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    Historic Multifamily Apartment Building
    Updated: Jun 22
    Historic Multifamily Apartment Building

    1207 E RIO GRANDE Avenue, El Paso, TX 79902

    $305,000
    3,186 sqft 0.24 AC lot
    1901 home converted to fully rented apartments prior to 1977
    Rental income of $3,100 per month reported by owner
    Brick construction with tile and hardwood flooring
    Cooling provided by window unit(s)
    Off‑street parking accessible through the back alley
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    This listing looks promising.

    Here's a quick look at some key insights for

    1207 E RIO GRANDE Avenue, El Paso, TX 79902

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $27K
      Annual

    • Price @ 7% Cap

      $380K
      Above asking

    • Property Type

      Apartments (Generic)
      Built 1901
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    El Paso Multifamily Investment Opportunity
    Updated: Apr 29
    El Paso Multifamily Investment Opportunity

    512 Center Way, El Paso, TX 79915

    $1,498,500
    11,000 sqft 0.48 AC lot
    11‑unit multifamily complex at 512 Center Way Apartments in El Paso, TX 79915 (Santa Lucia neighborhood)
    Two‑story townhome layout with 2–3 bedrooms and 1–1.5 baths
    Approximately 1,000 SF per unit
    Refrigerated air units in the townhomes
    Fireplace included
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    Residential Income Apartment Building
    Residential Income Apartment Building

    1126 E SAN ANTONIO Avenue, El Paso, TX 79901

    $650,000
    4,848 sqft 0.08 AC lot

    Apartment building available for sale in El Paso, TX, zoned R1 and sized at 4,848 square feet.

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    High-Frontage Commercial Building
    High-Frontage Commercial Building

    6941 Alameda Avenue, El Paso, TX 79915

    $1,500,000
    9,640 sqft 1.33 AC lot

    C4-zoned commercial property on Alameda Ave with a flexible 9,640 SF layout for redevelopment or adaptive reuse.

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    El Paso Multifamily Investment
    El Paso Multifamily Investment

    3701 Fred Wilson Avenue, El Paso, TX 79904

    $550,000
    4,887 sqft 0.28 AC lot

    Ten-unit multifamily property in El Paso's Logan Heights.

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    Corner 10-Unit Multifamily Property
    Corner 10-Unit Multifamily Property

    8100 ALAMEDA Avenue, El Paso, TX 79915

    $1,195,000
    1,710 sqft 0.99 AC lot

    Fully leased 10-unit building with a mix of 3-, 2-, and 1-bedroom apartments on an R-4 corner lot.

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    Eight-Unit Multifamily Property
    Eight-Unit Multifamily Property

    404 & 406 FRENCH Place, El Paso, TX 79905

    $389,000
    2,193 sqft 0.24 AC lot

    Well-maintained eight-unit multifamily building currently 100% occupied with long-term tenants in El Paso.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    511 East Nevada Avenue, Unit AE, El Paso, TX 79902

    $399,999
    2,048 sqft

    Well-located five-unit property with three remodeled units and added tenant storage space.

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    Multifamily Property in El Paso, TX
    Multifamily Property in El Paso, TX

    8168 VALLEY VIEW Drive, El Paso, TX 79907

    $449,000
    3,810 sqft 0.51 AC lot

    Multifamily property on 0.51 acres with development potential.

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    Turnkey Multifamily with Coin Laundry
    Turnkey Multifamily with Coin Laundry

    8709 LAWSON Street, El Paso, TX 79904

    $675,000
    0.29 AC lot

    Eight-unit property with refrigerated air, seven remodeled units, and an on-site coin-operated laundry room.

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    Five-Unit Apartment Investment
    Five-Unit Apartment Investment

    501 East Cliff Drive, Unit 15, El Paso, TX 79902

    $430,000
    2,968 sqft

    Small multifamily property with four studio units and one three-bedroom unit plus an unfinished basement.

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    Downtown El Paso Multifamily Investment
    Downtown El Paso Multifamily Investment

    412 S FLORENCE Street, El Paso, TX 79901

    $198,900
    1,800 sqft 0.07 AC lot

    Five-unit property with income potential in a prime urban location.

