Listed price in listed location currency (USD).
$450,000

210

MLS® 1104787

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 4872 sqft
Garage 
Taxes $2,735
Days Active 22
Lot Size 
Approx. Age 1977
Avg. Price Per Sqft $92
MLS® Number 1104787

Property Address: 501 S Avenue G, Portales, NM, 88130

Average square foot calculated using Size range provided by listing agent.

Description

Offered at an asking price of $450, 000, the property generates a compelling 6.77% cap rate, providing investors with immediate cash flow and long-term upside potential. Fully remodeled within the last five years, this six-unit property consists of three duplexes situated on a single lot and is 100% occupied as of February 2026. Featuring all 2-bedroom, 1-bathroom units, the property benefits from strong historical occupancy driven by its location less than a half-mile from Eastern New Mexico University, making it an attractive and proven student housing investment.
MLS® Number1104787
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1977
Basement
Driveway
Garage Spaces
HeatForced Air
A/CRefrigerated

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 4, 2026List Date
$450,000List Price
  • Commute

Commute

Starting Address
Destination Address
501 S Avenue G, Portales, NM

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties