Four-Unit Residential
For Sale
$550,000
1107 Myrtle Avenue #A-D, El Paso, TX 79901
The multi-unit property is zoned C4.
Property Size2,304 SF
Price / SF$238.72
Days on Market520
Property Features for 1107 Myrtle Avenue #A-D
General Information
Standard status
Active
Size
2,304 SF
Property subtype
Multi Family Home
Zoning
C4
Site & Location
Neighborhood
Texas and Myrtle Ave. Business District Association
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$1,544
Building Details
Building Size
2,304 SF
Year Built
2024
Buildings
1
Stories
2
Units
4
Listing Agency:
El Paso Real Estate Company
Listed By:
Al Jurado · License #0410918
(915) 630-8373
Source:
Elpasorealestateco
Added: May 29, 2025
Changed: Oct 25
Last Checked: Oct 29 at 8:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of El Paso Real Estate Company
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Investment Insights
Based on property information with market context.
This four-unit residential property contains 2,304 square feet and is zoned C4. It is located at 1107 Myrtle Avenue #A-D in El Paso, Texas.
Key Highlights
- Four‑unit residential property
- 2,304 square feet
- C4 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,831
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,620
$416.6K
Cap Rate 7%
$297,586
$297.6K
Cap Rate 9%
$231,456
$231.5K
Market Conditions
NOI Build-Up for 2,304 SF
Gross rent
$31.2K $13.56/SF
− Vacancy
−$1.5K −$0.64/SF
EGI
$29.8K $12.92/SF
− OpEx
−$8.9K −$3.87/SF
NOI
$20.8K $9.04/SF
Area
El Paso, TX
Vacancy
4.75%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,620
Cap Rate 7%
$297,586
Cap Rate 9%
$231,456
Alternative Uses
Best Use
Multifamily LT 5
$297.6K
$260.4K – $347.2K
NOI $20,831 @ 7.0% cap · market cap 3.79%
Second Best
Apartment 5plus
$274.5K
$240.2K – $320.2K
NOI $19,213 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$578.0K
$505.8K – $674.4K
NOI $40,461 @ 7.0% cap · market cap 7.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
3,795
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - The multi-unit property is zoned C4.
Where is this quadplex located?
The property is located at 1107 Myrtle Avenue #A-D El Paso, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Four‑unit residential property; 2,304 square feet; C4 zoning
