807 Chaparro Street, Las Cruces, NM 88001
$549,990
Property Type:
Multi-Family
Bedrooms:
2
Square Footage:
2,782
Lot Size (sq. ft.):
16,250
Status:
Active
Current Price:
$549,990
List Date:
2/04/2026
Last Modified:
2/06/2026
Description
Well-located five-unit multi-family complex consisting of one single-family residence and four apartment units, centrally positioned in Las Cruces, New Mexico. The property benefits from proximity to major local demand drivers and presents a solid opportunity for investors seeking a renovated asset with additional upside potential.
The property has undergone extensive recent improvements, including fresh interior and exterior paint, new mini-split HVAC systems in all four apartment units, and new flooring, countertops, fixtures, and windows. A recent complete landscape overhaul further enhances curb appeal and supports long-term tenant retention.
The property is centrally located just a short distance from New Mexico State University (NMSU), the Las Cruces Farmers Market, and a variety of shopping, dining, and everyday conveniences. This great location supports consistent rental demand.
More Information MLS# 2600351
Contract Information
Qualifying Broker Name: Kyle Deacon & Marvid Charlson
Qualifying Broker License #: 15579 / 20397
Qualifying Broker Address: 4308 Carlisle Blvd NE, Suite 102
Albuquerque, NM 87107 / 205 W Boutz Bldg 6B Las Cruces NM 88005
Property Sub-Type: Apartment Complex
Number of Units: 5
Marketing Date: 2026-02-04
Asking Price: 549990
Current Price: $549,990
Status: Active
Term Date: 2026-01-29
Location, Tax & Legal
Zip +4: 3256
Account Number: R0210255
Major Area: All Areas
Parcel Number: 4-008-135-129-413
Legal: Subd: GRAND VIEW SUBDIVISION (BK 3 PG 45) Lot: 19 Block: 47
Subd: GRAND VIEW SUBDIVISION (BK 3 PG 45) Lot: 20 Block: 47
Subd: GRAND VIEW SUBDIVISION (BK 3 PG 45) Lot: 21 Block: 47
......See Assessor for Full Legal Description
Number: 807
Street Name: Chaparro
St Suffix: Street
County: Dona Ana
State: NM
Zip Code: 88001
Area: 328 - Valley View
Subdivision: Grand View Subdivision
General Property Info
HOA: No
Lot SqFt: 16250
Actual Lot Size Source: Public Records
Lot Acres: 0.37
Property in PID: No
Use of Electronic Document Transmission: Yes
Green Certified: No
Lot Size: .25 to .50 AC
Owner Financing: No
Parking Capacity: 5
Age: 71 to 80 Years
3rd Party Approval: No
Short Sale: No
REO/Bank Owned: No
Court Approval: No
Appx House SqFt: 2782
# Bedrooms: 2
Year Built: 1948
Remarks & Misc
Agent Wrote all Remarks: Yes
Advertising Remarks: Well-located five-unit multi-family complex consisting of one single-family residence and four apartment units, centrally positioned in Las Cruces, New Mexico. The property benefits from proximity to major local demand drivers and presents a solid opportunity for investors seeking a renovated asset with additional upside potential.
The property has undergone extensive recent improvements, including fresh interior and exterior paint, new mini-split HVAC systems in all four apartment units, and new flooring, countertops, fixtures, and windows. A recent complete landscape overhaul further enhances curb appeal and supports long-term tenant retention.
The property is centrally located just a short distance from New Mexico State University (NMSU), the Las Cruces Farmers Market, and a variety of shopping, dining, and everyday conveniences. This great location supports consistent rental demand.
Office/Member Info
Office Address: 205 W. Boutz Rd. Bldg. 6 Ste. B Las Cruces, NM 88005
Parking Type
Garage: 1
Off-Site Park: 1
Street Parking: 1
Fence
Block: 1
Chain Link: 1
Miscellaneous
Individual Heat & Air: 1
Individual Water Heater: 1
Meters Separate: 1
Possession
At Funding: 1
Will Sell
Cash: 1
Conventional: 1
Occupancy
90 - 95% Occupancy: 1
Construction
Block: 1
Frame: 1
Slump Block: 1
Cooling
Evaporative Central: 1
Refrigerated Central: 1
Type of Tenancy
12 Months: 1
Month To Month: 1
# of Floors
One: 1
Condition
Good to Excellent: 1
Heating
Electric: 1
Forced Air: 1
Gas: 1
Roofing
Flat: 1
Metal: 1
Other - See Remarks: TPO & Metal
Flooring/Foundation
Ceramic Tile: 1
Slab: 1
Wood: 1
Appliances
Oven/Range: 1
Refrigerator: 1
Util/Serv Included In Rent
Sewer: 1
Trash Collection: 1
Water: 1
Other - See Remarks: Some RUBS already in place
Unit Features
Private Bath: 1
Tile: 1
Vinyl: 1
Water
City Water: 1
Amenities (Common)
Other - See Remarks: Parking at Front Door of Each Unit
Sewer
City Sewer: 1
Safety Features
Security Lighting: 1
Property Features
Parking Type: Garage; Off-Site Park; Street Parking
Fence: Block; Chain Link
Possession: At Funding
Will Sell: Cash; Conventional
Occupancy: 90 - 95% Occupancy
Type of Tenancy: 12 Months; Month To Month
# of Floors: One
Condition: Good to Excellent
Construction: Block; Frame; Slump Block
Roofing: Flat; Metal
Heating: Electric; Forced Air; Gas
Cooling: Evaporative Central; Refrigerated Central
Appliances: Oven/Range; Refrigerator
Unit Features: Private Bath; Tile; Vinyl
Water: City Water
Sewer: City Sewer
Miscellaneous: Individual Heat & Air; Individual Water Heater; Meters Separate
Safety Features: Security Lighting
Listing Office:
Property Mgt & Investments of NM
Last Updated: February - 06 - 2026
Information deemed reliable but not guaranteed.
Offering Memorandum/Flyer ›