2,470 sq.ft.	$342,000	Airbnb cash on cash: 3.51% Traditional cash on cash: 2.11% Airbnb Rental Income: $2523 Traditional Rental Income: $1465 Airbnb ROI: 3.51% Traditional ROI: 2.11%
1005 Carlisle Blvd SE Albuquerque, NM Unique opportunity to own a quality, updated UNM 4-plex. Embedded in an area of redevelopm...	2 beds \| N/A baths \| 2,640 sq.ft.	$524,495	Airbnb cash on cash: N/A Traditional cash on cash: -0.16% Airbnb Rental Income: $null Traditional Rental Income: $921 Airbnb ROI: N/A Traditional ROI: -0.16%
1003 Carlisle Blvd SE Albuquerque, NM Unique opportunity to own a quality, updated UNM triplex! Embedded in an area of redevelop...	4 beds \| N/A baths \| 2,156 sq.ft.	$483,995	Airbnb cash on cash: N/A Traditional cash on cash: 0.71% Airbnb Rental Income: $null Traditional Rental Income: $1294 Airbnb ROI: N/A Traditional ROI: 0.71%
1512 &1510 3rd St NW Albuquerque, NM THE SELLERS ARE MOTIVATED AND OPEN TO ALL REASONABLE OFFERS! A rare opportunity to purchas...	2 beds \| N/A baths \| 1,250 sq.ft.	$390,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 1.55% Airbnb Rental Income: $1464 Traditional Rental Income: $1198 Airbnb ROI: 1.09% Traditional ROI: 1.55%
1100 Alvarado Dr SE Albuquerque, NM Ideal for investors or buyers looking for a live-in opportunity with rental income potenti...	5 beds \| N/A baths \| N/A	$260,000	Airbnb cash on cash: 6.09% Traditional cash on cash: 3.77% Airbnb Rental Income: $2523 Traditional Rental Income: $1343 Airbnb ROI: 6.09% Traditional ROI: 3.77%
12710 Lucca Rd Rd SW #12720 Deming, NM Tucked in the Chihuahuan desert just 15 miles southwest of Deming, NM, this 337-acre sanct...	5 beds \| N/A baths \| 8,016 sq.ft.	$1,495,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 0.31% Airbnb Rental Income: $584 Traditional Rental Income: $2184 Airbnb ROI: -1.05% Traditional ROI: 0.31%
805 Ortiz Dr SE Albuquerque, NM 4-plex with potential. Don't miss this investment opportunity near schools, shopping and ...	4 beds \| N/A baths \| 2,574 sq.ft.	$391,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 2.39% Airbnb Rental Income: $1292 Traditional Rental Income: $1556 Airbnb ROI: 0.61% Traditional ROI: 2.39%
325 San Andres Ave NW Albuquerque, NM Investor Opportunity!!! Discover this Fourplex residence in the heart of Albuquerque's hig...	7 beds \| N/A baths \| 3,632 sq.ft.	$559,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.11% Airbnb Rental Income: $null Traditional Rental Income: $1174 Airbnb ROI: N/A Traditional ROI: -0.11%
12708 Copper Ave NE Albuquerque, NM The property features specious two bedroom one bathroom units with stand alone front and r...	2 beds \| N/A baths \| 2,200 sq.ft.	$225,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 4.13% Airbnb Rental Income: $1079 Traditional Rental Income: $1386 Airbnb ROI: 0.96% Traditional ROI: 4.13%
1501 W Hank Ave Artesia, NM Excellent investment opportunity** 4-Unit multifamily property featuring one 1-bedroom, tw...	6 beds \| N/A baths \| 3,159 sq.ft.	$266,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.34% Airbnb Rental Income: $null Traditional Rental Income: $2488 Airbnb ROI: N/A Traditional ROI: 8.34%
1407 W Hank Ave Artesia, NM Excellent investment opportunity** 4-Unit multifamily property featuring one 1-bedroom, tw...	4 beds \| N/A baths \| 3,159 sq.ft.	$284,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.49% Airbnb Rental Income: $null Traditional Rental Income: $2432 Airbnb ROI: N/A Traditional ROI: 7.49%
1505 W Hank Ave Artesia, NM Excellent investment opportunity** 4-Unit multifamily property featuring one 1-bedroom, tw...	4 beds \| N/A baths \| 3,159 sq.ft.	$284,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.55% Airbnb Rental Income: $null Traditional Rental Income: $2432 Airbnb ROI: N/A Traditional ROI: 7.55%
