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Eight-Unit Multifamily Property
For Sale
$315,000

809 W Van Patten Ave, Las Cruces, NM 88005

Includes apartments, a detached home, and a studio with on-site parking.

Property Size5,101 SF
Price / SF$61.75
Days on Market87

Property Features for 809 W Van Patten Ave

General Information

Standard status Active
Size 5,101 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 8
Listing Agency: BHGRE Steinborn & Associates
Listed By: Lauren C Lay
Source: Searchlascruceshomesforsale
Added: Jun 6 Changed: Aug 30 Last Checked: Aug 30 at 6:06PM

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 multifamily property contains eight units across a rear apartment component and additional buildings at the front of the site. The rear portion includes six apartments, with five leased and one recently renovated unit currently available for rent. Each rear apartment is approximately 600 square feet and configured as either a two-bedroom, one-bath corner unit or a one-bedroom, one-bath interior unit.

A detached single-family home and a studio add two distinct components to the property. On-site tenant parking is provided, and outdoor space is included within the property. The address is 809 W Van Patten Ave in Las Cruces, New Mexico.

Key Highlights

  • Eight‑unit multifamily property at 809 W Van Patten Ave, Las Cruces, NM 88005
  • Six rear apartments, including five leased units and one recently renovated available unit
  • Rear apartments are approximately 600 square feet each

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 - Includes apartments, a detached home, and a studio with on-site parking.
Where is this apartment building located?
The property is located at 809 W Van Patten Ave 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: Eight‑unit multifamily property at 809 W Van Patten Ave, Las Cruces, NM 88005; Six rear apartments, including five leased units and one recently renovated available unit; Rear apartments are approximately 600 square feet each
More about this property
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