Two-Unit Duplex
1128 E RIVER Avenue El Paso, TX 79902
1128 E RIVER Avenue, El Paso, TX, 79902
$210,000
For Sale
$210,000
MULTI_FAMILY - El Paso, TX
Property Size1,560 SF
Lot Size0.14 Acres
Price / SF$134.62
Days on Market50
Property Features for 1128 E RIVER Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R5
- Parking features
- On Street
- Standard status
- Active
- APN
- P79599929302500
- Size
- 1,560 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 293 PIERCE FINLEY 15 & 16 (6000 SQ FT)
- Tax Annual Amount
- 4100
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1948
- Number of units
- 2
- Building materials
- Stucco
- Roof type
- Flat
Listing agency
Alpha Omega Real Estate Group LLC
(915) 383-9501
Listed by
David Bagby Cantu · License #0711943
(915) 383-8358
Added: Jun 2 Updated: Jul 18 at 10:04AM Checked: Jul 21 at 1:06PM
MLS# 945100
Copyright © 2026 Greater El Paso Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-unit duplex offers a straightforward income setup with each side configured as a 2-bedroom, 1-bath layout. The property is sized at approximately 1,560 square feet and sits on a small lot of about 0.14 acres. The seller notes that the owner pays water, which can simplify operating expenses for an investor. Showings require advance approval, and tenants must not be disturbed.
The property is centrally located in El Paso and is described as being close to major hospitals, Downtown, and UTEP. The listing also identifies the zoning as R5. Prospective buyers should plan their visits accordingly, as access is managed through the required pre-approval process.
For investors seeking a manageable, two-unit residential income property, this duplex can be a practical option given its consistent unit layout and the owner-paid water component. Its location near key employment and activity centers may support tenant demand. With showings controlled in advance and tenants onsite, this is best suited for buyers who are prepared to coordinate timing through the listing representative.
The property is centrally located in El Paso and is described as being close to major hospitals, Downtown, and UTEP. The listing also identifies the zoning as R5. Prospective buyers should plan their visits accordingly, as access is managed through the required pre-approval process.
For investors seeking a manageable, two-unit residential income property, this duplex can be a practical option given its consistent unit layout and the owner-paid water component. Its location near key employment and activity centers may support tenant demand. With showings controlled in advance and tenants onsite, this is best suited for buyers who are prepared to coordinate timing through the listing representative.
Key Highlights
- Duplex built in 1948 with stucco construction and a flat roof
- Each unit offers a 2 bed, 1 bath layout
- Central heating and central air conditioning
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.2k | $13.56 |
| − Vacancy | −$1.0k | −$0.64 |
| EGI | $20.1k | $12.92 |
| − OpEx | −$6.0k | −$3.87 |
| NOI | $14.1k | $9.04 |
1,560 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$201.5K
$176.3K – $235.1K
NOI $14,104 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$185.8K
$162.6K – $216.8K
NOI $13,009 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$391.4K
$342.5K – $456.6K
NOI $27,396 @ 7.0% cap · market cap 13.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Centrally located duplex with two 2-bed, 1-bath units and owner-paid water for streamlined income potential.
Where is this duplex located?
The property is located at 1128 E RIVER Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Duplex built in 1948 with stucco construction and a flat roof; Each unit offers a 2 bed, 1 bath layout; Central heating and central air conditioning
