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    723 N Ave M Ave Portales, NM 88130

    Pending
    For Sale
    $69,900

    Multi Unit 2-4 - Portales, NM

    Property size:
    1,792 SF
    Lot size:
    0.44 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 7 at 1:06 am

    Property Features for 723 N Ave M Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 1, Bedroom 2
    Bedrooms
    2
    APN
    111000000604200z
    Fireplace
    1
    Appliances
    Range
    Size
    1,792 SF
    Lot size
    0.44 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating), Fireplace(s)
    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Floors in Building
    1
    Number of units
    2
    Building materials
    Brick, Stucco
    Roof type
    Metal
    Architectural style
    Other

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

    Listing agent Katharine Fly (575) 762-5611

    Listing date Nov 14, 2025

    MLS# 20254178 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 Duplex with Brick Floors

    This property features a duplex, each unit containing two bedrooms and one bathroom, along with a living room equipped with a fireplace and a small side yard. Situated on an oversized lot of 0.4362 acres, the property provides ample parking space. A distinctive feature is the all-brick flooring throughout the units. The property, located in Portales, New Mexico, offers 1792 square feet of living space and is considered a suitable income property due to its affordable price.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Portales
    County
    Roosevelt
    State
    New Mexico
    Longitude
    -103.349542
    Latitude
    34.187004

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    FAQs

    What type of property is this?
    Duplex - Two-bedroom duplex on a large lot, ideal income property.
    Where is this duplex located?
    The property is located at 723 N Ave M Ave Portales, NM.
    What is the asking price?
    The asking price for this property is $69,900.
    What are key features of this property?
    This property features: - Affordable price point for an income property.; - Two bedrooms and one bathroom.; - **Fireplace in the living room.**
    (575) 762-5611
    Request Owner's contact information
    723 N Ave M Ave 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
    723 N Ave M Ave Portales, NM 88130
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