MULTIFAMILYRADAR
5-Unit Multifamily in El Paso, TX, photo 1
Stabilized
$439,950

5-Unit Multifamily in El Paso, TX

TX · listed Sep 25, 2026 (33 days)

Price per unit compared
This property$88K
Within ~40 mi (33)$73K
Texas median (1,196)$92K
$/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.

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