
7-Unit Multifamily in El Paso, TX
TX · listed Aug 1, 2026 (88 days)
- $/unit
- $64,286
- ▼ 30% vs TX · 25th pct
- Cap rate
- 8.3%
- ▲ 0.9 pts vs TX median
- Gross yield
- —
- Units
- 7
- 1927
Financials
- Asking price
- $450,000
- Price per unit
- $64,286
- Price per sq ft
- $132
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- 8.3%
- Gross yield
- Not stated
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 7
- Unit mix
- 3-bedroom main residence along with six additional on-site rental units
- Buildings
- Not stated
- Year built
- 1927
- Building size
- 3,400 sq ft
- Avg unit size
- 486 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Aug 1, 2026
- Days on market
- 88 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1247
About this property
This unique income-producing property offers an unbeatable combination of location, versatility, and cash-flow potential. Instant access to I-10, and just minutes from Downtown and UTEP, the property is ideally positioned for strong rental demand from students, professionals, and long-term tenants alike. Close proximity to shopping, dining, hospitals, and entertainment further enhances its long-term value. The property features a spacious 3-bedroom main residence along with six additional on-site rental units, creating multiple income streams on a single property. All rental units have been recently remodeled, offering updated interiors that help minimize maintenance while maximizing tenant appeal. Whether you're looking to expand your investment portfolio, house hack by living in a unit while collecting rental income, or own a turnkey multifamily asset, this property presents an outstanding opportunity. 100% occupied, the property generates $4800 of monthly rent offering an attractive CAP rate of 8.3%!
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
El Paso, TXStabilized | $400K | $67K$67K | — |
El Paso, TX | $470K | $94K$94K | — |
El Paso, TXValue-add | $1.2M | $109K$109K | — |
El Paso, TXNew | $690K | $86K$86K | — |
El Paso, TXNewValue-add | $650K | $54K$54K | 7% |
El Paso, TXValue-add | $305K | $61K$61K | 5% |





