809 Van Patten Ave Las Cruces, NM 88005
Estimated payment $1,950/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1940
Lot Details
- 24,763 Sq Ft Lot
- Block Wall Fence
Parking
- Paved Parking
Home Design
- Flat Roof Shape
- Pitched Roof
- Stucco
- Adobe
Bedrooms and Bathrooms
- 11 Bedrooms
- 8 Bathrooms
Community Details
- No Home Owners Association
- 8 Units
- Palmers Subdivision
Listing and Financial Details
- Assessor Parcel Number 4-006-135-391-086
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $2,930 | $96,750 | $8,333 | $88,417 |
| 2023 | $2,820 | $91,196 | $8,333 | $82,863 |
| 2022 | $2,777 | $88,540 | $8,333 | $80,207 |
| 2021 | $2,687 | $85,962 | $8,333 | $77,629 |
| 2020 | $2,688 | $85,544 | $8,333 | $77,211 |
| 2019 | $2,617 | $83,053 | $8,333 | $74,720 |
| 2018 | $2,525 | $80,634 | $8,333 | $72,301 |
| 2017 | $2,171 | $75,533 | $8,333 | $67,200 |
| 2016 | $2,136 | $73,334 | $8,467 | $64,867 |
| 2015 | $2,147 | $219,951 | $25,375 | $194,576 |
| 2014 | $2,114 | $216,700 | $25,000 | $191,700 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/08/2026 06/08/26 | For Sale | $315,000 | -- | $62 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | Dona Ana Title Company | |
| Warranty Deed | -- | Southwestern Abstract & Titl |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $250,000 | Commercial | |
| Previous Owner | $128,000 | Commercial |
Source: Southern New Mexico MLS (Las Cruces Association of REALTORS®)
MLS Number: 2601841
APN: 02-02404
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Listings courtesy of Southern New Mexico MLS (Las Cruces Association of REALTORS®) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.