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    Portales, NM
    Residential Income

    Portales, NM Residential Income Properties for Sale

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    Morton, TX Bledsoe, TX
    Portales Multifamily Investment Opportunity
    Updated: Mar 2
    Portales Multifamily Investment Opportunity

    501 S Avenue G, Portales, NM 88130

    Contact for pricing
    6,300 sqft
    Acquisition Cap Rate: 6.77%
    100% Occupied as of February 2026
    Less than 1/2 mile from ENMU Campus
    All units are 2‑Bedroom 1‑Bath
    Complete Remodel as of the last 5 years
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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 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.

    Income-Producing Triplex
    Income-Producing Triplex

    1800 E 6th Street, Clovis, NM 88101

    Contact for pricing
    4,119 sqft

    Three-unit triplex with separate unit layouts and current monthly rental income.

    View details
    Four-Plex Residential Income Property
    Four-Plex Residential Income Property

    317 Gayland Drive, Clovis, NM 88101

    Contact for pricing
    3,249 sqft

    Well-maintained four-unit income property with long-term tenants and the ability to adjust monthly rents.

    View details
    Value-Add Apartment Community
    Value-Add Apartment Community

    1100 S Wicker Avenue, Littlefield, TX 79339

    Contact for pricing
    35,866 sqft

    Apartment community with 45 units and roughly 93% occupancy, offering room to increase NOI through rent adjustments.

    View details
    Littlefield Multifamily Investment Opportunity
    Littlefield Multifamily Investment Opportunity

    1100 S Wicker Avenue, Littlefield, TX 79339

    $2,400,000

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

    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.

    Farwell, TX 10-Acre Lots
    Farwell, TX 10-Acre Lots

    Farewell Farms, Farwell, TX 79325

    $45,000
    10.00 AC lot

    10-acre lots near Farwell, TX, owner financing available.

    View details
    Muleshoe, TX 10-Acre Lots
    Muleshoe, TX 10-Acre Lots

    Muleshoe Farms, Muleshoe, TX 79347

    $48,500
    10.00 AC lot

    10-acre lots near Muleshoe, TX, owner financing available.

    View details
    Land Available in Hereford, TX
    Land Available in Hereford, TX

    CO RD 7B, 7C, and 7D, Hereford, TX 79045

    Contact for pricing
    2.66 AC lot

    Unrestricted land lots suitable for home, shop, or grazing.

    View details
    Hereford TX Land For Sale
    Hereford TX Land For Sale

    E 15th Street, Hereford, TX 79045

    $189,900
    2.36 AC lot

    Land with multi-family zoning near Aquatic Center and local amenities.

    View details

    Portales, NM Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Portales, NM on our real estate platform. These investment opportunities span a total of 6,300 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1
    Multifamily properties 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) +1.0%
    Median Household Income $52,420
    College Educated 15.4%

    Taxes & Financing

    Tax Rate (average for all types) 2.62%
    Property Tax per SF $41.22 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

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