Two-Unit
For Sale
$210,000
1128 E RIVER Avenue A & B, El Paso, TX 79902
Both residences offer a two-bedroom, one-bathroom layout, with water paid by the owner.
Property Size1,560 SF
Price / SF$134.62
Days on Market151
Property Features for 1128 E RIVER Avenue A & B
General Information
Standard status
Active
Size
1,560 SF
Property subtype
Duplex
Site & Location
Neighborhood
Rio Grande Neighborhood Association
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$4,099
Building Details
Building Size
1,560 SF
Year Built
1948
Listing Agency:
Side
Listed By:
Center Real Estate
(915) 228-3989
Source:
Center-realestate
Added: Jun 2
Changed: Oct 26
Last Checked: Oct 26 at 3:58PM
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 Side
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Investment Insights
Based on property information with market context.
This duplex contains two residences, each arranged with two bedrooms and one bathroom. The building totals 1,560 square feet and was constructed in 1948. Water service is paid by the owner.
The property is at 1128 E River Avenue in El Paso, near major hospitals, downtown, and UTEP. Advance approval is required for showings; current occupants should not be disturbed.
The property is at 1128 E River Avenue in El Paso, near major hospitals, downtown, and UTEP. Advance approval is required for showings; current occupants should not be disturbed.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,560‑square‑foot building constructed in 1948
- Owner pays water
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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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,196
Businesses Nearby
Explore this area
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 - Both residences offer a two-bedroom, one-bathroom layout, with water paid by the owner.
Where is this duplex located?
The property is located at 1128 E RIVER Avenue A & B 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 residences, each with 2 bedrooms and 1 bathroom; 1,560‑square‑foot building constructed in 1948; Owner pays water
