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For sale
  • Price cut: $25K (7/7)
    $475,000

    3820 Calle De Las Margaritas, Las Cruces, NM 88005

    --beds
    --baths
    --sqft
    : 
    Quadruplex, Multi Family
    Built in 1984
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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!
    116 days
    on Zillow
    |
    451
    |
    27
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 09, 2025 at 02:23pm

    Listed by:

    Jorge A Vazquez 575-640-3325,

    BHGRE Steinborn & Associates 575-522-3698

    Source: SNMMLS,MLS#: 2501032
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 3820 Calle De Las Margaritas.

    Next available tour time:Today at 7pm

    Facts & features

    Interior

    Heating
    • Natural Natural Gas, Forced Air
    Cooling
    • Evaporative Cooling, Mini Split
    Appliances
    • Included: Range, 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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