Duplex

Portales, NM Duplexes for Sale

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Morton, TX Bledsoe, TX
Portales Multifamily Investment Opportunity
Updated: Mar 2
Portales Multifamily Investment Opportunity

501 S Avenue G, Portales, NM 88130

$450,000
6,300 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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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.

Hereford, TX Duplex Investment
Hereford, TX Duplex Investment

1106 Grand Avenue, Hereford, TX 79045

$150,000
1,778 sqft 0.24 AC lot

Duplex in great condition with tenants, ready for investment.

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New Construction Duplex Property
New Construction Duplex Property

140 Chisum Drive, Clovis, NM 88101

$369,000
2,124 sqft

New construction duplex with open-concept living areas, private fenced backyards, and in-unit laundry for each side.

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Newer-Construction 2-Bed Duplex
Newer-Construction 2-Bed Duplex

316 Cortez Street, Clovis, NM 88101

$265,000

Newer-built 2-bedroom, 2-bath duplex with contemporary finishes, offering convenient access to Cannon Air Force Base and local amenities.

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Hereford Multifamily Investment Opportunity
Hereford Multifamily Investment Opportunity

1107 Caprock Street, Hereford, TX 79045

$1,100,000

Eight-unit multifamily property in Hereford, Texas, fully leased.

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 6,300 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 1

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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