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8-Unit Multifamily Property
For Sale
$315,000
Pending

809 W Van Patten Avenue, Las Cruces, NM 88005

Residential Income, Las Cruces, NM

Property SizeContact for details
Lot Size0.57 Acres
Days on Market84

Property Features for 809 W Van Patten Avenue

General Information

Property type Residential Multi Family
Property subtype Apartment
Bedrooms 5
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 2, Bathroom 3, Bathroom 1, Bathroom 6, Bedroom 5, Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 5, Bathroom 7, Bathroom 4, Bathroom 8, Bedroom 4
Appliances Range, Refrigerator
Subdivision Palmers Subdivision
Directions North on Valley, right on Picacho, right on 2nd, left on Van Patten.
Standard status Pending
APN 4-006-135-391-086
Lot size 0.57 Acres

Taxes and HOA fees

Tax Description Lot: 1-6 Block 24
Legal Description Lot: 1-6 Block 24

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Cooling system Evaporative Cooling
Water source Public

Building Details

Number of units 8
Building materials Adobe, Stucco, Block
Roof type Flat
Listing Agency: BHGRE Steinborn & Associates · Better Homes and Gardens Real Estate
Listed By: Lauren C Lay
Added: Jun 8 Changed: Aug 24 Last Checked: Aug 30 at 7:06AM
MLS# 2601841

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.

Investment Insights

Based on property information with market context.

This 8-unit multifamily property includes six rear apartments, a detached single-family home, and a studio. Five of the rear apartments are leased, while one recently renovated unit is available for rent. The apartment units measure approximately 600 square feet each and include a mix of 2-bedroom, 1-bath corner units and 1-bedroom, 1-bath interior units.

The 0.57-acre site provides on-site tenant parking and additional outdoor space. Improvements feature adobe, stucco, and block construction, flat roofs, wall-furnace heating, and evaporative cooling. Range and refrigerator appliances are included, with public water and public sewer serving the property. Located at 809 W Van Patten Avenue in Las Cruces, the property offers a varied residential configuration within a single site.

Key Highlights

  • 8‑unit multifamily property on a 0.57‑acre site
  • Six rear apartments, plus a detached single‑family home and studio
  • Five rear apartments are leased; one recently renovated unit is available for rent

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Grocery & Convenience Store Catering Service Tech Support Center Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

1,276
Businesses Nearby

Demographics for 88005, NM

26,997
Population
12,039
Households
2.2
Avg Household Size
41
Median Age
31%
College-Educated
85%
High-School Grad
150.9 sq mi
ZIP Area
179
Density / Sq Mi
$51,770
Median Household Income
$28,908
Median Earnings
$899
Median Rent
$207,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six rear apartments include a renovated vacancy, while a detached home and studio broaden the property’s unit configuration.
Where is this apartment building located?
The property is located at 809 W Van Patten Avenue Las Cruces, NM.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 8‑unit multifamily property on a 0.57‑acre site; Six rear apartments, plus a detached single‑family home and studio; Five rear apartments are leased; one recently renovated unit is available for rent
More about this property
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