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1515 W 18th Street, 
Portales, NM 88130

$495,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Melinda Wilkinson

Keller Williams Realty - Cl/Ho

575-935-4040

Last updated:

November 5, 2025, 04:31 PM

MLS#

20256251

Source:

NM RANM

About This Home

1515 W 18th Street

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!

Home Facts

Multi-Family

Price Summary

495,000

MLS #:

20256251

Last Updated:

November 5, 2025, 04:31 PM

Added:

8 day(s) ago


Lot

Lot Size (Sq. Ft):

40,000


Finances & Disclosures

Finances

Price:

$495,000

Source:NM RANM
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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.