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    1207 E Rio Grande Ave El Paso, TX 79902

    For Sale
    $305,000

    MULTI_FAMILY - El Paso, TX

    Property size:
    4,000 SF
    Lot size:
    0.24 Acres
    Days on Market:
    43
    Last Refresh:
    Dec 8 at 10:06 pm

    Property Features for 1207 E Rio Grande Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    A2
    APN
    401443
    Parking
    5
    Size
    4,000 SF
    Lot size
    0.24 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Wall Furnace
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1901
    Number of units
    5
    Flooring type
    Carpet, Wood, Tile
    Building materials
    Brick

    Keller Williams Realty (915) 603-5293 [email protected]

    Listing agent Allison M Dillard (915) 799-9708

    Listing date Oct 27, 2025

    Copyright © 2025 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.

    Overview

    El Paso Multifamily Investment Opportunity

    This charming property, originally built in the 1900s, has been converted into a 5-unit apartment building. Each unit is currently rented, generating $600 per month in rental income. Off-street parking is conveniently accessible via the back alley. The sale includes a storage building and a shed, providing additional storage space. Situated on a 0.24-acre lot, the property encompasses a total area of 4,000 square feet. The property is zoned A2. This property offers an investment opportunity with consistent rental income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.482455
    Latitude
    31.771291

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    FAQs

    What type of property is this?
    Apartment building - Charming, fully rented 5-unit apartment building in El Paso, TX.
    Where is this apartment building located?
    The property is located at 1207 E Rio Grande Ave El Paso, TX.
    What is the asking price?
    The asking price for this property is $305,000.
    What are key features of this property?
    This property features: - Consistent rental income from 5 fully rented apartments.; - Off-street parking via back alley.; - Includes a storage building and shed.
    (915) 799-9708
    Request Owner's contact information
    1207 E Rio Grande Ave El Paso, TX 79902
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    El Paso, TX 79902
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1207 E Rio Grande Ave El Paso, TX 79902
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