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    754a S Roosevelt Road Q Portales, NM 88130

    For Sale
    $141,000

    Multi Unit 2-4 - Portales, NM

    Property size:
    1,024 SF
    Days on Market:
    99
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 754a S Roosevelt Road Q

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    400000000141670
    Parking features
    RV
    Exterior features
    Irregular Lot
    Appliances
    Dryer, Range, Refrigerator
    Size
    1,024 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Number of units
    2
    Flooring type
    Carpet, Laminate
    Architectural style
    Other

    Buena Vista Realty (575) 226-0671 [email protected]

    Listing agent Michael Terry (575) 226-0671

    Listing date Aug 29, 2025

    MLS# 20254989 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

    Multi-Unit Property Near ENMU

    This 2.524-acre property, located near Portales and Eastern New Mexico University (ENMU), includes two single-wide mobile homes. Home A features 2 bedrooms and 2 bathrooms, while Home B offers 2 bedrooms and 1 bathroom. Both homes are equipped with central air conditioning. The property also includes eight 45' x 15' covered stalls suitable for horses or other livestock, with ample space available to add an arena or riding area. Additional features include convenient blacktop road access, close proximity to ENMU offering excellent investment or rental potential, and a full RV/travel trailer hookup on-site. The property offers functionality, location, and value, and is suitable for equestrian enthusiasts, investors, or those seeking a rural property with room to grow.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Nail Salon Hotel & Motel Pharmacy Gym & Fitness Auto Parts 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
    -103.31865
    Latitude
    34.148638

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    FAQs

    What type of property is this?
    Duplex - 2.524-acre property with two homes and equestrian facilities near Portales.
    Where is this duplex located?
    The property is located at 754a S Roosevelt Road Q Portales, NM.
    What is the asking price?
    The asking price for this property is $141,000.
    What are key features of this property?
    This property features: - 2.524 acre property with two homes, offering living and rental income potential; - Eight 45' x 15' covered stalls suitable for horses or livestock; - Close proximity to Portales and Eastern New Mexico University (ENMU)
    (575) 226-0671
    Request Owner's contact information
    754a S Roosevelt Road Q 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
    754a S Roosevelt Road Q Portales, NM 88130
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