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    121-123 N Avenue E Portales, NM 88130

    For Sale
    $102,515

    Multi Unit 2-4 - Portales, NM

    Lot size:
    0.07 Acres
    Days on Market:
    82
    Last Refresh:
    Dec 13 at 3:06 pm

    Property Features for 121-123 N Avenue E

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1
    Bedrooms
    1
    APN
    100000000462700
    Lot size
    0.07 Acres

    Building Details

    Number of units
    2
    Architectural style
    Other

    WEICHERT, REALTORS - The 505 Group (575) 762-5611 [email protected]

    Listing agent Betty Bolin (575) 762-5611

    Listing date Sep 23, 2025

    MLS# 20252117 Listing URL

    Copyright © 2025 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Portales Multifamily Property For Sale

    This multifamily property is located in Portales, New Mexico. The property is zoned for duplexes and residential income properties. The lot size is 0.0746 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portales
    County
    Roosevelt
    State
    New Mexico
    Longitude
    -103.342476
    Latitude
    34.183886

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    FAQs

    What type of property is this?
    Duplex - Multifamily property in Portales, NM, ideal for residential income.
    Where is this duplex located?
    The property is located at 121-123 N Avenue E Portales, NM.
    What is the asking price?
    The asking price for this property is $102,515.
    What are key features of this property?
    This property features: - Location: Coordinates provided indicate a specific geographic location.; - Room Details: Includes at least one bedroom (Bedroom 1).
    (575) 762-5611
    Request Owner's contact information
    121-123 N Avenue E Portales, NM 88130
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    Portales, NM 88130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    121-123 N Avenue E Portales, NM 88130
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