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Four-Unit Single-Story Apartment
For Sale
$270,000

1029 Sage St, Grants, NM 87020

Well-maintained four-unit multifamily property, currently 100% occupied with spacious 2-bedroom units.

Property Size3,200 SF
Price / SF$84.38
Days on Market277

Property Features for 1029 Sage St

General Information

Standard status Active
Size 3,200 SF
Property subtype Multifamily
Zoning MR
Occupancy 100%

Additional Details

Multifamily Units 4

Building Details

Stories 1
Tenancy Multi
Listing Agency: Hanna Commercial, LLC
Listed By: Richard Hanna · License #9158
Source: Carnm.resimplifi
Added: Jan 19 Changed: Oct 7 Last Checked: Oct 20 at 5:20PM

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

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Investment Insights

Based on property information with market context.

Well-maintained single-story four-unit multifamily property currently 100% occupied. The building consists of four spacious 2-bedroom, 1-bath units. Each unit is approximately 800 square feet and features durable plank or tile flooring throughout, along with ceiling fans in the bedrooms.

The property is presented for sale as a low-maintenance investment with consistent in-place occupancy history. The four-unit configuration supports an established income stream through the existing tenants.

This asset’s practical layout and unit finishes are designed for straightforward, day-to-day resident use, with ceiling fans and durable flooring throughout each unit.

Key Highlights

  • Single‑story four‑unit multifamily property with 100% occupancy
  • Four spacious 2‑bedroom, 1‑bath units, each approximately 800 SF
  • Well‑maintained asset with durable plank or tile flooring throughout units

Property Analytics

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

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

Frequently Asked Questions

What type of property is this?
Quadplex - Well-maintained four-unit multifamily property, currently 100% occupied with spacious 2-bedroom units.
Where is this quadplex located?
The property is located at 1029 Sage St Grants, NM.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Single‑story four‑unit multifamily property with 100% occupancy; Four spacious 2‑bedroom, 1‑bath units, each approximately 800 SF; Well‑maintained asset with durable plank or tile flooring throughout units
More about this property
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