Real Estate Investment Properties for Sale in Portales, NM

Looking for investment property in Portales, NM with high ROI ?

Explore a variety of short-term homes & houses in Portales, NM. Invest wisely with VRBO & Portales, NM Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Portales, NM

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2115 S Avenue G Portales, NM Welcome home to this fully remodeled gem hidden away in the beautiful city of Portales. T...	4 beds \| 3 baths \| 3,300 sq.ft.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.76% Airbnb Rental Income: $null Traditional Rental Income: $3175 Airbnb ROI: N/A Traditional ROI: 6.76%
2217 Boxwood Circle Portales, NM Welcome to this beautifully maintained 3-bedroom, 2-bath brick home located on a spacious ...	3 beds \| 2 baths \| 1,766 sq.ft.	$255,900	Airbnb cash on cash: 2.45% Traditional cash on cash: 7.58% Airbnb Rental Income: $1520 Traditional Rental Income: $2316 Airbnb ROI: 2.45% Traditional ROI: 7.58%
1809 S Roosevelt Rd 8 Portales, NM This stunning home is one of the best in the area, sitting on ten acres of land ideal for ...	3 beds \| 3 baths \| 2,800 sq.ft.	$469,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 2.5% Airbnb Rental Income: $1520 Traditional Rental Income: $1905 Airbnb ROI: 0.62% Traditional ROI: 2.5%
1219 Gemini Circle Portales, NM Welcome to 1219 Gemini Circle. This traditional ranch style home is located near local sch...	3 beds \| 2 baths \| 1,612 sq.ft.	$219,900	Airbnb cash on cash: 3.09% Traditional cash on cash: 8.61% Airbnb Rental Income: $1520 Traditional Rental Income: $2226 Airbnb ROI: 3.09% Traditional ROI: 8.61%
2120 S Roosevelt Rd 4 Lane Portales, NM ASSUMABLE 2.875% RATE! This move-in ready 3 bed, 2.5 bath 2110 sf home on 2.6 acres blends...	3 beds \| 3 baths \| 2,110 sq.ft.	$369,000	Airbnb cash on cash: 1.08% Traditional cash on cash: 5.39% Airbnb Rental Income: $1520 Traditional Rental Income: $2571 Airbnb ROI: 1.08% Traditional ROI: 5.39%
2104 S Ave H Avenue Portales, NM Charming Mid-Century Ranch in Portales with Recent Updates! This classic mid-century ranch...	3 beds \| 3 baths \| 2,044 sq.ft.	$225,000	Airbnb cash on cash: 2.97% Traditional cash on cash: 10.18% Airbnb Rental Income: $1520 Traditional Rental Income: $2614 Airbnb ROI: 2.97% Traditional ROI: 10.18%
1625 S Ave. B Portales, NM Looking for your dream kitchen? Look no further! This beautiful open concept home has a sp...	3 beds \| 2 baths \| 2,320 sq.ft.	$245,000	Airbnb cash on cash: 2.41% Traditional cash on cash: 8.47% Airbnb Rental Income: $1520 Traditional Rental Income: $2480 Airbnb ROI: 2.41% Traditional ROI: 8.47%
2004 Aspen Portales, NM Welcome to this well maintained home with bonus workshop room! Featuring durable tile floo...	3 beds \| 2 baths \| 1,980 sq.ft.	$217,500	Airbnb cash on cash: 3.02% Traditional cash on cash: 9.11% Airbnb Rental Income: $1520 Traditional Rental Income: $2333 Airbnb ROI: 3.02% Traditional ROI: 9.11%
1317 SOUTH AVENUE G Portales, NM Invest with success and buy through Auction.com. This bank-owned investment property is a ...	N/A beds \| N/A baths \| N/A	$144,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.92% Airbnb Rental Income: $null Traditional Rental Income: $857 Airbnb ROI: N/A Traditional ROI: 3.92%
109 Wb Cox Road Portales, NM If you ever wanted to live in the country, this is your place with a large home on 7.1 acr...	3 beds \| 2 baths \| 2,176 sq.ft.	$385,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 4.02% Airbnb Rental Income: $1520 Traditional Rental Income: $2177 Airbnb ROI: 0.97% Traditional ROI: 4.02%
417 Monticello Parkway Portales, NM Welcome home to this charming two bedroom, two bathroom home that offers a delightful blen...	2 beds \| 2 baths \| 1,178 sq.ft.	$185,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 6.31% Airbnb Rental Income: $549 Traditional Rental Income: $1462 Airbnb ROI: -0.47% Traditional ROI: 6.31%
508 S Ave A Portales, NM This charming home is conveniently located near downtown shopping, dining, and the univers...	2 beds \| 1 baths \| 1,028 sq.ft.	$105,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 4.92% Airbnb Rental Income: $549 Traditional Rental Income: $769 Airbnb ROI: 0.01% Traditional ROI: 4.92%
1504 S Avenue G Portales, NM Introducing a Unique Ownership Opportunity - Brand New 4-Plex Available for Purchase! Embr...	4 beds \| N/A baths \| 3,780 sq.ft.	$491,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.47% Airbnb Rental Income: $null Traditional Rental Income: $2077 Airbnb ROI: N/A Traditional ROI: 2.47%
