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1100 S Sunset Ave, Roswell
$625,000
7 Beds ⋅ 8 Baths ⋅ 26001926 MLS
Investment Opportunity – Six-Unit Apartment Complex in Southwest Roswell Looking for a unique investment opportunity with positive cash flow from day one? This six-unit apartment complex in southwest Roswell, ideally situated at the corner of South Sunset and McGaffey, offers an excellent opportunity for investors seeking an income-producing property. The complex features a diverse mix of units, including: Three two-bedroom, two-bath apartments Two one-bedroom, one-bath apartments One efficient unit The property is currently 100% occupied and generating positive cash flow, providing an established rental income stream. Several updates have been completed throughout the apartments over the past year, adding value and enhancing the living spaces. Additional amenities include four individual garages, one carport, and a shared courtyard accessible to all residents. Whether you're expanding your existing portfolio or looking for your next investment property, this six-unit complex deserves your attention. Don't miss this income-producing investment opportunity! Call today to schedule an appointment and arrange a private showing.

1100 S Sunset Ave, Roswell

Listing courtesy of Ranchline Taylor & Taylor Realtors.

1007 Carnation, Carlsbad
$679,000
6 Beds ⋅ 4 Baths ⋅ 26001633 MLS
Country living without leaving town! This exceptional, fully fenced 5-acre retreat offers the space, privacy, and amenities you've been searching for all within city limits. Zoned R-R, and beautifully renovated inside and out, this one-of-a-kind property is designed for comfortable everyday living, entertaining, hobbies, and everything in between. Step outside and discover your own private backyard oasis featuring a custom in-ground swimming pool with an outdoor rinse-off shower, relaxing hot tub, gazebo with fire pit, and 3 covered patios offering plenty of space to entertain or simply unwind. Need room for toys, projects, or RVs? This property delivers with an impressive 30' x 60' insulated shop, attached covered RV parking, RV hookup, an additional detached garage, and a bonus shed currently set up as a workout room. There's even a chicken coop for those looking to enjoy a little homestead lifestyle right in town. Inside, the spacious remodeled home features 6 bedrooms and 4 bathrooms with fresh paint throughout. The beautifully updated kitchen showcases quartz countertops, stainless steel appliances, abundant cabinetry, and an open layout that flows seamlessly into the dining and living areas. A second living area with a cozy fireplace provides even more room to gather and relax. The primary suite offers two walk-in closets, while abundant storage throughout the home includes spacious closets, an oversized pantry, and a large laundry room. Topped with a durable copper metal roof, this property combines space, functionality, and resort-style amenities in one incredible package. With 5 acres, a pool, multiple outdoor living spaces, an oversized shop, RV accommodations, and a beautifully updated 6-bedroom home, properties like this don't come along often. Come experience the space and lifestyle this unique property has to offer!

1007 Carnation, Carlsbad

Listing courtesy of Berkshire Hathaway Home Services Enchanted Lands - Carlsbad.

104 Georgetown Road, Mimbres
$1,200,000
6 Beds ⋅ 6 Baths ⋅ 2603138 MLS
6 Cabins bordering national forest-a rare find!Nestled on 9.8 acres and bordering the Gila National Forest, this one of a kind retreat at 104 Georgetown Rd in Mimbres offers an exceptional opportunity for income producing or multi generational use. Surrounded by breathtaking views and natural beauty, this peaceful setting is designed to inspire.The property features 6 charming and independent cabins, each offering comfort and character with a cozy fireplace and full bathroom. Thoughtfully designed for comfort and relaxation, each space creates a welcoming retreat experience.Enjoy outdoor living with a soaking tub, pergola, and a fire pit area perfectly positioned to take in the stunning views and star filled skies. A solar system and well add to the property's efficiency.Whether you are looking for a serene getaway, generational living, or the potential to operate a retreat or resort style destination, this property offers endless possibilities. Conveniently located near Silver City & Grant County Airports

104 Georgetown Road, Mimbres

Listing courtesy of United Country Salopek Realty.

