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416 Palm Avenue Las Cruces, NM 88001

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For Sale
$299,000

MULTI_FAMILY - Las Cruces, NM

Lot size:
0.29 Acres
Added:
Apr 17, 2026
Days on Market:
1
Last Refresh:
Apr 17 at 3:06 pm

Property Features for 416 Palm Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1
Parking features
On Street
Appliances
Dryer, Refrigerator, Dishwasher, Washer
Standard status
Active
APN
4-007-134-196-249
Lot size
0.29 Acres

Taxes and HOA fees

Tax Description
Lot 2, The Lofts at Palms Replat No. 2

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
2021
Number of units
2
Building materials
Steel Siding

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Listing Contact
Irma Chavez-May
Irma Chavez-May

Listing agent Irma Chavez-May License #42179

Listing office EXIT Realty Horizons 3519 Foothills Rd., Las Cruces, NM

Listing date Apr 17, 2026

MLS# 2601223 Listing URL

Copyright © 2026 Las Cruces Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Las Cruces Multifamily Investment Opportunity

This investment opportunity features two container units on a 0.29-acre lot. Constructed in 2021, both units are in excellent condition and feature quality construction. The larger, two-story unit includes two bedrooms plus a small upstairs office that can serve as a third bedroom, along with a half bathroom on the second floor and vinyl flooring throughout. It also features an open-concept layout. The second unit includes one bedroom and its own open floor plan. Both homes feature private patios and storage buildings. Everything on the property is included, making this a turnkey investment. Currently operating as successful short-term rentals, the property can continue generating income immediately, or the owner can live in one unit and rent out the other. Situated at the end of a cul-de-sac with a gated entrance, the property offers west-facing sunset views and additional land for expansion or RV parking.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Las Cruces
County
Dona Ana
State
New Mexico
Longitude
-106.779456
Latitude
32.323521

FAQs

What type of property is this?
Short term rental property - Two container units on .29-acre lot, excellent condition, turnkey investment.
Where is this short term rental property located?
The property is located at 416 Palm Avenue Las Cruces, NM.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two container units on a .29‑acre lot, perfect for immediate income generation as successful short‑term rentals or owner occupancy with rental potential.; Turnkey investment: both units are fully furnished and equipped, with all items included in the sale.; Two‑story unit features two bedrooms plus a versatile office/third bedroom and a half bathroom.
More about this property
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