MULTIFAMILYRADAR
8-Unit Multifamily in El Paso, TX, photo 1
Stabilized
$389,000

8-Unit Multifamily in El Paso, TX

TX · listed Aug 16, 2026 (73 days)

Price per unit compared
This property$49K
Within ~40 mi (33)$79K
Texas median (1,196)$92K
$/unit
$48,625
▼ 47% vs TX · 12th pct
Cap rate
—
 
Gross yield
—
 
Units
8
1951

Financials

Asking price
$389,000
Price per unit
$48,625
Price per sq ft
$177
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
Not stated
Occupancy
100%

As stated by the seller. Verify during due diligence.

Building

Units
8
Unit mix
Not stated
Buildings
Not stated
Year built
1951
Building size
2,193 sq ft
Avg unit size
274 sq ft
Lot size
Not stated
Condition
Stabilized

Deal terms

Owner financing
Not stated

Listing

Listed
Aug 16, 2026
Days on market
73 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
2153

About this property

Outstanding investment opportunity in the desirable Lower Valley of El Paso! This well-maintained 8-unit multifamily property is 100% occupied with long-term tenants, providing immediate and consistent cash flow from day one. The property's strong occupancy history reflects stable rental demand and dependable income potential, making it an excellent addition to any investment portfolio. Whether you're a seasoned investor looking to expand your holdings or entering the multifamily market, this property offers a rare combination of stability, proven performance, and long-term upside. Conveniently located near schools, shopping, restaurants, parks, and major thoroughfares, the property enjoys a prime location that continues to attract and retain tenants.

Location

Approximate area. The exact address is shared on request.

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