Homes for Sale in 88130 Zip Code (Portales, NM)
2 houses, condos and townhomes for sale in zip code 88130, Portales, NM, updated from the MLS every 10 minutes. Also browse homes for rent in 88130. Market snapshot, schools and communities: 88130 real estate overview.
See 2 homes recently sold in 88130.
LET'S GET MOVING!! SUPER home in need of a NEW OWNER TODAY! Close to local shopping, Schools, EZ access to anywhere in town! Please go see today, SUBMIT THAT OFFER. AndLET'S GET MOVING!!!
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.
Daria Derebera
Real Estate Broker in Albuquerque, NM
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