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Modern Container Duplex
For Sale
$245,000

405 Palm Avenue, Las Cruces, NM 88001

Studio-style duplex in Downtown Las Cruces with short-term rental use potential and flexible owner-occupancy options.

Property SizeContact for details
Days on Market467

Property Features for 405 Palm Avenue

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Multifamily Units 2

Building Details

Year Built 2018
Construction container
Listing Agency: Rethink Real Estate, LLC
Listed By: Padma Valdevit · License #17630
Source: Exitrealty
Added: May 22, 2025 Changed: Aug 30 Last Checked: Aug 30 at 9:25PM

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 Rethink Real Estate, LLC

Investment Insights

Based on property information with market context.

Built in 2018, this duplex uses repurposed shipping-container construction to create a modern residential property with a distinctive layout. The two units feature studio-style floor plans without traditional bedrooms, offering an unconventional configuration suited to furnished residential occupancy and vacation-rental operations.

The property is located on Palm Avenue in Downtown Las Cruces. An owner may occupy one unit while renting the other, or operate both units as short-term accommodations, subject to applicable requirements. The property is identified as 405 Palm Avenue, Las Cruces, New Mexico 88001.

Key Highlights

  • Two‑unit duplex with container construction
  • Built in 2018
  • Studio‑style layouts without traditional bedrooms

Property Analytics

Current Use

Duplexes

Lease Details

2
Residential units

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 - Studio-style duplex in Downtown Las Cruces with short-term rental use potential and flexible owner-occupancy options.
Where is this duplex located?
The property is located at 405 Palm Avenue Las Cruces, NM.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Two‑unit duplex with container construction; Built in 2018; Studio‑style layouts without traditional bedrooms
More about this property
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