809 W Van Patten AVE, Las Cruces, NM 88005
809 W Van Patten AVE, Las Cruces, NM 88005
809 W Van Patten AVE, Las Cruces, NM 88005
809 W Van Patten AVE, Las Cruces, NM 88005
809 W Van Patten AVE, Las Cruces, NM 88005
809 W Van Patten AVE, Las Cruces, NM 88005
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Carl Krause

Carl Krause

+1(575) 495-2244
$ 315,000
Est. payment | /mo

5 Beds

8 Baths

5,101 SqFt

Save
$ 315,000
Est. payment | /mo
Save

5 Beds

8 Baths

5,101 SqFt

Key Details

Property Type Condo

Sub Type Apartment Complex

Listing Status Pending

Purchase Type For Sale

Square Footage 5,101 sqft

Price per Sqft $61

Subdivision Palmers Subdivision

MLS Listing ID 2601841

Bedrooms 5

Lot Size 0.570 Acres

Acres 0.57

Lot Dimensions .25 to .50 AC

Property Sub-Type Apartment Complex

Source lascruces

Property 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.

Location

State NM

County Dona Ana

Interior

Heating Wall Furnace

Cooling Evaporative Cooling

Fireplace N

Appliance Range, Refrigerator

Exterior

Parking Features Paved Area

Fence Block

Roof Type Flat,Minimum Pitch,Pitched

Building

Foundation Dirt, Slab

Sewer Public Sewer

Water Public

Structure Type Adobe,Stucco,Block

Others

Acceptable Financing Conventional

Listing Terms Conventional

©2026 The Las Cruces Association of REALTORS®, Inc. All rights reserved.
Listed by BHGRE Steinborn & Associates

LasCrucesHomeTeam.com

Carl Krause
Carl Krause
Broker Associate License ID: REC-2023-0607

+1(575) 495-2244

Sonoma Ranch Blvd, Las Cruces, NM 88011, USA

https://lascruceshometeam.com

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Carl Krause
Carl Krause

Broker Associate License ID: REC-2023-0607

+1(575) 495-2244

Sonoma Ranch Blvd, Las Cruces, NM 88011, USA

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REVIEWS

  • Carl & Ronnie sold our Las Cruces home in September. Competing with "new builds" and their builder incentives, Carl and Ronnie made our house stand out. When we were anxious, they offered market research and patience. Ultimately, we got a price that exceeded similar existing and new home builds in the area. Their focus on quality and extras the others didn't have made the difference.

    Chuck Doran

  • Ronnie & Carl our team of Realtors. Help us find our forever, home Walked us through the process of everything. And made a seamless transaction. If you’re looking for a realtor, we highly recommend Ronnie and Carl. They will work effortlessly to help you find your home. Jerry & Debbie

    Debbie Wilbanks

  • We recently purchased a condo in Santa Fe. Although our broker was from Santa Fe, we were fortunate to be able to utilize Carl Krause’s extensive knowledge of real estate transactions to help us navigate the purchase. It gave us peace of mind knowing we had a trusted ally from our home town to advise us on the process. Thank you Carl!

    Carol Placchi

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809 W Van Patten AVE