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Well-Maintained Triplex Investment
For Sale
$170,000

1004 Sage St, Grants, NM 87020

A well-maintained tri-plex with three 1-bedroom, 1-bath units, each about 600 square feet, currently fully occupied.

Property Size1,800 SF
Price / SF$94.44
Days on Market229

Property Features for 1004 Sage St

General Information

Standard status Active
Size 1,800 SF
Property subtype Multifamily
Zoning MR
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 3

Building Details

Tenancy Multi
Listing Agency: Hanna Commercial, LLC
Listed By: Richard Hanna · License #9158
Source: Carnm.resimplifi
Added: Jan 19 Changed: Sep 4 Last Checked: Sep 4 at 2:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hanna Commercial, LLC

Investment Insights

Based on property information with market context.

This well-maintained triplex includes three separate residential units. Each unit offers 1 bedroom and 1 bathroom with approximately 600 square feet of living space. The property has been consistently maintained over the years and is currently fully occupied.

The triplex is located at 1004 Sage Street in Grants, New Mexico.

With three income-producing units and full occupancy in place, the property offers a straightforward, turnkey residential income configuration for an investor.

Key Highlights

  • Well‑maintained tri‑plex in Grants, NM
  • Three units total: each unit has 1 bedroom and 1 bathroom
  • Each unit offers approximately 600 sq ft of living space

Property Analytics

Current Use

Triplexes

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 87020, NM

11,471
Population
4,593
Households
2.5
Avg Household Size
38
Median Age
23%
College-Educated
85%
High-School Grad
902.0 sq mi
ZIP Area
13
Density / Sq Mi
$67,511
Median Household Income
$39,100
Median Earnings
$741
Median Rent
$154,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - A well-maintained tri-plex with three 1-bedroom, 1-bath units, each about 600 square feet, currently fully occupied.
Where is this triplex located?
The property is located at 1004 Sage St Grants, NM.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Well‑maintained tri‑plex in Grants, NM; Three units total: each unit has 1 bedroom and 1 bathroom; Each unit offers approximately 600 sq ft of living space
More about this property
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