501 South Avenue G

501 South Avenue G, Portales, NM 88130

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Property Information

  • For Sale $450,000
  • Property Type Multi-Family
  • Property Size 6,300 SF
  • Units 6
  • Lot Size 0.48 Acre
  • Cap Rate % 6.84
  • Date Updated Sep 8, 2026

Description

  • 100% Occupied as of July 2026
  • Strong Historical Student Occupancy
  • All 2-Bedroom 1-Bath units
  • Less than 1/2 mile from ENMU Campus
  • Complete Remodel as of the last 5 years
  • Three duplexes on one lot
  • Each unit has a designated Carport 
  • ($75,000/Unit) 

Contacts

Location

  • 60/100 Somewhat Walkable
  • 54/100 Bikeable
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