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    Eight-Unit Apartment Complex Title is generated by Realmo AI

    1515 W 18th Street, Portales, NM 88130

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    Claim this Listing
    Pending
    $495,000

    MULTI_FAMILY - Portales, NM

    Lot size:
    0.92 Acres
    Added:
    Oct 29, 2025
    Days on Market:
    239
    Last Refresh:
    Jun 24 at 2:06 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
    Pending
    APN
    100100000014900
    Lot size
    0.92 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Subd: UNIV. HEIGHTS Block: 13 Lot: N 200' OF LOT 1
    Tax Annual Amount
    4143

    Utilities

    Heating system
    Forced Air
    Cooling system
    Electric, Central Air

    Building Details

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

    We can help!

    Listing Contact
    Melinda Wilkinson
    Melinda Wilkinson

    Listing agent Melinda Wilkinson

    Listing office Keller Williams Realty - Cl/Ho 1104 E Manana, Clovis, NM

    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.

    HighLights

    • Eight‑door apartment complex with 1 bed, 1 bath units and large walk‑in closets
    • Units include electric range and refrigerator, plus central air and forced‑air heat
    • Utilities are separately metered with tenants paying their own utilities
    • Brick construction with roof types split between Building 1 (metal roof) and Building 2 (composition roof)
    • Includes 20 concrete block storage units with concrete foundations and metal roofs (about 10x10 each)

    Overview

    This for-sale multifamily property consists of an eight-door apartment complex with one-bedroom, one-bath layouts. Each unit includes a large walk-in closet, and the kitchens are equipped with an electric range and a refrigerator. Apartments are provided with central heat and air and feature covered porches. The property includes two apartment buildings with different roof types, as Building 1 has a metal roof and Building 2 has a composition roof. In addition, there are 20 concrete block storage units with concrete foundations and metal roofs, offering a dedicated source of space for storage.

    The community sits on a large lot with room to expand, supporting flexible long-term site planning. Utilities are separately metered, and tenants pay their own utilities, which can simplify ongoing operating administration.

    For investors or operators seeking a small-scale apartment asset, the property’s uniform unit mix and turnkey in-unit appliances can help support straightforward leasing and maintenance planning. The inclusion of covered porches, central climate control, and on-site storage units can also appeal to residents looking for functional, everyday conveniences.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    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 - One-bedroom units with central heat and air, separately metered utilities, and 20 on-site storage units.
    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 1 bed, 1 bath units and large walk‑in closets; Units include electric range and refrigerator, plus central air and forced‑air heat; Utilities are separately metered with tenants paying their own utilities
    More about this property
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