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Duplex Income Property
For Sale
$295,000
Pending

705 Cactus #1 & 2, Las Cruces, NM 88001

Two-unit duplex with each side offering three bedrooms and two bathrooms.

Property SizeContact for details
Days on Market46

Property Features for 705 Cactus #1 & 2

General Information

Standard status Pending
Property subtype Multi-Family
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 2

Building Details

Year Built 2003
Listing Agency: BHGRE Steinborn & Associates
Listed By: Grady Oxford · License #LCN52
Source: Viewlascruceshomes
Added: Jul 18 Changed: Aug 8 Last Checked: Aug 31 at 1:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHGRE Steinborn & Associates

Investment Insights

Based on property information with market context.

This duplex for sale offers two residential units, with each unit configured as a 3-bedroom, 2-bath layout. Both units are currently rented, and tenants are responsible for all utilities.

The property is being offered for sale with an owner/broker. The seller also owns an adjacent duplex that is separately for sale.

Each unit’s established rental setup makes this a straightforward income property for buyers looking for a duplex structure with utility reimbursement from tenants.

Key Highlights

  • Duplex built in 2003 with two units
  • Each unit offers 3 bedrooms and 2 bathrooms
  • Current rent is $1,175 per month per unit

Property Analytics

Current Use

Duplexes

Lease Details

2
Residential units
100%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Demographics for 88001, NM

36,831
Population
16,985
Households
2.2
Avg Household Size
30
Median Age
29%
College-Educated
83%
High-School Grad
11.1 sq mi
ZIP Area
3,318
Density / Sq Mi
$32,978
Median Household Income
$23,195
Median Earnings
$797
Median Rent
$158,300
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?
Duplex - Two-unit duplex with each side offering three bedrooms and two bathrooms.
Where is this duplex located?
The property is located at 705 Cactus #1 & 2 Las Cruces, NM.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Duplex built in 2003 with two units; Each unit offers 3 bedrooms and 2 bathrooms; Current rent is $1,175 per month per unit
More about this property
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