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2928 East San Antonio Avenue, El Paso, TX, 79905
Duplex with Backyard Unit

2928 East San Antonio Avenue El Paso, TX 79905

For Sale
$200,000

Single-level duplex plus a third backyard unit, each with a bedroom, living area, and bathroom accommodations.

Property Size2,116 SF
Price / SF$94.52
Days on Market1008

Property Features for 2928 East San Antonio Avenue

General Information

Standard status
Active
Size
2,116 SF
Property subtype
Multi-Family / Triplex

Building Details

Year Built
1930
Listing Agency: Colonial Real Estate
Listed By: Alex Carrillo · License #0516278
Source: Compass
Added: Oct 21, 2023 Changed: Jul 23 Last Checked: Jul 24 at 1:48PM

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 Colonial Real Estate


Investment Insights

Based on property information with market context.

This single-level duplex includes a third unit located in the backyard, creating three separate living spaces. In the main duplex, each unit features one bedroom and a large dining room that may be adaptable as a second bedroom conversion, along with a living area and a spacious restroom with a tub and shower. Each unit also has a kitchen sized for everyday use. The third backyard unit offers a bedroom, a full bathroom, and a spacious living room, with a kitchen that receives abundant natural light.

The property is located with close proximity to the freeway and commercial areas, and also near a park, supporting convenient access to everyday destinations.

For a practical layout, the asset is configured as a duplex front/main portion plus an additional self-contained unit in the backyard, with each unit including dedicated indoor living space and bathroom facilities.

Key Highlights

  • Single‑level duplex plus a third backyard unit
  • Each unit offers 1 bedroom and a living area
  • Each unit includes 1 bathroom with tub and shower in the main home units

Financial Insights For Apartment 5plus

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 $33.8k $15.96
− Vacancy −$1.7k −$0.80
EGI $32.1k $15.16
− OpEx −$14.4k −$6.82
NOI $17.6k $8.34
2,116 SF · lease $15.96/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$273.3K
$239.1K – $318.9K (±1% cap)
NOI $19,131 @ 7.0% cap · market cap 9.57%
Second Best
Apartment 5plus
$252.1K
$220.6K – $294.1K (±1% cap)
NOI $17,646 @ 7.0% cap · market cap 8.82%
Theoretical Best
Office A
$530.9K
$464.5K – $619.3K (±1% cap)
NOI $37,160 @ 7.0% cap · market cap 18.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

(Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store Veterinary Clinic Travel Agency Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Triplex - Single-level duplex plus a third backyard unit, each with a bedroom, living area, and bathroom accommodations.
Where is this triplex located?
The property is located at 2928 East San Antonio Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Single‑level duplex plus a third backyard unit; Each unit offers 1 bedroom and a living area; Each unit includes 1 bathroom with tub and shower in the main home units
More about this property
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