This property is located at 825 Parkview Drive, Las Cruces NM 88001 is a prime investment opportunity features a multifamily property with 11 units, 9 of which are currently rented, providing immediate cash flow. The unit breakdown includes 8 one-bedroom, one-bath units (one with washer/dryer hookups), 2 two-bedroom units (one with washer/dryer hookups), and a spacious four-bedroom, two-bath unit that also has washer/dryer hookups. Each unit is equipped with a range and refrigerator, and all have their own gas and electric meters for occupant convenience. With its tremendous potential, this property won't last long on the market. Contact the listing Realtor today to secure your chance to own this lucrative investment before it's gone!
Sold
Price Unknown
825 Parkview Dr, Las Cruces, NM 88001
14beds
12baths
5,613sqft
Other
Built in 1956
1.09 Acres Lot
$458,700 Zestimate®
$--/sqft
$868 Estimated rent
Home value
$458,700
$408,000 - $514,000
$868/mo
Zestimate® history
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Zillow last checked:
Source: EXIT Realty broker feed,MLS#: 2402998
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 12
Heating
- Electric
Cooling
- Other
Features
- Basement:
- Has fireplace: No
Interior area
- Total structure area: 5,613
- Total interior livable area: 5,613 sqft
Property
Lot
- Size: 1.09 Acres
Details
- Parcel number: 4008136157285
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Other
Condition
- Year built: 1956
Community & HOA
Location
- Region: Las Cruces
Financial & listing details
- Tax assessed value: $270,474
- Annual tax amount: $2,731
- Date on market: 1/7/2025
- Lease term: Contact For Details
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2025 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 4/11/2025 | Pending sale | $499,000$89/sqft |
Source: SNMMLS as distributed by MLS GRID #2402998 Report a problem | ||
| 2/7/2025 | Listed for sale | $499,000$89/sqft |
Source: SNMMLS as distributed by MLS GRID #2402998 Report a problem | ||
| 2/2/2025 | Pending sale | $499,000$89/sqft |
Source: SNMMLS as distributed by MLS GRID #2402998 Report a problem | ||
| 1/22/2025 | Price change | $499,000-14.5%$89/sqft |
Source: SNMMLS as distributed by MLS GRID #2402998 Report a problem | ||
| 1/7/2025 | Listed for sale | $583,900$104/sqft |
Source: SNMMLS as distributed by MLS GRID #2402998 Report a problem | ||
| 12/21/2024 | Listing removed | $583,900$104/sqft |
Source: | ||
| 12/6/2024 | Listed for sale | $583,900$104/sqft |
Source: | ||
| 10/13/2024 | Pending sale | $583,900$104/sqft |
Source: SNMMLS as distributed by MLS GRID #2402998 Report a problem | ||
| 10/8/2024 | Listed for sale | $583,900$104/sqft |
Source: SNMMLS as distributed by MLS GRID #2402998 Report a problem | ||
| 9/30/2024 | Pending sale | $583,900$104/sqft |
Source: SNMMLS as distributed by MLS GRID #2402998 Report a problem | ||
| 9/28/2024 | Listed for sale | $583,900-2.7%$104/sqft |
Source: SNMMLS as distributed by MLS GRID #2402998 Report a problem | ||
| 11/15/2023 | Listing removed | -- |
Source: SNMMLS as distributed by MLS GRID #2302179 Report a problem | ||
| 9/15/2023 | Price change | $599,900-4.8%$107/sqft |
Source: SNMMLS as distributed by MLS GRID #2302179 Report a problem | ||
| 8/18/2023 | Listed for sale | $630,000$112/sqft |
Source: SNMMLS as distributed by MLS GRID #2302179 Report a problem | ||
| 11/9/2004 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,731 +2.3% | $90,158 +2.9% |
| 2024 | $2,670 +1.4% | $87,650 +3% |
| 2023 | $2,632 -1.4% | $85,098 |
| 2022 | $2,669 -0.4% | $85,098 -0.7% |
| 2021 | $2,680 -0.5% | $85,733 |
| 2020 | $2,694 -0.3% | $85,733 |
| 2019 | $2,701 +0.6% | $85,733 |
| 2018 | $2,685 | $85,733 |
| 2017 | $2,685 +6.9% | $85,733 |
| 2016 | $2,511 +0.5% | $85,733 -66.7% |
| 2015 | $2,497 -0.5% | $257,200 +2% |
| 2014 | $2,511 +3.7% | $252,100 |
| 2013 | $2,420 +0% | $252,100 |
| 2012 | $2,420 +1.5% | $252,100 |
| 2011 | $2,385 -0.8% | $252,100 -2.6% |
| 2010 | $2,405 +3.1% | $258,900 -1% |
| 2009 | $2,332 | $261,500 +0.8% |
| 2008 | $2,332 +1.5% | $259,300 +0.8% |
| 2007 | $2,299 +4.6% | $257,300 +3.4% |
| 2005 | $2,198 +128.5% | $248,900 +132.7% |
| 2004 | $962 +6.8% | $106,949 |
| 2003 | $901 -2.6% | $106,949 +6.1% |
| 2002 | $925 | $100,800 |
| 2001 | $925 +6.7% | $100,800 +6.1% |
| 2000 | $867 | $95,000 |
Find assessor info on the county website
Neighborhood: 88001
Nearby homes
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Nearby schools
GreatSchools rating
- 4/10Valley View Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Lynn Middle SchoolGrades: 6-8Distance: 1.1 mi
- 6/10Las Cruces High SchoolGrades: 9-12Distance: 0.4 mi
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$458,700
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$467,874
- New Mexico
- Dona Ana County
- Las Cruces
- 88001
- 825 Parkview Dr