1515 W 18th Street
Portales, NM 88130
--
Bed
0
Bath
40,000Sqft(Lot)
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. POSSIBLE OWNER FINANCNG W/ACCEPTABLE T
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Flooring Information
Carpet, Laminate, Vinyl -
Roofing Information
Metal, Shingle -
Interior Features
Walk-In Closet(s) Roof: Metal, Shingle Appliances: Free-Standing Range, Refrigerator, Electric Water Heater Laundry Features: None -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Electric, Central Air
-
Building Information
Construction Materials: Brick Stories: 1 Private Pool: No
-
Lot Information
Main Square Feet: 40000 Square Feet Lot Size Acres: 0.9183 Lot Size Square Feet: 40000
-
Listing Price Information
Listing Price: $495000 Cash, Conventional, Owner May Carry
-
Tax Information
Parcel Number: 100100000014900 Tax Year: 2025 Annual Tax: $4143.16 Tax Legal Desc: Subd: UNIV. HEIGHTS Block: 13 Lot: N 200' OF LOT 1
-
Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected -
Location Information
WaterSource: Public
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 754A S Roosevelt Rd Q, Portales, NM, 88130 | $141,000 | -- | 2 | 1,024 | 1,024 SqFt |
| 501 S Avenue G, Portales, NM, 88130 | $450,000 | 2 | 1 | 4,872 | 4,872 SqFt |
| 1712 W 17th Street, Portales, NM, 88130 | $360,000 | 2 | 2 | 2,175 | 2,175 SqFt |
| 674 S Roosevelt Road T .., Portales, NM, 88130 | $210,000 | -- | -- | -- |
Similar Multifamily To 1515 W 18th Street
Nearby For Sale
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the New Mexico Association of Realtors.
ByOwner last updated this listing 06/24/2026 @ 14:49
More Cities with for Sale by Owner Homes
- Portales Homes For Sale By Owner
- Clovis Homes For Sale By Owner
- Friona Homes For Sale By Owner
- Fort Sumner Homes For Sale By Owner
- Tatum Homes For Sale By Owner
- Dimmitt Homes For Sale By Owner
- Hereford Homes For Sale By Owner
- Tucumcari Homes For Sale By Owner
- Shallowater Homes For Sale By Owner
- Lovington Homes For Sale By Owner
- Logan Homes For Sale By Owner
- Roswell Homes For Sale By Owner
- Denver City Homes For Sale By Owner
- Dexter Homes For Sale By Owner
- Brownfield Homes For Sale By Owner
- Vega Homes For Sale By Owner
- Conchas Dam Homes For Sale By Owner
- Plainview Homes For Sale By Owner
- Hagerman Homes For Sale By Owner
- Happy Homes For Sale By Owner
Homes around $495,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.