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    515 E 7Th St Clovis, NM 88101

    For Sale
    $185,000

    Multi Unit 2-4 - Clovis, NM

    Property size:
    3,193 SF
    Lot size:
    0.14 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 6 at 10:06 pm

    Property Features for 515 E 7Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1
    Bedrooms
    1
    APN
    121101044152100
    Interior features
    Ceiling Fan(s)
    Fireplace
    1
    Appliances
    Dryer, Range, Refrigerator
    Size
    3,193 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Fireplace(s), Forced Air
    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Floors in Building
    1
    Number of units
    4
    Flooring type
    Carpet, Vinyl
    Building materials
    Frame, Stucco
    Roof type
    Shingle
    Architectural style
    Other

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

    Listing agent Katharine Fly (575) 762-5611

    Listing date Nov 18, 2025

    MLS# 20252718 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

    Clovis Multifamily Investment Opportunity

    This multifamily property located in Clovis, New Mexico, features four units. The property size is 3193 square feet and it sits on a 0.1443-acre lot. One unit is currently vacant. The other units rent for between $575 and $600 each, offering cash flow potential. The property is located in Curry County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Clovis
    County
    Curry
    State
    New Mexico
    Longitude
    -103.199404
    Latitude
    34.404453

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    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property in Clovis, NM, with income potential.
    Where is this quadplex located?
    The property is located at 515 E 7Th St Clovis, NM.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: - Four-unit multi-family property.; - Good cash flow potential with existing rental income from 3 units.; - Fireplace included.
    (575) 762-5611
    Request Owner's contact information
    515 E 7Th St Clovis, NM 88101
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    Clovis, NM 88101
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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
    515 E 7Th St Clovis, NM 88101
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