For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Detached Quadplex Income Property Title is generated by Realmo AI

    151 N Pendell Road, El Paso, TX 79905

    View on Map
    Claim this Listing
    For Sale
    $420,000

    MULTI_FAMILY - El Paso, TX

    Property size:
    3,274 SF
    Lot size:
    0.57 Acres
    Price / SF:
    $128/SF
    Added:
    Mar 6, 2026
    Days on Market:
    98
    Last Refresh:
    Jun 12 at 8:06 am

    Property Features for 151 N Pendell Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R1
    Appliances
    Washer Hookup, Free-Standing Gas Oven
    Standard status
    Active
    APN
    357322
    Size
    3,274 SF
    Lot size
    0.57 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    C COLLINGSWORTH N 86.17 FT OF 6 (24620.11 SQ FT)
    Tax Annual Amount
    10834

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Window Unit(s), Evaporative Cooling

    Building Details

    Year built
    1949
    Number of units
    4
    Flooring type
    Tile
    Building materials
    Adobe
    Roof type
    Flat, Shingle
    Additional Structures
    Packing Shed

    We can help!

    Listing Contact
    Varonica Christina Alexander

    Listing agent Varonica Christina Alexander

    Listing office Home Pros Real Estate Group 1035 Belvidere St., Suite 200, el paso, TX

    Listing date Mar 6, 2026

    MLS# 939505 Listing URL

    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.

    HighLights

    • Multi‑family property with 4 stand‑alone, one‑story detached buildings
    • Building sizes: 720 SF, 1080 SF, 720 SF, and 754 SF
    • Central heating plus window unit(s) and evaporative cooling
    • Adobe construction with tile flooring
    • Public sewer connection
    • Roof includes flat and shingle types

    Overview

    This property is a quadplex consisting of 4 stand-alone, one-story detached units across a single site. The buildings are sized individually, including 720 square feet, 1,080 square feet, 720 square feet, and 754 square feet, for a total property size of 3,274 square feet. Each unit is configured as its own detached one-story building, providing a straightforward layout for a multi-building residential income strategy.

    The address is 151 N Pendell Road in El Paso, Texas 79905. The property is identified as zoned R1, and the listing notes it is near Texas Tech and close to I-10, which may support a variety of tenant profiles seeking access to established destinations.

    For buyers or operators, the detached quadplex format can be appealing for those looking for four separate buildings within one acquisition. With unit sizes clearly stated and all buildings on a 0.57-acre lot, the property is set up for easy consideration as a small multifamily investment. An appointment is required, and showing arrangements are handled through the listing agent via Showingtime.

    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 $44.4k $13.56
    − Vacancy −$2.1k −$0.64
    EGI $42.3k $12.92
    − OpEx −$12.7k −$3.87
    NOI $29.6k $9.04
    3,274 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $422.9K
    $370.0K – $493.4K (±1% cap)
    NOI $29,601 @ 7.0% cap · market cap 7.05%
    Second Best
    Apartment 5plus
    $390.0K
    $341.3K – $455.0K (±1% cap)
    NOI $27,302 @ 7.0% cap · market cap 6.50%
    Theoretical Best
    Office A
    $821.4K
    $718.7K – $958.3K (±1% cap)
    NOI $57,496 @ 7.0% cap · market cap 13.69%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    LaraLove360 Video Booth Photography Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    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
    -106.413062
    Latitude
    31.768225

    FAQs

    What type of property is this?
    Quadplex - Four one-story detached buildings offer a simple income setup on a single parcel in El Paso.
    Where is this quadplex located?
    The property is located at 151 N Pendell Road El Paso, TX.
    What is the asking price?
    The asking price for this property is $420,000.
    What are key features of this property?
    This property features: Multi‑family property with 4 stand‑alone, one‑story detached buildings; Building sizes: 720 SF, 1080 SF, 720 SF, and 754 SF; Central heating plus window unit(s) and evaporative cooling
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message