3

Grants, NM Multifamily Homes & Duplexes for Sale

Section Image
  • /90

    $72,500

    • 2 Beds
    • 2 Baths

    1204 N Bratton St, Grants, NM 87020

    Located at 1204 and 1208 Bratton in Grants, New Mexico, this multi-family property offers the unique opportunity to own two homes on two parcels for the price of one. The parcels are a total of approximately .5 acres of land. Situated close to local parks, the River Walk, and shopping, this property is in an ideal location for convenience and recreation. Property Highlights: 1204 Bratton

    Geoffrey Bia Exp Realty, LLC

    1204 N Bratton St, Grants, NM 87020
  • /69

    $4,000,000

    • 2 Beds
    • 1 Bath
    • 40,752 Sq Ft

    1069 Bonita St, Grants, NM 87020

    CORE AssetAt full occupancy, the measures of investment performance at the ask price of $4,000,000 and current average rents of $665 a month are a GRM of 10.67, a 5.69% cap rate, $85,106 per unit, $106.39/sf, and an after-tax internal rate of return is 14.70% July 2024 appraisal indicated a value of $4,000,000.And Value AddThe property is currently 26% below market rents and that does not take

    Todd Clarke NM Apartment Advisors, Inc.

    1069 Bonita St, Grants, NM 87020
  • /70

    $124,900

    • 2 Beds
    • 2 Baths

    918 E High St, Grants, NM 87020

    This duplex in Grants, New Mexico, offers one 2-bedroom, 2-bath unit and one 1-bedroom 1 bath unit 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

    Geoffrey Bia Exp Realty, LLC

    918 E High St, Grants, NM 87020

About Grants

Around 78 miles east of Albuquerque, and right on Route 66, the small town of Grants serves as the seat of Cibola County. Its affordable midcentury homes offer panoramic views of high desert scenery. Mount Taylor’s snowy hills are immediately north of the city, and El Malpais’ lava fields are famous for their unique rock formations. Like other frontier towns in the American West, Grants’ economy has had to reinvent several times over the last century. From being the country’s carrot farming capital in the early 20th century, to becoming its lar ...

Home Trends in Grants, NM

Home Trends

Median Price (12 Mo)
$170,000
Median Single Family Price
$170,750
Average Price Per Sq Ft
$110
Number of Homes for Sale
44
Last 12 months Home Sales
57
Months of Supply
9.30
Median List Price
$199,000
Median Discount From 1st List Price
2%
Median Home Sale Price YoY Change
21%
How to Buy a Home How to Finance a Home How to Sell a Home