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201 Lincoln Avenue, 
Grants, NM 87020

$1,100,000

20

Beds

10

Baths

7,090

Sq Ft

Multi-Family

Active

Listed by

Diana J Leal

Weichert, Realtors Image

505-365-6721

Last updated:

July 23, 2026, 08:39 PM

MLS#

1106959

Source:

NM SWMLS

About This Home

201 Lincoln Avenue

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.

Home Facts

Multi-Family

10 Baths

20 Bedrooms

Built in 1976

Price Summary

1,100,000

$155 per Sq. Ft.

MLS #:

1106959

Last Updated:

July 23, 2026, 08:39 PM

Added:

16 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

20

Bathrooms

Total Bathrooms:

10

Interior

Living Area:

7,090 Sq. Ft.

Structure

Structure

Building Area:

7,090 Sq. Ft.

Year Built:

1976

Lot

Lot Size (Sq. Ft):

17,424

Finances & Disclosures

Finances

Price:

$1,100,000

Price per Sq. Ft:

$155 per Sq. Ft.

Source:NM SWMLS
The information being provided by Greater Albuquerque Aor/Southwest Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Greater Albuquerque Aor/Southwest Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.