9-Unit Multifamily in El Paso, TX
El Paso County, TX · listed Oct 21, 2026 (7 days)
- $/unit
- $52,778
- ▼ 47% vs TX · 7th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 9
- 1950
Financials
- Asking price
- $475,000
- Price per unit
- $52,778
- Price per sq ft
- $119
- 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
- 9
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 1950
- Building size
- 3,978 sq ft
- Avg unit size
- 442 sq ft
- Lot size
- 0.14 acres
- Condition
- Not stated
Deal terms
- Owner financing
- Available
Listing
- Listed
- Oct 21, 2026
- Days on market
- 7 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2245
About this property
Multi-family property located at the corner of Rio Grande Ave and Octavio St. Fantastic investment opportunity which consists of 9 well-maintained units, all zoned for apartments, making it an ideal option for residential rental income or office space. With its prime location, residents enjoy easy access to local shops, schools, while also being just a short drive from downtown El Paso and major transportation routes.
The building is situated in a high-demand rental area, offering both convenience and potential for long-term growth. Each unit is unique featuring functional layouts that can cater to a variety of tenants. With 9 units available, this property is perfect for an investor looking to expand their portfolio or an owner-occupant interested in managing a small apartment community. New water heaters have been installed.
Don't miss this great opportunity to own a property in an up-and-coming area of El Paso. Owner FINANCE is available.
1101 E Rio Grande, 79902
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 El Paso, TXNew | $799K | $50K$50K | — |
 El Paso, TXValue-add | $650K | $65K$65K | — |
 El Paso, TXValue-add | $2.85M | $84K$84K | — |
 El Paso, TXValue-add | $1.2M | $109K$109K | — |
 El Paso, TXStabilized | $550K | $69K$69K | — |
 El Paso, TXStabilized | $695K | $99K$99K | — |