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El Paso Multi-Family Property

1100 N Florence Street El Paso, TX 79902

Claim this Listing
For Sale
$310,000

MULTI_FAMILY - El Paso, TX

Property size:
1,844 SF
Lot size:
0.10 Acres
Price / SF:
$168/SF
Added:
Nov 17, 2025
Days on Market:
236
Last Refresh:
Jul 11 at 7:06 am

Property Features for 1100 N Florence Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Appliances
Refrigerator, Free-Standing Gas Oven
Standard status
Active
APN
A46299900606100 and A46299900606101
Size
1,844 SF
Lot size
0.10 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
6 ALEXANDER S 40 FT OF 11 TO 14 (HOMESITE) (1968 SQ FT) and6 ALEXANDER S 40 FT OF 11 TO 14 (2192 SQ FT)
Tax Annual Amount
6883

Utilities

Sewer type
Public Sewer
Heating system
Wall Furnace, Forced Air
Cooling system
Ceiling Fan(s), Window Unit(s), Evaporative Cooling

Building Details

Year built
1925
Number of units
3
Building materials
Brick
Roof type
Shingle

Listing agent Gabriel Sosa

Listing office Dalton Wade, Inc. 1341 W Mockingbird Lane 600 W, Atlanta, TX

Listing date Nov 17, 2025

MLS# 933869 Listing URL

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 multi-family property is located in El Paso, Texas. The property has a size of 1844 square feet and sits on a lot of approximately 0.1 acres. It is zoned R1 and is currently listed for sale. The property is classified as a triplex and residential income property.

Key Highlights

  • Brick construction
  • Year built: 1925
  • Roof: shingle

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 $25.0k $13.56
− Vacancy −$1.2k −$0.64
EGI $23.8k $12.92
− OpEx −$7.1k −$3.87
NOI $16.7k $9.04
1,844 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$238.2K
$208.4K – $277.9K (±1% cap)
NOI $16,672 @ 7.0% cap · market cap 5.38%
Second Best
Apartment 5plus
$219.7K
$192.2K – $256.3K (±1% cap)
NOI $15,377 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$462.6K
$404.8K – $539.7K (±1% cap)
NOI $32,383 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

(Bike/Boat/Book/etc) Store Butcher Locksmith Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Catering Service Pet Store Pet Store & Service Buffet

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Multi-family property in El Paso, Texas, with 1844 square feet.
Where is this triplex located?
The property is located at 1100 N Florence Street El Paso, TX.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Brick construction; Year built: 1925; Roof: shingle
Contact an agent
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