El Paso Duplex Near
9275 LEONARDO Avenue El Paso, TX 79907
For Sale
$315,000
MULTI_FAMILY - El Paso, TX
Property Size2,688 SF
Lot Size0.23 Acres
Price / SF$117.19
Days on Market105
Property Features for 9275 LEONARDO Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R2
Appliances
Free-Standing Gas Oven, Disposal
Standard status
Active
APN
N52599900100900
Size
2,688 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
NORTH VALUMBROSA #2 TR 88 (0.23 AC)
Tax Annual Amount
9238
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Building Details
Year built
2015
Number of units
2
Flooring type
Tile - Ceramic
Building materials
Stucco
Roof type
Rolled Hot Mop, Composition
Listing Agency:
Jordan Realty
(915) 240-0369
Listed By:
Richard L Jordan · License #0225812
(915) 240-0369
Added: Apr 14
Changed: Jul 18
Last Checked: Jul 27 at 8:06PM
MLS# 942175
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 duplex property, located in El Paso, Texas, features large bedrooms and a country kitchen. Situated across from a park that offers basketball courts, walking trails, and gazebos. Each side of the duplex includes three spacious bedrooms and two baths. The kitchens feature a table, and the spacious living rooms have large built-ins suitable for large televisions. The property has a total size of 2688 square feet and sits on a 0.23-acre lot. The zoning is R2. Tenants are currently on a month-to-month lease.
Key Highlights
- Duplex built in 2015 with each side identical, featuring 3 bedrooms and 2 bathrooms per unit
- Tenants on month‑to‑month leases
- Across from a park with basketball, walking trails, and gazebos available across the street
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 | $36.4k | $13.56 |
| − Vacancy | −$1.7k | −$0.64 |
| EGI | $34.7k | $12.92 |
| − OpEx | −$10.4k | −$3.87 |
| NOI | $24.3k | $9.04 |
2,688 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$347.2K
$303.8K – $405.1K
NOI $24,303 @ 7.0% cap · market cap 7.72%
Second Best
Apartment 5plus
$320.2K
$280.2K – $373.6K
NOI $22,416 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$674.4K
$590.1K – $786.8K
NOI $47,205 @ 7.0% cap · market cap 14.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with spacious bedrooms across from park in El Paso.
Where is this duplex located?
The property is located at 9275 LEONARDO Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Duplex built in 2015 with each side identical, featuring 3 bedrooms and 2 bathrooms per unit; Tenants on month‑to‑month leases; Across from a park with basketball, walking trails, and gazebos available across the street
