Property Attributes
- MLS#947381
- Type
- Listing Status Active
- CountyEl Paso
- CityEl Paso
- NeighborhoodMagoffin
- Zip79901
- Style
- Year Built1920
- Taxes$ 11161
- Price$ 650,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4848
- Lot Size0.08 Acres
Data Source:
Greater El Paso Association of REALTORS® (GEPAR)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Hart Elementary School | Guillen Middle School | Bowie High School |
| Price History | |
|---|---|
| 7/13/2026 | Listed $650,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | See Remarks |
| Cooling | Window Unit(s) |
| Utilities | All Utilities |
| Roof | Flat |
| Appliances | Refrigerator,Gas Cooktop |
| Zoning | R1 |
| Construction Materials | Brick |
| Year Built | 1920 |
| Tenant Pays | Electricity |
| Property Subtype | Quadruplex |
| Tax Year | 2026 |
| Gross Income | 77001.34 |
| OwnerPays | Gas,Water |
| County | El Paso |
| Operating Expense | 12342.7 |
| Property Type | Residential Income |
| Attached Garage | false |
| Subdivision Name | Magoffin |
| Building Features | No Landscaping,None |
| Other Structures | Storage |
| Status | Active |
| High School | Bowie |
| City | El Paso |
| High School District | El Paso |
| Number Of Units Total | 10 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 3484.8 |
| Elementary School | Hart |
| Tax Annual Amount | 11161.1 |
| Middle/Junior High School | Guillen |
| Virtual Tour | https://www.propertypanorama.com/instaview/gepar/947381 |
Interior Features
| Flooring | Hardwood,Laminate |
|---|---|
| Air Conditioning Y/N | true |
Exterior Features
| Parking Features | On Street |
|---|---|
| Water Source | City |
| Lot Size Area | 0.08 |
| Building Area Total | 4848 |
| Lot Size Acres | 0.08 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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