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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
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 \| 2,811 sq.ft.	$469,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.5% Airbnb Rental Income: $null Traditional Rental Income: $1905 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 8.61% Airbnb Rental Income: $null Traditional Rental Income: $2226 Airbnb ROI: N/A Traditional ROI: 8.61%
1220 Oakwood Circle Portales, NM This home is immaculate inside and out. The front offers a welcoming porch perfect for enj...	3 beds \| 2 baths \| 1,877 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.51% Airbnb Rental Income: $null Traditional Rental Income: $2405 Airbnb ROI: N/A Traditional ROI: 6.51%
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.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.25% Airbnb Rental Income: $null Traditional Rental Income: $2571 Airbnb ROI: N/A Traditional ROI: 6.25%
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.	$205,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.25% Airbnb Rental Income: $null Traditional Rental Income: $2614 Airbnb ROI: N/A Traditional ROI: 11.25%
522 E 1st Street Portales, NM This charming three-bedroom, one-bath home is move-in ready and perfectly located in a qui...	3 beds \| 1 baths \| 1,337 sq.ft.	$129,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.39% Airbnb Rental Income: $null Traditional Rental Income: $1226 Airbnb ROI: N/A Traditional ROI: 7.39%
1128 Aquarius Drive Portales, NM Roomy Home in a Quiet Portales Cul-de-Sac! NEW ROOF! Tucked away in a low-traffic cul-de-...	3 beds \| 2 baths \| 1,739 sq.ft.	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 9% Airbnb Rental Income: $null Traditional Rental Income: $2440 Airbnb ROI: N/A Traditional ROI: 9%
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: N/A Traditional cash on cash: 9.11% Airbnb Rental Income: $null Traditional Rental Income: $2333 Airbnb ROI: N/A 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%
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: N/A Traditional cash on cash: 6.31% Airbnb Rental Income: $null Traditional Rental Income: $1462 Airbnb ROI: N/A Traditional ROI: 6.31%
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.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.16% Airbnb Rental Income: $null Traditional Rental Income: $2341 Airbnb ROI: N/A Traditional ROI: 10.16%
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.	$227,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.62% Airbnb Rental Income: $null Traditional Rental Income: $2159 Airbnb ROI: N/A Traditional ROI: 7.62%
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: N/A Traditional cash on cash: 8.36% Airbnb Rental Income: $null Traditional Rental Income: $2156 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 7.14% Airbnb Rental Income: $null Traditional Rental Income: $2216 Airbnb ROI: N/A Traditional ROI: 7.14%
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: N/A Traditional cash on cash: 10.79% Airbnb Rental Income: $null Traditional Rental Income: $2062 Airbnb ROI: N/A Traditional ROI: 10.79%
320 E 17th Lane Portales, NM Roof was just replaced with Class 4 Impact Shingles! HVAC System was just changed. This ho...	2 beds \| 3 baths \| 3,068 sq.ft.	$329,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.9% Airbnb Rental Income: $null Traditional Rental Income: $2695 Airbnb ROI: N/A Traditional ROI: 6.9%
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.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.69% Airbnb Rental Income: $null Traditional Rental Income: $3263 Airbnb ROI: N/A Traditional ROI: 3.69%
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: N/A Traditional cash on cash: 7.81% Airbnb Rental Income: $null Traditional Rental Income: $2185 Airbnb ROI: N/A 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.	$189,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.72% Airbnb Rental Income: $null Traditional Rental Income: $2469 Airbnb ROI: N/A Traditional ROI: 11.72%
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.	$144,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.09% Airbnb Rental Income: $null Traditional Rental Income: $1679 Airbnb ROI: N/A Traditional ROI: 10.09%
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: N/A Traditional cash on cash: 9.44% Airbnb Rental Income: $null Traditional Rental Income: $1588 Airbnb ROI: N/A Traditional ROI: 9.44%
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: N/A Traditional cash on cash: 7.7% Airbnb Rental Income: $null Traditional Rental Income: $2201 Airbnb ROI: N/A Traditional ROI: 7.7%
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: N/A Traditional cash on cash: 3.97% Airbnb Rental Income: $null Traditional Rental Income: $2664 Airbnb ROI: N/A Traditional ROI: 3.97%
550 S Roosevelt Rd N 1/2 Portales, NM Nestled on a peaceful 10-acre spread, this beautifully updated 3-bedroom, 2-bath farmhouse...	3 beds \| 2 baths \| 1,696 sq.ft.	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.28% Airbnb Rental Income: $null Traditional Rental Income: $2255 Airbnb ROI: N/A Traditional ROI: 8.28%
548 A Nm 88 Highway Portales, NM Charming Country Home Southeast of Portales - Just Under 3,000 Sq Ft! Step into comfort an...	3 beds \| 2 baths \| 2,888 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.92% Airbnb Rental Income: $null Traditional Rental Income: $2878 Airbnb ROI: N/A Traditional ROI: 7.92%
71 Nm 467 Highway Portales, NM Farmhouse vibes close to town. Welcome to 71 NM 467. Don't let the square footage fool you...	3 beds \| 3 baths \| 1,636 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.28% Airbnb Rental Income: $null Traditional Rental Income: $2157 Airbnb ROI: N/A Traditional ROI: 10.28%
1124 E 3rd Street Portales, NM Great Home on 3rd Street - Move-In Ready and Full of Character Located close to the High S...	3 beds \| 2 baths \| 2,054 sq.ft.	$214,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.37% Airbnb Rental Income: $null Traditional Rental Income: $2509 Airbnb ROI: N/A Traditional ROI: 10.37%
205 Floyd Golden Circle Portales, NM This home is a JEWEL-just waiting for someone to put the finishing touches on it and resto...	3 beds \| 3 baths \| 2,550 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.89% Airbnb Rental Income: $null Traditional Rental Income: $2753 Airbnb ROI: N/A Traditional ROI: 9.89%
408 E 17th Lane Portales, NM Spanning over 3,800 sq. ft., this home offers the perfect balance of space for entertainin...	4 beds \| 2 baths \| 3,707 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.49% Airbnb Rental Income: $null Traditional Rental Income: $2621 Airbnb ROI: N/A Traditional ROI: 5.49%
754a S Roosevelt Rd Q Portales, NM 2.524 Acre Property with Two Homes, Covered Stalls & Room to Expand - Near Portales & ENMU...	N/A beds \| N/A baths \| 1,024 sq.ft.	$141,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.68% Airbnb Rental Income: $null Traditional Rental Income: $1362 Airbnb ROI: N/A Traditional ROI: 7.68%
8168 Nm 206 Highway Portales, NM Nestled on nearly 10 sprawling acres of picturesque land, this expansive 5,800+ home offer...	5 beds \| 6 baths \| 5,999 sq.ft.	$549,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.66% Airbnb Rental Income: $null Traditional Rental Income: $6325 Airbnb ROI: N/A Traditional ROI: 10.66%
412 N Ave A Portales, NM BEAUTIFUL AND READY FOR YOU! This home is 2 bedrooms and 2 baths and could be just the ri...	2 beds \| 2 baths \| 1,360 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.9% Airbnb Rental Income: $null Traditional Rental Income: $1999 Airbnb ROI: N/A Traditional ROI: 9.9%
300 E 16th Street Portales, NM Welcome to this beautifully maintained 3-bedroom, 2-bath home situated on an extra-large c...	3 beds \| 2 baths \| 1,880 sq.ft.	$278,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.07% Airbnb Rental Income: $null Traditional Rental Income: $2428 Airbnb ROI: N/A Traditional ROI: 7.07%
1515 W 18th Street Portales, NM ATTENTION INVESTORS! Great opportunity to own an eight-door apartment complex with consist...	N/A beds \| N/A baths \| N/A	$495,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.07% Airbnb Rental Income: $null Traditional Rental Income: $1435 Airbnb ROI: N/A Traditional ROI: 1.07%
902,902a S Roosevelt Road S Road Portales, NM Perched on a small hill just a few miles from the city limits. Gorgeous, SCENIC night view...	3 beds \| 2 baths \| 1,452 sq.ft.	$209,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.57% Airbnb Rental Income: $null Traditional Rental Income: $2136 Airbnb ROI: N/A Traditional ROI: 8.57%
2221 Boxwood Circle Portales, NM **Charming single-story brick home featuring 4 spacious bedrooms and 3 bathrooms. Enjoy ab...	4 beds \| 3 baths \| 1,967 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.03% Airbnb Rental Income: $null Traditional Rental Income: $2651 Airbnb ROI: N/A Traditional ROI: 8.03%
312 E 17th St Portales, NM Discover this beautifully maintained brick home located in the highly sought-after Mesa ne...	3 beds \| 2 baths \| 2,071 sq.ft.	$279,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.56% Airbnb Rental Income: $null Traditional Rental Income: $2531 Airbnb ROI: N/A Traditional ROI: 7.56%

