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1515 W 18Th St Portales, NM 88130

For Sale
$495,000

Multi Unit 5+ - Portales, NM

Lot size:
0.92 Acres
Days on Market:
37
Last Refresh:
Dec 6 at 12:06 am

Property Features for 1515 W 18Th St

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
APN
100100000014900
Interior features
Walk-In Closet(s)
Appliances
Range, Refrigerator
Lot size
0.92 Acres

Utilities

Heating system
Forced Air
Cooling system
Central Air, Electric

Building Details

Floors in Building
1
Number of units
8
Flooring type
Carpet, Laminate, Vinyl
Building materials
Brick
Roof type
Metal, Shingle
Architectural style
Other

Keller Williams Realty (575) 935-4040 [email protected]

Listing agent Melinda Wilkinson (575) 935-4040

Listing date Oct 31, 2025

MLS# 20256251 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

Eight-Door Apartment Complex with Storage

This property presents an opportunity to own an eight-door apartment complex characterized by consistently low turnover. Each unit includes one bedroom, one bathroom, and a large walk-in closet. The kitchens are equipped with an electric range and refrigerator. Building 1 has a metal roof, while Building 2 features a composition roof. Utilities are separately metered, and tenants are responsible for their own utility payments. Each apartment is equipped with central heat and air, and covered porches provide added comfort. The property also includes 20 concrete block storage units, each approximately 10x10, with concrete foundations and metal roofs, offering an additional income source or tenant amenity. Situated on a large lot of 0.9183 acres, this property offers potential for future growth. The property is located in Portales, Roosevelt County, New Mexico.
Property Profile Location Intelligence

Current Use by Public Records

Self storage facilities

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Portales
County
Roosevelt
State
New Mexico
Longitude
-103.350685
Latitude
34.171008

FAQs

What type of property is this?
Apartment building - Eight-unit apartment complex with storage units and expansion potential.
Where is this apartment building located?
The property is located at 1515 W 18Th St Portales, NM.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: - Eight-door apartment complex with consistently low turnover.; - 20 concrete block storage units provide additional income or tenant amenity.; - Each unit has separate utility meters, with tenants paying their own utilities.
More about this property
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