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Quadplexes Rental Property with Two Buildings
For Sale
$395,000

354 W 12th Street, Silver City, NM 88061

MULTI_FAMILY - Other - Silver City, NM

Property Size2,594 SF
Lot Size0.32 Acres
Price / SF$152.27
Days on Market65

Property Features for 354 W 12th Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description Silver City - Res A
Bedrooms 4
Rooms Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 1
Subdivision Fraser
Directions From Pope St head West on 12th. Homes are on the corner of 12th and West St
Standard status Active
APN R091237
Size 2,594 SF
Lot size 0.32 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Subd: FRASER Block: 236 Lot: 2 AND:- Lot: 4 W140' LOT 2, W140' LOT 4 .321 AC TBD by Survey
Legal Description Subd: FRASER Block: 236 Lot: 2 AND:- Lot: 4 W140' LOT 2, W140' LOT 4 .321 AC TBD by Survey

Utilities

Heating system Natural Gas
Water source Public

Building Details

Year built 1930
Roof type Shingle
Architectural style Other
Listing Agency: Better Homes and Gardens Real Estate | Silver City
Listed By: Eric Escobar · License #54819
Added: Jun 29 Changed: Aug 2 Last Checked: Sep 1 at 4:06PM
MLS# 41431

Copyright © 2026 Silver City Regional MLS. 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 quadplexes-style rental property includes two buildings totaling 4 units, with the layout designed to let an owner live in one building while generating rental income from the other. The property was built in 1930 and features natural gas heating, public water service, and a shingle roof.

The offering is located at 354 W 12th Street in Silver City, New Mexico (Grant County). The buildings provide four-bedroom inventory across the property, supporting a variety of household sizes.

With 0.32 acres and approximately 2,594 square feet of property size, this is a straightforward small multi-family investment built around a two-building configuration for mixed live-and-rent use.

Key Highlights

  • Two buildings with 4 total units
  • Built in 1930
  • Approximately 2,594 square feet

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom Storage Facility Plumbing Service Electrical Service (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

981
Businesses Nearby

Demographics for 88061, NM

17,429
Population
9,049
Households
1.9
Avg Household Size
48
Median Age
30%
College-Educated
90%
High-School Grad
897.2 sq mi
ZIP Area
19
Density / Sq Mi
$47,099
Median Household Income
$27,019
Median Earnings
$841
Median Rent
$185,000
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 - Two-building quadplex-style rental property with natural gas heat, public water, and shingle roof.
Where is this quadplex located?
The property is located at 354 W 12th Street Silver City, NM.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Two buildings with 4 total units; Built in 1930; Approximately 2,594 square feet
More about this property
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