$89,900
$5K PRICE DROP

723 N Avenue M Portales, NM 88130

Estimated payment $527/month

Total Views 1,014
2 Beds
1 Bath
1,792 Sq Ft
$50 Price per Sq Ft

Highlights

  • No HOA
  • Window Unit Cooling System
  • Laundry Facilities
  • Lindsey-Steiner Elementary School Rated A-
  • Electric Baseboard Heater
  • 1-Story Property

About This Home

Cute 2 bed room 1 bath duplex with living room with a fireplace and a small side yard on each yard. Large oversized lot with plenty of parking. Interesting all brick floors. Great income property at a very affordable price.

Listing Agent

Katharine Fly

SAGEBRUSH REAL ESTATE License #16616 Listed on: 07/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $571

Year Built

  • Built in 1983

Lot Details

  • 0.44 Acre Lot

Home Design

  • Brick Exterior Construction
  • Pitched Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Free-Standing Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Separate Meters
  • Individual Gas Meter
  • Master Water Meter
  • Gas Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 111000000604200z

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$571

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Year Built: 1983
  • Reso Property Sub Type: Multi Unit 2-4
  • Prop. Type: Residential Income
  • ResoLaundryFeatures: Yes
  • ResoSpecialListingConditions: Real Estate Owned
  • Unit Levels: One
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Features: Living Room
  • Appliances: Free-Standing Range, Gas Water Heater
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Metal, Pitched
  • Acres: 0.4362
  • Construction Type: Brick, Stucco

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Electric: Meters(Electric Separate)
  • Gas: Meters(Gas Separate)
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric Baseboard
  • HeatingYN: Yes
  • Water Source: Meters(Water Combined)

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 19000
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 111000000604200z

Tax Info

  • Year: 25
  • Tax Annual Amount: 571

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 750
  • Building Area Units: Square Feet

Map

Range of Values:

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Average Value
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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 $554 $21,862 $1,938 $19,924
2023 $554 $21,226 $1,890 $19,336
2022 $502 $20,608 $1,843 $18,765
2021 $487 $20,008 $1,775 $18,233
2020 $474 $19,425 $1,682 $17,743
2019 $461 $18,859 $1,592 $17,267
2018 $448 $18,310 $1,505 $16,805
2017 $436 $17,778 $1,421 $16,357
2016 $430 $17,259 $1,338 $15,921
2015 $409 $16,757 $1,259 $15,498
2011 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Price Changed $89,900 -5.4% $50 / Sq Ft
07/20/2025 07/20/25 For Sale $95,000 -- $53 / Sq Ft
Source: New Mexico MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 New Conventional
Closed $74,500 New Conventional
Source: Public Records

Source: New Mexico MLS

MLS Number: 20254178

New Mexico MLS

APN: 111000000604200