Pending

$315,000

809 Van Patten Ave, Las Cruces, NM 88005

5beds

8baths

5,101sqft

$2,016/mo

Get pre-qualified

Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$62/sqft

$-- HOA

What's special

Ample on-site parkingDetached single-family homeAdditional outdoor spaceRenovated vacant unit

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.

86 days
425
23

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 8

Heating

Wall Furnace

Cooling

Evaporative Cooling

Appliances

Included: Range, Refrigerator

Features

Flooring: Flooring Foundation: Dirt, Flooring Foundation: Slab

Interior area

Total structure area: 5,101
Total interior livable area: 5,101 sqft

Property

Parking

Parking features: Paved

Features

Fencing: Block

Lot

Size: 0.57 Acres
Dimensions: .25 to .50 AC

Details

Parcel number: 4006135391086

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Adobe, Stucco, Block
Roof: Flat,Minimum Pitch,Pitched

Condition

Poor to Fair
New construction: No

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Palmers Subdivision

HOA

Has HOA: No

Location

Region: Las Cruces

Financial & listing details

Price per square foot: $62/sqft
Tax assessed value: $290,250
Annual tax amount: $2,930
Date on market: 6/9/2026
Listing terms: Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/19/2026	Pending sale	$315,000$62/sqft
Source: SNMMLS as distributed by MLS GRID #2601841 Report a problem
7/17/2026	Listed for sale	$315,000$62/sqft
Source: SNMMLS as distributed by MLS GRID #2601841 Report a problem
6/25/2026	Pending sale	$315,000$62/sqft
Source: SNMMLS as distributed by MLS GRID #2601841 Report a problem
6/9/2026	Listed for sale	$315,000$62/sqft
Source: SNMMLS as distributed by MLS GRID #2601841 Report a problem
2/23/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
2/5/2021	Listed for rent	$775
Source: Zillow Rental Manager Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,930 +2.4%	$96,750 +3%
2024	$2,861 +1.4%	$93,932 +3%
2023	$2,820 +1.6%	$91,196 +3%
2022	$2,777 +3.4%	$88,540 +3%
2021	$2,687 0%	$85,962 +0.5%
2020	$2,688 +2.7%	$85,544 +3%
2019	$2,617 +3.6%	$83,053 +3%
2018	$2,525	$80,634 +6.8%
2017	$2,525 +16.3%	$75,533 +3%
2016	$2,171 +1.6%	$73,334 -66.7%
2015	$2,136 -0.5%	$219,951 +1.5%
2014	$2,147 +3.2%	$216,700
2013	$2,081	$216,700
2012	$2,081 +1.5%	$216,700
2011	$2,050 -5.5%	$216,700 -7.2%
2010	$2,170 +5%	$233,600 -0.3%
2009	$2,067	$234,200 +1.9%
2008	$2,067 +34.6%	$229,840 +33.7%
2007	$1,536 +4.1%	$171,900 +2.9%
2005	$1,476 +4.2%	$167,106 +6.1%
2004	$1,417 +33.2%	$157,500
2003	$1,064 -2.6%	$157,500 +32.4%
2002	$1,092	$119,000
2001	$1,092 +6.7%	$119,000 +6.1%
2000	$1,024	$112,200