814 Fifth, Las Vegas
$398,000
7 Beds ⋅ 6 Baths ⋅ 26001512 MLS
This property offers five rental units with more than 3,600 square feet on a .16-acre lot. The beautiful Victorian home has been converted into three apartments: a one-bedroom/one-bath unit, a two-bedroom/one-bath unit, and a spacious one-bedroom/two-bath unit with an office and private laundry area in the basement. A shared laundry room for the other four units is also housed here. A separate two-unit building in the rear, with storage underneath and off-street parking, includes a one-bedroom/one-bath apartment and a two-bedroom/one-bath apartment, both with wooden decks. The property retains attractive historic details such as a covered porch, pocket doors, built-ins, and original-style wood floors but with recent improvements including , a new water line in both buildings, recent exterior paint, and on-demand hot water, Conveniently located directly across from Carnegie Library and the park, the property is close to New Mexico Highlands University, restaurants, shopping, and the local farmers' market. All five units are currently rented, making this an attractive opportunity for income potential in an established, highly walkable location. Buyers must be prequalified prior to showings

814 Fifth, Las Vegas

Listing courtesy of Pueblo Del Sol.

13700 State Highway 478, Mesilla Park
$349,000
6 Beds ⋅ 3 Baths ⋅ 2603030 MLS
Unique investment opportunity on 0.80 acres in the outskirts of Las Cruces! This one-of-a-kind property features a main home plus 3 attached studios, offering an estimated 4,158 sq ft combined, 6 bedrooms and 5 bathrooms. The main home is approx. 2,142 sq ft with a recently updated kitchen, fresh paint and refrigerated air. The upstairs studio is approx. 1,008 sq ft, while the two lower studios total approx. 1,008 sq ft and feature mini-split cooling. With multiple living spaces, this property offers excellent potential for investors expanding a portfolio or anyone needing flexible space for extended family, guests, or additional occupants. A well, detached 1-car garage, fully fenced grounds with a rock wall, and beautiful mountain views add to the appeal. Horses are allowed, providing even more flexibility. Properties offering this much space and versatility are rarely available. A true bang for your buck with income potential and room to grow! Room for outdoor living, recreation, storage, or more expansion.

13700 State Highway 478, Mesilla Park

Listing courtesy of Keller Williams Realty.

501 4th St W Unit A-E, Dexter
$750,000
13 Beds ⋅ 6 Baths ⋅ 26001347 MLS
Six units with an established rental history in the heart of Dexter! This unique investment property consists of two duplex buildings-four approximately 1,006 sq. ft. units-plus two detached residences of approximately 2,156 sq. ft. and 936 sq. ft. Five of the six units have undergone extensive renovations, including updated flooring, bathrooms, cabinetry, electrical and lighting, fascia, vaulted and special touches to add character and style. Vaulted ceilings enhance the renovated interiors, giving these residences an open, spacious feel rarely associated with traditional multifamily housing. Set within their own dedicated parking area, the property offers a residential atmosphere in the small agricultural community of Dexter, New Mexico. An established tenant history adds another dimension to this opportunity. Some residents have made these home for more than a decade. With six individual residences, substantial improvements already completed, and only one remaining unit awaiting renovation, this property presents an opportunity for an investor to step into an established rental property while retaining additional value-add potential.

501 4th St W Unit A-E, Dexter

Listing courtesy of REMAX First Place Realtors Roswell.

50 Branding Iron Trail, Silver City
$1,600,000
9 Beds ⋅ 5 Baths ⋅ 41787 MLS
A one-of-a-kind, historical, French Country Home w/ 3 cottages, built circa 1939. The home and 3 Cottages sit on 23+ acres, practically 5 minutes to the Gila National Forest, WNMU and downtown Silver City. Childhood home to Harrison Schmitt, Apollo 17 Astronaut and US Senator and later becoming The Cottages BnB. The stately main home is 2800 SF w/ 3 BR, 2.5 BA, a grand room, wood-paneled office, 3 fireplaces, many XL closets and built-ins, 9ft and 10ft ceilings, fenced yard, firepit, and detached garage. The 3 cottages, originally built for guests, chauffeur, and caretaker – are each 2 BR, 1 BA, fireplace or wood stove, dog runs, and private laundry. All 4 homes feature wood floors, views, gardens, patios, hand-wrought iron work, and stone walkways. Full city utilities; city gas, city water and city sewer. There is a partially developed RV park with 2 plumbed RV spots that would be a great additional income stream. Sweeping views of the region from all over this 23ac!

