Investor opportunity in the heart of Las Cruces! Situated on a large corner lot, this unique property offers multiple living spaces and income potential. The main adobe residence features approximately 2,234 square feet 3-bedroom, office or bedroom suite, 2-bath, including a separate 1-bedroom, 1-bath living area with private entrance. A detached secondary residence offers approximately 754 square feet with 2 bedrooms and 1 bath.
For sale
Price cut: $5K (7/2)
$174,999
1101 S Espanola St, Las Cruces, NM 88001
6beds
4baths
2,234sqft
Triplex, Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$78/sqft
$-- HOA
What's special
Office or bedroom suiteDetached secondary residenceMultiple living spacesLarge corner lotMain adobe residence
- 45 days |
- 1,075 |
- 57 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
DeAnn L Rocha 575-973-0614,
New Mexico Properties 575-538-1487,
Farrell T Thurston 575-373-4663,
Thurston Realty
Source: SNMMLS as distributed by MLS GRID,MLS#: 2601754
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Natural Gas Available
Cooling
- Evaporative Cooling
Appliances
- Included: Main Home Has Oven/Range
Features
- Flooring: Flooring Foundation: Slab
Interior area
- Total structure area: 2,234
- Total interior livable area: 2,234 sqft
Property
Parking
- Parking features: Paved
Features
- Fencing: Chain Link,Rock
Lot
- Size: 0.32 Acres
- Dimensions: .25 to .50 AC
Details
- Parcel number: 4008135219507
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Adobe
- Roof: Shingle
Condition
- New construction: No
- Year built: 1950
Community & HOA
Community
- Subdivision: Valley View Addition
HOA
- Has HOA: No
Location
- Region: Las Cruces
Financial & listing details
- Price per square foot: $78/sqft
- Tax assessed value: $121,867
- Annual tax amount: $1,230
- Date on market: 6/3/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,080/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Price change | $174,999-2.8%$78/sqft |
Source: SNMMLS as distributed by MLS GRID #2601754 Report a problem | ||
| 6/3/2026 | Listed for sale | $179,999$81/sqft |
Source: SNMMLS as distributed by MLS GRID #2601754 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,230 +2.4% | $40,622 +3% |
| 2024 | $1,201 +1.4% | $39,439 +3% |
| 2023 | $1,184 -1.4% | $38,290 |
| 2022 | $1,201 +0.3% | $38,290 |
| 2021 | $1,197 -0.5% | $38,290 |
| 2020 | $1,203 -0.3% | $38,290 |
| 2019 | $1,206 +0.6% | $38,290 |
| 2018 | $1,199 | $38,290 |
| 2017 | $1,199 +8.9% | $38,290 -2.3% |
| 2016 | $1,101 -3.6% | $39,182 -65.7% |
| 2015 | $1,141 +104.9% | $114,124 +3% |
| 2014 | $557 -33.7% | $110,800 |
| 2013 | $840 | $110,800 +26.6% |
| 2012 | $840 -1.5% | $87,500 -3% |
| 2011 | $853 -15.5% | $90,200 -17% |
| 2010 | $1,009 +9.6% | $108,668 +3% |
| 2009 | $921 | $105,503 +3% |
| 2008 | $921 +3.7% | $102,430 +3% |
| 2007 | $888 +4.2% | $99,447 +3% |
| 2005 | $853 +4.2% | $96,551 +6.1% |
| 2004 | $819 +25.5% | $91,000 |
| 2003 | $652 -2.6% | $91,000 +24.7% |
| 2002 | $670 | $73,000 |
| 2001 | $670 +6.7% | $73,000 +6.1% |
| 2000 | $628 | $68,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 88001
Nearby schools
GreatSchools rating
- 7/10Conlee Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 4/10Lynn Middle SchoolGrades: 6-8Distance: 0.6 mi
- 3/10Early College High SchoolGrades: 9-12Distance: 2.3 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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