1515 W 18th Street Portales, NM 88130
- Added:
- Oct 29, 2025
- Days on Market:
- 155
- Last Refresh:
- Apr 1 at 5:06 pm
Property Features for 1515 W 18th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Interior features
- Walk-In Closet(s)
- Appliances
- Free-Standing Range, Refrigerator, Electric Water Heater
- Standard status
- Active
- APN
- 100100000014900
- Lot size
- 0.92 Acres
Taxes and HOA fees
- TaxYear
- 2025
- TaxDescription
- Subd: UNIV. HEIGHTS Block: 13 Lot: N 200' OF LOT 1
- TaxAnnualAmount
- 4143
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air, Electric
Building Details
- Floors in Building
- 1
- Number of units
- 8
- Flooring type
- Laminate, Carpet, Vinyl
- Building materials
- Brick
- Roof type
- Shingle, Metal
Listing agent Melinda Wilkinson (575) 799-7070
Listing office Keller Williams Realty - Cl/Ho 1104 E Manana, Clovis, NM (575) 935-4040
Listing date Oct 29, 2025
MLS# 20256251
Listing URL
Copyright © 2026 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 in Portales
This is an eight-door apartment complex, offering an investment opportunity with 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, with tenants responsible for their own utility payments. Each apartment is equipped with central heat and air, as well as covered porches. The property also includes 20 concrete block storage units, each approximately 10x10, with concrete foundations and metal roofs, providing an additional income source or tenant amenity. Situated on a large 0.9183-acre lot with room to expand, this property offers potential for future growth. Possible owner financing with acceptable terms.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Portales
- County
- Roosevelt
- State
- New Mexico
- Longitude
- -103.350685
- Latitude
- 34.171008
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Eight-unit apartment complex with storage, expansion potential, and owner financing.
Where is this apartment building located?
The property is located at 1515 W 18th Street 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.; Separate utility meters for each unit, tenants pay their own utilities.
