12-Unit Multifamily in El Paso, TX
TX · listed Oct 11, 2026 (17 days)
- $/unit
- $72,917
- ▼ 27% vs TX · 26th pct
- Cap rate
- 7.5%
- ▲ 0.2 pts vs TX median
- Gross yield
- —
- Units
- 12
Financials
- Asking price
- $875,000
- Price per unit
- $72,917
- Price per sq ft
- Not stated
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- 7.5%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 12
- Unit mix
- 10 (1 Bed / 1 Bath) + 2 (2 Bed / 1 Bath)
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 11, 2026
- Days on market
- 17 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- City only
- Listing #
- 1235
About this property
🏢 12-UNIT APARTMENT COMPLEX — CENTRAL EL PASO 🏢 📍 (address on request) 💰 Asking: $875,000 — only $72,917 per unit 12-unit courtyard complex right behind El Paso High School, minutes from downtown and UTEP. Strong rental corridor, stable cash flow, and real upside. THE NUMBERS • 12 units — 10 (1 Bed / 1 Bath) + 2 (2 Bed / 1 Bath) • ±7,692 SF, built 1965 • Estimated ARV: $1,600,000 • Estimated cap rate: 7.5% | GRM: 9.2 WHY THIS ONE WORKS ✅ Solid brick & stone construction ✅ Roof replaced in 2023 ✅ Below-market rents = built-in value-add, room to raise NOI ✅ Separate light & gas meters for every unit ✅ On-site laundry room = extra income ✅ Fully fenced corner lot, no side neighbors ✅ Rear paved parking + detached storage Perfect buy-and-hold for a landlord looking for cash flow with upside in a prime central location. Serious investors only. DM me "VRAIN" for the full breakdown, or call/text.
Location
Somewhere in El Paso. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
El Paso, TXStabilized | $600K | $55K$55K | — |
El Paso, TXStabilized | $640K | $80K$80K | — |
El Paso, TXStabilized | $1.28M | $80K$80K | — |
El Paso, TXNewValue-add | $650K | $54K$54K | 7% |
El Paso, TXNew | $455K | $91K$91K | — |
El Paso, TX▼ 18% cut | $700K | $117K$117K | — |





