MULTIFAMILYRADAR
11-Unit Multifamily in El Paso, TX, photo 11 / 8
Value-add
$1,200,000

11-Unit Multifamily in El Paso, TX

TX · listed Jul 22, 2026 (98 days)

Price per unit compared
This property$109K
Within ~40 mi (25)$84K
Texas median (1,029)$100K
$/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.

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