Portales, NM Multifamily properties for sale

$141,000

1,024 SF

Acreage with Two Homes, Stalls

754A S Roosevelt Rd Q, Portales, NM 88130

2.524-acre property near Portales with two homes and covered stalls.

Two Homes Included: Great for rental income or multi‑generational living.
Equestrian/Livestock Ready: Featuring eight covered stalls and space for an arena.
Convenient Location: Close to Portales and Eastern New Mexico University (ENMU).
2.524 Acre Property: Enjoy space and privacy with room to expand.
Full RV Hookup: Added versatility for guests or personal use.

Updated: Aug 29, 2025

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$495,000

0.92 Acres

Eight-Unit Apartment Complex

1515 W 18th Street, Portales, NM 88130

One-bedroom units with central heat and air, separately metered utilities, and 20 on-site storage units.

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)

Updated: Oct 29, 2025

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Portales Multifamily Investment Opportunity

$450,000

6,300 SF

Portales Multifamily Investment Opportunity

Three duplexes near ENMU campus, fully remodeled and occupied.

501 S Avenue G, Portales, NM 88130

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Portales, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$2,400,000

Littlefield Multifamily Investment Opportunity

Value-add multifamily property in Littlefield, Texas with strong income performance.

1100 S Wicker Avenue, Littlefield, TX 79339

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Historic Multifamily and Short-Term Rental

$349,900

5,222 SF

Historic Multifamily and Short-Term Rental

Historic downtown Clovis property with a separate upstairs apartment and efficiency suite for flexible living and hosting.

520 N Mitchell Street, Clovis, NM 88101

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$199,900

1,997 SF

Well-Maintained Triplex on Corner Lot

Triplex near shopping and restaurants, excellent investment opportunity.

320 Ross Street, Clovis, NM 88101

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$275,000

5.96 Acres

Littlefield RV & Mobile Home Park

5.96-acre RV & mobile home park with expansion potential.

100 N Sunset Avenue, Littlefield, TX 79339

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$34,995

1.00 Acre

One Acre Lot in Anton

One acre lot in Anton, Texas, near Lubbock.

6861 N Bulldog, Anton, TX 79313

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$53,000

0.71 Acres

Spacious Lots Near Airport I-27

Two lots near airport and I-27, mobile homes allowed.

305 E Quinn Street, Lubbock, TX 79403

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$75,000

0.26 Acres

Residential Land in Seminole, TX

Two lots with mobile home utilities in Seminole, Texas.

800 NW 2nd St, Seminole, TX 79360

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$80,000

3.26 Acres

Land in Avalon Estates, Seminole

Residential land for sale in a quiet country setting.

County Rd 100 lot: 10, Seminole, TX 79360

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Portales, NM Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Portales, NM, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,324 square feet of properties for sale, with an estimated market value of $591,000.

Sale prices for multifamily properties in Portales, NM start at $141,000, averaging $295,500, and reaching up to $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
88130	$295.5K

Neighborhood

Average Price

88130

$295.5K