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Clovis, NM Multifamily Homes & Duplexes for Sale

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  • /18

    $119,900

    • 1,978 Sq Ft

    1016 Rencher St, Clovis, NM 88101

    Two homes on one lot! Perfect for investors or house-hackers! Both houses together are currently bringing in $1150 a month, with some room to go up! Recent improvements include updated stucco, a new roof, and more! Live in one and rent out the other, or rent both for solid income potential!

    Illeana Griego SOUTHWEST REAL ESTATE

    1016 Rencher St, Clovis, NM 88101
  • /18

    $365,000

    • 2 Baths
    • 2,124 Sq Ft

    120 Chisum Dr, Clovis, NM 88101

    Well-designed, income-producing duplex offering two bedrooms and two bathrooms in each unit. Both units feature a single-car garage, private laundry room, and pantry, providing convenience and functionality. Quality upgrades throughout include spray foam insulation for energy efficiency, durable LVP flooring, and electric vehicle plug-ins. The primary bedroom includes a large walk-in closet,

    Daniel Blair HOMESPOT REAL ESTATE, LLC

    120 Chisum Dr, Clovis, NM 88101
  • /20

    $290,000

    • 2,808 Sq Ft

    1316 Ash St, Clovis, NM 88101

    Great Investment Property! Each unit is 2 bedroom and 2 full bath upstairs with a guest bath downstairs. Both have double car garage! Both units are rented now! Call today to schedule your showing.

    Robin Myers SOUTHWEST REAL ESTATE

    1316 Ash St, Clovis, NM 88101
  • /14

    $79,650

    3600 Sheridan St, Clovis, NM 88101

    Opportunity awaits! This property is zoned Residential Multi-Family and currently has a very nice brick building with a metal roof that is set up for use as a Church.

    Margaret Ivanescu REALTY ONE GROUP CONCIERGE

    3600 Sheridan St, Clovis, NM 88101
  • /15

    $99,900

    • 1,504 Sq Ft

    1020-1020 1/2 W 8th St, Clovis, NM 88101

    Investment Opportunity! This property offers two rental units on one lot, making it an excellent income-producing investment. The main house is a 2-bedroom, 1-bath home currently leased for $700 per month. Behind it sits a 1-bedroom, 1-bath guest house that rents for $630 per month. Both homes are situated on a corner lot, providing tenants with their own space and privacy. With reliable rental

    Johan Rascon Chavez Better Homes & Gardens Real Estate Experience

    1020-1020 1/2 W 8th St, Clovis, NM 88101
  • /8

    $2,640,000

    3509 Adenmor Ct, Clovis, NM 88101

    Discover an exceptional investment property at 3509/3517 Adenmor Court and 813 Laurelwood in thriving Clovis, New Mexico. These impressive multi-family complexes feature three distinct buildings, each housing twelve well designed one-bedroom, one-bathroom units—totaling 36 residential spaces primed for consistent rental income. Recent renovations have elevated the property's appeal, enhancing

    GAYLA BRUMFIELD Tbg Realtors

    3509 Adenmor Ct, Clovis, NM 88101
  • /9

    $57,900

    • 2 Baths
    • 1,886 Sq Ft

    701 Sheldon St, Clovis, NM 88101

    Hello, Investment!! Want to build your investment portfolio!? Here you have not 1, but 2 properties! Front house is 3 bed, 1 bath and the back house is 2 bed, 1 bath. With some work, creativity and a dreamers brain you have the canvas for the perfect addition or start to an investment!

    Yuri Perales Better Homes & Gardens Real Estate Experience

    701 Sheldon St, Clovis, NM 88101
  • /21

    $195,000

    • 2,403 Sq Ft

    1445 Axtell St, Clovis, NM 88101

    Looking to invest? Interested in multigenerational living? Check this one out! This well-maintained multifamily property is a cash-flow gem, offering multiple units in one convenient location- perfect for investors or owner-occupants looking to offset costs with rental income. Unit 1- Spacious 3-bedroom 1-bath layout and off-street parking. Unit 2- Private 1-bedroom 1-bath unit with single car

    Meghan Foote RE/MAX FIRST PLACE REALTORS CLOVIS

    1445 Axtell St, Clovis, NM 88101
  • /2

    $322,000

    • 1,854 Sq Ft

    2625 Aldrich Rd, Clovis, NM 88101

    Secure your investment now on this 2 bed, 2 bath duplex set to be completed by November. Perfect for living in one unit while renting the other or leasing both for strong cash flow. Modern layouts and brand-new systems mean minimal upkeep and maximum profit potential.

