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    Portales, NM
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    Portales, NM Multifamily Properties for Sale

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    Albuquerque, NM Rio Rancho, NM Santa Fe, NM
    Eight-Door Apartment Complex in Portales
    $495,000
    0.92 Acres

    Eight-Door Apartment Complex in Portales

    1515 W 18th Street, Portales, NM 88130

    Eight-unit apartment complex with storage, expansion potential, and owner financing.

    • Eight‑door apartment complex with consistently low turnover.
    • 20 concrete block storage units provide additional income or tenant amenity.
    • Separate utility meters for each unit, tenants pay their own utilities.
    • Each unit has central heat and air plus covered porches.
    • Large lot with room to expand offers excellent potential for future growth.
    Updated: Oct 29, 2025
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    Acreage with Two Homes, Stalls
    $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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    Portales Multifamily Property For Sale
    $102,515
    0.07 Acres

    Portales Multifamily Property For Sale

    Multifamily property in Portales, NM, ideal for residential income.

    121-123 N E Avenue, Portales, NM 88130
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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 12 Potential Opportunities for your consideration. Besides 4 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.

    Well-Maintained Triplex on Corner Lot
    $209,900
    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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    Shallowater Investment Opportunity
    $400,000
    3,328 SF

    Shallowater Investment Opportunity

    Four homes on a spacious lot, great investment opportunity.

    807 Avenue L, Shallowater, TX 79363
    View details
    Shallowater Triplex Investment Opportunity
    $195,000
    2,052 SF

    Shallowater Triplex Investment Opportunity

    Triplex in high demand Shallowater area with solid rental history.

    510 Avenue G, Shallowater, TX 79363
    View details
    Clovis Multifamily Investment Opportunity
    $109,900
    1,978 SF

    Clovis Multifamily Investment Opportunity

    Two homes on one lot, ideal for investors.

    1016 Rencher Street, Clovis, NM 88101
    View details

    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.

    Residential Land in Lubbock, TX
    $44,999
    1.62 Acres

    Residential Land in Lubbock, TX

    1.62-acre property suitable for residential use, mobile homes allowed.

    210 Venita Avenue, Lubbock, TX 79416
    View details
    Spacious Lots Near Airport I-27
    $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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    Residential Land in Seminole, TX
    $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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    Land in Avalon Estates, Seminole
    $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
    View details

    Portales, NM Multifamily Properties Investment Opportunities Market Analysis

    Explore 4 multifamily properties for sale in Portales, NM, showcased through 4 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.

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    Most Searched ZIP Codes in Portales, NM

    • 88130

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