Quadplex with Central HVAC and Central
For Sale
$550,000
1107 MYRTLE Avenue, El Paso, TX 79901
MULTI_FAMILY - El Paso, TX
Property Size2,304 SF
Lot Size0.14 Acres
Price / SF$238.72
Days on Market433
Property Features for 1107 MYRTLE Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
C4
Appliances
Washer, Refrigerator, Microwave, Free-Standing Gas Oven, Dryer
Subdivision
Franklin Heights
Elementary school
Hart
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
F60799901504300
Size
2,304 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
15 FRANKLIN HEIGHTS 19 & 20 (6000 SQ FT)
Tax Annual Amount
1544
Legal Description
15 FRANKLIN HEIGHTS 19 & 20 (6000 SQ FT)
Utilities
Sewer type
Public Sewer
Heating system
Central, Forced Air
Cooling system
Ceiling Fan(s), Central Air
Building Details
Year built
2024
Number of units
4
Roof type
Shingle
Listing Agency:
Keller Williams Realty
(915) 603-5293
Listed By:
Alejandro Gamboa
(915) 328-9799
Added: May 29, 2025
Changed: Aug 2
Last Checked: Aug 4 at 6:06PM
MLS# 923426
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 newly constructed quadplex at 1107 Myrtle Avenue in El Paso is built for residential income, with a total property size of 2,304 square feet on a 0.14-acre lot. The home features central heating with forced air and central air, supported by ceiling fan(s), and a shingle roof. Appliances included in the unit(s) list are washer, refrigerator, microwave, free-standing gas oven, and dryer. Public sewer servicing is in place.
The property is located in El Paso, TX, in zoning designated C4.
Completed in 2025, this is a four-unit residential building designed to support functional everyday living while serving as an income-focused asset.
The property is located in El Paso, TX, in zoning designated C4.
Completed in 2025, this is a four-unit residential building designed to support functional everyday living while serving as an income-focused asset.
Key Highlights
- Quadplex completed on 2025
- 2,304 square feet on 0.14‑acre lot
- Zoned C4 in El Paso, TX
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 | $31.2k | $13.56 |
| − Vacancy | −$1.5k | −$0.64 |
| EGI | $29.8k | $12.92 |
| − OpEx | −$8.9k | −$3.87 |
| NOI | $20.8k | $9.04 |
2,304 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%
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.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,105
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Newly built quadplex on public sewer with central heating and central air, sized for residential income use.
Where is this quadplex located?
The property is located at 1107 MYRTLE Avenue 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: Quadplex completed on 2025; 2,304 square feet on 0.14‑acre lot; Zoned C4 in El Paso, TX
