1128 East River Avenue Unit A & B, El Paso, TX 79902
Two 2-bed, 1-bath units with owner-paid water; investor-friendly duplex in El Paso.
- 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
Listing agent David Bagby Cantu License #0711943 (915) 383-9501
Listing office Alpha Omega Real Estate Group LLC (915) 383-9501
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- El Paso
- County
- El Paso
- State
- Texas
- Longitude
- -106.485596
- Latitude
- 31.773146