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Two-Home Multifamily Property
For Sale
$141,000

754A S Roosevelt Rd Q, Portales, NM 88130

Two single-wide homes and covered livestock stalls support residential and equestrian use.

Property SizeContact for details
Lot Size2.52 Acres
Days on Market40

Property Features for 754A S Roosevelt Rd Q

General Information

Standard status Active
Lot size 2.52 Acres
Property subtype Multi Family Home

Units

Unit Mix 1 x 2BR/2BA, 1 x 2BR/1BA
Multifamily Units 2

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $996

Amenities

covered stalls
RV/travel trailer hookup
central air conditioning

Building Details

Year Built 2002
Buildings 2
Stories 1
Units 2
Listing Agency: Buena Vista Realty
Listed By: Michael Terry · License #REC-2022-1245
Source: Southwestrealestate
Added: Jul 21 Changed: Aug 28 Last Checked: Aug 28 at 9:35AM

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 Buena Vista Realty

Investment Insights

Based on property information with market context.

This multifamily property includes two single-wide mobile homes on 2.524 acres. One residence has 2 bedrooms and 2 bathrooms, while the second offers 2 bedrooms and 1 bathroom. Both homes have central air conditioning, and the property includes a full RV/travel trailer hookup.

Equestrian and livestock improvements include eight covered stalls measuring 45' x 15' each. The acreage also provides room for an arena or riding area, subject to the buyer’s plans and applicable requirements. Blacktop road access connects the property with Portales and Eastern New Mexico University, both identified as nearby destinations. The property was built in 2002.

Key Highlights

  • Two single‑wide mobile homes: one with 2 bedrooms and 2 bathrooms, the other with 2 bedrooms and 1 bathroom
  • 2.524 acres with eight covered livestock stalls
  • Covered stalls measure 45' x 15' each

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Pharmacy Restaurant Electrical Service

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

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

69
Businesses Nearby

Demographics for 88130, NM

18,027
Population
7,985
Households
2.3
Avg Household Size
31
Median Age
22%
College-Educated
86%
High-School Grad
632.1 sq mi
ZIP Area
29
Density / Sq Mi
$52,420
Median Household Income
$29,958
Median Earnings
$865
Median Rent
$136,600
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?
Multifamily property - Two single-wide homes and covered livestock stalls support residential and equestrian use.
Where is this multifamily property located?
The property is located at 754A S Roosevelt Rd 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: Two single‑wide mobile homes: one with 2 bedrooms and 2 bathrooms, the other with 2 bedrooms and 1 bathroom; 2.524 acres with eight covered livestock stalls; Covered stalls measure 45' x 15' each
More about this property
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