Grants NM Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Year built:
1950
Baths:
2.00
MLS#:
20246042

ADDITIONAL INFORMATION

This well-maintained duplex in Grants, New Mexico, offers two 2-bedroom, 1-bath units, each featuring hardwood floors. The property comes with separate electric and gas meters for each unit, and a shared water line. Both units are equipped with swamp coolers to keep you comfortable during the warmer months. The durable metal roof adds long-lasting protection. Located just minutes from shopping and local amenities, this duplex is a great investment or ideal for multi-generational living. Don’t miss this opportunity!

Type:
Multi-Family
Sq.Ft.:
2,600
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Year built:
1980
Baths:
MLS#:
20245919

ADDITIONAL INFORMATION

Updated 4-plex with stylish interior units. This property is great for savvy investors looking to add to their rental portfolio. The roof, furnaces, and most of the evaporative coolers are approximately 4 years old, ensuring that the property is in excellent condition for years to come. Each unit features bright and spacious living areas, cozy bedrooms. With all four units currently 100% occupied, this property provides an excellent opportunity for consistent rental income and minimal vacancy rates. Current monthly rents are $2700/month with long-term leases in place.

Type:
Multi-Family
Sq.Ft.:
2,600
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Year built:
1980
Baths:
MLS#:
20245911

ADDITIONAL INFORMATION

Updated 4-plex with stylish interior units. This property is great for savvy investors looking to add to their rental portfolio. The roof, furnaces, and most of the evaporative coolers are approximately 4 years old, ensuring that the property is in excellent condition for years to come. Each unit features bright and spacious living areas, cozy bedrooms. With all four units currently 100% occupied, this property provides an excellent opportunity for consistent rental income and minimal vacancy rates. Current monthly rents are $2850/month with long-term leases in place.

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Andrea Conner License # 20396 Xome Inc. License # 09022, [email protected] 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (“IDX”) program of the New Mexico MLS. Real Estate listings held by brokers other than Xome Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Copyright 2024 New Mexico MLS, Inc. MLS. All rights reserved.



Grants Real Estate

The median home value in Grants, NM is $152,300. This is higher than the county median home value of $104,160. The national median home value is $338,100. The average price of homes sold in Grants, NM is $152,300. Approximately 50.11% of Grants homes are owned, compared to 32.67% rented, while 17.23% are vacant. Grants real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Grants real estate agent to arrange a tour today!

Grants, New Mexico has a population of 9,208. Grants is more family-centric than the surrounding county with 28.68% of the households containing married families with children. The county average for households married with children is 22.66%.

The median household income in Grants, New Mexico is $44,782. The median household income for the surrounding county is $47,300 compared to the national median of $69,021. The median age of people living in Grants is 33.6 years.

Grants Weather

The average high temperature in July is 89.7 degrees, with an average low temperature in January of 16.9 degrees. The average rainfall is approximately 10.8 inches per year, with 14.8 inches of snow per year.

Grants Real Estate Market Conditions

  • Median sales price

    $152,300
    16.7% change since last quarter
  • # Active listings

    48
    30-day change

Grants Schools and Demographics

Education near Grants, NM

Metric City County
High School Graduates 75.57 81.82
College Degree - 2 year 7.64 10.37
College Degree - 4 year 18.08 15.64
Graduate Degree 3.21 3.96
Expenditures per Student 14,685 14,685
Students per Teacher 12.5 12.5

Elementary Schools near Grants, NM

School Grades Students P/T Ratio ZIP
Bluewater Elementary School KG - 06 115 15.5 87005
Mesa View Elementary School PK - 06 435 12.9 87020
Milan Elementary School PK - 06 509 16 87021
Mount Taylor Elementary School PK - 06 525 16.1 87020
San Rafael Elementary School KG - 06 53 9.8 87051

Middle Schools near Grants, NM

School Grades Students P/T Ratio ZIP
Los Alamitos Middle School 07 - 08 437 13.8 87020

High Schools near Grants, NM

School Grades Students P/T Ratio ZIP
Grants High School 09 - 12 878 15.7 87020

Demographics near Grants, NM

Metric City County
Neighborhood Type Small town
Population 9,208 27,284
Population Density 618 6
Median Age 33.6 39.4
People per Household 3 3.3
Median Household Income 44,782 47,300
Average Income per Capita 20,515 21,011