50 Branding Iron Trail, Silver City

Listing courtesy of Better Homes and Gardens Real Estate | Silver City.

111 Avalon Ct, Ruidoso
$1,549,000
6 Beds ⋅ 6 Baths ⋅ 26001039 MLS
Experience mountain luxury at its finest in this extraordinary, furnished, three-story retreat offering over 5000 square feet of luxury living space! Featuring 6 spacious bedrooms (including two master suites) and 6 well-appointed bathrooms, this exceptional home blends mountain charm with upgrades throughout. Expansive windows and vaulted ceilings frame mountain views while multiple living and entertaining areas provide the perfect setting for hosting family and friends. Upon entry, you will find the kitchen, living areas, primary suite and covered decks. The second and lower levels feature a game room, and additional guest suites. Relax in the hot tub, or whip up a meal in the large, gourmet kitchen. 2 car garage with paved access. Excellent rental history. Must See!

111 Avalon Ct, Ruidoso

Listing courtesy of Rise Real Estate.

902 N Santa Rita Street, Silver City
$675,000
7 Beds ⋅ 41772 MLS
Historic 1908 Joseph Thompson House, a designated New Mexico Cultural Property featured in Built to Last, situated in the heart of downtown Silver City. This distinctive property showcases period character with a welcoming foyer, French doors, high ceilings, bay windows, and recently updated hardwood flooring. Five remodeled bathrooms, electrical improvements, and a recently updated asphalt shingle roof add to its appeal. Configured for multiple rental uses, including owner/tenant space, Airbnb accommodations, and a long-term rental, with steady year-round occupancy. Includes appliances and Airbnb furnishings. Previously utilized as office space, offering potential for professional use. A special opportunity to own a piece of Silver City history. Call for details

902 N Santa Rita Street, Silver City

Listing courtesy of Century 21 Hacienda Realty.

201 Washington S, Roswell
$49,000
9 Beds ⋅ 3 Baths ⋅ 26000747 MLS
INVESTOR/RENOVATION OPPORTUNITY! Spacious 2,854 sq. ft. property featuring 9 bedrooms, situated on a corner lot and zoned R-3 Residential. Property is being sold AS IS, WHERE IS and is in need of repair and renovation. The property offers substantial square footage and may provide potential for conversion or redevelopment as a multifamily residence, subject to Buyer's verification of zoning, permitted uses, building requirements, and applicable regulations. Bring your vision and explore the possibilities this property has to offer! Any personal property or belongings remaining on the premises at closing will be the Buyer's responsibility to remove. Seller will not be responsible for removal. Buyer to conduct all due diligence regarding property condition, zoning, intended use, utilities, permits, and renovation requirements.

201 Washington S, Roswell

Listing courtesy of Berkshire Hathaway Home Services Enchanted Lands - Roswell.

945 Eagle Wings Road, Las Cruces
$1,399,000
6 Beds ⋅ 7 Baths ⋅ 2602421 MLS
This exceptional 11.29-acre North Valley property blends residential comfort, agricultural opportunity, and natural beauty. The estate includes a 4,946 sq. ft. home, 1,104 sq. ft. casita, and large barn/garage on 1 acre, with 400 mature pecan trees on the remaining orchard land. Inside, the home features viga beam ceilings, a striking wood staircase, and an atrium-style living room filled with natural light. The second floor master suite offers sweeping mountain and valley views and access to a wraparound balcony perfect for sunrise or sunset enjoyment. Outdoor living shines with multiple covered patios and an extended porch. The private casita provides ideal guest or multi-generational space. With acreage, views, architectural character, and versatile structures, this property offers a serene and highly functional lifestyle.

