1 / 25-Unit Multifamily in El Paso, TX
TX · listed Jun 22, 2026 (128 days)
- $/unit
- $61,000
- ▼ 39% vs TX · 15th pct
- Cap rate
- 5%
- ▼ 2.3 pts vs TX median
- NOI
- $15K
- $3,073/unit/yr
- Units
- 5
- 1901
Financials
- Asking price
- $305,000
- Price per unit
- $61,000
- Price per sq ft
- $96
- Gross rent / year
- Not stated
- Net operating income
- $15,365
- NOI per unit
- $3,073
- Cap rate
- 5%
- 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
- 1901
- Building size
- 3,186 sq ft
- Avg unit size
- 637 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jun 22, 2026
- Days on market
- 128 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1252
About this property
DO NOT DISTURB TENANTS PLEASE. Charming 1900s home, converted into fully rented apartments prior to 1977, generating $3,100 a month in rental income. Convenient off-street parking is available through the back alley, providing easy access for tenants. A storage building and shed are included in the sale, adding additional value and convenience. This property is an excellent investment opportunity, blending historic charm with consistent rental income. There is some TLC needed and we have inspection reports available for review. Don't miss out on this rare opportunity! Ask your agent for the 3D tours
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 El Paso, TXNew | $799K | $50K$50K | — |
 El Paso, TXValue-add | $650K | $65K$65K | — |
 El Paso, TXValue-add | $2.85M | $84K$84K | — |
 El Paso, TXStabilized | $695K | $99K$99K | — |
 El Paso, TXValue-add | $1.2M | $109K$109K | — |
 El Paso, TXStabilized | $550K | $69K$69K | — |