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    501 E Cliff Dr El Paso, TX 79902

    For Sale
    $359,000

    MULTI_FAMILY - El Paso, TX

    Property size:
    2,968 SF
    Lot size:
    0.83 Acres
    Days on Market:
    200
    Last Refresh:
    Dec 13 at 4:06 am

    Property Features for 501 E Cliff Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R1
    APN
    A46299904206600
    Parking
    1
    Parking features
    On Street
    Appliances
    Refrigerator, Gas Cooktop
    Size
    2,968 SF
    Lot size
    0.83 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Evaporative Cooling, Window Unit(s)

    Building Details

    Year built
    1925
    Number of units
    5
    Flooring type
    Wood, Laminate
    Building materials
    Stucco
    Roof type
    Composition

    Rosario C. Arroyo (915) 474-0041 [email protected]

    Listing agent Hector Arroyo (915) 449-1770

    Listing date May 28, 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 property, located near UTEP and downtown El Paso, presents a solid financial opportunity with strong cash flow prospects and the opportunity for further growth. It features five units: four studio apartments and one three-bedroom unit. The property includes a spacious basement spanning over 1,000 square feet, offering possibilities for expansion or additional rental income. The lot size is 0.83 acres and the property size is 2,968 square feet. The zoning is R1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Spa & Massage Law Firm Dental Office Hair Salon 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
    -106.492952
    Latitude
    31.770151

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    FAQs

    What type of property is this?
    Apartment building - Five-unit property near UTEP and downtown El Paso.
    Where is this apartment building located?
    The property is located at 501 E Cliff Dr El Paso, TX.
    What is the asking price?
    The asking price for this property is $359,000.
    What are key features of this property?
    This property features: - Strong cash flow potential and opportunity for growth as an investment property.; - Five units: four studio apartments and one three-bedroom unit.; - Spacious 1,000+ sq ft basement for expansion or rental income.
    (915) 449-1770
    Request Owner's contact information
    501 E Cliff Dr 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
    501 E Cliff Dr El Paso, TX 79902
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