1500 S Avenue G Portales, NM Introducing a Unique Ownership Opportunity - Brand New 4-Plex Available for Purchase! Emb...	4 beds \| N/A baths \| 3,780 sq.ft.	$491,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.47% Airbnb Rental Income: $null Traditional Rental Income: $2077 Airbnb ROI: N/A Traditional ROI: 2.47%
1316 S Avenue A Avenue Portales, NM Welcome to your new home in Portales, NM! Nestled on a generous corner lot, this charming ...	3 beds \| 2 baths \| 2,437 sq.ft.	$215,000	Airbnb cash on cash: 2.94% Traditional cash on cash: 9.15% Airbnb Rental Income: $1520 Traditional Rental Income: $2341 Airbnb ROI: 2.94% Traditional ROI: 9.15%
1300 S Main Avenue Portales, NM This home is truly a showstopper with its tasteful updates and unique features. The open f...	3 beds \| 2 baths \| 1,936 sq.ft.	$239,000	Airbnb cash on cash: 2.41% Traditional cash on cash: 7.2% Airbnb Rental Income: $1520 Traditional Rental Income: $2159 Airbnb ROI: 2.41% Traditional ROI: 7.2%
248 Nm 267 Highway Portales, NM Come take a look at this wonderful home on the outskirts of the Portales City limits, dire...	3 beds \| 2 baths \| 1,844 sq.ft.	$225,000	Airbnb cash on cash: 3.3% Traditional cash on cash: 8.36% Airbnb Rental Income: $1520 Traditional Rental Income: $2156 Airbnb ROI: 3.3% Traditional ROI: 8.36%
259 S Roosevelt Road Z Road Portales, NM Very Unique Property!! Cute 2 story Bungalow Home with 2 living areas, 2 bathrooms and 3 b...	3 beds \| 2 baths \| 2,024 sq.ft.	$260,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 7.14% Airbnb Rental Income: $1520 Traditional Rental Income: $2216 Airbnb ROI: 2.5% Traditional ROI: 7.14%
608 E 17th St Portales, NM If space and custom built amenities are what you're looking for, this is the home for you!...	4 beds \| 3 baths \| 3,800 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.5% Airbnb Rental Income: $null Traditional Rental Income: $2895 Airbnb ROI: N/A Traditional ROI: 5.5%
845 S Roosevelt Rd S Portales, NM BEAUTIFUL HORSE PROPERTY WITH ACREAGE! You do not want to miss this unique place with a la...	4 beds \| 3 baths \| 4,980 sq.ft.	$479,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.77% Airbnb Rental Income: $null Traditional Rental Income: $2898 Airbnb ROI: N/A Traditional ROI: 4.77%
1661 S Roosevelt Road 6 Road Portales, NM This is a house in the process of becoming amazing! Price is as - is but as time passes mo...	3 beds \| 2 baths \| 1,648 sq.ft.	$165,000	Airbnb cash on cash: 4.53% Traditional cash on cash: 10.79% Airbnb Rental Income: $1520 Traditional Rental Income: $2062 Airbnb ROI: 4.53% Traditional ROI: 10.79%
1819 S Roosevelt Rd 8 Portales, NM This is the beautiful country home on acreage you've been looking for! This spacious home ...	4 beds \| 3 baths \| 2,746 sq.ft.	$429,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.41% Airbnb Rental Income: $null Traditional Rental Income: $2780 Airbnb ROI: N/A Traditional ROI: 5.41%
1810 S Main Place Portales, NM Wonderful, very well maintained home that is ready for new ownership. This home was remode...	3 beds \| 2 baths \| 1,787 sq.ft.	$215,000	Airbnb cash on cash: 3.39% Traditional cash on cash: 8.77% Airbnb Rental Income: $1520 Traditional Rental Income: $2175 Airbnb ROI: 3.39% Traditional ROI: 8.77%
320 E 17th Lane Portales, NM Walking into a bit of paradise! As you enter the front door you are greeted by an open fl...	2 beds \| 3 baths \| 3,068 sq.ft.	$345,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 6.55% Airbnb Rental Income: $549 Traditional Rental Income: $2695 Airbnb ROI: -0.94% Traditional ROI: 6.55%
507 E 16th Street Portales, NM THE BARN. Everyone knows it and everyone loves it! Meticulously crafted, this 4052 square...	2 beds \| 4 baths \| 4,052 sq.ft.	$649,000	Airbnb cash on cash: -1.61% Traditional cash on cash: 3.33% Airbnb Rental Income: $549 Traditional Rental Income: $3263 Airbnb ROI: -1.61% Traditional ROI: 3.33%
2142 S Roosevelt Rd. 2 1/2 Portales, NM This farmhouse has great space inside and out. Over 2000 sq. of living space including fo...	4 beds \| 2 baths \| 2,074 sq.ft.	$260,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.13% Airbnb Rental Income: $null Traditional Rental Income: $2521 Airbnb ROI: N/A Traditional ROI: 8.13%
