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    Portales, NM
    Duplex

    Portales, NM Duplexes for Sale

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    Causey, NM Morton, TX
    Portales Multifamily Investment Opportunity
    Updated: Feb 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
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    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 Portfolio with Expansion Lots
    Duplex Portfolio with Expansion Lots

    1304 Avenue F, Shallowater, TX 79363

    $875,000
    7,758 sqft 1.70 AC lot

    Two duplexes and a triplex are fully leased, with two additional lots included for expansion.

    View details
    Updated Duplex with Tenant Occupancy
    Updated Duplex with Tenant Occupancy

    400 Blevins, Hereford, TX 79045

    $150,000
    1,248 sqft 0.17 AC lot

    Two occupied units offer an updated configuration with stucco construction, refreshed interiors, and replaced plumbing infrastructure.

    View details
    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
    Modern Duplex with Two-Car Garages
    Modern Duplex with Two-Car Garages

    1407 17th Street, Shallowater, TX 79363

    $345,000
    2,836 sqft 0.19 AC lot

    Each unit includes three bedrooms, two bathrooms, and a two-car garage.

    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 two-family homes 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
    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 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%

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Portales, NM

    • 88130

    Featured Portales Real Estate Agencies

    Realmo connects you with licensed Portales CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Buena Vista Realty
    521 West Second Street Portales, NM 88130
    Phone: (575) 226-0671
    www.buenavista-nm.com
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