
5-Unit Multifamily in El Paso, TX
TX · listed Sep 25, 2026 (33 days)
- $/unit
- $87,990
- ▼ 5% vs TX · 47th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 5
- 1929
Financials
- Asking price
- $439,950
- Price per unit
- $87,990
- Price per sq ft
- $157
- 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
- 1929
- Building size
- 2,795 sq ft
- Avg unit size
- 559 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Sep 25, 2026
- Days on market
- 33 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2173
About this property
INVESTOR ALERT! 5 POTENTIAL INCOME-PRODUCING SPACES -- 4 units in the main structure PLUS a separate detached apartment in the rear! Currently tenant occupied with strong rental demand thanks to its central El Paso location and convenient access to US-54. Even better, the solar panels are fully paid off, helping keep monthly operating expenses lower. Located in historic Government Hill near Loretto Academy, this property sits on approximately 7,000 SF with R-3 zoning and offers an attractive opportunity for investors seeking multiple rental spaces in one centrally located property. The units are equipped with kitchen appliances and mini-split systems, and two of the units offer washer hookups. The main structure was previously configured as a multifamily layout and offers flexibility for an investor's vision.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
El Paso, TXNew | $455K | $91K$91K | — |
El Paso, TXStabilized | $389K | $49K$49K | — |
El Paso, TXNewValue-add | $650K | $54K$54K | 7% |
El Paso, TX | $470K | $94K$94K | — |
El Paso, TXHigh yieldStabilized | $450K | $64K$64K | 8.3% |
El Paso, TXStabilized | $400K | $67K$67K | — |





