$419,900
- 3 Beds
- 3 Baths
- 3,184 Sq Ft
1517 W 18th St, Portales, NM 88130
BEATRICE MONTANEZ YOUR 1st CHOICE 4 REALTY
$419,900
1517 W 18th St, Portales, NM 88130
BEATRICE MONTANEZ YOUR 1st CHOICE 4 REALTY
$250,000
674 S Roosevelt Road T, Portales, NM 88130
Edgar Garcia Better Homes & Gardens Real Estate Experience
$105,000
413 S Avenue A, Portales, NM 88130
Edgar Garcia Better Homes & Gardens Real Estate Experience
$491,000
1500 S Avenue G, Portales, NM 88130
Illeana Griego SOUTHWEST REAL ESTATE
$491,000
1504 S Avenue G, Portales, NM 88130
Illeana Griego SOUTHWEST REAL ESTATE
$135,000
601 W 1st St, Portales, NM 88130
Meghan Foote RE/MAX FIRST PLACE REALTORS CLOVIS
$95,000
113 & 115.5 E 5th St, Portales, NM 88130
Daniel Blair HOMESPOT REAL ESTATE, LLC
$102,515
121-123 N E Ave, Portales, NM 88130
BETTY BOLIN SAGEBRUSH REAL ESTATE
$89,900
723 N Avenue M, Portales, NM 88130
Katharine Fly SAGEBRUSH REAL ESTATE
Portales, NM, a small city near the Texas border, is characterized by its agricultural roots and the influence of Eastern New Mexico University (ENMU) and Cannon Air Force Base. With a population that swells from 12,000 to 17,000 during the school year, the city has a significant number of renters. The downtown area features the Roosevelt County Courthouse, an Art Deco building, and a mix of businesses including secondhand stores, western wear shops, and eateries like the Courthouse Cafe and Roosevelt Brewing Company. Portales hosts several community events such as the Peanut Valley Festival, Heritage Days Parade, and the Roosevelt County Fair. ENMU adds to the local culture with sports events and attractions like the Blackwater Draw Museum. Housing in Portales includes one-story homes with brick or stucco exteriors, set along wide streets without sidewalks. The city offers several parks and is close to Oasis State Park, which provides hiking, camping, and fishing opportunities. For more extensive entertainment options, residents often travel to nearby Clovis. Highway 70 connects Portales to Cannon Air Force Base and Clovis, both under 20 miles away, and Lubbock, Texas, 100 miles away. The climate is marked by hot summers, cold winters, and occasional droughts, with water restrictions sometimes in place.
On average, homes in Portales, NM sell after 86 days on the market compared to the national average of 52 days. The median sale price for homes in Portales, NM over the last 12 months is $130,000, down 31% from the median home sale price over the previous 12 months.
In Portales, there are currently 9 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $89,900 to $491,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Portales is $165,000, while the average sale price is $157,310, offering insights into the local housing market. On average, multi-family homes spend 86 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Portales, NM.