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Historic Quadplex with Courtyards
For Sale
$1,795,000

102 Padre Martinez Lane, Taos, NM 87571

Residential, Taos, NM

Property Size5,011 SF
Lot Size0.45 Acres
Price / SF$358.21
Days on Market178

Property Features for 102 Padre Martinez Lane

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description historic
Patio and Porch features Porch, Patio
Interior features BeamedCeilings, CeilingFans, CableTv
Exterior features GravelDriveway
Fireplace 1
Appliances Dryer, Disposal, GasRange, GasWaterHeater, Microwave, Refrigerator, Washer
Lot features Corner Lot, Drip Irrigation Bubblers, Garden, Irregular Lot
Directions Property located behind Taos Plaza on the west side of Ranchitos Road.
Subdivision TOWN OF TAOS (45A)
Standard status Active
Lot size 0.45 Acres

Taxes and HOA fees

Tax Description Township 25N Range 13E Section 17
Legal Description Township 25N Range 13E Section 17

Utilities

Heating system Forced Air
Water source Public

Amenities

private courtyard
fireplace
landscaped grounds

Building Details

Year built 1932
Floors in Building 1
Number of units 4
Flooring type Tile, Wood
Building materials Adobe, Frame, Stucco
Roof type Metal
Architectural style Other
Listing Agency: TAOS PROPERTIES REAL ESTATE INVESTMENT
Listed By: Lisa Cancro · License #41545
Added: Apr 13 Changed: Sep 13 Last Checked: Oct 7 at 11:06AM
MLS# 114822

Copyright © 2026 Enchanted Circle Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5,011-square-foot quadplex contains four fully furnished residences within a 1932 Territorial-style building renovated in 2014. The unit mix includes a 568 SF studio, a 1,608 SF two-bedroom, one-bath residence, a 1,155 SF one-bedroom, one-bath residence with a queen sleeper sofa, and a 1,106 SF two-bedroom, one-bath residence. Each unit has its own courtyard entry, while interior details include plaster walls, arched openings, Southwestern fireplaces, wood and tile flooring, and kitchens equipped with Frigidaire appliances, Kohler sinks, gas ranges, refrigerators, microwaves, disposals, washers, and dryers.

Set on 0.45 acres at 102 Padre Martinez Lane in Taos, the property features landscaped grounds with mature and fruit trees, public water, a metal roof, adobe, frame, and stucco construction, and forced-air heating. Taos Plaza, restaurants, cafes, galleries, and the John Dunn Shops are located nearby.

Key Highlights

  • 5,011‑square‑foot quadplex on 0.45 acres
  • Four fully furnished units with private courtyard entrances
  • Unit mix includes a 568 SF studio, 1,608 SF two‑bedroom, 1,155 SF one‑bedroom, and 1,106 SF two‑bedroom

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office HVAC Service Garden Center Grocery & Convenience Store Florist (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,028
Businesses Nearby

Demographics for 87571, NM

11,650
Population
7,038
Households
1.7
Avg Household Size
50
Median Age
44%
College-Educated
92%
High-School Grad
157.7 sq mi
ZIP Area
74
Density / Sq Mi
$55,833
Median Household Income
$27,254
Median Earnings
$1,006
Median Rent
$416,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Four furnished residences combine Southwestern character, private outdoor entries, and proximity to Taos Plaza amenities.
Where is this quadplex located?
The property is located at 102 Padre Martinez Lane Taos, NM.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 5,011‑square‑foot quadplex on 0.45 acres; Four fully furnished units with private courtyard entrances; Unit mix includes a 568 SF studio, 1,608 SF two‑bedroom, 1,155 SF one‑bedroom, and 1,106 SF two‑bedroom
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