    Illeana Griego SOUTHWEST REAL ESTATE

    2625 Aldrich Rd, Clovis, NM 88101
  • /2

    $322,000

    • 1,854 Sq Ft

    2621 Aldrich Rd, Clovis, NM 88101

    Secure your investment now on this 2 bed, 2 bath duplex set to be completed by November. Perfect for living in one unit while renting the other or leasing both for strong cash flow. Modern layouts and brand-new systems mean minimal upkeep and maximum profit potential.

    Illeana Griego SOUTHWEST REAL ESTATE

    2621 Aldrich Rd, Clovis, NM 88101
  • /12

    $475,000

    • 3 Beds
    • 3 Baths
    • 2,450 Sq Ft

    2512 E 14th St, Clovis, NM 88101

    Newly Built Income Producing Triplex: 2 Bed Units with Modern Finishes, Fully equipped with Appliances & In-Unit Laundry (washer and dryer included). Each unit is identical to the next and they have so much to offer as an investment and to the tenants or air bib guests! The opportunities with this triplex is full of potential and is immediate cash flow ready! This is a clean, low maintenance and

    Yuri Perales Better Homes & Gardens Real Estate Experience

    2512 E 14th St, Clovis, NM 88101
  • /10

    $475,000

    • 2,450 Sq Ft

    2514 E 14th St, Clovis, NM 88101

    Newly Built Income Producing Triplex: 2 Bed 1 bath Units with Modern Finishes, fully equipped with appliances and in unit washer and dryer. This is a clean, beautiful and turn key income producing property to add to your investment portfolio or to get you started on investing. Low-maintenance construction and strong rental potential make this a smart addition to any portfolio! Want to add another

    Yuri Perales Better Homes & Gardens Real Estate Experience

    2514 E 14th St, Clovis, NM 88101
  • /32

    $625,000

    • 1 Bath

    913 Gidding St, Clovis, NM 88101

    Have you been looking for a Multifamily Investment! Have a look! Remodel - Done. New Roof - Done. Newer appliances - Done. Heating and Air Conditioning - Done. FULL OCCUPANCY - Done and Done. This place is turn key in Clovis, complete with new flooring, paint, and a modern feel. Start your ownership of this property with revenue streaming in on day 1. 913 Gidding also offers two additional

    JAKE PARR JBM REALTY GROUP

    913 Gidding St, Clovis, NM 88101
  • /24

    $185,000

    • 1 Bed
    • 1 Bath
    • 3,193 Sq Ft

    515 E 7th St, Clovis, NM 88101

    4 unit Multi Family property, one unit currently vacatn Each unit rents for between $575-$600 each - good cash flow!

    Katharine Fly SAGEBRUSH REAL ESTATE

    515 E 7th St, Clovis, NM 88101

Why Live in Clovis

Clovis, located in eastern New Mexico, is a city with a rich history and vibrant culture. Established as a railroad town in 1906, it has grown into a community of 38,000 residents with strong ties to agriculture, the railroad, and military services, thanks to the nearby Cannon Air Force Base. Clovis is known for its musical heritage, with the Clovis Rock ‘n’ Roll Museum and Norman Petty’s recording studio, which hosted legends like Buddy Holly and Roy Orbison. The city hosts events such as the annual Draggin’ Main, featuring classic cars and retro music, and the Pioneer Days PRCA Rodeo with bull riding and bronco riding. Home styles in Clovis range from minimal traditional and ranch-style homes to new traditional Craftsman-style homes. Hillcrest Park, one of the largest parks, offers an aquatic center, sports fields, and a dog park, while Hillcrest Park Zoo, the second-largest zoo in New Mexico, houses 63 species. The dining scene on Prince Street features authentic Mexican and New Mexican cuisine, and downtown offers bars, craft breweries, and food trucks. Clovis is accessible via Highway 60 and Highway 70, with Clovis Area Transit providing local transportation. The Clovis Municipal School District is highly rated, and higher education is available at Clovis Community College and Wayland Baptist University. The city enjoys warm summers, cool winters, and an average of 355 sunny days per year. Crime rates have held steady, with efforts to increase police presence and safety measures.

Home Trends in Clovis, NM

Housing Trends

Median Sale Price
$108,712
Median Single Family Sale Price
$127,000
Average Price Per Sq Ft
$100
Number of Homes for Sale
19
Last 12 months Home Sales
28
Months of Supply
8.10
Median List Price
$107,500
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
12%
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