Residential Income

Clovis, NM Residential Income Properties for Sale

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Texico, NM Portales, NM Farwell, TX Bovina, TX
Renovated 6-Unit Apartment Building
Updated: Jul 21
Renovated 6-Unit Apartment Building

1000 Ash St, Clovis, NM 88101

$499,900
4,950 sqft
Fully stabilized 6‑plex with 4 units (2 bed/1 bath) and 2 units (1 bed/1 bath)
Quality roof installed in 2019
Units are individually metered for gas, electric, and water
Exterior recently painted
Renovations in each unit include updated kitchens, new flooring, baseboards, lighting, and other interior updates
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Clovis, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 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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22-Space RV & Mobile Home Park
22-Space RV & Mobile Home Park

746 S Roosevelt Rd R 1/2, Portales, NM 88130

$454,000

Developed park with utility-served sites, rental homes, and additional acreage for horses or livestock.

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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:
No data
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322 Main St
Multifamily properties

322 Main St, Clovis, NM 88101

Estimated value:
No data
7,000 sqft
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1561 Us Hy 60-84
Land

1561 Us Hy 60-84, Clovis, NM 88101

Estimated value:
No data
9.03 AC lot
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1070 Curry Rd
Land

1070 Curry Rd, Clovis, NM 88101

Estimated value:
No data
20.21 AC lot
View details

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 4,950 square feet of properties for sale, with an estimated market value of $499,900.

Sale prices for residential income properties in Clovis, NM average $499,900 — 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 3
Apartment buildings 1
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 $265K

Taxes & Financing

Average Loan-to-Value 65.0%

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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