945 Eagle Wings Road, Las Cruces

Listing courtesy of Coldwell Banker Legacy Elite.

586 Sr 523, Clovis
$525,000
7 Beds ⋅ 5 Baths ⋅ 20264249 MLS
Stunning Property with Two Homes on 4.71 Acres in Clovis, NM. Discover the perfect blend of space, comfort, and versatility with this unique property featuring two expansive homes on 4.71 acres. This exceptional offering includes a main house and a two-story guest house, each boasting over 3,000 sq ft of living space, making it ideal for multi-generational living or rental income potential. Both homes feature open-concept kitchens, perfect for entertaining, and cozy fireplaces that add warmth and charm. The two-story guest house offers additional flexibility, whether for guests, extended family, or as a private retreat. Outside, the property is equally impressive, with a greenhouse to cultivate your garden year-round and plenty of open space to enjoy the tranquil surroundings. Don't miss the opportunity to own this incredible property offering endless possibilities! Schedule your private showing today.

586 Sr 523, Clovis

Listing courtesy of Better Homes & Gardens Real Estate Experience.

2239 New Mexico 122, Grants
$650,000
7 Beds ⋅ 6 Baths ⋅ 2602360 MLS
Opportunity awaits with this exceptional 38-acre property featuring three homes and breathtaking panoramic views of the Zuni Mountains and Mount Taylor. The stunning scenery is only the beginning. The spacious main residence is designed for both comfort and entertaining, offering two primary suites, three fireplaces, a dedicated office, updated kitchen, and a balcony overlooking the surrounding landscape. A second home features 3 bedrooms, 2 bathrooms, and a versatile flex space, while the third offers 2 bedrooms, 1 bathroom, and a large bonus room, creating excellent opportunities for rental income, multi-generational living, or guest accommodations. Multiple workshops and outbuildings provide abundant space for storage, equipment, and hobbies. Conveniently located near New Mexico Hunting Units 9, 10, and 13, this property is ideal for outdoor enthusiasts, rental income, or your next investment. An additional adjoining 40 acres are also available.

2239 New Mexico 122, Grants

Listing courtesy of United Country Salopek Realty.

2406 Walker Rd, Roswell
$495,000
6 Beds ⋅ 4 Baths ⋅ 26000252 MLS
Enjoy the peace and privacy of country living on this beautiful 1.86 acre property featuring a spacious 4364 sq ft. home with 6 bedrooms, 4 bathrooms with room for everyone. Designed for both everyday comfort and entertaining, the home offers a welcoming living room with fireplace, formal dining room, cozy family room, and a dedicated office. A standout feature is the expansive upstairs area, with 1144 sq ft of flexible living space. Complete with a convenient kitchenette and a bathroom, it's great for a media/game room, guest quarters or multi-generational living. For added convenience there are two separate laundry rooms. Outdoors, the property continues with a covered patio, fire pit, in ground basketball hoop with cement slab, multiple pomegranate trees, fenced in chicken coop, multiple sheds, and durable pipe fencing that frames the acreage. If you are searching for a country property that combines space, functionality and endless possibilities, this one is a must see!

2406 Walker Rd, Roswell

Listing courtesy of Keller Williams Roswell.

1301 Fillmore Avenue, Alamogordo
$4,099,999
64 Beds ⋅ 2602162 MLS
Freedom Flats is a 32-unit multifamily investment located at 1301, 1309, 1317, & 1325 Fillmore Avenue in Alamogordo, New Mexico. The property features four 2-story buildings with 8 units each, built in 1983 on 1.32 acres total. All 32 units are 2 bed 1 bath units with 967 sf per unit. The property has undergone over $1,200,000 in interior and exterior upgrades and is fully renovated as of 2024.Stabilized and cash-flowing, this investment offers a 7.21% current cap rate at 100% occupancy with a clean rent roll. The property is priced at $128,125 per unit and is priced below replacement cost. Current rents trail the comp set by $100-$155, and leases roll through 2026-2027, meaning rent growth is built in and requires no additional investment.

