Duplex with Private
For Sale
$201,000
Pending
1230 &1232 N Cotton Street, El Paso, TX 79902
MULTI_FAMILY - El Paso, TX
Property Size1,890 SF
Lot Size0.14 Acres
Days on Market21
Property Features for 1230 &1232 N Cotton Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R5
Appliances
Water Heater
Subdivision
Highland Park
Elementary school
Moreno
Middle school
Armendariz
High school
Austin
Elementary school district
El Paso
Middle school district
El Paso
High school district
El Paso
Standard status
Pending
APN
55801
Size
1,890 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
21 HIGHLAND PARK 31 & 32
Tax Annual Amount
5636
Legal Description
21 HIGHLAND PARK 31 & 32
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Evaporative Cooling
Building Details
Year built
1960
Number of units
2
Building materials
Block
Roof type
Shingle
Listing Agency:
Keller Williams Realty
(915) 603-5293
Listed By:
Lydia Lewis · License #0743018
(575) 386-3237
Added: Jul 12
Changed: Jul 30
Last Checked: Aug 1 at 10:06AM
MLS# 947507
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.
Investment Insights
Based on property information with market context.
This duplex offers a two-unit layout with private entrances. Each unit features three bedrooms and one full bath, with separate electric and gas. One unit includes a yard, and one unit has a wall removed, currently configured as a two-bedroom; it can be converted back to a three-bedroom layout.
The property sits on a 0.14-acre lot and includes approximately 1,890 square feet of total building area. Constructed of block with a shingle roof, the home was built in 1960 and is served by public sewer. Heating is central, and cooling is evaporative cooling.
Appliances noted include a water heater.
The property sits on a 0.14-acre lot and includes approximately 1,890 square feet of total building area. Constructed of block with a shingle roof, the home was built in 1960 and is served by public sewer. Heating is central, and cooling is evaporative cooling.
Appliances noted include a water heater.
Key Highlights
- 0.14‑acre lot with approximately 1,890 SF total building area
- Two units, each with private entrances and separate electric and gas
- Each unit has 3 bedrooms and 1 full bath (one unit currently configured as 2 bedrooms)
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 | $25.6k | $13.56 |
| − Vacancy | −$1.2k | −$0.64 |
| EGI | $24.4k | $12.92 |
| − OpEx | −$7.3k | −$3.87 |
| NOI | $17.1k | $9.04 |
1,890 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$244.1K
$213.6K – $284.8K
NOI $17,088 @ 7.0% cap · market cap 8.50%
Second Best
Apartment 5plus
$225.2K
$197.0K – $262.7K
NOI $15,761 @ 7.0% cap · market cap 7.84%
Theoretical Best
Office A
$474.2K
$414.9K – $553.2K
NOI $33,191 @ 7.0% cap · market cap 16.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,392
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-unit duplex with private entrances, central heat, evaporative cooling, and public sewer.
Where is this duplex located?
The property is located at 1230 &1232 N Cotton Street El Paso, TX.
What is the asking price?
The asking price for this property is $201,000.
What are key features of this property?
This property features: 0.14‑acre lot with approximately 1,890 SF total building area; Two units, each with private entrances and separate electric and gas; Each unit has 3 bedrooms and 1 full bath (one unit currently configured as 2 bedrooms)
