Portales, NM
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    Portales, NM Duplexes for Sale

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    Causey, NM Morton, TX Bledsoe, TX
    Portales Multifamily Investment Opportunity
    $450,000
    6,300 SF
    Portales Multifamily Investment Opportunity

    501 S Avenue G, Portales, NM 88130

    Three duplexes near ENMU campus, fully remodeled and occupied.
    • 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
    Updated: Mar 2
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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
    $150,000
    1,778 SF
    Hereford, TX Duplex Investment

    Duplex in great condition with tenants, ready for investment.

    1106 Grand Avenue, Hereford, TX 79045

    View details
    Clovis Multifamily Investment Property
    $290,000
    2,808 SF
    Clovis Multifamily Investment Property

    Multifamily property in Clovis, NM, featuring two units.

    1316 Ash Street, Clovis, NM 88101

    View details
    Clovis Multifamily Investment Opportunity
    $109,900
    1,978 SF
    Clovis Multifamily Investment Opportunity

    Two homes on one lot, ideal for investors.

    1016 Rencher Street, Clovis, NM 88101

    View details
    Hereford Multifamily Investment Opportunity
    $1,100,000
    Hereford Multifamily Investment Opportunity

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

    1107 Caprock Street, Hereford, TX 79045

    View details

    Portales, NM Duplexes Investment Opportunities Market Analysis

    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 start at $450,000, averaging $450,000, and reaching up to $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

    Duplexes 1
    Mobile home & RV parks 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 median 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 sq ft
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Area on Market Trend

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