809 Van Patten Ave, Las Cruces, NM, 88005
About This Home
Eight-unit multifamily investment opportunity with a diverse unit mix and value-add potential. The property consists of six apartment units located at the rear of the site, including five currently leased units and one recently renovated unit that is available for rent. At the front of the property, a detached single-family home and studio provide additional income-producing flexibility.The rear apartment units each offer approximately 600 square feet of living space with 2 bd/ 1 bath corner units and 1 bd/ 1 bath interior units. Ample on-site parking is available for tenants, and the property includes additional outdoor space that could be enhanced to improve tenant enjoyment and overall appeal.With existing rental income, a renovated vacant unit, and opportunities for further improvements, this property presents an attractive option for investors seeking a project with upside potential and multiple revenue streams.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Poor to Fair
Materials
- Roof: Flat,Minimum Pitch,Pitched
- Construction materials: Adobe,Stucco,Block
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range,Refrigerator
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 8
Features
- Flooring: Flooring Foundation: Dirt,Flooring Foundation: Slab
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: Evaporative Cooling
Interior Area
- Total structure area: 5,101
- Total interior livable area: 5,101 sqft
Property
Details
- Parcel number: 4006135391086
Features
- Fencing: Block
Lot
- Lot size: 0.57 Acres
- Lot size dimensions: .25 to .50 AC
Parking
- Parking features: Paved
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Winter Weather
- Earthquake
- Hail
- Heat Wave
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Doña Ana County and New Mexico
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,592 | $19,104 |
| Home Insurance * | $135 | $1,620 |
| Property Taxes | $168 | $2,016 |
| Electricity | $362 | $4,352 |
| Total | $2,257 | $27,084 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-17 | Listed for sale | $315,000 |
| 2026-06-25 | Pending sale | $315,000 |
| 2026-06-09 | Listed for sale | $315,000 |
| 2021-02-23 | Listing removed | -- |
| 2021-02-05 | Listed for rent | $775 |
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