Advertise
    Portales, NM
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Warehouse
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Parking & Garage
    • Specialty
    Price
    Price
    $
    $

    Portales, NM Apartment Buildings for Sale

    Notify Me
    List
    Map
    Causey, NM Morton, TX Bledsoe, TX
    Eight-Unit Apartment Complex
    $495,000
    0.92 Acres
    Eight-Unit Apartment Complex

    1515 W 18th Street, Portales, NM 88130

    One-bedroom units with central heat and air, separately metered utilities, and 20 on-site storage units.
    • Eight‑door apartment complex with 1 bed, 1 bath units and large walk‑in closets
    • Units include electric range and refrigerator, plus central air and forced‑air heat
    • Utilities are separately metered with tenants paying their own utilities
    • Brick construction with roof types split between Building 1 (metal roof) and Building 2 (composition roof)
    • Includes 20 concrete block storage units with concrete foundations and metal roofs (about 10x10 each)
    Updated: Oct 29, 2025
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Portales, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Stabilized 6-Plex Apartment Building
    $499,900
    4,950 SF
    Stabilized 6-Plex Apartment Building

    Renovated 6-unit building with individually metered utilities and a 2019 roof for stable, low-maintenance income.

    1000 Ash Street, Clovis, NM 88101

    View details
    Littlefield Multifamily Investment Opportunity
    $2,400,000
    Littlefield Multifamily Investment Opportunity

    Value-add multifamily property in Littlefield, Texas with strong income performance.

    1100 S Wicker Avenue, Littlefield, TX 79339

    View details
    Renovated Lubbock Apartments For Sale
    $3,600,000
    Renovated Lubbock Apartments For Sale

    Lubbock apartments with six floor plans, renovated in 2017.

    3333 Toledo Avenue, Lubbock, TX 79410

    View details
    Renovated Lubbock Apartments For Sale
    Contact for pricing
    Renovated Lubbock Apartments For Sale

    Apartment complex in Lubbock, TX, renovated in 2017.

    3333 Toledo Ave, Lubbock, TX 79410

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    El Paso Vacant Residential Land
    $95,172
    0.21 Acres
    El Paso Vacant Residential Land

    9,270 sq ft vacant lot in established El Paso neighborhood.

    4936 Titanic Avenue, El Paso, TX 79904

    View details
    Norman Land For Luxury Condos
    $285,000
    0.74 Acres
    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072

    View details
    Buildable Lot for Luxury Condos
    $285,000
    0.74 Acres
    Buildable Lot for Luxury Condos

    0.74 acre buildable lot zoned for low-density apartments.

    801 36th Ave NW, Norman, OK 73072

    View details
    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres
    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802

    View details

    Portales, NM Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Portales, NM on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $495,000.

    Sale prices for two-family homes in Portales, NM start at $495,000, averaging $495,000, and reaching up to $495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Demographics Overview

    Population 18K
    Population Growth (5Y) +1.0%
    Median Household Income $52,420
    College Educated 15.4%

    Taxes & Financing

    Tax Rate (average for all types) 2.62%
    Property Tax per SF $41.22 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Portales, NM

    Popular Categories

    Most Searched ZIP Codes in Portales, NM

    • 88130

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!