405 Palm Avenue, Las Cruces, NM 88001
$250,000
Property Type:
Multi-Family
Bedrooms:
2
Baths:
2
Square Footage:
960
Lot Size (sq. ft.):
6,969
Status:
Active
Current Price:
$250,000
List Date:
1/09/2026
Last Modified:
3/02/2026
Overview
Description
Incredible investment in the heart of Downtown Las Cruces with this container duplex with a modern and unique feeling that guests are clamoring for in an Airbnb or vacation rental home. Floor plans vary and there are no traditional bedrooms, but the studio style is well thought out and very well sought after with guests rebooking regularly. Live in one and rent the other for income or run a successful vacation rental business. Call for details on purchasing the adjacent property at 409 Palm
Listing Details MLS# 2501407
Location, Tax & Legal
- Number
- 405
- Street Name
- Palm
- St Suffix
- Avenue
- County
- Dona Ana
- State
- NM
- Zip Code
- 88001
- Area
- 120 - Downtown
- Subdivision
- N/A
- Zip +4
- 1798
- Account Number
- R1901272
- Parcel Number
- 4-007-134-182-217
- Legal
- Legal Summary Subd: THE LOFTS AT PALM REPLAT NO 1 (2300350) Lot: 2 S: 7 T: 23S R: 2E BRM TR 3
Contract Information
- Qualifying Broker Name
- Padma Valdevit
- Qualifying Broker License #
- 17630
- Qualifying Broker Address
- 635 E Griggs, Las Cruces NM 88001
- Property Sub-Type
- Apartment Complex
- Asking Price
- 250000
- Number of Units
- 2
- Term Date
- 2025-05-15
General Property Info
- HOA
- No
- Use of Electronic Document Transmission
- Yes
- Property in PID
- No
- Green Certified
- No
- Actual Lot Size Source
- Public Records
- Lot SqFt
- 6969
- Lot Acres
- 0.16
- Parking Capacity
- 4
- Appx House SqFt
- 960
- # Bedrooms
- 2
- Total Baths
- 2
- Year Built
- 2018
- Age
- 11 to 20 Years
- 3rd Party Approval
- No
- Short Sale
- No
- REO/Bank Owned
- No
- Owner Financing
- No
- Court Approval
- No
Fence
- Other - See Remarks
- Container homes
Occupancy
- Other - See Remarks
- Varies due to the fact that they are primarily vacation rentals
Type of Tenancy
- Other - See Remarks
- Varies due to the fact that they are primarily vacation rentals
More Information
Construction
- Other - See Remarks
- Metal containers
Heating
- Other - See Remarks
- split ductless
Cooling
- Other - See Remarks
- refrigerated split ductless
Appliances
- Other - See Remarks
- Varies, all appliances convey
Unit Features
- Other - See Remarks
- amenities vary in the different units, see description
- Drapes
- Yes
- Fenced Area
- Yes
- Patio
- Yes
- Private Bath
- Yes
- Private Outside Entry
- Yes
- Tile
- Yes
Amenities (Common)
- Other - See Remarks
- off-street parking
Remarks & Misc
- Agent Wrote all Remarks
- Yes
- Advertising Remarks
- Incredible investment in the heart of Downtown Las Cruces with this container duplex, with a modern and unique feeling that guests are clamoring for in an Airbnb or vacation rental home. Floor plans vary and there are no traditional bedrooms, but the studio style is well thought out and very well sought after with guests rebooking regularly. Live in one and rent the other for income or run a successful vacation rental business. Call for details on purchasing the adjacent property at 409 Palm
Office/Member Info
- Office Address
- we are a virtual office, mailing address is 635 E Griggs Las Cruces NM 88001
Parking Type
- Off-Site Park
- Yes
Miscellaneous
- Individual Heat & Air
- Yes
Possession
- At Funding
- Yes
Will Sell
- Cash
- Yes
- Conventional
- Yes
# of Floors
- One
- Yes
Condition
- Good to Excellent
- Yes
Flooring/Foundation
- Other - See Remarks
- painted plywood
Util/Serv Included In Rent
- Other - See Remarks
- currently all paid by owner-vacation rentals
Water
- City Water
- Yes
Sewer
- City Sewer
- Yes
Property Features
Parking Type:
Off-Site Park
Possession:
At Funding
Will Sell:
Cash; Conventional
# of Floors:
One
Condition:
Good to Excellent
Unit Features:
Drapes; Fenced Area; Patio; Private Bath; Private Outside Entry; Tile
Water:
City Water
Sewer:
City Sewer
Miscellaneous:
Individual Heat & Air
Listing Office:
Rethink Real Estate, LLC
Last Updated: March - 02 - 2026
Information deemed reliable but not guaranteed.