Residential Income

Clovis, NM Residential Income Properties for Sale

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Texico, NM Farwell, TX Melrose, NM Bovina, TX
12-Unit Apartment Building
Updated: Oct 14
12-Unit Apartment Building

117 Townsgate Plz, Clovis, NM 88101

$1,500,000
10,240 sqft
12 apartments, each with a 1‑bedroom, 1‑bathroom floor plan
10,240 square feet; built in 2007
In‑unit laundry in every apartment
Updated flooring, HVAC, and water heaters in many units
Adjacent lot has room for a matching complex
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1 active listing matches your search: Residential Income for sale in Clovis, NM. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 off-market properties to explore as potential leads.

Opportunities in Nearby Cities

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

Updated Duplex with Tenant Occupancy
Updated Duplex with Tenant Occupancy

400 Blevins, Hereford, TX 79045

$150,000
1,248 sqft 0.17 AC lot

Two occupied units offer an updated configuration with stucco construction, refreshed interiors, and replaced plumbing infrastructure.

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Duplex with Double Garages
Duplex with Double Garages

525 W 15th Street, Hereford, TX 79045

$259,000
2,552 sqft

Each residence offers a two-bedroom, two-bath layout with a double garage and separate living space.

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Portales Multifamily Investment Opportunity
Portales Multifamily Investment Opportunity

501 S Avenue G, Portales, NM 88130

$450,000
6,300 sqft

Three duplexes near ENMU campus, fully remodeled and occupied.

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

1701 W 2nd, Portales, NM 88130

$410,000
2,964 sqft

The site is within walking distance of Eastern New Mexico University, with six adjoining lots separately available.

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Off-Market Properties in Clovis, NM

Consider similar Off-Market properties in Clovis, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2200 Chapparal Ave
Multifamily properties

2200 Chapparal Ave, Clovis, NM 88101

Estimated value: by Request
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322 Main St
Multifamily properties

322 Main St, Clovis, NM 88101

Estimated value: by Request
7,000 sqft
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Clovis, NM Residential Income Properties Market Trends and Statistics

Explore 5 residential income properties for sale in Clovis, NM on our real estate platform. These investment opportunities span a total of 10,240 square feet of properties for sale, with an estimated market value of $1,500,000.

Sale prices for residential investment properties in Clovis, NM average $1,500,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 4
Apartment buildings 2
Duplexes 1
Triplexes 1

Demographics Overview

Population 45K
Population Growth (5Y) -3.9%
Median Household Income $55,349
College Educated 10.0%

High-Yield Neighborhoods for Investment

Identify Clovis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
88101 $1000K

Taxes & Financing

Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Clovis fall within the 10,000 to 25,000 square foot range.

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