1403 A W Fox St #1403 B W Fox Carlsbad, NM 1403 A W Fox St, Carlsbad, NM 88220 \| Multi Family	5 beds \| N/A baths \| N/A	$300,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 3.62% Airbnb Rental Income: $1308 Traditional Rental Income: $1623 Airbnb ROI: 1.07% Traditional ROI: 3.62%
107 S Eighth St Carlsbad, NM 107 S Eighth St, Carlsbad, NM 88220 \| Multi Family	N/A beds \| N/A baths \| N/A	$189,000	Airbnb cash on cash: 3.22% Traditional cash on cash: -0.16% Airbnb Rental Income: $1420 Traditional Rental Income: $387 Airbnb ROI: 3.22% Traditional ROI: -0.16%
604 N Grandview Dr #604 B. N Grandview Gallup, NM 604 N Grandview Dr, Gallup, NM 87301 \| Multi Family	5 beds \| N/A baths \| 2,479 sq.ft.	$230,000	Airbnb cash on cash: 3.65% Traditional cash on cash: 5.78% Airbnb Rental Income: $1760 Traditional Rental Income: $1740 Airbnb ROI: 3.65% Traditional ROI: 5.78%
16921 US 550 Aztec, NM 16921 US 550, Aztec, NM 87410 \| Multi Family	6 beds \| 4 baths \| 2,651 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.43% Airbnb Rental Income: $null Traditional Rental Income: $2635 Airbnb ROI: N/A Traditional ROI: 5.43%
50 Moon Ranch Rd Tijeras, NM 50 Moon Ranch Rd, Tijeras, NM 87059 \| Multi Family	4 beds \| N/A baths \| 2,904 sq.ft.	$495,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.59% Airbnb Rental Income: $null Traditional Rental Income: $2121 Airbnb ROI: N/A Traditional ROI: 2.59%
3102 Rosendo Garcia Rd SW Albuquerque, NM Rare South Valley investment opportunity on approximately half an acre with flexible incom...	9 beds \| N/A baths \| 4,465 sq.ft.	$499,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.71% Airbnb Rental Income: $null Traditional Rental Income: $2788 Airbnb ROI: N/A Traditional ROI: 3.71%
2130 Coal Ave SE Albuquerque, NM 2130 Coal Ave SE, Albuquerque, NM 87106 \| Multi Family	2 beds \| N/A baths \| 2,592 sq.ft.	$540,000	Airbnb cash on cash: -0.67% Traditional cash on cash: 0.38% Airbnb Rental Income: $1018 Traditional Rental Income: $1191 Airbnb ROI: -0.67% Traditional ROI: 0.38%
1133 Georgia St SE Albuquerque, NM 1133 Georgia St SE, Albuquerque, NM 87108 \| Multi Family	6 beds \| N/A baths \| 2,800 sq.ft.	$315,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 2.79% Airbnb Rental Income: $1588 Traditional Rental Income: $1450 Airbnb ROI: 1.72% Traditional ROI: 2.79%
604 & 606 D Ave Carrizozo, NM 604 & 606 D Ave, Carrizozo, NM 88301 \| Multi Family	4 beds \| 2 baths \| 1,292 sq.ft.	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.8% Airbnb Rental Income: $null Traditional Rental Income: $1900 Airbnb ROI: N/A Traditional ROI: 10.8%
102 Mexican Ave Cloudcroft, NM 102 Mexican Ave, Cloudcroft, NM 88317 \| Multi Family	N/A beds \| N/A baths \| 8,322 sq.ft.	$1,400,000	Airbnb cash on cash: -1.15% Traditional cash on cash: -1.21% Airbnb Rental Income: $1339 Traditional Rental Income: $854 Airbnb ROI: -1.15% Traditional ROI: -1.21%
206 S Woodrow Dr Gallup, NM 206 S Woodrow Dr, Gallup, NM 87301 \| Multi Family	N/A beds \| N/A baths \| 1,781 sq.ft.	$159,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.76% Airbnb Rental Income: $null Traditional Rental Income: $632 Airbnb ROI: N/A Traditional ROI: 1.76%
804 E Hill Ave Gallup, NM 804 E Hill Ave, Gallup, NM 87301 \| Multi Family	N/A beds \| N/A baths \| N/A	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.06% Airbnb Rental Income: $null Traditional Rental Income: $419 Airbnb ROI: N/A Traditional ROI: 0.06%
1801 Plaza Las Vegas, NM BEST RESIDENTIAL/COMMERCIAL LOCATION IN LAS VEGAS, NM Zoned R2 + C2 on the Historic Plaza....	2 beds \| N/A baths \| 15,000 sq.ft.	$1,275,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.28% Airbnb Rental Income: $null Traditional Rental Income: $702 Airbnb ROI: N/A Traditional ROI: -1.28%
2525 N Brand Dr Hobbs, NM 2525 N Brand Dr, Hobbs, NM 88240 \| Multi Family	7 beds \| 3 baths \| 3,765 sq.ft.	$395,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 5.79% Airbnb Rental Income: $1180 Traditional Rental Income: $2901 Airbnb ROI: 0.1% Traditional ROI: 5.79%

