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    Two-Unit Duplex Income Property Title is generated by Realmo AI

    1128 East River Avenue Unit A & B, El Paso, TX 79902

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    Claim this Listing
    For Sale
    $210,000

    Two 2-bed, 1-bath units with owner-paid water; investor-friendly duplex in El Paso.

    Type:Multi-Family / Duplex
    Property size:
    1,560 SF
    Price / SF:
    $134/SF
    Added:
    Jun 1, 2026
    Days on Market:
    16
    Last Refresh:
    Jun 6 at 3:19 am

    Property Features for 1128 East River Avenue Unit A & B

    General Information

    Standard status
    Active
    Size
    1,560 SF
    Property subtype
    Multi-Family / Duplex

    Building Details

    Year Built
    1948

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    Listing Contact
    David Bagby Cantu

    Listing agent David Bagby Cantu License #0711943

    Listing office Alpha Omega Real Estate Group LLC

    Listing date Jun 1, 2026

    Source Compass

    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 Alpha Omega Real Estate Group LLC

    HighLights

    • Duplex built in 1948 with two separate units
    • Each unit features a 2‑bedroom, 1‑bath layout
    • Owner pays water
    • Flat roof
    • Located in El Paso near major hospitals, Downtown, and UTEP

    Overview

    This duplex features two separate units (Unit A & B), and each unit is laid out as a 2-bedroom, 1-bath residence. The property is a residential income duplex offered for sale, with owner-paid water noted in the seller’s remarks. The total property size is listed as 1,560 square feet. Showings must be approved in advance, and tenants must not be disturbed.

    Located at 1128 East River Avenue in El Paso, Texas 79902, the seller describes the property as centrally located with close proximity to major hospitals, Downtown, and UTEP.

    For investors looking for a two-unit residential income property, the configuration provides two independent 2-bed, 1-bath units within the same duplex structure, supported by the owner-paid water detail that may help with budgeting consistency. With advance showing approval required, prospective buyers should plan accordingly when scheduling tours and due diligence.

    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 $21.2k $13.56
    − Vacancy −$1.0k −$0.64
    EGI $20.1k $12.92
    − OpEx −$6.0k −$3.87
    NOI $14.1k $9.04
    1,560 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $201.5K
    $176.3K – $235.1K (±1% cap)
    NOI $14,104 @ 7.0% cap · market cap 6.72%
    Second Best
    Apartment 5plus
    $185.8K
    $162.6K – $216.8K (±1% cap)
    NOI $13,009 @ 7.0% cap · market cap 6.19%
    Theoretical Best
    Office A
    $391.4K
    $342.5K – $456.6K (±1% cap)
    NOI $27,396 @ 7.0% cap · market cap 13.05%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Law Firm Gym & Fitness Center Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.485596
    Latitude
    31.773146

    FAQs

    What type of property is this?
    Duplex - Two 2-bed, 1-bath units with owner-paid water; investor-friendly duplex in El Paso.
    Where is this duplex located?
    The property is located at 1128 East River Avenue Unit 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: Duplex built in 1948 with two separate units; Each unit features a 2‑bedroom, 1‑bath layout; Owner pays water
    More about this property
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