MULTIFAMILYRADAR
16-Unit Multifamily in El Paso, TX, photo 11 / 5
Stabilized
$1,280,000

16-Unit Multifamily in El Paso, TX

El Paso County, TX · listed Sep 14, 2026 (43 days)

Price per unit compared
This property$80K
Within ~40 mi (25)$86K
Texas median (1,029)$100K
$/unit
$80,000
▼ 20% vs TX · 31st pct
Cap rate
—
 
Gross yield
—
 
Units
16
2 bldg · 1956

Financials

Asking price
$1,280,000
Price per unit
$80,000
Price per sq ft
$171
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
16
Unit mix
Not stated
Buildings
2
Year built
1956
Building size
7,472 sq ft
Avg unit size
467 sq ft
Lot size
0.48 acres
Condition
Stabilized

Deal terms

Owner financing
Not stated

Listing

Listed
Sep 14, 2026
Days on market
43 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
2044

About this property

A rare chance to own two upgraded, income‑producing properties in El Paso’s historic Nations Ave / Five Points district. 2626 and (address on request) offer strong cash flow, modern improvements, and unbeatable flexibility for investors or developers in a rapidly revitalizing neighborhood.

(address on request) features 10 units with upgraded electrical, energy‑efficient double‑pane windows, refrigerated air, fresh interior updates, and two fully renovated unit. All units are in great condition and performing well.

(address on request) adds even more value with upgraded electrical, new double‑pane windows, and interior touch‑ups.

Together, these properties deliver prime location, solid rents, and major upside potential.

16 unit, recent upgrades, turnkey property

Highlights

Two adjacent properties — rare dual‑parcel control in a high occupancy area

Strong rental income — 16 units with upside potential for increased income

Modern electrical upgrades — improved reliability and reduced future capital expenses across both properties

Energy‑efficient windows — double‑pane installations at both addresses for lower utility costs and better tenant comfort

Refrigerated air — a major value add in the El Paso market

Interior improvements — multiple refreshed units plus one fully renovated unit showcasing upgrade potential

Stable occupancy — turnkey cash flow

Prime central location — minutes from Alameda Ave, Memorial Park, and core El Paso amenities

Flexible exit strategies — ideal for buy‑and‑hold, redevelopment, multi‑generational use, or portfolio expansion

Location

Approximate area. The exact address is shared on request.

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