El Paso Quadplex Investment
3803 TYLER Avenue El Paso, TX 79930
3803 TYLER Avenue, El Paso, TX, 79930
$268,000
For Sale
$268,000
MULTI_FAMILY - El Paso, TX
Property Size2,125 SF
Lot Size0.14 Acres
Price / SF$126.12
Days on Market117
Property Features for 3803 TYLER Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- A2
- Appliances
- Gas Cooktop, Free-Standing Gas Oven
- Standard status
- Active
- APN
- M79499905903300
- Size
- 2,125 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 59 MORNINGSIDE HEIGHTS 13 & 14 (6000 SQ FT)
- Tax Annual Amount
- 4578
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Evaporative Cooling
Building Details
- Year built
- 1957
- Number of units
- 4
- Flooring type
- Tile
- Building materials
- Brick
- Roof type
- Composition, Shingle
Listing Agency
Cap Rate Real Estate Group
(915) 443-8859
1035 Belvidere, Ste. 290, El Paso, TX
Listed by
Cristian Anibal Olague · License #0737250
(915) 345-4379
Added: Mar 26 Updated: Jul 18 at 10:04 am Checked: Jul 20 at 8:06 pm
MLS# 941031
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.
Located in the Morningside Heights neighborhood of El Paso, the property at 3803 Tyler Avenue is a quadplex featuring four 1-bedroom, 1-bathroom units. The building is in good condition and has a lot size of 0.14 acres. The property's location provides access to US-54 and I-10. It is situated minutes from Fort Bliss, University Medical Center, and El Paso Children's Hospital. The property has a Walk Score of 74, indicating it is very walkable. The units are currently occupied by long-term tenants, providing a steady income stream. The property offers the flexibility to accommodate an owner-occupant or a new lease. The property is zoned A2 and has a building size of 2125 square feet.
Key Highlights
- Prime location in the desirable Morningside Heights neighborhood with a Walk Score of 74.
- Proximity to major locations: Fort Bliss, University Medical Center, and El Paso Children's Hospital.
- Turnkey quadplex with four well‑maintained 1‑bedroom, 1‑bathroom units.
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 | $28.8k | $13.56 |
| − Vacancy | −$1.4k | −$0.64 |
| EGI | $27.4k | $12.92 |
| − OpEx | −$8.2k | −$3.87 |
| NOI | $19.2k | $9.04 |
2,125 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$274.5K
$240.2K – $320.2K
NOI $19,212 @ 7.0% cap · market cap 7.17%
Second Best
Apartment 5plus
$253.2K
$221.5K – $295.4K
NOI $17,721 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$533.1K
$466.5K – $622.0K
NOI $37,318 @ 7.0% cap · market cap 13.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Quadplex in Morningside Heights near key El Paso locations.
Where is this quadplex located?
The property is located at 3803 TYLER Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $268,000.
What are key features of this property?
This property features: Prime location in the desirable Morningside Heights neighborhood with a Walk Score of 74.; Proximity to major locations: Fort Bliss, University Medical Center, and El Paso Children's Hospital.; Turnkey quadplex with four well‑maintained 1‑bedroom, 1‑bathroom units.
