1 / 516-Unit Multifamily in El Paso, TX
El Paso County, TX · listed Sep 14, 2026 (43 days)
- $/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.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
El Paso, TX▼ 18% cut | $700K | $117K$117K | — |
El Paso, TXNew | $690K | $86K$86K | — |
El Paso, TXStabilized | $640K | $80K$80K | — |
El Paso, TXNew | $799K | $50K$50K | — |
El Paso, TXHigh yieldStabilized | $450K | $64K$64K | 8.3% |
El Paso, TX | $470K | $94K$94K | — |