1301 Fillmore Avenue, Alamogordo

Listing courtesy of Deacon Property Services, LLC.

511 Excalibur Rd, Ruidoso
$1,975,000
7 Beds ⋅ 8 Baths ⋅ 20263906 MLS
Perched in a serene mountain setting, this exceptional luxury residence offers a rare blend of refined living, privacy, and breathtaking natural beauty. Framed by sweeping mountain vistas, the main home is thoughtfully designed to capture panoramic views from nearly every room, with expansive windows that flood the interior with natural light and seamlessly connect indoor and outdoor living. The open-concept great room features soaring ceilings, a statement fireplace, and elegant finishes that balance rustic warmth with modern sophistication. A chef's kitchen anchors the heart of the home, complete with premium appliances, custom cabinetry, and generous entertaining space ideal for both intimate gatherings and large-scale hosting. The primary suite serves as a private retreat, showcasing stunning views, a spa-inspired bath, and private balcony. Additional bedrooms are spacious and well-appointed, offering comfort and privacy for family and guests. A standout feature of the property is the detached guest house, providing flexible living options for extended stays, multi-generational living, or potential rental income. Designed with the same attention to detail as the main residence, it includes a full kitchen, comfortable living area, and private accommodations. Outdoor living is equally impressive, with expansive patios perfectly positioned to take in sunrise coffee moments, evening sunsets, and star-filled skies. Surrounded by natural beauty, this property delivers tranquility without compromise, just a short drive from modern conveniences. A true mountain sanctuary, this home combines luxury, versatility, and unforgettable views into one remarkable offering.

511 Excalibur Rd, Ruidoso

Listing courtesy of Rise Real Estate.

108 Horton Cir, Ruidoso
$599,000
6 Beds ⋅ 4 Baths ⋅ 20263828 MLS
C-1 Zoned Residential/Commercial Income or Multifamily Property. Rare opportunity to own a turnkey residential/commercial property just off of Sudderth Drive. This property offers flexibility for investment, multifamily living, or home based business use. All on just over 1/2 acre. Total Living Space: 3,300 Sq. Ft. 6 Bedrooms, 4 Bathrooms Property includes: - 2,175 Sq. Ft. Primary Residence: 3 bedroom, 2 bath with solar panels that significantly reduce electricity expense. - 750 Sq. Ft. Attached Unit - 2 bedroom, 1 bath. Great mother-in-law quarters or rental unit. Used as short term rental since 2020. - 400 Sq. Ft. Detached Studio Cabin. Kitchenette, Queen Bed, 3/4 Bath, Mini-Split. Used as short term rental since 2019. - 288 Sq. Ft. Detached Cabin. Pet bathing station, storage, and mini split (ideal for pet grooming business or private use). The two rental units have been successfully operated as AirBnb/VRBO properties for 7 years with a track record of over $22,000 annual revenue. Both are being sold fully furnished, including appliances, TV's, beds, mattresses, linens, and current decor. Turnkey and ready to generate income day one. Additional Features; - Separate rear lot , with access from Walnut Drive. Lot has space for a mobile home , with utilities within access to the lot. - All properties are on water filter and softener. - Three sided wood burning fire place in primary residence. - Fenced garden in the from of property. - Parking for 6-7 automobiles. - Fires and Floods have not impacted this property. - Residential and commercial flexibility. Live in primary residence and rent the others, or operate as a full investment property.

108 Horton Cir, Ruidoso

Listing courtesy of Homecoin.Com.

