814 N Mesquite Street, 1,2,3,4, Las Cruces, NM 88001

$230,000
Property Type: Multi-Family Square Footage: 3,182 Lot Size (sq. ft.): 9,372 Status: Active
Current Price: $230,000 List Date: 3/12/2026 Last Modified: 3/27/2026

Overview

Description

Opportunity awaits in the Original Townsite downtown area! This 4-unit multifamily property is full of potential for investors or renovators looking for their next project. The property does require repairs and updates and has been priced accordingly. Prime location near downtown shops, restaurants, and community amenities. With some vision and improvements, this could be a great income-producing property. Unit 1 is a 1 bedroom with no w/d hookups. Unit 2 is a 2 bedroom with a washer hook up. Unit 3 is a 1 bedroom with no w/d hookups. Unit 4 is a studio which requires extensive repair.

Listing Details MLS# 2600803

Location, Tax & Legal

Number
814
Direction
N
Street Name
Mesquite
St Suffix
Street
County
Dona Ana
State
NM
Zip Code
88001
Area
120 - Downtown
Subdivision
Original Townsite
Unit #
1,2,3,4
Zip +4
2287
Account Number
R0204818
Parcel Number
4-007-134-311-502
Legal
Subd: ORIGINAL TOWNSITE Lot: PR 7 Block: 83 S: 7 T: 23S R: 2E

Contract Information

Qualifying Broker Name
Guadalupe Fernandez
Qualifying Broker License #
20561
Qualifying Broker Address
P.O. Box 800 Mesilla, NM 88046
Property Sub-Type
Quadruplex
Asking Price
230000
Number of Units
4
Term Date
2026-03-12
Marketing Date
2026-03-12

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
9372
Lot Acres
0.22
Appx House SqFt
3182
Year Built
1920
Age
101 or More Years
Earnest Money Payable To
Mario Marquez, True Title
3rd Party Approval
No
Short Sale
No
REO/Bank Owned
No
Owner Financing
No
Court Approval
No
Parking Capacity
0

Heating

Other - See Remarks
some wall units

Cooling

Other - See Remarks
some window units

Appliances

Other - See Remarks
None

More Information

Unit Features

Other - See Remarks
Fixer upper

Amenities (Common)

Other - See Remarks
None

Remarks & Misc

Agent Wrote all Remarks
Yes
Advertising Remarks
Professionally marketed by Guadalupe Fernandez, (575)545-2851. Opportunity awaits in the Original Townsite downtown area! This 4-unit multifamily property is full of potential for investors or renovators looking for their next project. The property does require repairs and updates and has been priced accordingly. Prime location near downtown shops, restaurants, and community amenities. With some vision and improvements, this could be a great income-producing property. Unit 1 is a 1 bedroom with no w/d hookups. Unit 2 is a 2 bedroom with a washer hook up. Unit 3 is a 1 bedroom with no w/d hookups. Unit 4 is a studio which needs requires extensive repair

Parking Type

Street Parking
Yes

Fence

Chain Link
Yes
Rock Wall
Yes

Possession

At Funding
Yes

Will Sell

Cash
Yes
Conventional
Yes

Occupancy

Over 95% Occupancy
Yes

Construction

Adobe
Yes

Type of Tenancy

Month To Month
Yes

# of Floors

One
Yes

Condition

Poor to Fair
Yes

Roofing

Flat
Yes
Metal
Yes

Flooring/Foundation

Laminate/Wood Floors
Yes

Util/Serv Included In Rent

Water
Yes
Other - See Remarks
Tenants pay electric and gas

Water

City Water
Yes

Sewer

City Sewer
Yes

Property Features

Parking Type: Street Parking Fence: Chain Link; Rock Wall Possession: At Funding Will Sell: Cash; Conventional Occupancy: Over 95% Occupancy Type of Tenancy: Month To Month # of Floors: One Condition: Poor to Fair Construction: Adobe Roofing: Flat; Metal Water: City Water Sewer: City Sewer
Listing Office: Volare Realty Group LLC
Last Updated: March - 27 - 2026
Information deemed reliable but not guaranteed.