MULTIFAMILYRADAR
7-Unit Multifamily in El Paso, TX, photo 1
High yieldStabilized
$450,000

7-Unit Multifamily in El Paso, TX

TX · listed Aug 1, 2026 (88 days)

Price per unit compared
This property$64K
Within ~40 mi (33)$79K
Texas median (1,196)$92K
$/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.

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