This is a great income-producing property with both sides of the duplex under annual lease with the housing department. Gross revenue per month is $1700. Well maintained with responsible long term tenantsThey will be a good income producing property for the next buyer.
For sale
Price cut: $10K (6/2)
$185,000
1130 Colorado Ave, Las Cruces, NM 88001
3beds
1,521sqft
Townhouse, Residential
Built in 1962
4,791 Square Feet Lot
$182,300 Zestimate®
$122/sqft
$-- HOA
What's special
- 72 days |
- 142 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Marci Kay Dickerson 575-644-0778,
BHGRE Steinborn & Associates 575-522-3698
Source: SNMMLS as distributed by MLS GRID,MLS#: 2601488
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bathroom
- Description: Tile Floor,Tub/Shower Combo
Kitchen
- Features: Tile Floor, Gas Cooktop, Wood Cabinets, Vinyl Counters
Living room
- Features: Ceiling Fan, Tile
Heating
- Forced Air, Wall
Cooling
- Evaporative Cooling, Window Unit(s)
Features
- Flooring: Flooring Foundation: Slab
- Windows: Aluminum/Steel
- Basement: None
Interior area
- Total structure area: 1,521
- Total interior livable area: 1,521 sqft
Property
Features
- Levels: One
- Stories: 1
- Fencing: Chain Link
Lot
- Size: 4,791 Square Feet
- Dimensions: 0 to .24 AC
- Features: Landscaping: Rock
Details
- Parcel number: 4008135102398
Construction
Type & style
- Home type: Townhouse
- Architectural style: Pueblo
- Property subtype: Townhouse, Residential
Materials
- Frame, Stucco
- Roof: Flat
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: City Gas, El Paso Electric
Community & HOA
Community
- Subdivision: Grand View Subdivision
HOA
- Has HOA: No
Location
- Region: Las Cruces
Financial & listing details
- Price per square foot: $122/sqft
- Tax assessed value: $71,968
- Annual tax amount: $727
- Date on market: 5/7/2026
- Electric utility on property: Yes
Estimated market value
$182,300
$173,000 - $191,000
$1,403/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Price change | $185,000-5.1%$122/sqft |
Source: SNMMLS as distributed by MLS GRID #2601488 Report a problem | ||
| 5/7/2026 | Listed for sale | $195,000$128/sqft |
Source: SNMMLS as distributed by MLS GRID #2601488 Report a problem | ||
| 12/19/2014 | Listing removed | $475 |
Source: 1300 El Paseo #E2 Las Cruces NM 88001 Report a problem | ||
| 9/2/2014 | Listed for rent | $475 |
Source: 1300 El Paseo #E2 Las Cruces NM 88001 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $727 +2.4% | $23,989 +3% |
| 2024 | $709 +1.4% | $23,291 +3% |
| 2023 | $699 -1.4% | $22,612 |
| 2022 | $709 +0.3% | $22,612 |
| 2021 | $707 -0.5% | $22,612 |
| 2020 | $710 -0.3% | $22,612 |
| 2019 | $712 +0.6% | $22,612 |
| 2018 | $708 | $22,612 |
| 2017 | $708 +8.9% | $22,612 -0.4% |
| 2016 | $650 -1.7% | $22,700 -61.7% |
| 2015 | $661 +14.3% | $59,276 +1.5% |
| 2014 | $579 +3.1% | $58,400 |
| 2013 | $561 | $58,400 0% |
| 2012 | $561 +1.5% | $58,425 |
| 2011 | $553 +4.9% | $58,425 +3% |
| 2010 | $527 +9.6% | $56,722 +3% |
| 2009 | $481 | $55,070 +3% |
| 2008 | $481 +3.7% | $53,466 +3% |
| 2007 | $464 +4.2% | $51,909 +3% |
| 2005 | $445 +4.2% | $50,396 +6.1% |
| 2004 | $427 -9.9% | $47,500 |
| 2003 | $474 -2.6% | $47,500 -10.5% |
| 2002 | $487 | $53,050 |
| 2001 | $487 +6.7% | $53,050 +6.1% |
| 2000 | $456 | $50,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 88001
Nearby schools
GreatSchools rating
- 4/10Valley View Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Lynn Middle SchoolGrades: 6-8Distance: 0.8 mi
- 6/10Las Cruces High SchoolGrades: 9-12Distance: 0.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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