228 W Mountain Ave Las Cruces, NM 88005
Alameda Depot NeighborhoodEstimated payment $2,319/month
About This Home
Great investment opportunity in the heart of Downtown Las Cruces. Gives the opportunity to live in a stand-alone 2/1 home and have rental income or rent all three. Great rental history, with 2 long term rentals and one Airbnb. This property has been partially renovated and well maintained, close to all the downtown has to offer! The 1 bedroom Airbnb has been completely renovated, the 2/1.5 has been partially renovated with a new kitchen and added w/d in unit. The back 2/1 has been partially renovated and has laundry in unit as well. No carpet and hardwood floors in two of the units.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,869
Year Built
- Built in 1935
Lot Details
- 7,841 Sq Ft Lot
- Wood Fence
- Chain Link Fence
Parking
- Paved Parking
Home Design
- Triplex
- Flat Roof Shape
- Frame Construction
- Pitched Roof
- Tar and Gravel Roof
- Stucco
- Adobe
Kitchen
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Dryer
- Washer
Community Details
- No Home Owners Association
- 3 Units
- Alameda Place Subdivision
Listing and Financial Details
- Assessor Parcel Number 4-007-135-144-056
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,869 | $61,374 | $6,667 | $54,707 |
| 2023 | $1,843 | $59,587 | $6,667 | $52,920 |
| 2022 | $1,869 | $59,587 | $6,667 | $52,920 |
| 2021 | $792 | $25,323 | $6,151 | $19,172 |
| 2020 | $773 | $24,586 | $6,126 | $18,460 |
| 2019 | $752 | $23,870 | $6,102 | $17,768 |
| 2018 | $747 | $23,870 | $6,102 | $17,768 |
| 2017 | $666 | $23,175 | $6,050 | $17,125 |
| 2016 | $655 | $22,500 | $6,000 | $16,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2025 09/09/25 | Pending | -- | -- | -- |
| 09/07/2025 09/07/25 | For Sale | $400,000 | +90.5% | $159 / Sq Ft |
| 12/24/2023 12/24/23 | Off Market | -- | -- | -- |
| 03/13/2022 03/13/22 | Off Market | -- | -- | -- |
| 02/05/2021 02/05/21 | Sold | -- | -- | -- |
| 01/17/2021 01/17/21 | Pending | -- | -- | -- |
| 01/11/2021 01/11/21 | For Sale | $210,000 | -- | $202 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Dona Ana Title Company |
Source: Southern New Mexico MLS (Las Cruces Association of REALTORS®)
MLS Number: 2502839
APN: 02-05865
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