
6-Unit Multifamily in El Paso, TX
TX · listed Jul 22, 2026 (98 days)
- $/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
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
El Paso, TXHigh yieldStabilized | $450K | $64K$64K | 8.3% |
El Paso, TXValue-add | $1.2M | $109K$109K | — |
El Paso, TX | $470K | $94K$94K | — |
El Paso, TXNew | $690K | $86K$86K | — |
El Paso, TXNewValue-add | $650K | $54K$54K | 7% |
El Paso, TXNew | $799K | $50K$50K | — |





