501 S Avenue GPortales, NM 88130
Mortgage Calculator
Monthly Payment (Est.)
Enter an interest rate to see your estimated monthly payment.Offered at an asking price of $450,000, the property generates a compelling 6.77% cap rate, providing investors with immediate cash flow and long-term upside potential. Fully remodeled within the last five years, this six-unit property consists of three duplexes situated on a single lot and is 100% occupied as of February 2026. Featuring all 2-bedroom, 1-bathroom units, the property benefits from strong historical occupancy driven by its location less than a half-mile from Eastern New Mexico University, making it an attractive and proven student housing investment.
| 3 months ago | Listing updated with changes from the MLS | |
| 5 months ago | Status changed to Active | |
| 5 months ago | Listing first seen on site |
Listing information is provided by Participants of the Southwest MLS, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Southwest MLS, Inc..
Data last updated at: 2026-10-26 11:20 AM UTC
501 S Avenue GPortales, NM 88130
Mortgage Calculator
Monthly Payment (Est.)
Enter an interest rate to see your estimated monthly payment.Offered at an asking price of $450,000, the property generates a compelling 6.77% cap rate, providing investors with immediate cash flow and long-term upside potential. Fully remodeled within the last five years, this six-unit property consists of three duplexes situated on a single lot and is 100% occupied as of February 2026. Featuring all 2-bedroom, 1-bathroom units, the property benefits from strong historical occupancy driven by its location less than a half-mile from Eastern New Mexico University, making it an attractive and proven student housing investment.
| 3 months ago | Listing updated with changes from the MLS | |
| 5 months ago | Status changed to Active | |
| 5 months ago | Listing first seen on site |
Listing information is provided by Participants of the Southwest MLS, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Southwest MLS, Inc..
Data last updated at: 2026-10-26 11:20 AM UTC
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