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

Overview

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.

Listing Details MLS# 2600351

Location, Tax & Legal

Number
807
Street Name
Chaparro
St Suffix
Street
County
Dona Ana
State
NM
Zip Code
88001
Area
328 - Valley View
Subdivision
Grand View Subdivision
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

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
Asking Price
549990
Number of Units
5
Term Date
2026-01-29
Marketing Date
2026-02-04

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
16250
Lot Acres
0.37
Parking Capacity
5
Appx House SqFt
2782
# Bedrooms
2
Year Built
1948
Age
71 to 80 Years
3rd Party Approval
No
Short Sale
No
REO/Bank Owned
No
Owner Financing
No
Court Approval
No

Roofing

Other - See Remarks
TPO & Metal
Flat
Yes
Metal
Yes

Amenities (Common)

Other - See Remarks
Parking at Front Door of Each Unit

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.

More Information

Office/Member Info

Office Address
205 W. Boutz Rd. Bldg. 6 Ste. B Las Cruces, NM 88005

Parking Type

Garage
Yes
Off-Site Park
Yes
Street Parking
Yes

Fence

Block
Yes
Chain Link
Yes

Miscellaneous

Individual Heat & Air
Yes
Individual Water Heater
Yes
Meters Separate
Yes

Possession

At Funding
Yes

Will Sell

Cash
Yes
Conventional
Yes

Occupancy

90 - 95% Occupancy
Yes

Construction

Block
Yes
Frame
Yes
Slump Block
Yes

Cooling

Evaporative Central
Yes
Refrigerated Central
Yes

Type of Tenancy

12 Months
Yes
Month To Month
Yes

# of Floors

One
Yes

Condition

Good to Excellent
Yes

Heating

Electric
Yes
Forced Air
Yes
Gas
Yes

Flooring/Foundation

Ceramic Tile
Yes
Slab
Yes
Wood
Yes

Appliances

Oven/Range
Yes
Refrigerator
Yes

Util/Serv Included In Rent

Sewer
Yes
Trash Collection
Yes
Water
Yes
Other - See Remarks
Some RUBS already in place

Unit Features

Private Bath
Yes
Tile
Yes
Vinyl
Yes

Water

City Water
Yes

Sewer

City Sewer
Yes

Safety Features

Security Lighting
Yes

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

Documents

Listing Office: Property Mgt & Investments of NM
Last Updated: February - 06 - 2026
Information deemed reliable but not guaranteed.
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