Map of Property

501 South Avenue G

For Sale

501 South Avenue G, Portales, NM 88130

This Portales property for sale is located at 501 South Avenue G. The current listed sale price for 501 South Avenue G is $450,000. 501 South Avenue G is situated on a lot that is 0.48 acre in size.

Contacts

Luke Scarpa

NAI SunVista

Property Details

  • 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
  • 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) 
Want more info on this listing?

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Getting around

  • 60/100

    Walk Score ®

  • 54/100

    Bike Score ®

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Location

  • City Portales, NM
  • Zip Code 88130
  • Market Albuquerque

Points of Interest

  • Valero

    0.31 miles

  • C & S Diesel Express

    0.48 miles

  • Comfort Inn

    0.38 miles

  • Sands Motel

    0.39 miles

  • Classic American Economy Inn

    0.82 miles

  • Super 8 by Wyndham Portales

    0.94 miles

  • Holiday Inn Express & Suites Portales

    1.07 miles

  • Walmart Supercenter

    1.78 miles

Contact Listing Broker
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