1 / 811-Unit Multifamily in El Paso, TX
TX · listed Jul 22, 2026 (98 days)
- $/unit
- $109,091
- ▲ 9% vs TX · 55th pct
- Cap rate
- —
- NOI
- $107K
- $9,709/unit/yr
- Units
- 11
- 2 bldg · 1914
Financials
- Asking price
- $1,200,000
- Price per unit
- $109,091
- Price per sq ft
- $153
- Gross rent / year
- Not stated
- Net operating income
- $106,800
- NOI per unit
- $9,709
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 11
- Unit mix
- 3 one-bedroom, 6 two-bedroom, and 2 three-bedroom units
- Buildings
- 2
- Year built
- 1914
- Building size
- 7,861 sq ft
- Avg unit size
- 715 sq ft
- Lot size
- 0.24 acres
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jul 22, 2026
- Days on market
- 98 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1418
About this property
A rare opportunity to acquire a completely renovated, move-in-ready multifamily asset in Central El Paso. This solid brick, single-story 11-unit residential complex — featuring 3 one-bedroom, 6 two-bedroom, and 2 three-bedroom units, plus a dedicated on-site office — sits on a well-positioned corner lot with excellent street visibility. Every unit has been completely updated with new flooring, paint, kitchens, bathrooms, lighting, appliances, heating, and cooling, with renovations on track for completion by early September 2026. A shared central courtyard gives residents a welcoming outdoor space to relax and gather, adding a resident-friendly amenity that's hard to find in this price point.
Potential NOI: $106,800
Highlights
- 11 Units plus On-site Office
- Completely Renovated Complex
- Potential NOI: $106,800
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
El Paso, TXHigh yieldStabilized | $450K | $64K$64K | 8.3% |
El Paso, TXNew | $799K | $50K$50K | — |
El Paso, TXValue-add | $650K | $65K$65K | — |
El Paso, TX | $470K | $94K$94K | — |
El Paso, TXNew | $690K | $86K$86K | — |
El Paso, TXNewValue-add | $650K | $54K$54K | 7% |





