$395,000
PENDING

Estimated payment $2,413/month

Total Views 10,593
8 Beds
8 Baths
3,200 Sq Ft
$123 Price per Sq Ft

Highlights

  • 8,538 Acre Lot
  • Forced Air Heating System
  • Evaporated cooling system
  • No HOA

About This Home

Investment opportunity under 400k. 4 Units that currently rent for 675. One unit is currently vacant for easy access to potential buyer. This property is conveniently located near NMSU and downtown Las Cruces.

Listing Agent

Carson Pierce

License #18932

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,418

Year Built

  • Built in 1984

Home Design

  • Quadruplex
  • Frame Construction
  • Pitched Roof
  • Composition Roof
  • Built-Up Roof
  • Asphalt Roof
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • Paved Parking
  • On-Street Parking

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Oven or Range
  • 8,538 Acre Lot

Community Details

  • No Home Owners Association
  • 4 Units
  • Rose Village Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4007137443036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,418

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Year Built: 1984
  • Co List Office Mls Id: LCNCIRE
  • Subdivision Name: Rose Village Subd
  • Directions: South on Main st. , East on Farney , south on Bex. Property will be on the right.
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Total Bedrooms: 8

Exterior Features

  • Roof: Asphalt, Built-Up, Minimum Pitch, Composition
  • Acres: 8538
  • Construction Type: Frame, Stucco

Garage/Parking

  • Parking Features: Paved Area, Street Parking

Utilities

  • Heating: Gas, Forced Air
  • Cooling: Evaporative Central
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 4007137443036
  • Lot Dimensions: 0 to .24 AC
  • Lot Size Sq Ft: 371915280

Multi Family

  • Number Of Units Total: 4

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,418 $79,393 $10,000 $69,393
2023 $2,384 $77,081 $10,000 $67,081
2022 $2,418 $77,081 $10,000 $67,081
2021 $2,409 $77,081 $10,000 $67,081
2020 $2,422 $77,081 $10,000 $67,081
2019 $2,429 $77,081 $10,000 $67,081
2018 $2,403 $76,738 $10,000 $66,738
2017 $2,141 $74,503 $10,000 $64,503
2016 $2,107 $72,334 $10,167 $62,167
2015 $1,059 $216,906 $30,450 $186,456
2014 $1,042 $213,700 $30,000 $183,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Pending -- -- --
02/12/2025 02/12/25 For Sale $395,000 -- $123 / Sq Ft
Source: Southern New Mexico MLS (Las Cruces Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- Southwestern Abstract & Titl
Warranty Deed -- Southwestern Abstract & Titl
Interfamily Deed Transfer -- --
Warranty Deed -- Dona Ana Title Company Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $165,000 Purchase Money Mortgage
Previous Owner $180,000 Purchase Money Mortgage
Previous Owner $90,000 Balloon
Source: Public Records

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

MLS Number: 2500368

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

APN: 02-07747