809 W Van Patten Avenue, Las Cruces, NM 88005

$315,000
Property Type: Multi-Family Bedrooms: 5 Baths: 8 Square Footage: 5,101 Lot Size (sq. ft.): 24,829 Status: Pending
Current Price: $315,000 List Date: 6/09/2026 Last Modified: 6/26/2026

Overview

Description

Eight-unit multifamily investment opportunity with a diverse unit mix and value-add potential. The property consists of six apartment units located at the rear of the site, including five currently leased units and one recently renovated unit that is available for rent. At the front of the property, a detached single-family home and studio provide additional income-producing flexibility. The rear apartment units each offer approximately 600 square feet of living space with 2 bd/ 1 bath corner units and 1 bd/ 1 bath interior units. Ample on-site parking is available for tenants, and the property includes additional outdoor space that could be enhanced to improve tenant enjoyment and overall appeal. With existing rental income, a renovated vacant unit, and opportunities for further improvements, this property presents an attractive option for investors seeking a project with upside potential and multiple revenue streams.

Listing Details MLS# 2601841

Location, Tax & Legal

Number
809
Direction
W
Street Name
Van Patten
St Suffix
Avenue
County
Dona Ana
State
NM
Zip Code
88005
Area
119 - Alameda
Subdivision
Palmers Subdivision
Zip +4
2223
Account Number
R0202404
Major Area
All Areas
Parcel Number
4-006-135-391-086
Legal
Lot: 1-6 Block 24

Contract Information

Qualifying Broker Name
Amy Hummer - BHGRE Steinborn & Associates Johnn Hummer - TCN/Steinborn Real Estate
Qualifying Broker License #
Amy Hummer - 19741 John Hummer - 17785
Qualifying Broker Address
14 N Roadrunner Pkwy Suite 141 Las Cruces, NM 88011
Property Sub-Type
Apartment Complex
Asking Price
315000
Number of Units
8
Term Date
2026-06-08
Marketing Date
2026-06-08

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
24829
Lot Acres
0.57
Parking Capacity
10
#1 Br SqFt
5
#2 Br SqFt
3
Appx House SqFt
5101
# Bedrooms
5
Total Baths
8
Age
81 to 90 Years
3rd Party Approval
No
Short Sale
No
REO/Bank Owned
No
Owner Financing
Yes
Court Approval
No

Status Change Info

Under Contract Date
2026-06-24

Amenities (Common)

Other - See Remarks
None

Remarks & Misc

Agent Wrote all Remarks
Yes
Advertising Remarks
Eight-unit multifamily investment opportunity with a diverse unit mix and value-add potential. The property consists of six apartment units located at the rear of the site, including five currently leased units and one recently renovated unit that is available for rent. At the front of the property, a detached single-family home and studio provide additional income-producing flexibility. The rear apartment units each offer approximately 600 square feet of living space with 2 bd/ 1 bath corner units and 1 bd/ 1 bath interior units. Ample on-site parking is available for tenants, and the property includes additional outdoor space that could be enhanced to improve tenant enjoyment and overall appeal. With existing rental income, a renovated vacant unit, and opportunities for further improvements, this property presents an attractive option for investors seeking a project with upside potential and multiple revenue streams.

More Information

Parking Type

Paved Area
Yes

Fence

Block
Yes

Miscellaneous

Individual Water Heater
Yes
Meters Separate
Yes

Possession

At Funding
Yes

Will Sell

Conventional
Yes

Construction

Adobe
Yes
Block
Yes
Stucco
Yes

Cooling

Evaporative Central
Yes

Type of Tenancy

12 Months
Yes

# of Floors

One
Yes

Condition

Poor to Fair
Yes

Heating

Panel
Yes

Roofing

Flat
Yes
Minimum Pitch
Yes
Pitched
Yes

Flooring/Foundation

Dirt
Yes
Slab
Yes

Appliances

Oven/Range
Yes
Refrigerator
Yes

Util/Serv Included In Rent

Sewer
Yes
Trash Collection
Yes
Water
Yes

Unit Features

Carpets
Yes
Patio
Yes

Water

City Water
Yes

Sewer

City Sewer
Yes

Safety Features

Fire Alarm
Yes

Property Features

Parking Type: Paved Area Fence: Block Possession: At Funding Will Sell: Conventional Type of Tenancy: 12 Months # of Floors: One Condition: Poor to Fair Construction: Adobe; Block; Stucco Roofing: Flat; Minimum Pitch; Pitched Heating: Panel Cooling: Evaporative Central Appliances: Oven/Range; Refrigerator Unit Features: Carpets; Patio Water: City Water Sewer: City Sewer Miscellaneous: Individual Water Heater; Meters Separate Safety Features: Fire Alarm
Listing Office: BHGRE Steinborn & Associates
Last Updated: June - 26 - 2026
Information deemed reliable but not guaranteed.