416 Palm Avenue, A B, Las Cruces, NM 88001
$375,000
Property Type:
Multi-Family
Square Footage:
1,600
Lot Size (sq. ft.):
12,632
Status:
Active
Current Price:
$375,000
List Date:
10/12/2025
Last Modified:
12/30/2025
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.
Open Houses
Sunday, January 04, 12:00 pm - 3:00 pm
More Information MLS# 2503206
Contract Information
Qualifying Broker Name: Cassandra D Morrison
Qualifying Broker License #: 18848
Qualifying Broker Address: 1425 E Lohman
Property Sub-Type: Other
Number of Units: 2
Marketing Date: 2025-10-12
Asking Price: 375000
Current Price: $375,000
Status: Active
Term Date: 2025-10-12
Location, Tax & Legal
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
Number: 416
Street Name: Palm
St Suffix: Avenue
County: Dona Ana
State: NM
Zip Code: 88001
Area: 120 - Downtown
Subdivision: N/A
General Property Info
HOA: No
Lot SqFt: 12632
Actual Lot Size Source: Public Records
Lot Acres: 0.29
Property in PID: No
Green Certified: No
Lot Size: .51 to .75 AC
Owner Financing: No
Parking Capacity: 2
Age: 3 to 5 Years
3rd Party Approval: No
Short Sale: No
REO/Bank Owned: No
Court Approval: No
Appx House SqFt: 1600
Year Built: 2021
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: 1
Fence
Other - See Remarks: Metal
Miscellaneous
Individual Heat & Air: 1
Possession
At Funding: 1
Closing: 1
Will Sell
Cash: 1
Conventional: 1
Construction
Other - See Remarks: Container Home
Cooling
Other - See Remarks: mini split
Type of Tenancy
Negotiable: 1
Condition
Good to Excellent: 1
Heating
Other - See Remarks: mini split
Flooring/Foundation
Slab: 1
Appliances
Clothes Dryer: 1
Clothes Washer: 1
Oven/Range: 1
Refrigerator: 1
Util/Serv Included In Rent
Other - See Remarks: Airbnb
Unit Features
Furniture: 1
Patio: 1
Private Bath: 1
Water
City Water: 1
Amenities (Common)
Outside Storage: 1
Sewer
City Sewer: 1
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
Listing Office:
Real Broker LLC - Enchanted Sun
Last Updated: December - 30 - 2025
Information deemed reliable but not guaranteed.
416 Tax Estimate ›