Your search for investment property begins and ends here

Multi Family for Sale in New Mexico

416 Kentucky St SE

Albuquerque, NM

4 beds | N/A baths | 1,584 sq.ft.

$249,900

Airbnb cash on cash: 2.61%

Traditional cash on cash: 4.94%

Airbnb Rental Income: $1489

Traditional Rental Income: $1603

Airbnb ROI: 2.61%

Traditional ROI: 4.94%

538 Ortiz Dr SE

Albuquerque, NM

6 beds | N/A baths | 3,360 sq.ft.

$405,000

Airbnb cash on cash: 0.59%

Traditional cash on cash: 4.31%

Airbnb Rental Income: $1292

Traditional Rental Income: $2298

Airbnb ROI: 0.59%

Traditional ROI: 4.31%

540 Ortiz Dr SE

Albuquerque, NM

6 beds | N/A baths | 3,360 sq.ft.

$405,000

Airbnb cash on cash: 0.63%

Traditional cash on cash: 4.34%

Airbnb Rental Income: $1292

Traditional Rental Income: $2298

Airbnb ROI: 0.63%

Traditional ROI: 4.34%

636 San Pedro Dr SE

Albuquerque, NM

3 beds | N/A baths | 1,950 sq.ft.

$325,000

Airbnb cash on cash: 0.88%

Traditional cash on cash: 2.63%

Airbnb Rental Income: $1377

Traditional Rental Income: $1493

Airbnb ROI: 0.88%

Traditional ROI: 2.63%

3513 Crest Ave SE

Albuquerque, NM

6 beds | N/A baths | 2,280 sq.ft.

$415,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.92%

Airbnb Rental Income: $null

Traditional Rental Income: $2667

Airbnb ROI: N/A

Traditional ROI: 4.92%

528 Alvarado Dr SE

Albuquerque, NM

8 beds | N/A baths | 3,640 sq.ft.

$469,000

Airbnb cash on cash: 2.24%

Traditional cash on cash: 1.56%

Airbnb Rental Income: $2523

Traditional Rental Income: $1616

Airbnb ROI: 2.24%

Traditional ROI: 1.56%

1809 Girard Blvd SE

Albuquerque, NM

8 beds | N/A baths | 3,100 sq.ft.

$510,000

Airbnb cash on cash: 3.28%

Traditional cash on cash: 7.73%

Airbnb Rental Income: $3478

Traditional Rental Income: $4985

Airbnb ROI: 3.28%

Traditional ROI: 7.73%

209 Texas St NE

Albuquerque, NM

7 beds | N/A baths | 2,650 sq.ft.

$349,900

Airbnb cash on cash: 5.01%

Traditional cash on cash: 4.07%

Airbnb Rental Income: $2881

Traditional Rental Income: $1904

Airbnb ROI: 5.01%