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    • Price Unknown

    342 E May Ave APT 1 & 2, Las Cruces, NM 88001

    3beds
    1,613sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $100,100 Zestimate®
    $--/sqft
    $1,133 Estimated rent

    Home value

    $100,100

    $92,000 - $109,000

    $1,133/mo

    Zestimate® history
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    $1,133/mo

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    $1,133/mo

    Rent Zestimate®

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    What's special

    Seize this fantastic investment opportunity in the heart of the historic Old Town Mesquite district. This tri-plex, featuring three 1-bedroom/1-bath units, offers tons of potential for the right buyer. Buyer's agents WELCOME! Please text 575-201-3169 for questions, showings, or offering instructions. Location: Prime spot just a couple of blocks from downtown Las Cruces, with easy access to businesses, shops, and eateries. Current Status: One studio unit is currently rented for $450. The other two units need complete remodel, providing a perfect canvas for your improvements. Potential: The property has a history of 100% occupancy, making it an excellent investment. Live in one unit and rent out the other two, potentially living rent-free! Extras: Cozy and historic building with great character. The Old Town Mesquite district is experiencing a revival, offering a unique chance to own a piece of Las Cruces history at a very reasonable price. Don't miss out on this opportunity to invest in a property with great potential in a revitalizing area. Embrace the charm and historic appeal while adding your own modern touches! Viewings by APPOINTMENT ONLY.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Gas
    Cooling
    • Evaporative
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,613 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Detached
    Features
    • Exterior features: Stucco
    Lot
    • Size: 3,118 Square Feet
    Details
    • Parcel number: 4007135324233

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Conventional
    Materials
    • Roof: Composition
    Condition
    • Year built: 1930

    Community & HOA

    Location
    • Region: Las Cruces

    Financial & listing details

    • Tax assessed value: $117,964
    • Annual tax amount: $1,191

    Price history

    DateEventPrice
    6/25/2026Pending sale$130,000$81/sqft
    Source: SNMMLS as distributed by MLS GRID #2503820 Report a problem
    6/3/2026Price change$130,000-7.1%$81/sqft
    Source: SNMMLS as distributed by MLS GRID #2503820 Report a problem
    4/24/2026Price change$140,000-6.7%$87/sqft
    Source: SNMMLS as distributed by MLS GRID #2503820 Report a problem
    3/18/2026Price change$150,000-6.3%$93/sqft
    Source: SNMMLS as distributed by MLS GRID #2503820 Report a problem
    2/17/2026Price change$160,000-5.9%$99/sqft
    Source: SNMMLS as distributed by MLS GRID #2503820 Report a problem
    1/16/2026Price change$170,000-2.9%$105/sqft
    Source: SNMMLS as distributed by MLS GRID #2503820 Report a problem
    12/17/2025Listed for sale$175,000+9.4%$108/sqft
    Source: SNMMLS as distributed by MLS GRID #2503820 Report a problem
    5/6/2025Sold--
    Source: Public Record Report a problem
    9/3/2024Listing removed--
    Source: Owner Report a problem
    6/4/2024Listed for sale$159,900+125.2%$99/sqft
    Source: Owner Report a problem
    1/5/2018Listing removed$71,000$44/sqft
    Source: EXIT REALTY HORIZONS #1701931 Report a problem
    7/6/2017Listed for sale$71,000$44/sqft
    Source: EXIT REALTY HORIZONS #1701931 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,191 +2.1%$39,321 +2.7%
    2024$1,166 +82.5%$38,287 +85.3%
    2023$639 -1.4%$20,667
    2022$648 +128.4%$20,667 +127.6%
    2021$284 +32.5%$9,079 +3%
    2020$214 +3.6%$8,814 +3%
    2019$207 +0.6%$8,558
    2018$205 $8,558 +3%
    2017$205 +13.3%$8,309 +3%
    2016$181 +2.6%$8,066 -66.7%
    2015$177 -0.5%$24,200
    2014$178 +1.5%$24,200
    2013$175 $24,200 -0.1%
    2012$175 +1.5%$24,231
    2011$172 +5.9%$24,231 +3%
    2010$163 +11.9%$23,524 +3%
    2009$145 $22,839 +3%
    2008$145 +4.9%$22,174 +3%
    2007$139 +5.4%$21,528 +3%
    2005$132 +6.8%$20,901 +6.1%
    2004$123 -62.2%$19,700
    2003$326 -2.6%$19,700 -53.6%
    2002$334 $42,440
    2001$334 +7.8%$42,440 +6.1%
    2000$310 $40,000
    Find assessor info on the county website

    Neighborhood: Las Esperanzas

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    Nearby schools

    GreatSchools rating
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    $100,100
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    +$2,002
    With Zillow Showcase(estimated)
    $102,102
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $100,100
    2% more
    +$2,002
    With Zillow Showcase(estimated)
    $102,102

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