$650,000

Estimated payment $4,503/month

Total Views 1,778
-- Bed
-- Bath
4,848 Sq Ft
$134 Price per Sq Ft

About This Home

Excellent investment opportunity featuring 10 one-bedroom, one-bathroom units across two separate buildings in the heart of Central El Paso. One building offers 4 units, while the second consists of 6 units. Each unit is equipped with its own individual electric meter, helping reduce owner utility expenses. The property offers a mix of hardwood and tile flooring, with portable A/C units throughout. Currently, 6 units are leased to long-term tenants, providing immediate rental income, while 4 vacant units present an excellent opportunity to increase cash flow through new leases or rental rate adjustments. Conveniently located near schools, shopping, restaurants, and major roadways, this property is ideal for investors seeking a value-add asset with strong income potential in a desirable Central El Paso location. Property is being sold as-is. Currently accepting offers.

Listing Agent

Dayanna Flores

The Agency Real Estate and Propert Managent LLC License #0670603 Listed on: 07/13/2026

The Agency Real Estate and Propert Managent LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,161

Year Built

  • Built in 1920

Lot Details

  • 3,485 Sq Ft Lot
  • No Landscaping

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 4,848 Sq Ft Home
  • 2-Story Property
  • Gas Cooktop

Flooring

  • Wood
  • Laminate

Schools

  • Hart Elementary School
  • Guillen Middle School
  • Bowie High School

Additional Features

  • Outdoor Storage
  • Mobile Home is 10 Feet Wide
  • Window Unit Cooling System

Listing and Financial Details

  • The owner pays for gas, water
  • Assessor Parcel Number M02899908009700
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 10 Units
  • Magoffin Subdivision

Building Details

  • Operating Expense $12,343
  • Gross Income $77,001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,161

Year Built

Built in 1920

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1920
  • Subdivision Name: Magoffin
  • Mobile Length: 2
  • Mobile Width: 10
  • Location Tax Legal:Zoning2: R1
  • Location Tax Legal:Elementary School: Hart
  • Location Tax Legal:Middle School: Guillen
  • Location Tax Legal:High School: Bowie
  • Location Tax Legal:Apx Yearly Taxes: 11161.1
  • Location Tax Legal:Tax Year2: 2026
  • Location Tax Legal:Parcel ID: M02899908009700
  • General Property Info:Apx Acres2: 0.08
  • Water:City5: Yes
  • General Property Info:Apx SqFt LotLand2: 3650.0
  • General Property Info:Buildings Total: 2
  • General Property Info:Total Units: 10
  • General Property Info:Total Stories _pound_: 2
  • General Property Info:Flood Zone3: No
  • General Property Info:Handicap Access: No
  • General Property Info:Lead Paint Discl: No
  • Cooling:Window Unit(s): Yes
  • Rental Info:Yearly Lease: Yes
  • Flooring:Hardwood: Yes
  • Other Structures:Storage: Yes
  • Amenities:No Landscaping: Yes
  • Appliances Included:Gas Cooktop2: Yes
  • Flooring:Laminate4: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Laminate
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Roof: Flat
  • Acres: 0.08
  • Construction Type: Brick
  • ConstructionSiding:Roof Flat: Yes
  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features: On Street
  • Attached Garage: No
  • Parking:On Street: Yes

Utilities

  • Appliances: Refrigerator, Gas Cooktop
  • Cooling: Window Unit(s)
  • Heating: See Remarks
  • Utilities: All Utilities
  • Sewer: Public Sewer
  • Green Building Features: No Landscaping, None
  • Cooling Y N: Yes
  • Water Source: City
  • Heating:See Remarks5: Yes

Association/Amenities

  • Association Amenities:None3: Yes

Schools

  • Junior High Dist: El Paso
  • Middle Or Junior School: Guillen

Lot Info

  • Parcel Number: M02899908009700
  • Zoning: R1
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Gas, Water
  • Tenant Pays: Electricity

Tax Info

  • Year: 2026
  • Tax Annual Amount: 11161.1

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 77001.34
  • Annual Operating Expense: 12342.7

MLS Schools

  • Elementary School: Hart
  • HighSchool: Bowie

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $9,925 $422,180 $36,500 $385,680
2025 $9,925 $380,960 $36,500 $344,460
2024 $8,121 $380,960 $36,500 $344,460
2023 $8,121 $260,705 $36,500 $224,205
2022 $8,864 $299,440 $36,500 $262,940
2021 $9,203 $294,740 $36,500 $258,240
2020 $9,059 $294,740 $36,500 $258,240
2018 $9,019 $304,720 $36,500 $268,220
2017 $8,583 $304,720 $36,500 $268,220
2016 $8,244 $292,680 $36,500 $256,180
2015 $5,007 $290,380 $36,500 $253,880
2014 $5,007 $182,987 $36,500 $146,487
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/13/2026 07/13/26 For Sale $650,000 -- $134 / Sq Ft
Source: Greater El Paso Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Vendors Lien -- Sierra Title
Warranty Deed -- None Available
Warranty Deed -- None Available
Vendors Lien -- None Available
Vendors Lien -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $281,250 Commercial
Closed $195,000 Purchase Money Mortgage
Previous Owner $25,000 Stand Alone Second
Previous Owner $240,000 Seller Take Back
Source: Public Records

Source: Greater El Paso Association of REALTORS®

MLS Number: 947381

Greater El Paso Association of REALTORS®
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