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809 W Van Patten Avenue

Las Cruces, NM 88005
  • $315,000
  • STATUS: Active
  • ON SITE: 65 Days
  • MLS #: 2601841
UPDATED: 48 min ago
$315,000
  • 5
    BEDS
  • 0.57
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Description

Eight-unit multifamily investment opportunity with a diverse unit mix and value-add potential. The property consists of six apartment units located at the rear of the site, including five currently leased units and one recently renovated unit that is available for rent. At the front of the property, a detached single-family home and studio provide additional income-producing flexibility.The rear apartment units each offer approximately 600 square feet of living space with 2 bd/ 1 bath corner units and 1 bd/ 1 bath interior units. Ample on-site parking is available for tenants, and the property includes additional outdoor space that could be enhanced to improve tenant enjoyment and overall appeal.With existing rental income, a renovated vacant unit, and opportunities for further improvements, this property presents an attractive option for investors seeking a project with upside potential and multiple revenue streams.

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© 2026 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: 2026-08-14T14:14:19.493.
www.homefindernm.com/homes/177493935
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809 W Van Patten Avenue Las Cruces, NM 88005

  • Price: $315,000
  • Status: Active
  • On Site: 65 Days
  • Updated: 48 min ago
  • MLS #: 2601841
5
Beds
0
Baths
0
½ Baths
0.57
Acres
1940
Built
Neighborhood:
Palmers Subdivision
County:
Dona Ana
Area:
119 - Alameda
Property Description
Eight-unit multifamily investment opportunity with a diverse unit mix and value-add potential. The property consists of six apartment units located at the rear of the site, including five currently leased units and one recently renovated unit that is available for rent. At the front of the property, a detached single-family home and studio provide additional income-producing flexibility.The rear apartment units each offer approximately 600 square feet of living space with 2 bd/ 1 bath corner units and 1 bd/ 1 bath interior units. Ample on-site parking is available for tenants, and the property includes additional outdoor space that could be enhanced to improve tenant enjoyment and overall appeal.With existing rental income, a renovated vacant unit, and opportunities for further improvements, this property presents an attractive option for investors seeking a project with upside potential and multiple revenue streams.
Exterior Features

Construction Materials AdobeStuccoBlock Parking Capacity 10.00 Parking Features Paved Area Roof FlatMinimum PitchPitched

Interior Features

Appliances RangeRefrigerator Building Area Total 5101 Cooling Evaporative Cooling Flooring Foundation DirtSlab Heating Wall Furnace

Property Features

Association YN No Fencing Block Green Certified No Included In Rent WaterTrash CollectionSewer Listing Terms Conventional Lot Size Dimensions .25 to .50 AC Miscellaneous Individual Water HeaterMeters Separate New Vs Resale Resale Property Condition Poor to Fair Property Sub Type Apartment Complex Sewer Public Sewer Tax Legal Description Lot: 1-6 Block 24 Unit Features CarpetsPatio Water Source Public

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


© 2026 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: 2026-08-14T14:14:19.493.
 
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Rhyan Araiza | Agave Real Estate Group
150 Washington Ave. Suite 201
Sante Fe NM, 87501