MULTIFAMILYRADAR
This property is no longer available. Similar buildings are listed below.
6-Unit Multifamily in El Paso, TX, photo 1
Stabilized
$399,500

6-Unit Multifamily in El Paso, TX

TX · listed Jul 22, 2026 (98 days)

Price per unit compared
This property$67K
Within ~40 mi (26)$85K
Texas median (1,029)$100K
$/unit
$66,583
▼ 33% vs TX · 20th pct
Cap rate
—
 
Gross yield
—
 
Units
6
1912

Financials

Asking price
$399,500
Price per unit
$66,583
Price per sq ft
$125
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
6
Unit mix
Not stated
Buildings
Not stated
Year built
1912
Building size
3,197 sq ft
Avg unit size
533 sq ft
Lot size
Not stated
Condition
Stabilized

Deal terms

Owner financing
Not stated

Listing

Listed
Jul 22, 2026
Days on market
98 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1688

About this property

Excellent investment opportunity in the heart of Downtown El Paso! This fully remodeled 6-unit multifamily property offers immediate income with all six units currently leased. Each unit has been tastefully updated and features energy-efficient mini-split heating and refrigerated air systems, modern finishes, and attractive living spaces that appeal to today's tenants. Situated in the historic Magoffin neighborhood just minutes from Downtown El Paso, UTEP, hospitals, the Medical Center, shopping, dining, entertainment, and the international bridges, this property enjoys a highly desirable rental location. Strong occupancy, updated interiors, and excellent proximity to major employers and transportation make this a turnkey investment with outstanding long-term potential. Don't miss this rare opportunity to own a fully occupied, income-producing multifamily property.

Location

Approximate area. The exact address is shared on request.

Similar buildings nearby

PropertyPrice$/unitCap
7-Unit Multifamily in El Paso, TXEl Paso, TX
High yieldStabilized
$450K$64K8.3%
11-Unit Multifamily in El Paso, TXEl Paso, TX
Value-add
$1.2M$109K—
5-Unit Multifamily in El Paso, TXEl Paso, TX$470K$94K—
8-Unit Multifamily in El Paso, TXEl Paso, TX
New
$690K$86K—
12-Unit Multifamily in El Paso, TXEl Paso, TX
NewValue-add
$650K$54K7%
16-Unit Multifamily in El Paso, TXEl Paso, TX
New
$799K$50K—