For Sale
Multi family home for sale at 201 Lincoln Ave, Grants, NM 87020 | MLS# 1106959 | Listing updated on 2026-09-14
Photo 1 of Multi family home for sale at 201 Lincoln Ave, Grants, NM 87020 | MLS# 1106959 | Listing updated on 2026-09-14
Photo 2 of Multi family home for sale at 201 Lincoln Ave, Grants, NM 87020 | MLS# 1106959 | Listing updated on 2026-09-14
Photo 3 of Multi family home for sale at 201 Lincoln Ave, Grants, NM 87020 | MLS# 1106959 | Listing updated on 2026-09-14
Photo 4 of Multi family home for sale at 201 Lincoln Ave, Grants, NM 87020 | MLS# 1106959 | Listing updated on 2026-09-14
26+
Beds Icon

Street View

$1,100,000

Monthly Est:$5,475

  • Beds Icon20 Beds
  • Beds Icon
    10 Baths
  • Beds Icon7,090sqft

201 Lincoln Ave, Grants, NM 87020

$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 Greater Albuquerque AOR (SWMLS) MLS-NM

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    1

  • County

    Cibola County

  • City

    Grants

  • 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

DateEventPrice

07/09/2026

Source: mls_logoGreater Albuquerque AOR (SWMLS) MLS-NM #1106959

Listed for Sale

$1,100,000 +115.69%

$155/sqft

04/16/2024

Source: mls_logoGreater Albuquerque AOR (SWMLS) MLS-NM #1041361

Sold

$510,000

$72/sqft

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.

Advertising Broker: Jared Andrew English | Congress Realty, Inc

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