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3-Unit Adobe Triplex

523-521 N Alameda Street, Las Cruces, NM 88005

For Sale
New
$549,000

Residential, Las Cruces, NM

Property Size1,335 SF
Lot Size0.50 Acres
Price / SF$411.24
Days on Market2

Property Features for 523-521 N Alameda Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning R4
Bedrooms 5
Bathrooms 3
Full bathrooms 2
Rooms Bedroom 2, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 1
Interior features Ceiling Fan(s)
Exterior features Walled Front, Walled Backyard, Back Yard Access
Appliances Dryer, Gas Cooktop, Gas Water Heater, Refrigerator, Washer
Subdivision New Mexico Town Company
Lot features Standard Lot, Subdivided
Elementary school Central
Middle school Zia
High school Las Cruces
Elementary school district Las Cruces
Middle school district Las Cruces
High school district Las Cruces
Standard status Active
APN 4007135093098
Size 1,335 SF
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Subd: NEW MEXICO TOWN COMPANY ADDITION (BK 2 PG 9) 6 Lot: LT 7 8 9 Block: 1 S: 18 T: 23S R: 2E
Tax Annual Amount 3200
Legal Description Subd: NEW MEXICO TOWN COMPANY ADDITION (BK 2 PG 9) 6 Lot: LT 7 8 9 Block: 1 S: 18 T: 23S R: 2E

Utilities

Heating system Central

Amenities

solar panels
refrigerated air conditioning
automated irrigation

Building Details

Year built 1940
Floors in Building 1
Flooring type Hardwood, Tile
Building materials Adobe
Roof type Flat
Architectural style Santa Fe
Additional Structures Pergola
Buildings 2
Listing Agency: Cornerstone Realty
Listed By: Laura Fierro-Gomez
Added: Nov 9 Changed: Nov 10 Last Checked: Nov 10 at 6:06PM
MLS# 954160

Copyright © 2026 Greater El Paso 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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3-unit adobe property combines a 1,335-square-foot, three-bedroom main house with a separate duplex containing a 780-square-foot casita and a 480-square-foot apartment. The building dates to 1940 and has Santa Fe architectural styling. All three units have refrigerated air conditioning; the property also includes a 200-amp electrical panel and an owned, paid-off solar system serving a shared meter.

Both duplex residences received full remodels and updated appliances within the past five years. Other features include central heating, hardwood and tile flooring, and enclosed porch space. The parcel measures 0.5 acres and is zoned R4.

Key Highlights

  • Three residential units: a 3‑bedroom main house, 780‑square‑foot casita and 480‑square‑foot apartment
  • Main house measures 1,335 square feet
  • Owned, paid‑off solar panel system serves a shared meter

Property Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,545
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

Frequently Asked Questions

What type of property is this?
Triplex - Three residences comprise a three-bedroom house and a detached duplex with a casita and apartment.
Where is this triplex located?
The property is located at 523-521 N Alameda Street Las Cruces, NM.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Three residential units: a 3‑bedroom main house, 780‑square‑foot casita and 480‑square‑foot apartment; Main house measures 1,335 square feet; Owned, paid‑off solar panel system serves a shared meter
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