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    Grants, NM
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    Grants, NM Multifamily Properties for Sale

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    Milan, NM Bluewater, NM Ramah, NM
    Renovated Multifamily Property with Courtyard
    Updated: Jul 9
    Renovated Multifamily Property with Courtyard

    201 Lincoln Avenue, Grants, NM 87020

    $1,100,000
    7,090 sqft 0.40 AC lot
    10 renovated multifamily units with 80% occupancy, with potential for immediate lease‑up
    2024 property‑wide installation of new energy‑efficient ductless mini‑split HVAC systems
    Each unit features washer/dryer hookups, stainless steel appliances, quartz countertops, garbage disposals, LVP flooring, and tiled showers
    Secure gated courtyard for resident access
    ~600 SF 1‑bedroom, 1‑bath unit converted from storage; the 11th unit is roughly 75% complete and includes washer/dryer hookups (subject to completion)
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    Two-Story Multifamily Property
    Updated: Jan 13
    Two-Story Multifamily Property

    1276 Washington Avenue, Grants, NM 87020

    $270,000
    2,600 sqft 0.17 AC lot
    Two‑story multi‑family property with well‑appointed suites
    Each suite offers 650 SF of living space with a living room, 2 bedrooms, and a bathroom
    Kitchens include appliances such as a free‑standing gas range, refrigerator, and range hood
    Interior features include ceiling fans
    Heating is forced air; cooling is via ceiling fan(s)
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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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Grants, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Multifamily Property with Additional House
    Multifamily Property with Additional House

    416 hwy 66, Milan, NM 87021

    $865,000
    22,000 sqft

    Includes 17 units plus a house, offering potential to expand on the same property.

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    Value-Add Apartment Investment Opportunity
    Value-Add Apartment Investment Opportunity

    7600 Central Ave SE, Albuquerque, NM 87108

    $1,325,000
    8,831 sqft

    Competitively priced apartment complex with value-add potential in Albuquerque.

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    Duplex in Milan, New Mexico
    Duplex in Milan, New Mexico

    701 Lava, Milan, NM 87021

    $139,000
    1,922 sqft 0.38 AC lot

    Versatile duplex with long-term renters, ideal for investment.

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    Albuquerque Land Development Opportunity
    Albuquerque Land Development Opportunity

    12815 Central Ave. Land, Albuquerque, NM 87121

    $1,000,000
    2.90 AC lot

    Land suitable for multifamily, townhome, self-storage, or light industrial development.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Land Lot with Wide Frontage
    Residential Land Lot with Wide Frontage

    2126 36th Street SW, Rio Rancho, NM 87124

    Contact for pricing
    0.50 AC lot

    A half-acre residential lot in Rio Rancho with a wide front line and permission for manufactured homes pending county requirements.

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    Residential Land Lot
    Residential Land Lot

    2305 30th Street SW, Rio Rancho, NM 87124

    Contact for pricing
    0.50 AC lot

    Half-acre lot in Rio Rancho with 80' frontage, suitable for manufactured homes pending county criteria.

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    Expansive Rio Rancho Land Parcel
    Expansive Rio Rancho Land Parcel

    106 31st Street SW, Rio Rancho, NM 87124

    $56,900
    3.00 AC lot

    3-acre lot in Rio Rancho with private well.

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    Rio Rancho Land For Sale
    Rio Rancho Land For Sale

    Rio Rancho Estates Lot 20 SW, Rio Rancho, NM 87124

    Contact for pricing
    0.79 AC lot

    Vacant 0.79 acre lot in Rio Rancho Estates Subdivision.

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    Grants, NM Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Grants, NM, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 12,090 square feet of properties for sale, with an estimated market value of $1,640,000.

    Sale prices for multifamily properties in Grants, NM start at $270,000, averaging $546,666, and reaching up to $1,100,000 — 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

    Apartment buildings 1
    Duplexes 1
    Quadplexes 1

    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 $1M

    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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