$491,000

1500 S Avenue G Portales, NM 88130

Estimated payment $3,027/month

Total Views 14,083
4 Beds
4 Baths
3,780 Sq Ft
$130 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Lindsey-Steiner Elementary School Rated A-
  • 1-Story Property
  • Ceiling Fan

About This Home

Introducing a Unique Ownership Opportunity – Brand New 4-Plex Available for Purchase! Embrace the chance to own a brand new 4-plex. Each 4-plex unit offers a 2-bedroom, 2-bathroom layout. Each unit will come fully equipped with brand new kitchen appliances as well as a washer and dryer. Located just 3 blocks from Eastern New Mexico University, this property presents a good investment for those looking to cater to the student community. It is also a convenient location for the Cannon Air Force Base.What sets this property apart is its construction features designed for energy efficiency and durability. Additionally, every unit comes with a fenced backyard, offering a private outdoor space for relaxation, gatherings, or personal enjoyment.

Listing Agent

Illeana Griego

SOUTHWEST REAL ESTATE License #REC-2024-0003 Listed on: 01/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,219

Year Built

  • Built in 2024

Lot Details

  • 9,900 Sq Ft Lot
  • Fenced
  • Xeriscape Landscape

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 3,780 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Concrete Flooring
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • 8 Open Parking Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Separate Meters
  • Master Water Meter
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 100000000491101

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,219

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Year Built: 2024
  • Reso Property Sub Type: Multi Unit 2-4
  • Prop. Type: Residential Income
  • ResoLaundryFeatures: Yes, Laundry-Individual
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Flooring: Concrete
  • Reso Interior Features: Ceiling Fan(s)
  • Unit Levels: One
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Disposal, Microwave, Free-Standing Range, Refrigerator, Washer, Electric Water Heater
  • Total Bedrooms: 4

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced, Fence
  • Acres: 0.2273
  • Construction Type: Brick
  • Exterior Features: Sidewalk

Garage/Parking

  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Electric: Meters(Electric Separate)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • HeatingYN: Yes
  • Water Source: Meters(Water Combined)

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Lot Info

  • Lot Size Sq Ft: 9900
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 100000000491101

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4219.16

Multi Family

  • Number Of Units Total: 4
  • Building Area Units: Square Feet

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $99 $3,919 $3,919 $0
2023 $99 $12,200 $12,200 $0
2022 $297 $12,200 $12,200 $0
2021 $596 $24,495 $6,043 $18,452
2020 $581 $23,782 $5,494 $18,288
2019 $564 $23,089 $4,801 $18,288
2018 $549 $22,417 $4,129 $18,288
2017 $533 $21,764 $3,476 $18,288
2016 $527 $21,131 $2,843 $18,288
2015 $516 $20,515 $2,060 $18,455
2011 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2025 01/13/25 For Sale $491,000 -- $130 / Sq Ft
Source: New Mexico MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,400,000 Construction
Closed $45,000 Construction
Source: Public Records

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Source: New Mexico MLS

MLS Number: 20250223

New Mexico MLS

APN: 100000000491100