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.