This property is no longer available. Similar buildings are listed below.
Value-add
$392,500
5-Unit Multifamily in El Paso, TX
TX · listed May 29, 2026 (152 days)
Price per unit compared
This property$79K
Within ~40 mi (26)$85K
Texas median (1,029)$100K
- $/unit
- $78,500
- ▼ 21% vs TX · 30th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 5
- 1957
Financials
- Asking price
- $392,500
- Price per unit
- $78,500
- Price per sq ft
- $192
- 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
- 5
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 1957
- Building size
- 2,048 sq ft
- Avg unit size
- 410 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- May 29, 2026
- Days on market
- 152 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1220
About this property
Check out this 5-unit investment property ideally located near downtown and in close proximity to UTEP. Three of the five units have been recently remodeled, featuring new mini-split systems, updated flooring, and fresh interior and exterior paint. The property also offers additional storage space, adding value for both tenants and owners. With significant improvements already completed and upside potential remaining, this is a great opportunity for investors looking to expand their portfolio in a high-demand rental area. 24 hour notice showing notice.
Multi-family
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 El Paso, TXValue-add | $2.85M | $84K$84K | — |
 El Paso, TXValue-add | $650K | $65K$65K | — |
 El Paso, TXStabilized | $695K | $99K$99K | — |
 El Paso, TXNew | $799K | $50K$50K | — |
 El Paso, TXStabilized | $550K | $69K$69K | — |
 El Paso, TXValue-add | $1.2M | $109K$109K | — |