$65,431
- 2 Beds
- 2 Baths
1204 N Bratton St, Grants, NM 87020
Geoffrey Bia Exp Realty, LLC
$65,431
1204 N Bratton St, Grants, NM 87020
Geoffrey Bia Exp Realty, LLC
$118,655
918 E High St, Grants, NM 87020
Geoffrey Bia Exp Realty, LLC
$139,000
701 Lava Ave, Grants, NM 87020
Anna Carabajal Realty One of New Mexico
Grants, NM is a small desert city located at the base of Mount Taylor, approximately 78 miles east of Albuquerque along Route 66. Known for its affordable housing, Grants features midcentury modern and ranch-style homes, many built during its uranium mining days, with prices ranging from $100,000 to $300,000. In the northernmost parts of the city, Spanish Revival homes from the early 2000s are common. The city is surrounded by the vast Cibola National Forest, offering scenic views and outdoor activities such as the Mount Taylor Winter Quadrathlon and guided tours at El Malpais National Monument, which is 14 miles south. Within Grants, residents enjoy local parks, a recreation center, a dog park, and the Coyote del Malpais golf course. The city’s economy has evolved from carrot farming and uranium mining to Route 66 tourism, healthcare, and the prison industry, with five county jails and public prisons being major employers. Grants’ Main Street, part of Route 66, features grocery stores, shopping strips, and local businesses, though some storefronts are closed. Attractions include the New Mexico Mining Museum and Double Six Gallery. Crime rates in Grants have decreased significantly, with property crime down by 98% and violent crime by 87% between 2014 and 2023.
On average, homes in Grants, NM sell after 54 days on the market compared to the national average of 70 days. The median sale price for homes in Grants, NM over the last 12 months is $215,000, down 36% from the median home sale price over the previous 12 months.
In Grants, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $65,431 to $139,000, there's a range to accomodate every budget. As of July, 2025 the median home price in Grants is $252,500, while the average sale price is $245,149, offering insights into the local housing market. On average, multi-family homes spend 54 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Grants, NM.