# 1515 W 18th Street, Portales, NM 88130

> **TL;DR:** residential multi family, $495,000.
> A/C. Est. $2,145/mo. Listed 162 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $495,000 |
| Lot Size | 40,001 sqft (0.92 acres) |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 162 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,145 |
| **Total** | **$2,145** |

## Key Amenities

- A/C

## Property Highlights

- 0.92 acre lot

## Description

### Agent Description
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 roofsa 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 TERMS. Call today for more information!

## Location

- **Address:** 1515 W 18th Street, Portales, NM 88130
- **County:** Roosevelt County
- **Coordinates:** 34.171008, -103.350685
- **Google Maps:** https://www.google.com/maps?q=34.171008,-103.350685

## Listing Agent

- **Name:** Melinda Wilkinson
- **Brokerage:** Keller Williams Realty - Cl/Ho
- **Phone:** 5757997070
- **Email:** melindaw@kw.com

## Primary Photo

![1515 W 18th Street - Primary Photo](http://lh.rdcpix.com/3aa448ef59abf1c9fc03a04224f5985cl-f2776038559r.jpg)

*32 total photos available on [listing page](https://www.propertysimple.com/listing/1515-w-18th-street-portales-nm-88130-20256251)*

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**MLS#:** 20256251 | **Updated:** 2026-04-29
**Source:** listhub

*Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1515-w-18th-street-portales-nm-88130-20256251)

---

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