Real Estate investment in Portales, NM

There are 43 properties for sale in the city of Portales . The median list price in Portales is $192,000 and the average price per square foot is $95. In December 2025, the average monthly cash on cash return in Portales is 10.00%. The average monthly rental income in Portales is $2,193.

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

There are 43 investment properties available for sale in Portales.

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

The ROI for Short-Term is higher than the Long-Term in Portales with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Portales, NM

1809 S Roosevelt Rd 8

Portales, NM

3 beds | 3 baths | 2,811 sq.ft.

$469,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.5%

Airbnb Rental Income: $null

Traditional Rental Income: $1905

Airbnb ROI: N/A

Traditional ROI: 2.5%

1219 Gemini Circle

Portales, NM

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

$219,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.61%

Airbnb Rental Income: $null

Traditional Rental Income: $2226

Airbnb ROI: N/A

Traditional ROI: 8.61%

1220 Oakwood Circle

Portales, NM

3 beds | 2 baths | 1,877 sq.ft.

$299,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.51%

Airbnb Rental Income: $null

Traditional Rental Income: $2405

Airbnb ROI: N/A

Traditional ROI: 6.51%

2120 S Roosevelt Rd 4 Lane

Portales, NM

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

$325,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.25%

Airbnb Rental Income: $null

Traditional Rental Income: $2571

Airbnb ROI: N/A

Traditional ROI: 6.25%

2104 S Ave H Avenue

Portales, NM

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

$205,000

Airbnb cash on cash: N/A

Traditional cash on cash: 11.25%

Airbnb Rental Income: $null

Traditional Rental Income: $2614

Airbnb ROI: N/A

Traditional ROI: 11.25%

522 E 1st Street

Portales, NM

3 beds | 1 baths | 1,337 sq.ft.

$129,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.39%

Airbnb Rental Income: $null

Traditional Rental Income: $1226

Airbnb ROI: N/A

Traditional ROI: 7.39%

1128 Aquarius Drive

Portales, NM

3 beds | 2 baths | 1,739 sq.ft.

$229,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9%

Airbnb Rental Income: $null

Traditional Rental Income: $2440

Airbnb ROI: N/A

Traditional ROI: 9%

2004 Aspen

Portales, NM

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

$217,500

Airbnb cash on cash: N/A

Traditional cash on cash: 9.11%

Airbnb Rental Income: $null

Traditional Rental Income: $2333

Airbnb ROI: N/A