924 Seventh St, Las Vegas
$395,000
6 Beds ⋅ 3 Baths ⋅ 20263449 MLS
An Investment Property with the best of two worlds, primary residence and income to pay for it. This special property has 3- One bedroom, 1 bath rental units in addition to the historical two story Colonial Revival style home. Step right in to a stunning alcove featuring a lovely orate staircase. The main level of this home offers a spacious living room with fireplace formal dining room, large eat-in kitchen, small bedroom, laundry room, and a 1/2 bath. Upstairs is the main bedroom with a huge ensuite bath, plus 4 more bedrooms and bathroom. Outside is an attached garage, covered deck, workshop/storage, open patio, all on the 50' x 142.5' fenced lot. This interesting property is located in the heart of the Las Vegas, NM community. Just can't go wrong with comfortable spacious living in the 2 story home and an income producing property located close to the university, Carnegie Public Library, and shopping. Call for a showing!

924 Seventh St, Las Vegas

Listing courtesy of Pueblo Del Sol.

924 Seventh St, Las Vegas
$395,000
6 Beds ⋅ 3 Baths ⋅ 20263447 MLS
Investment Property with primary residence, mother-in-law's quarters, & income to pay for it. This property has 3- 1 bedroom, 1 bath rental units in addition to the historical two story Colonial Revival style home. Enter into a stunning alcove featuring a lovely orate staircase. The main level of this home offers a spacious living room with fireplace formal dining room, large eat-in kitchen, small bedroom, laundry room, and a 1/2 bath. Upstairs is the main bedroom with a huge ensuite bath, plus 4 more bedrooms and bathroom. Outside is an attached garage, covered deck, workshop/storage, open patio, all on the 50' x 142.5' fenced lot. This property is located in the heart of the Las Vegas, NM community. Just can't go wrong with comfortable spacious living in the 2 story home & income producing property located close to everything. Call for a showing!

924 Seventh St, Las Vegas

Listing courtesy of Pueblo Del Sol.

4021 Vista Pinon Dr, Farmington
$1,300,000
9 Beds ⋅ 7 Baths ⋅ 20263021 MLS
''VISTA GRANDE'' Elegant, enormous, bright & airy Southwestern-Style estate located on a cul-de-sac atop Farmington NM's ''F Hill'' w/ views of Shiprock, rivers, bluffs & mountains. Less than 5 minutes from Chokecherry Canyon and under 1 hour from Durango, CO. Smart Home w/ 5312sf of above-ground living space w/ a 2440sf 3+/1 basement apartment & 4-car garage. Abundant natural light from prominent windows plus canned lighting and ceiling fans throughout. 4 considerable bedrooms all w/ en-suite baths, oversized closets, coffered ceilings, fans & views. Primary suite is located on the main level & boasts 70-mile views, a bathroom w/ jetted tub, dual sinks & tiled walk-out shower & a formidable closet w/ built in cabinetry, a secret panic room & built-in safe & ironing board. Updated kitchen features granite counters, custom cabinets, a breakfast bar, double convection ovens, new 5-burner electric cooktop w/ pop-up fan, Sub-Zero fridge/freezer & dishwasher w/ cabinet-fronts & a trash compactor. Pantry, Butler's Kitchen, & Laundry w/ granite, cabinetry, sink & an additional Sub-Zero fridge/freezer. Formal dining room w/ chandelier & surround-sound connection to entire home. Elegant entry & Living Room w/ 20' ceilings, new tile, fans, views, & a gas-log fireplace. Breakfast nook w/ Trex deck access overlooking the entire world. Den w/ built-ins & surround sound. 2 half baths. Oversized garage w/ cabinets, workbench, mud entry & additional washer/dryer. Upstairs features 3 bedrooms/baths, a private well-lit reading room w/ book shelves, a theater w/ cabinets, office w/ built-in cabinet & a granite desk & a large game room w/ dual fans. Basement w/ walk-out access to grilling area is currently being refinished & features 4 enormous rooms that could be used for additional living or entertainment space. 4 A/C systems, in-floor radiant heat & new backup generator. Room to build terraced pool or gardens. Mature grass/trees & lighted paths. Furnishings are new & negotiable

4021 Vista Pinon Dr, Farmington

Listing courtesy of Exp Realty, LLC.

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