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    Portales, NM
    Duplex

    Portales, NM Duplexes for Sale

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    Causey, NM Morton, TX Bledsoe, TX
    Portales Multifamily Investment Opportunity
    Updated: Mar 27
    Portales Multifamily Investment Opportunity

    501 S Avenue G, Portales, NM 88130

    $450,000
    4,872 sqft
    Acquisition Cap Rate: 6.77%
    100% Occupied as of February 2026
    Less than 1/2 mile from ENMU Campus
    All units are 2‑Bedroom 1‑Bath
    Complete Remodel as of the last 5 years
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Portales, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Duplex with Double Garages
    Duplex with Double Garages

    525 W 15th Street, Hereford, TX 79045

    $259,000
    2,552 sqft

    Each residence offers a two-bedroom, two-bath layout with a double garage and separate living space.

    View details
    Two-Bedroom Duplex with Modern Finishes
    Two-Bedroom Duplex with Modern Finishes

    300 Cortez St, Clovis, NM 88101

    $265,000
    1,668 sqft

    Newly constructed duplex with contemporary interiors and access to Cannon Air Force Base, shopping, and dining.

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    New Two-Unit Duplex
    New Two-Unit Duplex

    3521 Ethan Avenue, Clovis, NM 88101

    Contact for pricing

    Each residence combines two bedrooms and two bathrooms with contemporary finishes and a low-maintenance layout.

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    Four-Duplex Income Property
    Four-Duplex Income Property

    1107 Caprock Street, Hereford, TX 79045

    $1,100,000

    Brick construction, attached garages, and fenced yards support an efficiently configured residential income property.

    View details

    Portales, NM Duplexes Market Trends and Statistics

    Explore 1 duplexes for sale in Portales, NM on our real estate platform. These investment opportunities span a total of 4,872 square feet of properties for sale, with an estimated market value of $450,000.

    Sale prices for duplexes in Portales, NM average $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2
    Mobile home & RV parks 2

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Portales submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    88130 $450K

    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%

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