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Two-Story Quadplex
For Sale
$270,000

1276 Washington Ave, Grants, NM 87020

Four residential units feature two-bedroom layouts and updated kitchen appliances.

Property Size2,600 SF
Price / SF$103.85
Days on Market224

Property Features for 1276 Washington Ave

General Information

Standard status Active
Size 2,600 SF
Property subtype Multifamily
Zoning MR

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Building Details

Buildings 1
Stories 2
Listing Agency: Hanna Commercial, LLC
Listed By: Richard Hanna · License #9158
Source: Carnm.resimplifi
Added: Jan 19 Changed: Aug 29 Last Checked: Aug 29 at 8:41PM

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 two-story quadplex in Grants, NM contains four apartments of approximately 650 square feet each, for 2,600 square feet of total property size. Every residence includes two bedrooms and one bathroom, with ceiling fans installed in both bedrooms. Interior finishes include carpet in the bedrooms and tile flooring in wet areas, providing distinct materials for living and service spaces. Updated kitchen appliances add a current functional element to each unit.

The property is located at 1276 Washington Ave and carries MR zoning. Its four-unit configuration and consistent two-bedroom, one-bathroom layouts provide a clearly defined residential income property format.

Key Highlights

  • Four‑unit, two‑story residential property at 1276 Washington Ave, Grants, NM 87020
  • Approximately 650 square feet per apartment; 2,600 square feet total property size
  • Each unit includes 2 bedrooms and 1 bathroom

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Auto Repair Shop Hair Salon

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

135
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?
Quadplex - Four residential units feature two-bedroom layouts and updated kitchen appliances.
Where is this quadplex located?
The property is located at 1276 Washington Ave 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: Four‑unit, two‑story residential property at 1276 Washington Ave, Grants, NM 87020; Approximately 650 square feet per apartment; 2,600 square feet total property size; Each unit includes 2 bedrooms and 1 bathroom
More about this property
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