691 Vans G Avenue Portales, NM Two homes on one property! Home well taken care of home. Lots of improvements, new window...	3 beds \| 2 baths \| 1,680 sq.ft.	$250,000	Airbnb cash on cash: 3.12% Traditional cash on cash: 7.81% Airbnb Rental Income: $1520 Traditional Rental Income: $2185 Airbnb ROI: 3.12% Traditional ROI: 7.81%
620 W 6th Street Portales, NM NEW HVAC AND NEW ROOF RECENTLY INSTALLED! Welcome to this beautifully designed ranch-style...	3 beds \| 2 baths \| 2,265 sq.ft.	$199,000	Airbnb cash on cash: 3.74% Traditional cash on cash: 11.1% Airbnb Rental Income: $1520 Traditional Rental Income: $2469 Airbnb ROI: 3.74% Traditional ROI: 11.1%
120 N Indio Street Portales, NM Welcome to 120 N. Indio. This darling home has recently had a makeover. Located walking di...	3 beds \| 1 baths \| 1,174 sq.ft.	$145,900	Airbnb cash on cash: 5.65% Traditional cash on cash: 9.95% Airbnb Rental Income: $1520 Traditional Rental Income: $1679 Airbnb ROI: 5.65% Traditional ROI: 9.95%
1909 S Main Place Portales, NM This large, well-cared for home on a quiet, low-traffic street has much to offer! A gener...	3 beds \| 2 baths \| 1,787 sq.ft.	$194,000	Airbnb cash on cash: 3.48% Traditional cash on cash: 10.45% Airbnb Rental Income: $1520 Traditional Rental Income: $2362 Airbnb ROI: 3.48% Traditional ROI: 10.45%
1914 Nm 236 Road Portales, NM Find your new homestead here! Cute 3 bedroom 1 bath frame home with pretty front porch fac...	3 beds \| 1 baths \| 1,140 sq.ft.	$140,000	Airbnb cash on cash: 5.64% Traditional cash on cash: 9.44% Airbnb Rental Income: $1520 Traditional Rental Income: $1588 Airbnb ROI: 5.64% Traditional ROI: 9.44%
2112 Mockingbird Lane Portales, NM This one just FEELS like home and is a MUST SEE to appreciate! Wonderfully maintained wit...	4 beds \| 2 baths \| 1,889 sq.ft.	$270,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.08% Airbnb Rental Income: $null Traditional Rental Income: $2372 Airbnb ROI: N/A Traditional ROI: 7.08%
806 W 16th Street Portales, NM Valencia Apartments is a stabilized, 17-unit multifamily asset located just two blocks fro...	5 beds \| N/A baths \| 12,865 sq.ft.	$1,290,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.26% Airbnb Rental Income: $null Traditional Rental Income: $1932 Airbnb ROI: N/A Traditional ROI: 0.26%
213 N Ave Q Street Portales, NM Enjoy your Staycation! Stay at home and have a vacation. This home is a one of a kind tha...	3 beds \| 2 baths \| 2,511 sq.ft.	$369,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 5.72% Airbnb Rental Income: $1520 Traditional Rental Income: $2651 Airbnb ROI: 1.18% Traditional ROI: 5.72%
128 Crest Point Drive Portales, NM Attention VA Buyers! This home offers the rare opportunity to assume a VA loan at a 5.25% ...	3 beds \| 2 baths \| 1,899 sq.ft.	$269,900	Airbnb cash on cash: 2.17% Traditional cash on cash: 7.43% Airbnb Rental Income: $1520 Traditional Rental Income: $2417 Airbnb ROI: 2.17% Traditional ROI: 7.43%
1837 Quail-Wood Drive Portales, NM Built just two years ago, this 1,567 sq ft home offers modern comfort and an open-concept ...	3 beds \| 2 baths \| 1,567 sq.ft.	$235,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 7.7% Airbnb Rental Income: $1520 Traditional Rental Income: $2201 Airbnb ROI: 2.64% Traditional ROI: 7.7%
900 E Danube Street Portales, NM 900 E Danube St & 1114 N Elgin Ave, 2 homes on 1 lot, both are 2 bedrooms, 1 bath and have...	2 beds \| 1 baths \| 720 sq.ft.	$119,900	Airbnb cash on cash: -0.34% Traditional cash on cash: 8.26% Airbnb Rental Income: $549 Traditional Rental Income: $1263 Airbnb ROI: -0.34% Traditional ROI: 8.26%
178 New Mexico 267 Portales, NM Call today to see this well-built home featuring an impressive shop with a full bath, an i...	3 beds \| 3 baths \| 2,233 sq.ft.	$475,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 3.97% Airbnb Rental Income: $1520 Traditional Rental Income: $2664 Airbnb ROI: 0.41% Traditional ROI: 3.97%
1128 Aquarius Portales, NM Roomy Home in a Quiet Portales Cul-de-Sac! Tucked away in a low-traffic cul-de-sac, this ...	3 beds \| 2 baths \| 1,739 sq.ft.	$234,000	Airbnb cash on cash: 2.6% Traditional cash on cash: 8.45% Airbnb Rental Income: $1520 Traditional Rental Income: $2374 Airbnb ROI: 2.6% Traditional ROI: 8.45%
616 S Avenue B Portales, NM Fully remodeled home from top to bottom! This stunning 3 bed, 2 bath home has been complet...	4 beds \| 2 baths \| 1,650 sq.ft.	$189,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.84% Airbnb Rental Income: $null Traditional Rental Income: $2219 Airbnb ROI: N/A Traditional ROI: 9.84%

