Leased Multifamily Property in El
For Sale
$299,999
1311 MYRTLE Avenue, El Paso, TX 79901
COMMERCIAL - El Paso, TX
Property SizeContact for details
Lot Size0.14 Acres
Days on Market120
Property Features for 1311 MYRTLE Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C4
Fireplace
1
Subdivision
Franklin Heights
Standard status
Active
APN
F60799903106100
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
31 FRANKLIN HEIGHTS 21 & 22 (6000.00 SQ FT)
Legal Description
31 FRANKLIN HEIGHTS 21 & 22 (6000.00 SQ FT)
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Evaporative Cooling
Building Details
Floors in Building
2
Building materials
Stucco
Listing Agency:
Cap Rate Real Estate Group
(915) 443-8859
Listed By:
Anibal Olague · License #0653430
(915) 443-8859
Added: Apr 29
Changed: Jun 6
Last Checked: Aug 26 at 6:06PM
MLS# 943044
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 multifamily property, located in El Paso, Texas, presents an investment opportunity. The property is fully leased and comprises a total of 5 units. The unit mix includes one two-bedroom, one-bath apartment and four one-bedroom, one-bath apartments. The property is located in a strong rental market and offers immediate cash flow with established tenants. The lot size is 0.14 acres. The zoning is C4.
Key Highlights
- Fully leased with established tenants, providing immediate cash flow.
- Multifamily property with 5 units: one 2‑bedroom/1‑bath and four 1‑bedroom/1‑bath apartments.
- Located in a strong rental market, offering consistent income and long‑term appreciation potential.
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
3,106
Businesses Nearby
Explore this area
Business Placement
Demographics for 79901, TX
10,027
Population
4,571
Households
2.2
Avg Household Size
40
Median Age
7%
College-Educated
46%
High-School Grad
2.2 sq mi
ZIP Area
4,558
Density / Sq Mi
$13,984
Median Household Income
$19,026
Median Earnings
$517
Median Rent
$93,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased 5-unit multifamily property in a strong rental market.
Where is this apartment building located?
The property is located at 1311 MYRTLE Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Fully leased with established tenants, providing immediate cash flow.; Multifamily property with 5 units: one 2‑bedroom/1‑bath and four 1‑bedroom/1‑bath apartments.; Located in a strong rental market, offering consistent income and long‑term appreciation potential.
