416 Palm Avenue, A B, Las Cruces, NM 88001
$365,000
Property Type:
Multi-Family
Square Footage:
1,600
Lot Size (sq. ft.):
12,632
Status:
Active
Current Price:
$365,000
List Date:
10/12/2025
Last Modified:
3/27/2026
Overview
Description
Discover a truly distinctive income property near downtown. Two modern container homes tucked away on a peaceful cul-de-sac close to dining and shopping. The main two-story home features an open-concept layout with flexible living areas, a full kitchen, and a bathroom with a walk-in shower on the main level. Upstairs, a loft-style sleeping area and half bath provide added comfort while maintaining the home's airy, contemporary feel. The second residence is a charming studio-style unit with its own full kitchen and bathroom, ideal for guests, long-term, or short-term rental use. Each home includes a storage shed, and both are currently operating as Airbnbs offering an immediate income stream for investors or a live-in-one, rent-the-other opportunity for owner-occupants. Perfect blend of function, flexibility and charm. A spacious .51-acre lot, offering room to expand or develop additional container homes or multi-family units is also available.
Listing Details MLS# 2503206
Location, Tax & Legal
- Number
- 416
- Street Name
- Palm
- St Suffix
- Avenue
- County
- Dona Ana
- State
- NM
- Zip Code
- 88001
- Area
- 120 - Downtown
- Subdivision
- N/A
- Address 2
- 404
- Unit #
- A B
- Zip +4
- 1866
- Account Number
- 1909033
- Parcel Number
- 4-007-134-196-249
- Add Account Number
- R1909034
- Add Parcel Number
- 4-007-134-196-249
- Legal
- Subd: THE LOFTS AT PALMS REPLAT NO 2 (2300351) Lot: 2 S: 7 T: 23S R: 2E
Contract Information
- Qualifying Broker Name
- Cassandra D Morrison
- Qualifying Broker License #
- 18848
- Qualifying Broker Address
- 1425 E Lohman
- Property Sub-Type
- Other
- Asking Price
- 365000
- Number of Units
- 2
- Term Date
- 2025-10-12
- Marketing Date
- 2025-10-12
General Property Info
- HOA
- No
- Property in PID
- No
- Green Certified
- No
- Actual Lot Size Source
- Public Records
- Lot SqFt
- 12632
- Lot Acres
- 0.29
- Parking Capacity
- 2
- Appx House SqFt
- 1600
- Year Built
- 2021
- Age
- 3 to 5 Years
- 3rd Party Approval
- No
- Short Sale
- No
- REO/Bank Owned
- No
- Owner Financing
- No
- Court Approval
- No
Fence
- Other - See Remarks
- Metal
Construction
- Other - See Remarks
- Container Home
Heating
- Other - See Remarks
- mini split
More Information
Cooling
- Other - See Remarks
- mini split
Remarks & Misc
- Agent Wrote all Remarks
- Yes
- Advertising Remarks
- Discover a truly distinctive income property near downtown. Two modern container homes tucked away on a peaceful cul-de-sac close to dining and shopping. This listing also includes a spacious .51-acre lot, offering room to expand or develop additional container homes or multi-family units. The main two-story home features an open-concept layout with flexible living areas, a full kitchen, and a bathroom with a walk-in shower on the main level. Upstairs, a loft-style sleeping area and half bath provide added comfort while maintaining the home's airy, contemporary feel. The second residence is a charming studio-style unit with its own full kitchen and bathroom, ideal for guests, long-term, or short-term rental use. Each home includes a storage shed, and both are currently operating as Airbnbs offering an immediate income stream for investors or a live-in-one, rent-the-other opportunity for owner-occupants. Perfect blend of function, flexibility and charm.
Parking Type
- None
- Yes
Miscellaneous
- Individual Heat & Air
- Yes
Possession
- At Funding
- Yes
- Closing
- Yes
Will Sell
- Cash
- Yes
- Conventional
- Yes
Type of Tenancy
- Negotiable
- Yes
Condition
- Good to Excellent
- Yes
Flooring/Foundation
- Slab
- Yes
Appliances
- Clothes Dryer
- Yes
- Clothes Washer
- Yes
- Oven/Range
- Yes
- Refrigerator
- Yes
Util/Serv Included In Rent
- Other - See Remarks
- Airbnb
Unit Features
- Furniture
- Yes
- Patio
- Yes
- Private Bath
- Yes
Water
- City Water
- Yes
Amenities (Common)
- Outside Storage
- Yes
Sewer
- City Sewer
- Yes
Property Features
Parking Type:
None
Possession:
At Funding; Closing
Will Sell:
Cash; Conventional
Type of Tenancy:
Negotiable
Condition:
Good to Excellent
Appliances:
Clothes Dryer; Clothes Washer; Oven/Range; Refrigerator
Unit Features:
Furniture; Patio; Private Bath
Amenities (Common):
Outside Storage
Water:
City Water
Sewer:
City Sewer
Miscellaneous:
Individual Heat & Air
Documents
416 Tax Estimate ›
Listing Office:
Real Broker LLC
Last Updated: March - 27 - 2026
Information deemed reliable but not guaranteed.