MULTIFAMILYRADAR
10-Unit Multifamily in El Paso, TX, photo 11 / 21
Value-add
$650,000

10-Unit Multifamily in El Paso, TX

TX · listed Jul 13, 2026 (107 days)

Price per unit compared
This property$65K
Within ~40 mi (25)$86K
Texas median (1,029)$100K
$/unit
$65,000
▼ 35% vs TX · 18th pct
Cap rate
—
 
Gross yield
—
 
Units
10
1920

Financials

Asking price
$650,000
Price per unit
$65,000
Price per sq ft
$134
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
10
Unit mix
10 one-bedroom, one-bathroom units
Buildings
Not stated
Year built
1920
Building size
4,848 sq ft
Avg unit size
485 sq ft
Lot size
Not stated
Condition
Value-add

Deal terms

Owner financing
Not stated

Listing

Listed
Jul 13, 2026
Days on market
107 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1225

About this property

Excellent investment opportunity featuring 10 one-bedroom, one-bathroom units across two separate buildings in the heart of Central El Paso. One building offers 4 units, while the second consists of 6 units. Each unit is equipped with its own individual electric meter, helping reduce owner utility expenses. The property offers a mix of hardwood and tile flooring, with portable A/C units throughout. Currently, 6 units are leased to long-term tenants, providing immediate rental income, while 4 vacant units present an excellent opportunity to increase cash flow through new leases or rental rate adjustments. Conveniently located near schools, shopping, restaurants, and major roadways, this property is ideal for investors seeking a value-add asset with strong income potential in a desirable Central El Paso location. Property is being sold as-is. Currently accepting offers.

Location

Approximate area. The exact address is shared on request.

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