Listados cortesía de Patino Real Estate, una correduría con licencia en Nuevo México.
$315,000
809 W Van Patten Avenue, Las Cruces, NM 88005
5beds
8baths
Est.: $1,634/mo
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Get pre-qualified
6.75% with 20% down over 30 years, plus taxes and insurance. An estimate, not a quote.
🏠Apartment Complex
🌳0.57 acre lot
🏢HOA: ask us
🚗Parking: ask us
What's special
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.
83 days on the market Updated Aug 19, 2026
Listed by: Lauren C Lay, BHGRE Steinborn & Associates
Source: Southern New Mexico MLS · MLS#: LCN2601841 · Status: Pending
Source: Southern New Mexico MLS · MLS#: LCN2601841 · Status: Pending
Facts and features
Interior
- Bedrooms: 5
- Bathrooms: 8
- Cooling: Evaporative Cooling
- Heating: Wall Furnace
- Appliances: Range, Refrigerator
Exterior and lot
- Lot: 0.57 acre lot
- Construction: Adobe, Stucco, Block
- Roof: Flat, Minimum Pitch, Pitched
- Fencing: Block
- Parking: Paved Area
- Sewer: Public Sewer
- Water: Public
- Condition: Poor to Fair
Community and schools
- City: Las Cruces, NM 88005
- Subdivision: Palmers Subdivision
Financial
- Price: $315,000
- HOA: ask us
- Est. payment: $1,634/mo
- Buyer representation: ask us how it works on this home. You get it in writing before you tour.
What this home costs a month
Estimated monthly payment
$1,634/mo
Your own rate depends on credit, loan type and the day. We introduce you to a local lender for a real quote.
New Mexico taxes the assessed value, but 1% of the purchase price lands close on almost every Las Cruces home. Start there.
Around here most homes land between $1,000 and $1,500 a year.
This listing does not state an HOA. Ask us and we confirm it before you tour.
An estimate to plan with, not a loan offer or an opinion of value. Principal and interest are calculated from the numbers above; mortgage insurance is added automatically under 20% down. Taxes, insurance and HOA change by property and by year. Confirm every figure with your lender and the county before you rely on it.
Price history
| Date | Event | Price |
|---|---|---|
| Jun 8, 2026 | Listed for sale | $315,000 |
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Listing courtesy of BHGRE Steinborn & Associates · MLS# LCN2601841 · Status: Pending
Listing information from Southern New Mexico MLS, deemed reliable but not guaranteed and should be independently verified. Properties are subject to prior sale or withdrawal. Aerial imagery by Esri where MLS photos are not yet available. Patino Real Estate, Manny Patino Qualifying Broker, (575) 520-7604.
Listing information from Southern New Mexico MLS, deemed reliable but not guaranteed and should be independently verified. Properties are subject to prior sale or withdrawal. Aerial imagery by Esri where MLS photos are not yet available. Patino Real Estate, Manny Patino Qualifying Broker, (575) 520-7604.
