Endless possibilities await with this well-maintained fourplex in the peaceful and highly desirable Mesilla Park area. Situated on 1.09 acres with a charming pecan orchard, this property offers quiet country living just minutes from town. Each of the four 1-bedroom, 1-bath units features low-maintenance tile flooring, a full appliance package, and an open-concept kitchen, living, and dining area, with three units upgraded with new mini-split heating and cooling systems for efficient year-round comfort. With separate utility meters and a shared domestic well, this income-producing property is both functional and full of long-term potential. Its very close proximity to NMSU and Burrell College of Osteopathic Medicine makes this a prime rental location- ideal for student housing or short-term Airbnb stays. Beyond traditional rentals, this property offers multiple streams of potential income including pecan orchard harvests, horse training or boarding, and more. A rare opportunity, call me today!
Pending
$500,000
3820 Calle De Las Margaritas, Las Cruces, NM 88005
--beds
--baths
--sqft
Est.:
Quadruplex, Multi Family
Built in 1984
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 9 days
- on Zillow |
- 143 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: April 18, 2025 at 06:13pm
Listed by:
Jorge A Vazquez 575-640-3325,
BHGRE Steinborn & Associates 575-522-3698
Source: SNMMLS,MLS#: 2501032
Travel times
Facts & features
Interior
Heating
- Forced Air
Cooling
- Evaporative Cooling, Mini Split
Appliances
- Included: Refrigerator
Features
- Flooring: Flooring Foundation: Ceramic Tile
Property
Parking
- Parking features: None
Features
- Fencing: Chain Link,Wood,Pipe
Lot
- Size: 1.09 Acres
- Dimensions: 1.01 to 1.5 AC
Details
- Parcel number: 4007138404341
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Stucco
- Roof: Pitched,Shingle
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Domestic Well & Ebid
Community & HOA
HOA
- Has HOA: No
Location
- Region: Las Cruces
Financial & listing details
- Tax assessed value: $237,284
- Annual tax amount: $1,852
- Date on market: 4/17/2025
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