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
Listing Office: Real Broker LLC - Enchanted Sun
Last Updated: December - 30 - 2025
Information deemed reliable but not guaranteed.