1201 E Griggs Avenue, Las Cruces, NM 88001
$432,000
Property Type:
Multi-Family
Bedrooms:
8
Baths:
4
Square Footage:
3,600
Lot Size (sq. ft.):
14,375
Status:
Active
Current Price:
$432,000
List Date:
10/24/2025
Last Modified:
12/06/2025
Description
CALLING ALL INVESTORS! Don't miss this fantastic opportunity to own a well-maintained income-producing fourplex with strong rental history and long-term potential! All four units have new exterior stucco paint and REFRIGERATED AIR, and each have their own back yard. Three out of the four units have been recently updated with beautiful tile floors, granite countertops, modern undermount kitchen sinks, and new windows! Newly landscaped in front, creating great curb appeal! Each unit also has two parking spaces conveniently located right in front of each unit, plus additional guest parking. This versatile property is perfect for a seasoned investor, multi-generational setup, or an owner-occupant looking to live in one unit while collecting rental income from the others. With its excellent rental appeal and reliable cash flow, this fourplex is a must-have addition to your portfolio.
More Information MLS# 2503336
Contract Information
Qualifying Broker Name: Amy Hummer
Qualifying Broker License #: 19741
Qualifying Broker Address: 141 Roadrunner Pkwy
Property Sub-Type: Quadruplex
Number of Units: 4
Marketing Date: 2025-10-23
Start Showing Date: 2025-10-25
Asking Price: 432000
Current Price: $432,000
Status: Active
Term Date: 2025-10-23
Location, Tax & Legal
Account Number: R0209938
Parcel Number: 4008135024123
Add Account Number: R0209938
Add Parcel Number: 4-008-135-024-123
Legal: DEAN SUBDIVISION (BK 6 PG 75 - 4810953) 358 Lot: 22-26 Block: 127
Number: 1201
Direction: E
Street Name: Griggs
St Suffix: Avenue
County: Dona Ana
State: NM
Zip Code: 88001
Area: 120 - Downtown
Subdivision: Dean Subdivision
General Property Info
HOA: No
Lot SqFt: 14375
Actual Lot Size Source: Public Records
Lot Acres: 0.33
Property in PID: No
Use of Electronic Document Transmission: Yes
Green Certified: No
Lot Size: .25 to .50 AC
Owner Financing: No
Parking Capacity: 8
Age: 31 to 40 Years
3rd Party Approval: No
Short Sale: No
REO/Bank Owned: No
Court Approval: No
Gross Income Month: 3525
Appx House SqFt: 3600
# Bedrooms: 8
Total Baths: 4
Year Built: 1985
Remarks & Misc
Agent Wrote all Remarks: Yes
Advertising Remarks: CALLING ALL INVESTORS! Don't miss this fantastic opportunity to own a well-maintained income-producing fourplex with strong rental history and long-term potential! All four units have new exterior stucco paint and REFRIGERATED AIR! Three out of the four units have been recently updated with beautiful tile floors, granite countertops, modern undermount kitchen sinks, and new windows! Newly landscaped in front, creating great curb appeal! Each unit also has two parking spaces conveniently located right in front of each unit, plus additional guest parking. This versatile property is perfect for a seasoned investor, multi-generational setup, or an owner-occupant looking to live in one unit while collecting rental income from the others. With its excellent rental appeal and reliable cash flow, this fourplex is a must-have addition to your portfolio.
Parking Type
Paved Area: 1
Street Parking: 1
Fence
Chain Link: 1
Rock Wall: 1
Miscellaneous
Individual Heat & Air: 1
Individual Water Heater: 1
Meters Master: 1
Meters Separate: 1
Possession
At Funding: 1
Will Sell
Cash: 1
Conventional: 1
Occupancy
Over 95% Occupancy: 1
Construction
Other - See Remarks: See Remarks
Cooling
Refrigerated Central: 1
Type of Tenancy
Negotiable: 1
# of Floors
One: 1
Condition
Good to Excellent: 1
Heating
Forced Air: 1
Gas: 1
Flooring/Foundation
Ceramic Tile: 1
Appliances
Oven/Range: 1
Refrigerator: 1
Other - See Remarks: convey but not warranted
Util/Serv Included In Rent
Sewer: 1
Trash Collection: 1
Water: 1
Unit Features
Fenced Area: 1
Private Bath: 1
Private Outside Entry: 1
Tile: 1
Washer/Dryer Hook-Ups: 1
Water
City Water: 1
Amenities (Common)
Other - See Remarks: See Remarks
Sewer
City Sewer: 1
Property Features
Parking Type: Paved Area; Street Parking
Fence: Chain Link; Rock Wall
Possession: At Funding
Will Sell: Cash; Conventional
Occupancy: Over 95% Occupancy
Type of Tenancy: Negotiable
# of Floors: One
Condition: Good to Excellent
Heating: Forced Air; Gas
Cooling: Refrigerated Central
Appliances: Oven/Range; Refrigerator
Unit Features: Fenced Area; Private Bath; Private Outside Entry; Tile; Washer/Dryer Hook-Ups
Water: City Water
Sewer: City Sewer
Miscellaneous: Individual Heat & Air; Individual Water Heater; Meters Master; Meters Separate
Documents
Listing Office:
BHGRE Steinborn & Associates
Last Updated: December - 06 - 2025
Information deemed reliable but not guaranteed.
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