Real Estate investment in Portales, NM

There are 56 properties for sale in the city of Portales . The median list price in Portales is $218,700 and the average price per square foot is $102. In September 2025, the average monthly cash on cash return in Portales is 9.00%. The average monthly rental income in Portales is $2,218.

Portales, NM Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 56 investment properties available for sale in Portales.

In 2025, the best neighborhood to buy investment property is Portales.

The ROI for Long-Term is higher than the Short-Term in Portales with average rental income of $2,218.

Your search for investment property begins and ends here

Investment Property for Sale in Portales, NM

2115 S Avenue G

Portales, NM

4 beds | 3 baths | 3,300 sq.ft.

$379,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.76%

Airbnb Rental Income: $null

Traditional Rental Income: $3175

Airbnb ROI: N/A

Traditional ROI: 6.76%

2217 Boxwood Circle

Portales, NM

3 beds | 2 baths | 1,766 sq.ft.

$255,900

Airbnb cash on cash: 2.45%

Traditional cash on cash: 7.58%

Airbnb Rental Income: $1520

Traditional Rental Income: $2316

Airbnb ROI: 2.45%

Traditional ROI: 7.58%

1809 S Roosevelt Rd 8

Portales, NM

3 beds | 3 baths | 2,800 sq.ft.

$469,000

Airbnb cash on cash: 0.62%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $1520

Traditional Rental Income: $1905

Airbnb ROI: 0.62%

Traditional ROI: 2.5%

1219 Gemini Circle

Portales, NM

3 beds | 2 baths | 1,612 sq.ft.

$219,900

Airbnb cash on cash: 3.09%

Traditional cash on cash: 8.61%

Airbnb Rental Income: $1520

Traditional Rental Income: $2226

Airbnb ROI: 3.09%

Traditional ROI: 8.61%

2120 S Roosevelt Rd 4 Lane

Portales, NM

3 beds | 3 baths | 2,110 sq.ft.

$369,000

Airbnb cash on cash: 1.08%

Traditional cash on cash: 5.39%

Airbnb Rental Income: $1520

Traditional Rental Income: $2571

Airbnb ROI: 1.08%

Traditional ROI: 5.39%

2104 S Ave H Avenue

Portales, NM

3 beds | 3 baths | 2,044 sq.ft.

$225,000

Airbnb cash on cash: 2.97%

Traditional cash on cash: 10.18%

Airbnb Rental Income: $1520

Traditional Rental Income: $2614

Airbnb ROI: 2.97%

Traditional ROI: 10.18%

1625 S Ave. B

Portales, NM

3 beds | 2 baths | 2,320 sq.ft.

$245,000

Airbnb cash on cash: 2.41%

Traditional cash on cash: 8.47%

Airbnb Rental Income: $1520

Traditional Rental Income: $2480

Airbnb ROI: 2.41%

Traditional ROI: 8.47%

2004 Aspen

Portales, NM

3 beds | 2 baths | 1,980 sq.ft.

$217,500

Airbnb cash on cash: 3.02%

Traditional cash on cash: 9.11%

Airbnb Rental Income: $1520

Traditional Rental Income: $2333

Airbnb ROI: 3.02%