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    5-Unit Multifamily Investment
    5-Unit Multifamily Investment

    511 E Nevada Avenue, El Paso, TX 79902

    $399,999
    2,048 sqft 0.13 AC lot

    Five-unit income property with three recently remodeled units, including mini-split systems and updated interior finishes.

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    Multifamily Building with Six Units
    Multifamily Building with Six Units

    436 EMERSON Street, El Paso, TX 79915

    $310,000
    0.23 AC lot

    Six 1-bedroom, 1-bath units on a 0.23-acre lot, currently tenant-occupied for rental income.

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    Income-Generating Apartment Complex on Alameda
    Income-Generating Apartment Complex on Alameda

    7211 Alameda Avenue, El Paso, TX 79915

    $700,000
    1.00 AC lot

    14-unit apartment complex with development potential in El Paso.

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    Downtown El Paso Apartment Building
    Downtown El Paso Apartment Building

    504 N OREGON Street, El Paso, TX 79901

    $2,850,000
    0.11 AC lot

    34-unit apartment building in the heart of downtown El Paso.

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    Recently Renovated Five-Unit Multifamily Property
    Recently Renovated Five-Unit Multifamily Property

    709 South Virginia Street, El Paso, TX 79901

    $294,000
    2,543 sqft

    Recently renovated five-unit multifamily property, fully occupied, generating $2,600 revenue.

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    Small Multifamily Income Property
    Small Multifamily Income Property

    501 E CLIFF Drive, El Paso, TX 79902

    $415,000
    2,968 sqft 0.08 AC lot

    Five-unit multifamily property features four studio apartments and one three-bedroom unit with an unfinished full basement.

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    New 6-Unit Multifamily Property
    New 6-Unit Multifamily Property

    6002 1/2 Pam Mccall Dr, El Paso, TX 79924

    $850,000

    New construction 6-unit multifamily complex planned for July 2026, featuring refrigerated air, private laundry rooms, and 12 parking spaces.

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    El Paso Multifamily Opportunity
    El Paso Multifamily Opportunity

    14940 WHITETAIL DEER Drive, El Paso, TX 79938

    $480,000
    9,299 sqft 0.41 AC lot

    Multifamily property for sale in El Paso, Texas.

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    Townhome-Style 11-Unit Apartment Building
    Townhome-Style 11-Unit Apartment Building

    512 Center Way, El Paso, TX 79915

    $1,498,500

    Well-maintained 11-unit complex with two-story townhome layouts and refrigerated A/C near EPCC and neighborhood shopping.

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    Two-Building Residential Income Property
    Two-Building Residential Income Property

    615, 617 S VIRGINIA Street, El Paso, TX 79901

    $330,000
    2,138 sqft 0.14 AC lot

    Residential income property with five units across two buildings, with refrigerated air in three units and seller-paid water.

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    Fully Occupied 5-Unit Apartment Building
    Fully Occupied 5-Unit Apartment Building

    310 Park Street, El Paso, TX 79901

    $359,000

    For sale fully occupied 5-unit building with four remodeled units, offering an income-producing residential setup.

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    Multifamily Property with One-Bed Units
    Multifamily Property with One-Bed Units

    436 EMERSON Street, El Paso, TX 79915

    $290,000
    0.23 AC lot

    For-sale multifamily property with six 1-bedroom, 1-bath units on a 0.23-acre lot in El Paso, TX.

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    El Paso, TX Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in El Paso, TX, showcased through 43 active listings on our real estate platform. These investment opportunities span a total of 71,764 square feet of properties for sale, with an estimated market value of $10,123,398.

    Sale prices for two-family homes in El Paso, TX start at $198,900, averaging $562,411, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 831K
    Population Growth (5Y) +2.9%
    Median Household Income $60,492
    College Educated 6.2%

    High-Yield Neighborhoods for Investment

    Identify El Paso submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    79938 $480K
    79905 $536.2K
    79902 $548.1K
    79901 $559.1K
    79907 $659.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.67%
    Property Tax per SF $41.06 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in El Paso County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in El Paso County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in El Paso fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in El Paso, TX

    • 79901
    • 79902
    • 79905
    • 79915
    • 79904
    • 79907
    • 79924
    • 79938

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