Updated Duplex with Separate
For Sale
$245,000
2610 JEFFERSON Avenue, El Paso, TX 79930
Residential, El Paso, TX
Property Size1,305 SF
Lot Size0.12 Acres
Price / SF$187.74
Days on Market35
Property Features for 2610 JEFFERSON Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R4
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 2, Bathroom 1
Window features
Blinds
Interior features
LR DR Combo, Pantry
Exterior features
Back Yard Access
Appliances
Range Hood, Refrigerator
Subdivision
Military Heights
Lot features
Standard Lot
Elementary school
Chaparral
Middle school
Ern Serna
High school
Austin
Elementary school district
El Paso
Middle school district
El Paso
High school district
El Paso
Standard status
Active
APN
107805
Size
1,305 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
K MILITARY HEIGHTS N 1/2 OF 12 & 13 (5375 SQ FT)
Tax Annual Amount
4849
Legal Description
K MILITARY HEIGHTS N 1/2 OF 12 & 13 (5375 SQ FT)
Utilities
Sewer type
Public Sewer
Building Details
Year built
1945
Floors in Building
1
Flooring type
Tile
Building materials
Stucco, Block
Roof type
Flat
Architectural style
Other
Listing Agency:
Cap Rate Real Estate Group
(915) 443-8859
Listed By:
Ricardo Ramos
(915) 777-0741
Added: Aug 5
Changed: Sep 4
Last Checked: Sep 8 at 10:06AM
MLS# 948869
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 R4-zoned duplex includes a primary residence with four bedrooms and three bathrooms, plus a separate rear casita offering one bedroom, one bathroom, and approximately 525 square feet. The casita has its own entrance, while the property also provides back-yard access, a pantry, tile flooring, stucco and block construction, and a flat roof. The lot encompasses 0.12 acres, and the property was built in 1945.
Recent improvements include a combo HVAC unit installed one year ago, roof coating completed three years ago, and fresh stucco applied two years ago. Paid-off solar panels are also installed. Both units are tenant-occupied. The property is located in El Paso near Fort Bliss, UTEP, and downtown El Paso, with public sewer service and an R4 zoning designation.
Recent improvements include a combo HVAC unit installed one year ago, roof coating completed three years ago, and fresh stucco applied two years ago. Paid-off solar panels are also installed. Both units are tenant-occupied. The property is located in El Paso near Fort Bliss, UTEP, and downtown El Paso, with public sewer service and an R4 zoning designation.
Key Highlights
- Separate rear casita with 1 bedroom, 1 bathroom, approximately 525 square feet, and its own entrance
- Primary residence includes 4 bedrooms and 3 bathrooms
- R4 zoning on a 0.12‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,799
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$235,980
$236.0K
Cap Rate 7%
$168,557
$168.6K
Cap Rate 9%
$131,100
$131.1K
Market Conditions
NOI Build-Up for 1,305 SF
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.
Gross rent
$17.7K $13.56/SF
− Vacancy
−$841 −$0.64/SF
EGI
$16.9K $12.92/SF
− OpEx
−$5.1K −$3.87/SF
NOI
$11.8K $9.04/SF
Area
El Paso, TX
Vacancy
4.75%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$235,980
Cap Rate 7%
$168,557
Cap Rate 9%
$131,100
Alternative Uses
Best Use
Multifamily LT 5
$168.6K
$147.5K – $196.7K
NOI $11,799 @ 7.0% cap · market cap 4.82%
Second Best
Apartment 5plus
$155.5K
$136.0K – $181.4K
NOI $10,883 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$327.4K
$286.5K – $382.0K
NOI $22,918 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
353
Businesses Nearby
Explore this area
Business Placement
Demographics for 79930, TX
24,553
Population
11,729
Households
2.1
Avg Household Size
40
Median Age
16%
College-Educated
75%
High-School Grad
7.5 sq mi
ZIP Area
3,274
Density / Sq Mi
$41,826
Median Household Income
$24,903
Median Earnings
$909
Median Rent
$124,000
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?
Duplex - R4-zoned duplex with a detached one-bedroom casita, separate entrance, solar panels, and recent property improvements.
Where is this duplex located?
The property is located at 2610 JEFFERSON Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Separate rear casita with 1 bedroom, 1 bathroom, approximately 525 square feet, and its own entrance; Primary residence includes 4 bedrooms and 3 bathrooms; R4 zoning on a 0.12‑acre lot
