$633,500
PENDING

1404 Montana Ave Unit 1-6 Las Cruces, NM 88001

Estimated payment $4,103/month

Total Views 3,521
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Brick Veneer
  • Baseboard Heating

About This Home

This stunning 6-plex, nicknamed 'The Tall Pines', due to the remarkable large pine trees that encapsulates this property, is a must see. Comprised of 5, 1 bed 1 bath units, & 1, 2 bed 1 bath unit, it is designed in a horseshoe pattern which allows for a shared common area that residents love to take advantage of. Easy to find and situated off S. Solano, between Idaho & Boutz, this revitalized property is just 1 mile away from NMSU & 2 miles from downtown, offering ease of travel for anyone attending NMSU or someone wanting to take advantage of the amazing eateries and breweries located downtown. Measures of investment performance at list price of $633,500 and with average rent of $787 include GRM of 11.65, Before Reserves Cap rate of 5.50% and after tax IRR of 10.50%.

Listing Agent

Marvid Charlson

Property Mgt & Investments of NM License #20397 Listed on: 04/07/2025

Co-Listing Agent

David Clarke

NM Apartment Advisors Inc. License #13711

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 8,607 Sq Ft Lot
  • Block Wall Fence

Home Design

  • Flat Roof Shape
  • Brick Veneer
  • Frame Construction
  • Metal Roof

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 6 Units
  • Andrews Summary Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4-008-136-295-163

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1949
  • Co List Office Mls Id: LCNNMAAI
  • Co List Office Phone: (505) 440-8663
  • Co List Office Mls Id: LCNPMINM
  • Subdivision Name: Andrews Summary Subdivision
  • Directions: Head North on Solano from Missouri/Boutz, right on Montana Ave., and arrive at the property. Sits on the SE corner of Montana Ave. & Pecos St.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Range, Refrigerator

Exterior Features

  • Roof: Flat, Metal
  • Acres: 0.2
  • Construction Type: Brick Veneer, Frame, Block

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Baseboard, Electric
  • Cooling: Evaporative Cooling
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 4-008-136-295-163
  • Fencing: Block
  • Lot Dimensions: 0 to .24 AC
  • Lot Size Sq Ft: 8607

Multi Family

  • Number Of Units Total: 6

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Pending -- -- --
04/07/2025 04/07/25 For Sale $633,500 -- --
Source: Southern New Mexico MLS (Las Cruces Association of REALTORS®)

Source: Southern New Mexico MLS (Las Cruces Association of REALTORS®)

MLS Number: 2500941

Southern New Mexico MLS (Las Cruces Association of REALTORS®)

New Mexico Dona Ana County Las Cruces 88001

1404 Montana Ave Unit 1-6, Las Cruces, NM

This home is located at 1404 Montana Ave Unit 1-6, Las Cruces, NM 88001 and is currently priced at $633,500. This property was built in 1949. 1404 Montana Ave Unit 1-6 is a home located in Dona Ana County with nearby schools including Conlee Elementary School, Lynn Middle School, and Centennial High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern New Mexico MLS (Las Cruces Association of REALTORS®) The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.

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Listing Agent
Marvid Charlson
Section Image
Property Mgt & Investments of NM
(575) 250-3634