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.
Pending
$315,000
809 Van Patten Ave, Las Cruces, NM 88005
5beds
8baths
5,101sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$62/sqft
$-- HOA
What's special
Ample on-site parkingDetached single-family homeAdditional outdoor spaceRenovated vacant unit
- 25 days |
- 1,083 |
- 82 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Lauren C Lay 575-640-6763,
BHGRE Steinborn & Associates 575-522-3698,
Jeremiah Lay 575-571-1075,
Steinborn/TCN Commercial RE
Source: SNMMLS as distributed by MLS GRID,MLS#: 2601841
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: $281,797
- Annual tax amount: $2,861
- Date on market: 6/9/2026
- Listing terms: Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 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 |
|---|---|---|
| 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 | $112,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 88005
Nearby schools
GreatSchools rating
- 4/10Mac Arthur Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 6/10Picacho Middle SchoolGrades: 6-8Distance: 1.4 mi
- 6/10Las Cruces High SchoolGrades: 9-12Distance: 1.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New Mexico
- Dona Ana County
- Las Cruces
- 88005
- 809 Van Patten Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Las Cruces Topics
