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Multifamily Building with 5 Units
For Sale
$395,000

2907 N Prince Street, Clovis, NM 88101

Five-unit multifamily property with all units currently rented and seller-paid water service.

Days on Market188

Property Features for 2907 N Prince Street

General Information

Standard status Active
Property subtype Commercial
Occupancy 100%

Additional Details

Multifamily Units 5

Building Details

Year Built 1980
Listing Agency: Pioneer Realty
Listed By: Coletta Ray · License #18459
Source: Wendymiletarealtor
Added: Jan 23 Changed: Jul 27 Last Checked: Jul 30 at 12:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pioneer Realty

Investment Insights

Based on property information with market context.

This multifamily building consists of five units and is fully occupied, with all units currently rented. The seller pays the water for all five units. The property also benefits from newer major systems, with roofs under 10 years old and heating and cooling systems less than 10 years old.

Located at 2907 N Prince Street in Clovis, NM, the property offers straightforward residential income setup given its current occupancy and included water expense.

Key Highlights

  • Five‑unit multifamily with all units currently rented
  • Seller pays water service for all 5 units
  • Year built: 1980

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm HVAC Service Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

478
Businesses Nearby

Demographics for 88101, NM

45,651
Population
19,798
Households
2.3
Avg Household Size
33
Median Age
21%
College-Educated
82%
High-School Grad
539.3 sq mi
ZIP Area
85
Density / Sq Mi
$55,349
Median Household Income
$35,816
Median Earnings
$991
Median Rent
$162,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit multifamily property with all units currently rented and seller-paid water service.
Where is this apartment building located?
The property is located at 2907 N Prince Street Clovis, NM.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Five‑unit multifamily with all units currently rented; Seller pays water service for all 5 units; Year built: 1980
More about this property
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