Multifamily

Grants, NM Multifamily Properties for Sale

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Milan, NM San Fidel, NM Prewitt, NM Ramah, NM Chama, NM Bluewater, NM
10 properties
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Renovated Apartment Building
Updated: Jul 9
Renovated Apartment Building

201 Lincoln Avenue, Grants, NM 87020

$1,100,000
7,090 sqft 0.40 AC lot
10 renovated apartment units with 80% occupancy
7,090 SF apartment property on 0.4 acres
2024 installation of energy‑efficient mini‑split HVAC systems property‑wide
Approximately 600 SF one‑bedroom, one‑bath unit converted from storage space
Additional unit is roughly 75% complete, subject to completion
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Two-Building Quadplex Property
Updated: Jun 17
Two-Building Quadplex Property

1241-1245 Jelso, Grants, NM 87020

$540,000
4,800 sqft
Four units with two bedrooms and one bathroom per unit
Two separate buildings totaling 4,800 square feet
Each building contains 2,400 square feet
Two approximately 0.15‑acre lots
Storage area for washers and dryers, excluded from square footage
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Duplex Income Property
Duplex Income Property

1245 Jelso Ave, Grants, NM 87020

$270,000
2,400 sqft

For sale duplex in Grants, NM, with an available neighboring sister property for buyers seeking additional units.

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Updated Duplex Income Property
Updated Duplex Income Property

1241 Jelso Ave, Grants, NM 87020

$270,000
2,400 sqft

Updated duplex with stucco repairs, newer cooling units, and a TPO roof installed about five years ago.

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Renovated Apartment Building with TPO Roofs
Renovated Apartment Building with TPO Roofs

1035 E High St, Grants, NM 87020

$1,350,000
14,850 sqft

Most units remodeled with new VCT flooring, paint, and updated kitchens; all roofs replaced with TPO within five years.

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Four-Unit Single-Story Apartment
Four-Unit Single-Story Apartment

1029 Sage St, Grants, NM 87020

$270,000
3,200 sqft

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

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Single-Story Triplex with One-Bedroom Units
Single-Story Triplex with One-Bedroom Units

1000 Sage St, Grants, NM 87020

$170,000
1,800 sqft

Three residential units provide living, kitchen, and dining areas within a single-level layout.

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Two-Story Quadplex
Two-Story Quadplex

1276 Washington Ave, Grants, NM 87020

$270,000
2,600 sqft

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

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Well-Maintained Triplex Investment
Well-Maintained Triplex Investment

1004 Sage St, Grants, NM 87020

$170,000
1,800 sqft

A well-maintained tri-plex with three 1-bedroom, 1-bath units, each about 600 square feet, currently fully occupied.

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Single-Story Quadplex
Single-Story Quadplex

1025 Sage St, Grants, NM 87020

$270,000
3,200 sqft

Four residential units provide consistent two-bedroom, one-bath layouts with dedicated on-site parking.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 10 Active listings in Grants, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Triplex with In-Unit Laundry Hookups
Triplex with In-Unit Laundry Hookups

502 E Green Avenue, Gallup, NM 87301

$325,000
3,000 sqft 0.16 AC lot

Fully rented three-unit property with washer and dryer connections in every residence.

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Duplex with Detached Rear Residence
Duplex with Detached Rear Residence

915 E Green, Gallup, NM 87301

$315,000
2,100 sqft

A remodeled main home is paired with a separate rear residence for flexible living arrangements.

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Apartment Property With House
Apartment Property With House

416 hwy 66, Milan, NM 87021

$865,000
22,000 sqft

The property includes apartment units, a house, and tile flooring.

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Duplex with Separate Utilities
Duplex with Separate Utilities

701 Lava, Milan, NM 87021

$139,000
1,922 sqft 0.38 AC lot

Two occupied residences offer distinct layouts, individual meters, and additional lot area for a manufactured home.

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Grants, NM Multifamily Properties Market Trends and Statistics

Explore 10 multifamily properties for sale in Grants, NM, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 44,140 square feet of properties for sale, with an estimated market value of $4,680,000.

Sale prices for multifamily properties in Grants, NM start at $170,000, averaging $468,000, and reaching up to $1,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Quadplexes 4
Apartment buildings 2
Duplexes 2
Triplexes 2

Demographics Overview

Population 12K
Population Growth (5Y) +6.3%
Median Household Income $67,511
College Educated 32.4%

High-Yield Neighborhoods for Investment

Identify Grants submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
87020 $440.9K

Taxes & Financing

Tax Rate (average for all types) 3.74%
Property Tax per SF $41.14 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cibola County

New Delisted

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