Quadplex with Private Courtyard
For Sale
$1,795,000
102 Padre Martinez Lane, Taos, NM 87571
MULTI_FAMILY - Other - Taos, NM
Property Size5,011 SF
Lot Size0.45 Acres
Price / SF$358.21
Days on Market123
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
fireplaces
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
(575) 758-9500
Listed By:
Lisa Cancro · License #41545
(575) 758-9500
Added: Apr 13
Changed: Aug 1
Last Checked: Aug 13 at 10:06PM
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.
Historic Mill House Apartments is a Territorial-style quadplex positioned just west of Taos Plaza in the heart of town. The 5,011-square-foot property was originally remodeled in 2014 and features four fully furnished units, each with a private courtyard at its individual entrance.
The homes preserve original historic details, including select preserved original windows, while other windows have been updated for improved seasonal efficiency. Interior finishes include smooth plaster walls, archways, and traditional Southwestern fireplaces. Kitchens are equipped with Frigidaire appliances, Kohler sinks, and original cabinet doors that were re-textured, with open shelving throughout. Unit layouts include Unit 1 (568 SF studio), Unit 2 (1,608 SF, 2 bedrooms, 1 bathroom), Unit 3 (1,155 SF, 1 bedroom, 1 bathroom with a queen sleeper sofa), and Unit 4 (1,106 SF, 2 bedrooms, 1 bathroom).
Construction materials include adobe, frame, and stucco, with tile and wood flooring. The property is heated with forced air, has a metal roof, and includes a porch/patio and a gravel driveway. Public water is provided.
The homes preserve original historic details, including select preserved original windows, while other windows have been updated for improved seasonal efficiency. Interior finishes include smooth plaster walls, archways, and traditional Southwestern fireplaces. Kitchens are equipped with Frigidaire appliances, Kohler sinks, and original cabinet doors that were re-textured, with open shelving throughout. Unit layouts include Unit 1 (568 SF studio), Unit 2 (1,608 SF, 2 bedrooms, 1 bathroom), Unit 3 (1,155 SF, 1 bedroom, 1 bathroom with a queen sleeper sofa), and Unit 4 (1,106 SF, 2 bedrooms, 1 bathroom).
Construction materials include adobe, frame, and stucco, with tile and wood flooring. The property is heated with forced air, has a metal roof, and includes a porch/patio and a gravel driveway. Public water is provided.
Key Highlights
- 5,011‑square‑foot Territorial‑style quadplex remodeled in 2014
- Four fully furnished units, each with a private courtyard at its individual entrance
- Unit mix: 568 SF studio; 1,608 SF 2 bed/1 bath; 1,155 SF 1 bed/1 bath; 1,106 SF 2 bed/1 bath
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,028
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Historic Territorial-style quadplex west of Taos Plaza with furnished units, each featuring a private courtyard at entry.
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 Territorial‑style quadplex remodeled in 2014; Four fully furnished units, each with a private courtyard at its individual entrance; Unit mix: 568 SF studio; 1,608 SF 2 bed/1 bath; 1,155 SF 1 bed/1 bath; 1,106 SF 2 bed/1 bath
