Two-Unit
For Sale
$210,000
1128 E RIVER Avenue, El Paso, TX 79902
Residential Income, El Paso, TX
Property Size1,560 SF
Lot Size0.14 Acres
Price / SF$134.62
Days on Market152
Property Features for 1128 E RIVER Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R5
Parking features
On Street
Subdivision
Pierce Finley
Elementary school
Lamar
Middle school
Wiggs
High school
Elpaso
Elementary school district
El Paso
Middle school district
El Paso
High school district
El Paso
Standard status
Active
APN
P79599929302500
Size
1,560 SF
Lot size
0.14 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
293 PIERCE FINLEY 15 & 16 (6000 SQ FT)
Tax Annual Amount
4100
Legal Description
293 PIERCE FINLEY 15 & 16 (6000 SQ FT)
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1948
Floors in Building
2
Number of units
2
Building materials
Stucco
Roof type
Flat
Listing Agency:
Alpha Omega Real Estate Group LLC
(915) 383-9501
Listed By:
David Bagby Cantu · License #0711943
(915) 383-8358
Added: Jun 2
Changed: Oct 28
Last Checked: Oct 31 at 3:06AM
MLS# 945100
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.
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Investment Insights
Based on property information with market context.
This 1,560-square-foot duplex contains two residential units, each arranged with 2 bedrooms and 1 bath. Built in 1948, the property features stucco construction, a flat roof, central heating, central air, public sewer service, and on-street parking. The owner pays for water service, and showings require advance approval while the units are occupied.
The property occupies 0.14 acres at 1128 E River Avenue in El Paso, Texas, within the 79902 postal area. Its location provides proximity to major hospitals, Downtown, and UTEP. R5 zoning supports its residential classification, with each unit offering the same basic bedroom and bath configuration.
The property occupies 0.14 acres at 1128 E River Avenue in El Paso, Texas, within the 79902 postal area. Its location provides proximity to major hospitals, Downtown, and UTEP. R5 zoning supports its residential classification, with each unit offering the same basic bedroom and bath configuration.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bath in each unit
- 1,560 square feet on a 0.14‑acre lot
- R5 zoning and public sewer service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,104
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,080
$282.1K
Cap Rate 7%
$201,486
$201.5K
Cap Rate 9%
$156,711
$156.7K
Market Conditions
NOI Build-Up for 1,560 SF
Gross rent
$21.2K $13.56/SF
− Vacancy
−$1.0K −$0.64/SF
EGI
$20.1K $12.92/SF
− OpEx
−$6.0K −$3.87/SF
NOI
$14.1K $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%
$282,080
Cap Rate 7%
$201,486
Cap Rate 9%
$156,711
Alternative Uses
Best Use
Multifamily LT 5
$201.5K
$176.3K – $235.1K
NOI $14,104 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$185.8K
$162.6K – $216.8K
NOI $13,009 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$391.4K
$342.5K – $456.6K
NOI $27,396 @ 7.0% cap · market cap 13.05%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,196
Businesses Nearby
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Business Placement
Demographics for 79902, TX
20,071
Population
9,752
Households
2.1
Avg Household Size
38
Median Age
39%
College-Educated
81%
High-School Grad
6.5 sq mi
ZIP Area
3,088
Density / Sq Mi
$45,333
Median Household Income
$33,495
Median Earnings
$777
Median Rent
$223,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Residential income property with matching two-bedroom layouts, central HVAC, and public sewer service.
Where is this duplex located?
The property is located at 1128 E RIVER Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bath in each unit; 1,560 square feet on a 0.14‑acre lot; R5 zoning and public sewer service
