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1201 E Griggs Avenue

Las Cruces, NM 88001
  • $432,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 2503336
Price Reduced
UPDATED: 75 min ago
$432,000
  • 8
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1985
County:

School Ratings & Info

Description

CALLING ALL INVESTORS! Don't miss this fantastic opportunity to own a well-maintained income-producing fourplex with strong rental history and long-term potential! All four units have new exterior stucco paint and REFRIGERATED AIR, and each have their own back yard. Three out of the four units have been recently updated with beautiful tile floors, granite countertops, modern undermount kitchen sinks, and new windows! Newly landscaped in front, creating great curb appeal! Each unit also has two parking spaces conveniently located right in front of each unit, plus additional guest parking. This versatile property is perfect for a seasoned investor, multi-generational setup, or an owner-occupant looking to live in one unit while collecting rental income from the others. With its excellent rental appeal and reliable cash flow, this fourplex is a must-have addition to your portfolio.

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© 2025 Southern New Mexico Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLIS or Rhyan Araiza | Agave Real Estate Group. Data last updated: 2025-12-10T17:14:16.517.
www.homefindernm.com/homes/169227741
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1201 E Griggs Avenue Las Cruces, NM 88001

  • Price: $432,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 75 min ago
  • MLS #: 2503336
8
Beds
0
Baths
0
½ Baths
0.33
Acres
1985
Built
Neighborhood:
Dean Subdivision
County:
Dona Ana
Area:
120 - Downtown
Property Description
CALLING ALL INVESTORS! Don't miss this fantastic opportunity to own a well-maintained income-producing fourplex with strong rental history and long-term potential! All four units have new exterior stucco paint and REFRIGERATED AIR, and each have their own back yard. Three out of the four units have been recently updated with beautiful tile floors, granite countertops, modern undermount kitchen sinks, and new windows! Newly landscaped in front, creating great curb appeal! Each unit also has two parking spaces conveniently located right in front of each unit, plus additional guest parking. This versatile property is perfect for a seasoned investor, multi-generational setup, or an owner-occupant looking to live in one unit while collecting rental income from the others. With its excellent rental appeal and reliable cash flow, this fourplex is a must-have addition to your portfolio.
Exterior Features

Parking Capacity 8.00 Parking Features Paved AreaOn Street

Interior Features

Appliances RangeRefrigerator Building Area Total 3600 Cooling Central Air Flooring Foundation Ceramic Tile Heating Gas AvailableForced Air

Property Features

Association YN No Fencing Chain LinkRock Green Certified No Included In Rent WaterTrash CollectionSewer Listing Terms CashConventional Lot Size Dimensions .25 to .50 AC Miscellaneous Individual Heat & AirMeters SeparateMeters MasterIndividual Water Heater New Vs Resale Resale Property Condition Good to Excellent Property Sub Type Quadruplex Sewer Public Sewer Tax Legal Description DEAN SUBDIVISION (BK 6 PG 75 - 4810953) 358 Lot: 22-26 Block: 127 Unit Features TileWasher/Dryer Hook-UpsPrivate Outside EntryPrivate BathFenced Area Water Source Public

Listing provided courtesy of Mary Jane Mcneil of BHGRE Steinborn & Associates: (575) 522-3698. All listing information was provided by Southern New Mexico Multiple Listing Service.


© 2025 Southern New Mexico Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLIS or Rhyan Araiza | Agave Real Estate Group. Data last updated: 2025-12-10T17:14:16.517.
 
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Rhyan Araiza | Agave Real Estate Group
150 Washington Ave. Suite 201
Sante Fe NM, 87501