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1515 W 18th Street, Portales, NM 88130

Local realty services provided by:CENTURY 21 Dunagan Associates
1515 W 18th Street,Portales, NM 88130
$495,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: melinda wilkinson
Office: keller williams realty - cl/ho
MLS#:20256251
Source:NM_RANM

Price summary

  • Price:$495,000

About this home

ATTENTION INVESTORS! Great opportunity to own an eight-door apartment complex with consistently low turnover. Each unit features one bedroom, one bathroom, and a large walk-in closet. Kitchens come equipped with an electric range and refrigerator. Building 1 has a metal roof, while Building 2 features a composition roof. Utilities are separately metered, and tenants pay their own utilities. Each apartment offers central heat and air plus covered porches for added comfort. The property also includes 20 concrete block storage units (each approximately 10x10) with concrete foundations and metal roofs—a great additional income source or tenant amenity. Situated on a large lot with room to expand, this property offers excellent potential for future growth. Call today for more information!

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Home facts

  • Listing ID #:20256251
  • Added:91 day(s) ago
  • Updated:January 23, 2026 at 05:03 PM

Heating and cooling

  • Cooling:Central Air, Electric, Refrigerated
  • Heating:FORCED AIR

Structure and exterior

  • Roof:Metal, Pitched, Shingle
  • Lot area:0.92 Acres

Utilities

  • Water:Meters (Water Separate), Water-City
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$495,000
  • Tax amount:$4,143 (2025)

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