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Three-Unit Triplex with Full Occupancy
For Sale
$750,000

703 Athenian Way #A B And C, Las Cruces, NM 88011

All three units are leased and provide spacious three-bedroom, two-bath layouts in the Foothills area.

Property SizeContact for details
Days on Market31

Property Features for 703 Athenian Way #A B And C

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 3 x 3BR/2BA
Multifamily Units 3

Building Details

Year Built 2001
Listing Agency: EXIT Realty Vista
Listed By: Andrew J Palmer · License #LCN2588
Source: Homefindernm
Added: Aug 1 Changed: Aug 30 Last Checked: Aug 30 at 10:42PM

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 EXIT Realty Vista

Investment Insights

Based on property information with market context.

Built in 2001, this triplex contains three separately configured units, each with 3 bedrooms, 2 bathrooms, and approximately 1,535 square feet of living space. The layouts provide substantial residential interiors across all three units, while current occupancy stands at 100%.

The property is located at 703 Athenian Way #A, B, And C, in Las Cruces, New Mexico’s Foothills area. Current rents are below market value, creating an identifiable opportunity to review income as leases and operating conditions evolve. The combination of three units, consistent unit layouts, and full occupancy gives the property a straightforward multifamily configuration.

Key Highlights

  • 100% occupied triplex with three separate units
  • Each unit includes 3 bedrooms, 2 bathrooms, and approximately 1,535 square feet
  • Built in 2001

Property Analytics

Current Use

Triplexes

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

Demographics for 88011, NM

32,885
Population
15,160
Households
2.2
Avg Household Size
43
Median Age
55%
College-Educated
95%
High-School Grad
251.7 sq mi
ZIP Area
131
Density / Sq Mi
$75,139
Median Household Income
$43,093
Median Earnings
$1,053
Median Rent
$315,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Triplex - All three units are leased and provide spacious three-bedroom, two-bath layouts in the Foothills area.
Where is this triplex located?
The property is located at 703 Athenian Way #A B And C Las Cruces, NM.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 100% occupied triplex with three separate units; Each unit includes 3 bedrooms, 2 bathrooms, and approximately 1,535 square feet; Built in 2001
More about this property
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