Two-Unit Duplex Income
For Sale
$210,000
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.
Property Size1,560 SF
Price / SF$134.62
Days on Market94
Property Features for 1128 East River Avenue Unit A & B
General Information
Standard status
Active
Size
1,560 SF
Property subtype
Multi-Family / Duplex
Additional Details
Multifamily Units
2
Building Details
Year Built
1948
Tenancy
Multi
Listing Agency:
Alpha Omega Real Estate Group LLC
(915) 383-9501
Listed By:
David Bagby Cantu · License #0711943
(915) 383-9501
Source:
Compass
Added: Apr 30
Changed: Jul 10
Last Checked: Jul 31 at 12:21PM
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
Investment Insights
Based on property information with market context.
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.
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.
Key Highlights
- Duplex built in 1948 with two separate units
- Each unit features a 2‑bedroom, 1‑bath layout
- Owner pays water
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
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.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
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
