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Five-Unit Apartment Building
For Sale
$294,000

709 S Virginia Street, El Paso, TX 79901

MULTI_FAMILY - El Paso, TX

Property Size2,543 SF
Lot Size0.13 Acres
Price / SF$115.61
Days on Market284

Property Features for 709 S Virginia Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning A3
Appliances Range Hood
Subdivision Campbell
Elementary school Aoy
Middle school Guillen
High school Bowie
Elementary school district El Paso
Middle school district El Paso
High school district El Paso
Standard status Active
APN C05099908102500
Size 2,543 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 81 CAMPBELL 5 & N 17 FT OF 4 & S 3.5 FT OF 6 (5580 SQ FT)
Tax Annual Amount 7031
Legal Description 81 CAMPBELL 5 & N 17 FT OF 4 & S 3.5 FT OF 6 (5580 SQ FT)

Utilities

Sewer type Public Sewer
Cooling system Multi Units

Building Details

Year built 1950
Number of units 5
Flooring type Tile - Ceramic
Building materials Stucco
Roof type Composition, Flat
Listing Agency: Home Pros Real Estate Group
Listed By: Edwin Morales Juarez · License #0721112
Added: Oct 26, 2025 Changed: Aug 2 Last Checked: Aug 5 at 6:06AM
MLS# 932674

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.

Five-unit apartment building recently renovated and fully occupied. The property sits on a 0.13-acre lot and totals 2,543 square feet. Built in 1950, the exterior is stucco, and the roof includes composition and flat roofing.

The building is connected to public sewer. Interior details include ceramic tile flooring and a range hood appliance. Cooling is listed as “multi units,” supporting multiple unit configurations within the building.

This A3-zoned multifamily asset is located at 709 S Virginia Street in El Paso, TX 79901.

Key Highlights

  • Recently renovated five‑unit apartment building
  • Fully occupied property
  • A3 zoning

Financial Insights For Apartment 5plus

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 $40.6k $15.96
− Vacancy −$2.0k −$0.80
EGI $38.6k $15.16
− OpEx −$17.4k −$6.82
NOI $21.2k $8.34
2,543 SF · lease $15.96/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$302.9K
$265.1K – $353.4K (±1% cap)
NOI $21,206 @ 7.0% cap · market cap 7.21%
Second Best
no second resolved use
Theoretical Best
Office A
$638.0K
$558.2K – $744.3K (±1% cap)
NOI $44,659 @ 7.0% cap · market cap 15.19%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Catering Service Butcher Garden Center Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,679
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit apartment building recently renovated, fully occupied, and zoned A3 in El Paso, TX.
Where is this apartment building located?
The property is located at 709 S Virginia Street El Paso, TX.
What is the asking price?
The asking price for this property is $294,000.
What are key features of this property?
This property features: Recently renovated five‑unit apartment building; Fully occupied property; A3 zoning
More about this property
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