703 Athenian Way #A-b, Las Cruces, NM, 88011
About This Home
Discover a compelling investment opportunity, located in the highly desirable Foothills area. This well-positioned triplex is 100% occupied, providing immediate rental income from day one.The property features three spacious units, each offering 3 bedrooms, 2 bathrooms, and approximately 1,535 square feet of living space. Current rents are below market value, creating an attractive opportunity to increase income over time and strengthen the property's overall return.With full occupancy, generous unit layouts, and a sought-after Foothills location, this triplex offers an excellent combination of established cash flow and future income potential.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Good to Excellent
- Year built: 2001
Materials
- Roof: Flat
- Construction materials: Frame,Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Triplex,Multi Family
Interior
Appliances
- Appliances included: Range,Refrigerator,Disposal,Dishwasher
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 6
Features
- Flooring: Flooring Foundation: Slab,Flooring Foundation: Ceramic Tile
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 4,604
- Total interior livable area: 4,604 sqft
Property
Details
- Parcel number: 4009135393032
Features
- Fencing: Rock
Lot
- Lot size: 0.25 Acres
- Lot size dimensions: .25 to .50 AC
Parking
- Parking features: Garage,On Street,Paved
- Has garage: Yes
- Has uncovered spaces: Yes
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
- Lightning
- Winter Weather
- Cold Wave
- Hail
- Heat Wave
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 | $3,792 | $45,504 |
| Home Insurance * | $255 | $3,060 |
| Property Taxes | $400 | $4,800 |
| Electricity | $327 | $3,928 |
| Total | $4,774 | $57,288 |
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 |
|---|---|---|
| 2026-08-14 | Pending sale | $750,000 |
| 2026-07-30 | Listed for sale | $750,000 |
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