Browse All Taos Multi-Family Properties for Sale

Balancing modern comfort with rich history, the stunning Historic Mill House Apartments are ideally located just west of Taos Plaza in the heart of town. Originally remodeled in 2014, this 5,011-square-foot Territorial-style property showcases exceptional craftsmanship while preserving the authentic character and charm of New Mexico’s architectural heritage.nEach of the four fully furnished units is thoughtfully designed, tastefully appointed, and features a private courtyard at its individual entrance. Select original windows have been preserved to maintain historic integrity, while others have been updated for improved seasonal efficiency. The kitchens are well-equipped with Frigidaire appliances, Kohler sinks, and original cabinet doors re-textured to evoke a warm farmhouse aesthetic. Open shelving offers the perfect opportunity to display curated dishware, pottery, and collectibles. Inviting living spaces feature smooth plaster walls, graceful archways, and traditional Southwestern fireplaces—creating an atmosphere that is both stylish and comfortable. The four units are well-appointed and ready for new tenants: Unit 1: 568 SF studio. Unit 2: 1,608 SF | 2 bedrooms | 1 bathroom. Unit 3: 1,155 SF | 1 bedroom | 1 bathroom | queen sleeper sofa. Unit 4: 1,106 SF | 2 bedrooms | 1 bathroom. Consider living in one and renting out the remainder to long term tenants. The grounds are beautifully landscaped with mature trees, fruit trees, and lush plantings, offering a serene and inviting setting. The location is exceptional—just steps from renowned restaurants, cafés, art galleries, and the John Dunn Shops. Renovated in collaboration with Lucas Construction, this property reflects a thoughtful blend of integrity, style, and enduring beauty.

102 Padre Martinez Lane, Taos

$325,000

114545 MLS

Just a short distance from the Plaza, this home is affordable and has built-in passive income! Great for investors, first time home buyers or multiple families, this 1248sf home on .28 lush acres has two separate units. Unit A is a 2 bed/1 bath space that has a lovely sun room, which could be used for another bedroom or a meditation room, or for exercising, growing plants or just a sweet space to hang out. The floors have been updated, as well as the kitchen and bathroom. There is a gas stove, ceiling fans and a washer and dryer. Unit 2 is a 1 bed/1bath space with a bright living room, new tile in the kitchenette and bathroom. Both units share a large grassy fenced yard while and great views. Close to shopping, dining, and entertainment, this cozy home is appropriately priced and available now.

735 Ranchitos Road, Taos

$865,000

114500 MLS

Investment Property located close to Taos Plaza and a block away from El Monte Sagrado. Long-term tenants means stable income. Each unit in this tri-plex has two bedrooms, two bathrooms, fireplaces, laundry hook ups and storage closet. Very livable floor plans. Unit A rents for $1,650/mo. Unit B $1,750/mo. Unit C $1,800/mo. Portal entries, storage, and designated parking for each unit. Southwestern charm throughout.

417 Liebert Street, Taos

$625,000

114270 MLS

In-Town Gem Alert!!! Sweet remodeled Duplex with huge backyards (yes, plural!), covered, off-street parking sold Turnkey with all the cute furniture and finishings! Turn-key makes it an effortless move-in- occupy one, generate income from the other one immediately! Two mirror imaged units graced with the wonderful charming features of their origins in the 60's- adobe construction, viga beams on the ceilings, thick, plaster walls, old shade trees. Then add to that a totally fresh, remodeled interior that is as comfortable as it is cute. The complete reno included upgraded electrical and plumbing, new roof, new stucco, new windows, new doors, new flooring, new cabinets, new countertops- do I need to go on? Because I can-the location is amazing- you could literally hit Michael's Kitchen with a hashbrown from here or walk across the street to listen to some music and get a burger and a beer at Jackalope. Mere moments away from all the action around the Plaza, Galleries, Restaurants, Bars, and shopping. Both Units have large backyards- a true in-town luxury- with room to gather, garden, relax, entertain. Separate meters for each Unit, Town water, sewer, natural gas, fiber optics. Old World/In Town Retreat? Yes, please!

104 A B Brooks Street, Taos

$1,050,000

114063 MLS

Tucked away on 1.5 acres just minutes from the heart of Taos, this 3-unit dwelling has lush landscapes of mature gardens, fruit trees, and outdoor spaces perfect for relaxing or entertaining under the wide New Mexico skies. With 3 individual homes, it has excellent rental returns. The main house (519 Este Es) is thoughtfully designed 2 bedroom plus flex room/3rd bedroom, 2 bathroom, passive solar home that blends comfort, efficiency, and creativity. Expansive windows bring in year-round natural light, while the home’s solar design helps maintain a cozy warmth in winter. Home is remodeled while maintaining the Taos charm with beautiful outdoor living with stucco walls and stamped concrete adds to the beautiful southwest style of the home. Primary bedroom and living area have kiva fireplaces and air conditioning has been added in this home to bring year round comfort. 519A is a two story home with attached 2-car RV height garage. Boasting living and kitchen downstairs with large windows to bring in passive solar. Upstairs is the bedroom and bathroom. This home is fenced and has wonderful views of Taos mountain and lots more opportunity to develop outdoor living space. Unit 519B is an updated studio unit with open plan living, sleeping and kitchen space with an attached bathroom. The home has a covered porch in which the tenant utilizes for creative art space. Home is fully fenced with mature fruit trees, pond and a lovely flagstone outdoor area. This multi family home offers a rare opportunity to enjoy sustainable living in a serene yet convenient location. Whether you’re seeking positive rental revenue, private retreat, a creative base, or a place to put down roots in Taos, 519 Este Es Rd is ready to welcome you home. Wonderful opportunity for a family to live in one of the homes while gaining income in renting out the other two properties. Be sure to ask about the rental history available to qualified buyers.

519 Este Es Road, Taos

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