- Overview
- Description
- Property Details
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- Facts & Features
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Street View
$1,100,000
Monthly Est:$5,475
20 Beds
- 10 Baths
7,090sqft
201 Lincoln Ave, Grants, NM 87020
$1,100,000
$5,475/moEst:
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Multi Family
Built in 1976
$-- HOA
17,424 sqft lot
$155/sq.ft
Description
Value-add multifamily investment opportunity in Grants, NM featuring 10 renovated units with 80% occupancy and immediate lease-up potential. Each unit offers the same spacious floor plan with washer/dryer hookups, stainless steel appliances, quartz countertops, garbage disposals, LVP flooring, and tiled showers. New energy-efficient mini-split HVAC systems were installed property-wide in 2024. Residents enjoy a secure gated courtyard. An additional ~600 SF, 1-bedroom/1-bath unit was converted from a storage unit with washer/dryer hookups; this provides the opportunity to create an 11th income-producing unit, subject to completion. 11th unit is roughly 75% complete.
- Houzeo last checked: 4 hours ago
- Listing updated: September 14, 2026 at 9:30 pm
- Listing Provided by: Diana J Leal (505) 910-3320 DRE #54204 | Weichert, Realtors Image (505) 365-6721
- Source: Greater Albuquerque AOR (SWMLS) MLS-NM | MLS#: 1106959

Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1976
HOA Fees
-
Finished Area
7,090 sqft
Lot Size
17,424 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1106959
MLS Status
Active
Days on Market
110
Cumulative Days on Market
67

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 20
Bathrooms: 10
Interior
Exterior Features
Landscaping, Lighting
Heating
Ductless
Cooling
Ductless
Appliances
Free Standing Gas Range, Disposal, Microwave, Refrigerator
Flooring
Carpet Free, Vinyl
Construction
Year Built
Year Built: 1976
Home type
Multi Family
Property Condition
Resale
Construction Materials
Brick, Frame
Utilities & Energy
Security Features
Security Gate
Laundry Features
Washer Hookup, Dryer Hookup, Gas Dryer Hookup, In Unit
Utilities
Electricity Available, Natural Gas Available, Water Connected
Other Features
Tenant Pays
Electricity, Gas
Disclosures
Lead Based Paint Disclosure, Principal Is Real Estate Licensed, Ranm2100disclosure
Price History
| Date | Event | Price |
|---|---|---|
07/09/2026 Source: | Listed for Sale | $1,100,000 +115.69% $155/sqft |
04/16/2024 Source: | Sold | $510,000 $72/sqft |
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Based on information from the Greater Albuquerque Association of REALTORS® (alternatively, from the Southwest MLS) through Oct 28, 2026, 02:15PM. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by The Service. © 2026 Greater Albuquerque Association of REALTORS®. All Rights Reserved.
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